August 7th, 2023 at 12:04 pm UTC · 4 min read
The Play-to-Earn (P2E) space is appealing to thousands of players on a global scale as it provides monetary value for the time spent within them, aside from just the enjoyment factor. This means that initially, cryptocurrencies like Decentraland (MANA) and The Sandbox (SAND) kicked off with a bullish outlook.
As of recently, however, they have experienced a downfall in value on their charts. Moreover, the only token bullish on the charts this month has been Pomerdoge (POMD), and today, we will look at how far it can climb.
The Decentraland (MANA) cryptocurrency traded at a value of $0.364434 on August 5, 2023. Based on its on-chart activity, it has recently dipped into the red zone. The Decentraland crypto saw its low point at $0.360083, with its high point at $0.395008.
According to the analytical data, the Decentraland price decreased by 3.7% in the last 30 days and 6.5% during the past seven days. Nonetheless, its market cap is at $671,402,642, and its 24-hour trading volume is at $25,730,081, which still puts it as the 64th cryptocurrency on the top 100 list. As a result of this, some analysts are still bullish on its future. According to the Decentraland price prediction, it can reach a maximum value of $0.46 by the end of the year.
A similar pattern was also seen from The Sandbox (SAND) cryptocurrency, which has been trading at $0.402442 on August 5, 2023. In terms of the performance during the past week, its low point was at $0.394368, with the high Sandbox price point at $0.439001.
During the past week, The Sandbox crypto decreased by a total of 7.3%, and in the past 30 days, it decreased by 3.7%. However, there is still hope for this altcoin, as its market cap is still at $828,744,117, with a 24-hour trading volume of $48,689,777.
This puts it 49th on the top 100 crypto list. As a result, according to The Sandbox price prediction, the crypto can climb to $0.54 by the end of the year.
Pomerdoge (POMD) is the only cryptocurrency currently bullish on the charts from all of the aforementioned altcoins. This upcoming Play-to-Earn (P2E) ecosystem brings something new to the blockchain space and can become a dominant force.
From its dedicated game, marketplace, and unique NFT collection, it adheres to the taste and ambitions of many investors, traders, and gamers.
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Get to know the latest meme coin in town ready to show Shiba, Pepe and Doge how it’s really done
— Pomerdoge (@pomerdoge) July 29, 2023
Moreover, in its ecosystem, there’s Pomergame. This is a P2E game in which players can take part in the most exciting virtual world and complete adventures. They can also earn rewards and get paid for their time playing it.
The goal of each player is to build up their character to Elite Level and create their own custom items. At the point in time when a player’s Pomer character levels up to Gold Status, they can then engage in the process of selling skins, items, and other valuables within the Pomerplace.
The Pomerplace represents a marketplace, where anyone can transact with the items they’ve collected in-game. There’s also an Arena where anyone can battle their Pomerdoge against other members.
Moreover, there’s also a unique collection of 7,777 NFTs, where each one will be released during the months of August and September. Subsequently, they will cost 0.2 ETH for a single NFT. Only the holders of the POMD token will be able to buy them. A single Pomerdoge (POMD) token costs just $0.007, and analysts predict that a 17x climb is coming upon its launch.
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