In current market conditions, Ripple (XRP), Axie Infinity (AXS), and Pomerdoge have been in the news. However, POMD has emerged as a better, and more profitable investment option than Ripple (XRP) and Axie Infinity (AXS). Let’s learn why.
- Ripple’s (XRP) price has declined by 24% in the past 30 days.
- Axie Infinity has decided to unlock 14.8 million AXS tokens in October.
- Pomerdoge’s presale value has increased by 120% in the initial weeks.
Global Adoption Of Ripple (XRP) Surges But Price Tumbles
Since the federal court has given a verdict in favor of XRP, against the US SEC, the adoption of Ripple has increased significantly. Recently, a global money transfer giant, Western Union, has integrated with the Ripple (XRP) blockchain.
Earlier, the Bank of England had partnered with Ripple (XRP) to facilitate payments between two currencies, and RTGS systems. Besides its collaborations, Ripple (XRP) has also been in the news due to other achievements.
Recently, People’s Magazine named Ripple (XRP) in its list of “100 Companies Who Care For Employees And Society.” However, Ripple’s (XRP) price has not been encouraging for investors. In the last month, the value of Ripple (XRP) has plunged by 24%. As a result, the current trading price of Ripple (XRP) has tumbled to $0.54.
Axie Infinity (AXS) Announces Token Unlock
After being dormant for a few weeks, Axie Infinity (AXS) is ready to make a big stride in the coming weeks. As per the official announcement, Axie Infinity (AXS) has planned to release more than 11% of its current market cap in tokens.
Notably, Axie Infinity will release 14.8 million AXS tokens in October. The value of the Axie Infinity (AXS) tokens proposed to be unlocked is about $71 million. However, the announcement regarding the token unlock has not made any positive impact on the price of Axie Infinity (AXS).
In the past 30 days, the price of Axie Infinity (AXS) has plummeted by more than 19%. At press time, an Axie Infinity (AXS) token is available at $4.98.
Pomerdoge (POMD) Goes For Huge Market Valuation
According to a report, the valuation of the global Play-to-earn games market can reach $8,857 million in the next five years, growing at a CAGR of 17.93%. Pomerdoge is a new P2E crypto project. The demand for this Web3 project is massive, and has helped it rake in over $4.8 million in the initial days of its presale launch.
Pomerdoge will launch its P2E Web3 game, Pomergame, in Q4 of this year. The game will allow players to earn money, and rewards while playing. Besides, players will be able to create and upgrade their avatars with customized in-game items.
Moreover, with possession of a gold-status Pomer, players will become eligible to start trading in-game assets with other members of the ecosystem. Users can execute the trade of in-game assets at the Pomerplace, which will be both a marketplace and a battle arena.
POMD tokens will fuel its ecosystem. Currently, the presale round of the platform is in stage 1. The buying price of a token has surged to $0.0165 from $0.007, witnessing a rise of about 120%. However, as per market projections, the value of these tokens can soar 17x before the end of the presale phase. After the completion of the presale, POMD tokens will go live on Uniswap, and a few other leading exchanges.
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