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Litecoin (LTC) and Chainlink (LINK) bearish trend is worrying investors, as Pomerdoge (POMD) is projecting 30x gains in the long-term. The unique features that Pomerdoge is bringing to blockchain gaming has turned heads, some notable mentions are Pomergame, Pomerplace and top-secret NFT collection.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Why Did Litecoin (LTC) Fall? Will It Rise Again?
Litecoin cryptocurrency uses the features of blockchain technology to offer quick, safe, and affordable payments. Recently, Litecoin accomplished a significant feat as the price decreased. Analysts had already predicted that the price of LTC would decrease both before and after the halving.
Why did Litecoin fall? Litecoin’s price fell by 12%, losing its crucial support level of $85 within the last 48 hours. When the price was still at $90, analysts warned that a sharp decline could push the price to the $80 range.
Litecoin currently trades at $82.38 USD with a trading volume of $423.46M. For the time being, it appears likely that the price will decline to the $80 and $72 support levels if the $85 support is not reclaimed.
Chainlink (LINK) Shows Promises As Analysts Predict a Rally
Chainlink is a decentralized oracle network that allows blockchains to communicate securely with external data feeds and payment methods while offering the essential off-chain data required by smart contracts.
Recent analysis shows that Chainlink is poised to soar after weathering a protracted period of accumulation. A seasoned expert and researcher, Michael van de Poppe, has predicted that Chainlink could see a price gain of more than 50% soon.
The analyst claims that Chainlink has been consolidating after trading between $5 and $9.50 for around 450 days. He believes that before beginning an upward rise, LINK will produce a higher-low pattern.
At the time of this writing, Chainlink is trading for $7.22 and has seen a 2.6% decline over the past 24 hours.
Visit us today at https://t.co/t5TegpCK1H
Join in the fun with fellow #Pomercrew members on telegram https://t.co/B9zhnIQa6C
Get to know the latest meme coin in town ready to show Shiba, Pepe and Doge how it’s really done
Pomerdoge is the name of the new P2E game #Pomerdoge… pic.twitter.com/Fl1nVoOt1f
— Pomerdoge (@pomerdoge) July 29, 2023
The Pomerdoge (POMD) Token Will Attract 30x Returns
In comparison to coins like Litecoin and Chainlink, Pomerdoge offers customers better utility and advantages. It aims to fully leverage the immense potential of the blockchain gaming industry as a Play-to-Earn (P2E) cryptocurrency game.
In order to facilitate communication among gamers all around the world, Pomerdoge seeks to provide a platform for competitive gaming with its Pomergame. User security is also a top priority for this project, which has undergone a careful SolidProof and Cyberscope audit.
Also, POMD token owners can use them to buy incentives, rewards, and NFTs. Moreover, presale participants will be qualified for a portion of the game’s profits based on the number of tokens they own. As a result, they will have access to a limited number of 7,777 NFTs.
Indeed, these exclusive perks considerably boost the value proposition for the project’s early backers. Right now, the token is being purchased for a paltry $0.007. Despite this, analysts are positive about the project and forecast investment gains of 30x.
Learn about Pomerdoge (POMD) Presale happening today.
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
Twitter: https://twitter.com/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.
