Home Community Insights Polygon and Hedera Trade On Borderline While Pomerdoge Pushes Market For Bullish Run

Polygon and Hedera Trade On Borderline While Pomerdoge Pushes Market For Bullish Run

Polygon and Hedera Trade On Borderline While Pomerdoge Pushes Market For Bullish Run

The crypto market is expanding with the entry of new cryptocurrencies. If you wish to invest in crypto, it is critical to analyze their market performance and growth prospects.

A new project, Pomerdoge, has emerged as the hottest investment decision in 2023. Its ongoing presale has already raised over $960,000 in stage 1. Meanwhile, long-standing projects like Polygon (MATIC) and Hedera (HBAR) are sailing through troubled waters. Let’s see what experts say about these three cryptocurrencies.

Summary

  • Polygon (MATIC) has seen a downward movement in its active addresses, and daily transactions.
  • Hedera’s (HBAR) trading volume has increased by more than 450%.
  • Pomerdoge has raised more than $960,000 within three weeks of its launch.

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

Polygon (MATIC) Shows Sluggishness

The Polygon (MATIC) network has struggled to register growth due to its sluggish performance in several metrics. Recently, data from Artemis highlighted that the daily active addresses on Polygon (MATIC) have remained stagnant for a long period.

Subsequently, the number of daily transactions on the Polygon (MATIC) network has also been downward. Besides, Polygon (MATIC) has suffered a drop in its fees and revenue.

All these issues have dragged the price of Polygon (MATIC) down by 20% in the past month. Thus, the current trading price of a Polygon (MATIC) token is $0.62.

Hedera’s (HBAR) Volume On Exchanges Increases

Decoupling with the overall market, Hedera (HBAR) has registered growth lately. Subsequently, the trading price of Hedera (HBAR) has seen a surge of 17% in the past month. Thus, the price of Hedera (HBAR) has increased to $0.060718.

As per the latest data from Santiment, Hedera’s (HBAR) volume on exchanges has been soaring since August 5. The data shows that the trading volume of Hedera (HBAR), on exchanges, has gone up by more than 450%.

Meanwhile, big investors have increased the accumulation of Hedera (HBAR), anticipating further growth.

Pomerdoge (POMD) Presale Records Historic Growth

Pomerdoge is a new crypto project that has altered the landscape of the blockchain gaming industry. It is a play-to-earn (P2E) meme coin offering multiple benefits, and enormous growth potential. A market report has suggested that the blockchain gaming industry can grow up to $65.7 billion by the end of 2027. Hence, experts believe that Pomerdoge will scale several heights.

<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>Price Increasing!!<br><br>What can we say <a href=”https://twitter.com/hashtag/pomercrew?src=hash&amp;ref_src=twsrc%5Etfw”>#pomercrew</a>! We started presale just over three weeks ago and have raised $1,300,000<br><br>THE PRICE WILL INCREASE TO $0.01 ON FRIDAY THE 25TH OF AUGUST AT 19:00 UTC<br><br>We have shared the designs of the Pomerplace, consisting of a marketplace and an… <a href=”https://t.co/zRfmhVDAGZ”>pic.twitter.com/zRfmhVDAGZ</a></p>&mdash; Pomerdoge (@pomerdoge) <a href=”https://twitter.com/pomerdoge/status/1693589763742126180?ref_src=twsrc%5Etfw”>August 21, 2023</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>

It has planned to introduce a new play-to-earn (P2E) ecosystem comprising Pomergame, Pomerplace, and a collection of exclusive 7,777 NFTs. Pomergame will allow users to build their characters and upgrade them to elite status by creating customized in-game items. Once gamers get a gold status Pomer, they can sell their in-game assets at Pomerplace.

Pomerdoge has given utmost importance to security. Its token smart contracts have undergone auditing twice. Besides, the platform will lock the liquidity pool for life.

The presale of POMD has started, and it is currently in stage 1. Interestingly, there will be only four stages of Pomerdoge’s presale. Moreover, the platform will release a maximum of 1 billion POMD tokens during its initial coin offerings. Recently, the buying price of the token increased to $0.008 from $0.007.

Moreover, it is expected to surge by 17x during the presale round. Besides, market experts forecast that Pomerdoge’s value will surge by 4,000% by the end of 2023. After the presale phase, POMD tokens will hit Uniswap and other leading exchanges.

Find out more about the Pomerdoge (POMD) Presale Today

Website: https://pomerdoge.com/

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

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