Crypto

Analysts Pick Pomerdoge To Reach $1 First Ahead of Pepe and Dogecoin in 2024

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While meme coins have taken the crypto industry in the past years, only a few have stood the test of time. In recent times, meme coins like Dogecoin (DOGE) and Pepe (PEPE) have seen their price gains wiped off the chart. Fortunately, a new meme coin, Pomerdoge, has come to the rescue boasting more utility. As a result, crypto experts have predicted that Pomerdoge will touch $1 before Dogecoin and Pepe.

Click Here To Find Out More About The Pomerdoge (POMD) Presale

Pepe (PEPE) Price Plunges As Sell-off Skyrockets

According to information from blockchain platforms like Lookonchain, the developers behind Pepe Coin (PEPE) have gone on a selling spree. Data shows that they have moved over 16 trillion PEPE tokens out of a multi-signature “CEX wallet.”

8.5 trillion PEPE tokens were sent to the OKX exchange and liquidated immediately causing Pepe’s value to drop. Evidently, Pepe’s trading volume has soared in the last 24 hours by 452.20% to $293,066,637. This is a sign of increased market activity. 

According to CoinMarketCap, the once-bullish Pepe coin price is now trading at $0.000000899374, a 15.59% price decline in the last 24 hours. As a result, the chances for the price of Pepe coin to reach $1 appears slim as its price would have to skyrocket by over 1,000%.

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Dogecoin’s (DOGE) Lack Of Utility a Major Obstacle To Price Rally

Approximately ten years have elapsed since Dogecoin entered into the cryptocurrency scene, capturing widespread attention. Despite the waning momentum of the Dogecoinprice, it is still among the top 10 cryptocurrencies, boasting a market capitalization of approximately $8.7 billion.

However, a significant challenge obstructing DOGE path to the $1 milestone lies in its limited utility. Primarily, Dogecoin’s functionality is restricted to facilitating payments. Unfortunately, the future prospects for Dogecoin seem somewhat bleak. 

The token is currently under bearish pressure and the signal of a recovery appears bleak for the price of Dogecoin. Moreover, DOGE only notable price increases so far have come from sporadic initiatives fueled by Elon Musk.

Pomerdoge (POMD) Will Reach $1 Before PEPE and DOGE

Based on statistics, more than 22% of gamers dedicate a significant 61-80% of their time to playing online multiplayer games. As a result, the upcoming gaming platform known as Pomerdoge already boasts a substantial user base.

Pomerdoge’s entry into the gaming arena will elevate its status beyond other meme coins. This strategic move will foster global interactions among users, combining aspects of social engagement with competitive gaming.

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Players will be able to reap the rewards of Pomerdoge’s in-game currency, referred to as POMD. Holders of this currency will enjoy incentives such as rewards, exclusive NFTs, and a share of the platform’s earnings. In the meantime, Pomerdoge’s smart contracts have undergone thorough examination by SolidProof and Cyberscope. 

Currently, the platform is in the first phase of its presale, offering tokens at a rate of $0.009 each. Meanwhile, it is worth noting that experts predict Pomerdoge’s involvement in the billion-dollar gaming industry could drive its value to $1 within the upcoming year. This presents an enticing opportunity for investors to capitalize on and earn substantial returns on their investments.

Find out more about the Pomerdoge (POMD) Presale Today:

Website: https://pomerdoge.com/

Telegram Community: https://t.me/pomerdoge

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