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- Cryptocurrencies
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- Stocks
- White Papers
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- Industry
- Geography
Investors are eagerly watching the price movements of various cryptocurrencies in the crypto market to pick the best to invest in. Three tokens that are top of their list include Shiba Inu (SHIB), XRP (XRP), and Pomerdoge (POMD). In this article, we will look at the price prediction of these three tokens.
Shiba Inu (SHIB), the popular meme coin, is in the process of transitioning into a decentralized ecosystem. In 2021, the Shiba Inu price soared from $0.000000000056 to an all-time high of $0.0000884, a 150,000x increase.
However, since then, the price of Shiba Inu has suffered during the bearish season and has fallen by over 90%. While the Shiba Inu coin has been bearish in the past month, it is bullish today. This comes after the successful relaunch of the Shibarium layer two network on Monday.
According to CoinMarketCap, the price of Shiba Inu is $0.00000810 today, a 2.07% price increase in the last 24 hours. Similarly, the meme coin is green on the 7-day chart with an increase of 1.57%. Meanwhile, experts have predicted Shiba Inu's price-to-trade range between $0.000005086 to $0.00001038 in 2023.
XRP (XRP) price has been a sideways trend for about two weeks, resonating between two converging trendlines. Currently, the XRP coin has lost all the gains it accumulated after its July win over the US SEC in the Ripple lawsuit.
However, the price of XRP has increased in the last 24 hours by 0.57% to $0.516058. This surge can be attributed to several factors, including the overall bullish trend in the crypto market. Also, positive news such as the partnership between XRPL Labs and Xahau Ledger to boost XRP retail adoption, has also turned the XRP chart bullish.
Despite the price increase, the trading volume of XRP has dropped by 0.30% in the last 24 hours. Notwithstanding, analysts have forecasted that XRP price could trade between $0.649935 and $0.729923 by the end of 2023.
Just like Shiba Inu, Pomerdoge (POMD) has been on a price rally in the past week. Recently, the token's price increased from $0.009 to $0.01. Pomerdoge has garnered substantial popularity with its new approach. The platform seeks to combine the best of the meme coin and blockchain gaming sectors.
According to experts' predictions, the blockchain gaming sector is projected to exceed a value of $5.7 billion by 2027. Analysts believe that Pomerdoge could leverage this immense potential to attain the $0.5 mark by the end of 2023.
Pomerdoge's ecosystem will encompass Pomergame, Pomerplace, and NFTs. Players will be able to create customized avatars on Pomergame. Additionally, there will be quests and challenges for players with prizes to be won. Luckily, players can sell these prizes on Pomerplace, a marketplace and battle arena.
Pomerdoge has initiated a series of weekly competitions and contests, boasting enticing prizes. Users are simply required to either acquire the Pomerdoge token or engage with the platform through Twitter and Telegram.
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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.
