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Pomerdoge (POMD) Pre-Sale Might be Garnering Traction in August, 2023 while Solana (SOL) and Optimism (OP) Getting Through Accumulation

Sat, 08/05/2023 - 17:00
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Pomerdoge (POMD) multi-level pre-sale campaign gains new supporters in August
Pomerdoge (POMD) Pre-Sale Might be Garnering Traction in August, 2023 while Solana (SOL) and Optimism (OP) Getting Through Accumulation
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The altcoin market in August is buzzing with potential investment opportunities.

Novel altcoin Pomerdoge (POMD) is creating waves of its own during a presale phase of discounted tokens. 

Supporters of Pomerdoge (POMD) can take part in pre-sale and buy tokens here.

Pomerdoge (POMD) launches token for NFTs, P2E Gaming, and Memes 

In a world where meme coins often come and go with fleeting hype, Pomerdoge emerges with an identity and ambition that separate it from the pack. The buzz around this meme coin, inspired by a Pomeranian dog meme, is growing each day during its presale phase.

It's not only about memes; it's about creating an engaging platform where users can explore games, interact with NFTs, and partake in rewarding mechanisms. The appeal of playing games while earning tangible rewards offers an entertainment value that could sustain interest and growth in the long term.

At the core of this intricate ecosystem lies POMD, Pomerdoge's utility token. The utility extends beyond mere transactions; it's a key that unlocks various features within the platform. From acquiring NFTs to purchasing in-game assets in the Pomerdoge marketplace, POMD serves as the lifeblood that sustains the community's pulse.

Although the Pomerdoge game is yet to launch officially, the gates have already opened for those who wish to be part of this innovative venture. The ongoing presale event, now in Phase 1, offers POMD at an attractive price of $0.007.

Optimism (OP) becomes top Layer 2 protocol

By employing optimistic rollups, Optimism emerges as the top layer-2 protocol, providing users with higher scalability and lower transaction costs on Ethereum.

The recent handshake with Coinbase for the Layer-2 product, Coinbase Base, has further cemented Optimism's reputation as a trailblazer in Ethereum scaling techniques. This strategic alignment ignited a fiery 39% ascent to $2.38 within a 24-hour window.

Yet, holding onto these gains has proven to be a complex challenge for Optimism. After a rebound from a mid-June slump to $0.90, the OP token is back above $1.00 and trades at $1.69 with a 24-hour trading volume of $2.5 billion.

Solana (SOL) might re-introduce itself in DeFi

Emerging from a turbulent phase marred by unfavorable news and incidents, Solana is steadily making a comeback in Q3 2023. With Ethereum struggling to meet the demands of DeFi 2.0, Solana is swiftly positioning itself as a preferred alternative for developers aiming to craft cutting-edge DeFi 2.0 applications, like Hxro Network and Crema.

A technical analysis of Solana's price movement paints a promising picture. A recent break out of a Symmetrical Triangle pattern has set off a rapid price climb from $18.70 to $32 in just over a week.

While Solana has since pulled back to a $25 support level, many analysts view this as a golden entry point for investors. They're eyeing the $40 and $80 price targets, with the latter potentially being reached in 2024.

However, Solana's upward trajectory may remain constrained until Bitcoin settles on a clear direction, a factor that could shape the broader market trend. Pomerdoge isn't affected by these market fluctuations as strongly, making it an attractive option for investors seeking more reliable returns.

Find out more about the Pomerdoge (POMD) Presale Today


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