Home Community Insights Why Are Traders Increasing Their Uniswap, Algorand, and Pomerdoge Holdings?

Why Are Traders Increasing Their Uniswap, Algorand, and Pomerdoge Holdings?

Why Are Traders Increasing Their Uniswap, Algorand, and Pomerdoge Holdings?

Recently, there has been a notable trend among traders to increase their holdings in three specific cryptocurrencies: Uniswap (UNI), Algorand (ALGO), and Pomerdoge (POMD). Let’s dive into the factors driving this surge in interest and explore why they have captured traders’ attention.

Summary

  • Uniswap deploys on Base, causing its price to increase
  • Algorand soars after partnership with the Clinton Foundation
  • Pomerdoge gains mass appeal as a rising presale star and a meme coin

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

Uniswap (UNI): The DEX Giant

Uniswap (UNI), often hailed as a DeFi ecosystem pioneer, has been a cornerstone of the cryptocurrency trading landscape. As a DEX, Uniswap enables individuals to trade from their wallets, eliminating the need for intermediaries.

In recent Uniswap news, users may now conduct swaps or contribute liquidity directly on the Base chain using the Uniswap web interface. This resulted from Uniswap deploying on Base, the Ethereum L2 built by Coinbase. Afterward, the Uniswap price increased by 2.9% on the weekly charts.

As a matter of fact, this upward trajectory has persisted as Uniswap now trades hands at $6.16 with a market cap of $3.5B, up 0.13% in the past 24 hours. Moreover, all technical indicators for Uniswap are showing strong buy signals. Consequently, market analysts foresee a $8.44 price point for Uniswap by the end of 2023. Therefore, traders are now shifting their focus to this coin.

Algorand (ALGO): The Blockchain for the Future

Algorand (ALGO) is a high-performance blockchain network that has seen increasing popularity. With its focus on security and speed, Algorand has positioned itself as a formidable player in the blockchain space.

After the Algorand news that it has collaborated with the Clinton Foundation to combat climate change, its value skyrocketed. The Algorand crypto price increased by 7.4% in the past seven days.

At the moment, Algorand has a value of $0.1132 with a market cap of $884M, a rise of 0.60% overnight. Additionally, both its moving averages and technical indicators are in the green. Due to all these reasons, market analysts remain bullish for Algorand, forecasting a price of $0.13 for the crypto within Q4 of 2023.

Pomerdoge (POMD): A New Breed of Play-to-Earn

P2E gaming has gained immense popularity in recent years; in fact, projections see it reaching $3618M by 2028, and Pomerdoge (POMD) aims to take this concept to new heights. Pomerdoge introduces an engaging P2E experience that revolves around a virtual world inhabited by Pomeranian-inspired characters, affectionately known as “Pomers.”

Players can immerse themselves in this vibrant ecosystem, building their Pomers and customizing their avatars with unique items and accessories. The potential to earn valuable rewards further enhances the allure of creating a personalized character and exploring a dynamic in-game universe.

Central to Pomerdoge’s ecosystem is the Pomerplace marketplace. Players can buy, sell, and trade the items they collect during gaming. This marketplace offers a platform for participants to showcase their unique creations and forge connections with other players.

In contrast to Uniswap and Algorand, Pomerdoge is now in Phase One of its presale with a low market cap of $14M. In other words, it will soar much faster and easier than its counterparts. One POMD native token costs just $0.008 – a 14% rise from its starting price. If you wish to access an exclusive 7,777 NFT collection and other rewards, sign up below.

 

Find out more about the Pomerdoge (POMD) Presale Today

Website: https://pomerdoge.com/

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

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