While established coins such as Apecoin and Fantom are experiencing falls, the Pomerdoge presale has seen millions of tokens sold in the last few days. Analysts predict a 50X return for those who have been able to invest in the presale. But what is Pomerdoge and how is it outperforming industry mainstays? Let’s find out.
Pomerdoge (POMD): The Memecoin Outshining Apecoin (APE) And Fantom (FTM)
Pomerdoge is a cryptocurrency project that is capturing attention by combining the charm of meme culture with tangible utility. The blend of a play-to-earn (P2E) game, a marketplace for in-game assets (Pomerplace), and an engaging meme token set the stage for a multifaceted ecosystem.
Unlike many meme tokens that rely solely on meme appeal, Pomerdoge is developing a P2E game that offers players a chance to compete and earn rewards. This adds a tangible value proposition to the token and encourages community engagement.
The Pomerplace is a unique addition that facilitates the buying, selling, or trading of in-game assets. This marketplace not only enriches the gameplay but creates an additional revenue stream for players.
The POMD token is not just a meme; it’s an essential component of the Pomerdoge ecosystem. Whether it’s making purchases within the Pomerplace or unlocking special rewards, POMD offers real utility.
Those looking to join the Pomerdoge universe can buy POMD at a discounted rate of $0.007 during Phase 1 of the presale. With the price set to rise in future phases, early participation should offer a significant advantage.
Market analysts see potential in Pomerdoge, drawing comparisons to Dogecoin’s success. A price target of $1.00 by 2024 reflects confidence in Pomerdoge’s growth trajectory.
Apecoin (APE): Struggling to Find Support
Serving as a versatile utility token, Apecoin grants users access to a plethora of offerings from Yuga Labs. This versatility garnered significant attention and propelled the Apecoin price from $0 to $34 in a matter of weeks in 2021.
Yet, the tides have shifted for Apecoin. Currently, Apecoin is valued at a modest $1.87 after dropping 95% from its peak. The past week alone has witnessed a 4% decline in its price.
Market experts note that the poor performance of the BAYC NFTs from Yuba Labs is also dragging down the Apecoin price. These NFTs once had a floor price of 128 ETH, yet now they are being sold for only 29 ETH a piece.
With Apecoin now under the $2.00 support, holders are switching over to Pomerdoge in order to take advantage of its presale. The phase-1 prices of $0.007 are particularly attractive with analysts predicting $1.00 for the POMD token within 3 years.
Fantom (FTM): A Deep Dive into Declining User Engagement
Distinctive in the world of distributed ledgers, Fantom distinguishes itself by leveraging Directed Acyclic Graph (DAG) technology. This innovative approach fast-tracked Fantom to a notable market cap surpassing $1 billion in its debut year.
In 2022, Fantom’s Total Value Locked (TVL) soared, touching a peak of $7.58 billion. This uptick was largely supported by various decentralized exchange protocols bolstering the asset’s trade volume. Yet, Fantom’s TVL has shrunk by 99% to a mere $64 million, underscoring a decreasing active user engagement.
The plunge can be primarily traced back to a devastating security breach on the Multichain’s Fantom bridge, where malefactors made away with over $125 million. Given that Multichain was pivotal to the Fantom ecosystem, this debacle has naturally had a domino effect and eroded user trust.
Analysts are treading carefully when it comes to predicting Fantom’s trajectory, especially considering its recent dip below the pivotal $0.30 threshold. While the prevailing sentiment hints at a potential floor of $0.20 for Fantom, it’s incumbent upon the project’s leadership to restore faith and re-energize its community to reclaim its earlier vibrancy.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge