Despite the large influx of new projects launching in the crypto space, only a few have emerged with good potential and utility. Pomerdoge is one such project. As a result, Binance coin (BNB) and Cardano (ADA) holders are amassing the token as the stage one token presale kicks off.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Pomerdoge (POMD): The Best Crypto Investment This Year
Pomerdoge wants to revolutionize the gaming and crypto sectors with its P2E crypto game. The platform creates a global community where players can engage in competitive and entertaining gameplay. Pomerdoge prioritizes user safety as it has been audited by Interfi Network.
With over 3 billion people globally invested in online gaming, Pomerdoge anticipates a continuous influx of users that will drive the value of the POMD token. Currently, in stage one of its token presale, POMD is priced at $$0.0000264, allowing investors to maximize their returns. Analysts have projected a potential 4,000% ROI for early investors who jump on now at stage one.
Binance Coin (BNB) Faces Regulatory Scrutiny In Australia
Binance Coin (BNB), the native token of Binance, has experienced a price decline, dropping below $243. This decrease can be attributed to recent actions taken by authorities and regulators. In early June, the United States Securities and Exchange Commission (SEC) filed a lawsuit against Binance, causing a significant drop in Binance Coins’ (BNB) value. Within just seven days, Binance Coin (BNB) plummeted by 27%, falling from $305 to $220.
Binance’s derivatives arm is also facing regulatory scrutiny in Australia, as the Australian Securities and Investments Commission (ASIC) conducted a search at Binance’s Australian office on Tuesday. CoinMarketCap data shows the price of Binance coin (BNB) stands at $233.03, a decline of -2.73% in the last 24 hours and 3.00% over the past 7 days. Currently, Binance Coin (BNB) is trading below the 50-Day Simple Moving Average (SMA) at $268.13 and the 200-Day SMA at $295.20.
Cardano (ADA): Analyst Gives Bullish Prediction
Following its classification as a security by the US Securities and Exchange Commission (SEC), Cardano (ADA)is making efforts to recover from a yearly low of $0.220 reached on June 12th, 2023. The price decline caused Cardano (ADA) to fall below a significant support level at $0.3, leading to an increase in selling pressure.
On another note, renowned trader and analyst Dan Gambardello recently shared his analysis, predicting that Cardano (ADA) could potentially reach $7.50 during the next bull run, which might occur after the 2024 Bitcoin halving. He also forecasted that the altcoin’s total market capitalization could reach $250 billion in the next cycle.
As of now, Cardano (ADA) trades at $0.283960, with its value resting on a crucial support level at $0.2752. However, Cardano (ADA) dropped below the 9-day and 20-day Exponential Moving Average (EMA) lines on Wednesday. If Cardano’s (ADA) price fails to maintain support at this key level within the next 48 hours, it may further decline to the next support at $0.2504.
Conclusion
Binance Coin (BNB) and Cardano (ADA) have long been in the spotlight within the cryptocurrency space. However, emerging cryptocurrencies like Pomerdoge are pushing boundaries by leveraging innovative technologies. Analysts have even predicted a potential 40x surge in value as the POMD token gains momentum and widespread acceptance. By investing in Pomerdoge today, early investors have the opportunity to capitalize on this projected 40x increase.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
