Metaverse projects like The Sandbox and Decentraland have seen dramatic declines over the last year. This has caused thousands of investors to diversify. Now, one project is gaining significant traction. Pomerdoge is expected to offer huge returns as a new P2E game. It’s expected to outperform The Sandbox and Decentraland, and has attracted the attention of a Saudi prince.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
The Sandbox Falls 68% In 2023
During the peak of the 2021 bull market investors believed that The Sandbox could become a leading cryptocurrency. However, the project has faced consecutive price declines over the past 18 months. In the last 12 months alone, The Sandbox is down by 68.96%.
This decline has been triggered by two main factors. Firstly, the idea of a Metaverse has failed to gain significant traction. The Sandbox itself has lost 80% of its player base since 2021. As of August 2023, just 15,000 players remain on the platform.
Secondly, the demand for NFTs has also fallen. Since 2021, NFT sales have dropped by over 60%. As The Sandbox uses NFTs throughout its gameplay, demand for in-game features and rewards have fallen.
At the time of writing The Sandbox was trading at $0.4095. Its daily trading volume was $71,003,180 and had fallen by 6.45% in 24 hours. Given The Sandbox’s performance, investors are now moving towards new projects like Pomerdoge.
Bitstamp Delists Decentraland
Decentraland has also struggled to perform during the recent bear market. Decentralands value is down by 93.68% from its all-time high, and has lost 70% of its player base. Just 10,000 active players remain on Decentraland, and given its price performance more players are expected to drop off.
Decentraland is now trading at $0.3726 and has dropped by 1.42% over the last 7 days. Bitstamp, a leading trading platform, has also delisted Decentraland. The platform claims that it’s too risky to sell Decentraland given recent regulations implemented by the SEC.
Pomerdoge (POMD) Could Reignite The Demand For DeFi Gaming
With DeFi games like Decentraland and The Sandbox struggling, Pomerdoge could be a strong alternative. The project has already gained significant traction during its presale, attracting a Saudi Prince in the process.
Pomerdoge is a refreshing new take on DeFi gaming. It combines the attention of memecoins with lucrative P2E gameplay, allowing gamers to generate an income playing a game while networking with like-minded players.
POMERDOGE PRICE INCREASING!
What can we say #pomercrew! We started presale just over two weeks ago and have already raised almost $750,000!
The price will increase to $0.009 on Thursday the 17th of August at 19:00 UTC
In the coming days (a week or two) we will be showing you… pic.twitter.com/uCvahatIgN
— Pomerdoge (@pomerdoge) August 13, 2023
To play Pomerdoge, gamers can generate their own Pomerdoges. These unique avatars will be used throughout the Pomerdoge world and can compete against other avatars for prizes. During the Pomerdoge presale, 7,777 unique NFTs will also be released exclusively for presale buyers.
As part of the gameplay, gamers will earn a number of rewards for winning competitions. These rewards can be sold using Pomerplace – an in-game market for the Pomerdoge ecosystem.
Pomerdoge is currently in stage one of its presale. Over 66 million POMD tokens have been purchased, and tokens are currently selling at $0.007.
Analysts believe that tokens could increase by 4,000% by the end of the Pomerdoge presale. Given that the project has been successfully audited, this could be a huge opportunity for investors looking to build their portfolios.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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