Pomerdoge (POMD) has been making waves in the crypto world, drawing the attention of major players like Avalanche (AVAX) and Fantom (FTM). Despite being in the presale phase, Pomerdoge’s potential for a 100x surge has intrigued these crypto giants, suggesting a bright future for this new contender in the digital currency landscape.
How Pomerdoge (POMD) Distinguishes Itself from Other Memecoins
Pomerdoge has gained significant traction in the memecoin market, primarily attributed to its meticulously planned presale event. Through a tiered pricing mechanism, the value of POMD tokens surged from $0.07 to $0.0165, enticing investors with a sense of urgency to acquire this increasingly scarce asset.
So, how does Pomerdoge set itself apart in the crowded memecoin arena? While Dogecoin rides the wave of celebrity endorsements, Pomerdoge melds the light-hearted appeal of memecoins with a tangible real-world application that’s unparalleled among its peers.
Underneath its cheerful facade, Pomerdoge will feature a thriving ecosystem infused with play-to-earn gaming and a bustling marketplace. POMD is not just a speculative asset; it offers authentic engagement and tangible value.
Pomerdoge enthusiasts are active participants who monetize gameplay, exchange virtual goods, and shape the project’s direction, setting it apart from other memecoins. It is creating a real community spirit that has caught the attention of big players like Avalanche and Fantom.
While Dogecoin undoubtedly popularized the memecoin genre, Pomerdoge further introduced genuine utility and rewarding user engagement. This transition has not gone unnoticed by industry experts, with many forecasting an impressive 100x trajectory for Pomerdoge.
For those with an eye for opportunity, the current presale rate of $0.0165 for each POMD might be a steal, especially with this price increasing as the presale draws close.
Avalanche (AVAX) Enthusiasts Migrating Towards Promising Prospects Like Pomerdoge (POMD)
Since its debut in 2019, Avalanche has established itself as a prominent player in the DeFi space. The initial surge of Avalanche was remarkable, reaching a peak of $146 and achieving a staggering market capitalization of over $30 billion by the end of January 2021.
However, the current scenario paints a different picture. Avalanche’s value now sits at a modest $8.85, having breached the crucial $10 support threshold underpinning its price for an extended 30-month duration.
Many attribute Avalanche’s sharp downturn to its inherent scalability challenges and practical application delivery. A sizable portion of its community needs help using Avalanche’s four-chain architecture, which can be daunting and require technical finesse.
With a 5.52% weekly loss and increasing bearish sentiment, market pundits are now suggesting a potential slide toward the next support on the daily chart — the $3.50 benchmark.
Numerous Avalanche enthusiasts are now shifting their allegiance to Pomerdoge. Keen to maximize the prospects of the ongoing phase-3 presale, they’re securing their positions in anticipation of its public launch.
Fantom (FTM): Examination of the Impacts of a Major Security Breach
Fantom’s journey has followed a similar path to Avalanche. It peaked in April 2021, but since then has experienced a significant decline of 94%, with today’s valuation at $0.19. Since February of this year, Fantom has witnessed a decrease of 69%, indicating the current prevailing bearish sentiment in the market.
The recent drop in Fantom’s price directly results from a significant security vulnerability in Multichain’s Fantom bridge. The breach caused a catastrophic loss of approximately $126 million in digital assets, with a significant portion comprising Fantom’s native token.
As a result, the total value locked (TVL) in Fantom took a big hit, dropping from $200 million to just $65 million within a few days. And now, it has further declined to around $48 million. Developers are now wary of creating projects on the Fantom platform.
Fantom’s value is currently hovering just above the crucial threshold of $0.20. If it stays below this level, there is a possibility of a substantial downturn to the next support at $0.16. During these unstable times, investors are exploring more stable investment opportunities, which puts additional pressure on the Fantom leadership to restore confidence quickly.
Pomerdoge’s 135% ascent starkly contrasts Fantom’s downward trajectory. And with the gains predicted to keep increasing, investors are taking a closer look at this latest development.
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