Place/Date: - July 29th, 2023 at 12:00 pm UTC · 3 min read
The crypto space is known for its volatility, where the price of different altcoins, like KuCoin (KCS) and Polkadot (DOT), can swing rapidly. However, while these two altcoins have showcased disappointing price movements, another upcoming project is dominating the charts. Now, investors are betting big on Pomerdoge (POMD) for a 100x pump in its price.
KuCoin (KCS) surpassed the 29 million registered user, and this growth prompted many investors to believe that its value can surge as-well. But things didn’t quite turn out that way, as the cryptocurrency dipped under the $6 support level.
In a bearish turn of events, many are now beginning to sell the altcoin, while some analysts still believe there is a chance of recovery.However, many investors have begun getting disappointed at its price performance.As of July 27, 2023, the KuCoin price was $5.91. During the past week, the low point for KuCoin was at $5.72, with its high point at $6.16.
Moreover, in the last 30 days, KuCoin decreased by 10.2%, and in the last seven days, it’s been down 4.3%. This red-zone entry is worrying investors. According to a KuCoin price prediction, it can reach $6.76 by the end of the year.
Polkadot (DOT)’s price has struggled to break out from a key diagonal resistance level for quite a while. It is now trading towards the key support level at $5, but it has not managed to regain its yearly high.
The DOT price has fallen, and it is now showcasing a descending resistance line. Additionally, the RSI index also showcases an inconclusive value at 47.08. As of July 27, Polkadot traded at $5.29. During the past week, DOT saw its low point at $5.14, with its high point at $5.65.
In addition, within the last year, it has been down by 21.9%. During the past seven days, it dipped by 2.3%. According to a Polkadot price prediction, the cryptocurrency can reach $6.31 by the end of the year.
Pomerdoge (POMD) is an upcoming new Play-to-Earn (P2E) platform that promises endless opportunities for gamers who are looking for a fun and engaging experience. The ecosystem consists of the Pomergame and Pomerplace.
It is set to launch in September of 2023, and the presale investors can get access to a unique collection of 7,777 NFTs. They can also get a revenue share from the Pomerdoge earnings. At its current stage, 1 POMD token trades at just 0.007. Subsequently, the presale features weekly giveaways worth $100,000 and a mega POMD prize worth $50,000.
Moreover, investors are also able to stake the cryptocurrency to get a fixed APR of 10%, and VIP holders can get 15%. This provides an additional way through which any investor can expand their opportunities and earn passive income. Pomerdoge is the next potential blue-chip token that investors do not want to miss.
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