September 11th, 2023 at 5:57 pm UTC · 3 min read
Solana (SOL) and Ripple (XRP) holders are selling to buy into the next predicted king of memecoins, Pomerdoge (POMD). Analysts have already touted this up-and-comer as one of 2023’s best performers. With bullish market sentiment following the SEC losing its court case to Greyscale, another altcoin season could rapidly break out within weeks. Pomerdoge’s presale lets investors get in on the ground floor, and today, a look at why Pomerdoge is set to become king of the memecoin arena.
Pomderdoge is changing the game entirely. This brand-new P2E game will connect people worldwide, allowing them to earn while playing. Looking to challenge Shiba Inu (SHIB) and Dogecoin (DOGE), Pomerdoge has one killer advantage. More than 3 billion people around the world spend time gaming, and the protocol uses the Pomergame as a funnel for all these potential users.
The protocol will launch 7,777 NFTs for a mint price of just 0.2 $ETH, and these NFTs will act as the ecosystem keys, with only holders of the native token $POMD eligible to mint. Pomerdoge has already enjoyed incredible presale success, raising over $1.9 million, and analysts are already forecasting a staggering rally of 4,000% before the end of 2023.
All seasoned crypto investors know that the real gains are made during the ICO phase, and joining the Pomerdoge presale lets investors join this new and exciting project on the ground floor. Already audited by SolidProof and Cyberscope, the future of Pomerdoge looks incredibly bright, and it could easily be one of the year’s hottest launches.
Solana has been steadily attracting renewed interest, but even this has not prevented long-term holders from rotating their $SOL into $POMD. Despite Solana being one of the best altcoins to hold in 2021, the crypto macro has changed. Instead of alternative layer ones, the current meta favors layer two scaling solutions.
Built by Anatoly Yakovenko, Solana has always aimed to be the fastest blockchain. It leverages a unique hybrid consensus mechanism combining Proof of History (PoH) with Proof of Stake (PoS) to deliver this incredible scalability. However, regardless of speed, without market demand (users who want to transact on Solana), the blockchain will struggle to reclaim its all-time high.
Analysts forecast Solana’s native token, $SOL, targeting a predicted range between $37.79 and $45.67. Although a bullish price prediction, the upside potential of participating in the Pomerdoge presale massively outpaces the ROI potential offered by Solana.
Ripple has retraced all the gains it made following the landmark decision from a US judge that Ripple’s native token, $XRP, was not a security. Designed to enable the fluid transfer of value globally, Ripple provides a platform where users can send money globally within minutes. As opposed to the three to five working days an international wire takes.
Operational since 2012, Ripple has helped settle millions of international transfers of value and, from a technical perspective, massively outshines the SWIFT network- its most significant TradFi rival. However, with the rise of stablecoins and people opting to use these as payment rails instead, Ripple suffers from reduced demand, and analysts see this trend continuing.
Analysts forecast $XRP trading between $1.07 and $1.26 in 2024. After retracing all its earlier gains, the question is, what can Ripple do to reignite organic buy pressure for its token?
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