Although Pepe (PEPE) has been in a bearish state in the past week, the token is still trending in the crypto space. The question now is why? Meanwhile, a new contender named Pomerdoge (POMD) is poised to outshine the famous memecoin, Dogecoin. Experts believe Pomerdoge’s exposure to the billion-dollar gaming industry and its utility sets as suitable content for Dogecoin.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Pepe (PEPE) Trending While Still in the Red, Why?
Despite Pepe (PEPE) continuous downtrend, on-chain metrics show that whale activity and social sentiment have increased lately. According to Lunacrush, Pepe has seen a 28.25% hike in social mentions and a 1.9% increase in social engagement. Additionally, Etherscan.io data shows that a whale recently bought over 1.29 billion PEPE worth $1.61 million.
The increased whale accumulation and social sentiment align with the optimistic forecasts of renowned analyst Ali Martinez for PEPE. Martinez’s analysis provides not only potential take-profit goals but also a crucial invalidation point to keep an eye on.
Importantly, Martinez envisions PEPE experiencing a surge to the $0.00000138 level. This represents a significant 10.4% increase from its present value of $0.00000124. The chartist noted that Pepe would have to hold above the $0.00000113 support level. A breach below this level would invalidate the bullish prediction.
Dogecoin (DOGE) Fails To Soar Due to Limited Liquidity
Dogecoin (DOGE) has remained under a downward trendline, resisting for over 9 months, despite occasional upward shifts. Limited liquidity, reduced buying pressure, and bearish markets hinder its upward movement.
DOGE trades at $0.075437, down 0.10% in 24 hours. However, it is up 1.81% in 7 days. If it regains its bullish movement, this could spark a 50% surge to reach $0.1123. In an optimistic scenario, Dogecoin might even challenge the $0.190 barrier, resulting in an impressive 155% increase.
However, amid the positive outlook, a breakdown below the $0.049 level on the weekly timeframe would indicate buyer weakness. This could trigger a significant 45% correction, driving the price down to $0.0267 and potentially even $0.0140.
Pomerdoge (POMD) 20x Rally Continues
While Pepe and Dogecoin await a price recovery, Pomerdoge (POMD) is building an innovative P2E crypto game. This game will combine blockchain gaming with memecoin, effectively tapping into a multi-billion dollar blockchain gaming market.
POMERDOGE PRICE INCREASING!
What can we say #pomercrew! We started presale just over two weeks ago and have already raised almost $750,000!
The price will increase to $0.009 on Thursday the 17th of August at 19:00 UTC
In the coming days (a week or two) we will be showing you… pic.twitter.com/uCvahatIgN
— Pomerdoge (@pomerdoge) August 13, 2023
As a result, many experts believe it has the potential to surpass the popularity of meme coins like Dogecoin and Pepe. Meanwhile, several notable features set Pomerdoge’s token as a special memecoin. Pomerdoge players have the opportunity to exchange crucial in-game items on the Pomerplace marketplace.
This interactive gameplay, coupled with the availability of exclusive NFT collections, greatly resonates with gamers who seek an innovative and gratifying gaming experience. Pomerdoge has also taken substantial safety measures into account. For instance, the team has implemented an eternal liquidity lock.
Additionally, the project has undergone thorough audits by SOLIDProof and Cyberscope to ensure its security. Unlike Dogecoin which is simply a meme coin with no utility, Pomerdoge offers users access to more rewards and incentives. Currently, POMD tokens are available at $0.008 per token.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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