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Shiba Inu (SHIB) and Dogecoin (DOGE) are two of the most popular meme coins within the crypto space. However, whales that are holding these altcoins have diverted their attention to Pomerdoge (POMD). The staggering price predictions of a 4,000% increase for this upcoming project have grabbed significant attention, and today, we will explore why this has been the case.
The Shiba Inu (SHIB) project got a high level of attention after the bridge between Shibarium and Ethereum launched in Beta for public testing. This bridge will support testnet ETH and will take up to 30 minutes for each transfer.
Furthermore, the current live Shiba Inu price is $0.00000839. Its 24-hour trading volume stands at $166.12M. In addition, its market cap is at $4.94 billion, which marked an increase of 1.25% in the last 24 hours. Equally important, during 30 days, the cryptocurrency increased in value by 14.4%, and in the last week, it's been up 7.9%.
Subsequently, according to on-chain data, there has been a surge of 197% in significant transactions conducted by Shiba Inu whales, amounting to over $100,000 each. Based on a Shiba Inu price prediction, the cryptocurrency is expected to spike to $0.00001108 by the end of the year.
Based on the Relative Strength Index (RSI) data, the Dogecoin (DOGE) cryptocurrency bears appear to have seized its momentum. After reaching a high value following Twitter's name change to X, the DOGE RSI has dipped below a critical level at 70, hitting 67.64.
Moreover, Dogecoin traders are seeking out short-term opportunities and have begun selling some of their coins. The on-chain Market Depth chart indicates that the bears began to sell orders and have sold 193 million DOGE, 20% above the current prices.
The Dogecoin price is currently at $0.081111 as of July 29, 2023. Subsequently, in the past 30 days, it's been up 27.9%, and in the past week, it increased by 13.7%. At this rate, analysts are bullish on the future performance of the altcoin. Regardless, according to a Dogecoin price prediction, it can surge to $0.10 by the end of 2023.
Pomerdoge (POMD) is an upcoming project that can become the biggest meme coin of the year. Moreover, it aims to establish a prominent ecosystem that can appeal to both casual and experienced investors.
The Pomerdoge ecosystem features numerous elements, including Pomergame, which is a Play-to-Earn (P2E) game where anyone can compete in thrilling battles against other players on a global scale. The game will be enjoyable, fast-paced, and entertaining. It will also reward players for their time committed to it.
In addition, there's the Pomerplace. Each player has a Pomer. When this Pomer reaches gold status, they will be able to begin selling skins, items, or other valuables in the dedicated marketplace. Of course, any valuables collected in-game can also provide players with value as a result. There's also an arena where players can battle with their Pomer against other members.
Furthermore, there is a collection of 7,777 NFTs that will get released in August and September. Each of them will cost just 0.2 ETH per NFT and will be available to holders of POMD. Similarly, the POMD token now trades at just $0.007, and analysts believe that at launch, it can surge in value by 4,000%, making it one of the most notable altcoins of 2023.
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
