Ripple (XRP) and Chainlink (LINK) seem to show signs of establishing a bullish trend. However, the recent market crash may affect their price movements. Nevertheless, Pomerdoge is turning out to be a safe investment choice.
Summary
- Ripple’s (XRP) trading volume is up by over 67.17% at press time.
- Chainlink (LINK) is trading at $6.99 at press time, down by 4.81%.
- Pomerdoge is bullish in presale, and registers a price rise.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Can Ripple (XRP) Overcome Sluggish Movement to Rally
Ripple (XRP) is in a strange predicament. Despite the encouraging external factors, Ripple’s (XRP) price movement is stuck sideways. Even technical indicators seem to be positive for Ripple (XRP). However, the price graph continues to remain red.
Firstly, Ripple (XRP) reclaimed the 20-day and 50-day SMA against Bitcoin (BTC) after many years (it last happened in 2017). According to the historical pattern, such development could result in another longest rally for the token.
Secondly, the crypto market is readying for a bullish run. Thus, Ripple (XRP) should also see some upward movement soon. However, the SEC appealed the court’s verdict where Ripple (XRP) wasn’t considered a security in all circumstances. If the appeal fails, Ripple (XRP) is more likely to surge ahead.
Right now, there’s too much uncertainty for Ripple (XRP). The price is down by 4.07% to hover at $0.6024. Ripple (XRP) lost 16.11% in a month and is much away from the $1 target.
Chainlink (LINK) is on an Upward Movement, but Can it Sustain?
Chainlink (LINK) has a good monthly graph with highs and dips. The token managed to gain 2.38% in the last 30 days despite the slow market trends. In fact, experts feel Chainlink (LINK) is on a bullish path. This could be due to various reasons.
Firstly, Chainlink (LINK) announced, on X (formerly Twitter), that it has integrated with Coinbase’s Base, and seven different blockchain networks. Since most networks are new projects, there’s a high possibility of scalability in the future.
Secondly, Chainlink (LINK) recorded institutional investors, leading to an increase in the on-chain volume. With its DeFi Oracle network, Chainlink (LINK) aims to gain from growing interest in the decentralized finance markets. However, with the latest market crash, it’s unclear if Chainlink (LINK) has enough support to sustain its price growth.
Analysts Say Pomerdoge (POMD) Will Grow by 4,000%
Pomerdoge is the latest P2E crypto gaming platform that will facilitate competition and earning through a single network. It will have an ecosystem with Pomergame, Pomerplace, and NFTs for additional gains. Furthermore, Pomerdoge will be releasing a collection of 7,777 unique NFTs in August and September.
Price Increasing!!
What can we say #pomercrew! We started presale just over three weeks ago and have raised $1,300,000
THE PRICE WILL INCREASE TO $0.01 ON FRIDAY THE 25TH OF AUGUST AT 19:00 UTC
We have shared the designs of the Pomerplace, consisting of a marketplace and an… pic.twitter.com/zRfmhVDAGZ
— Pomerdoge (@pomerdoge) August 21, 2023
Presale investors can buy the NFTs for just 0.2 ETH each. POMD is the native token, and in-game currency for the platform. Investors are already buying the tokens in bulk to earn high rewards in the future. Moreover, there’s no buy or sell tax on POMD. The token is currently priced at only $0.008, but will grow by 40x in the coming days.
With Pomerdoge promising great rewards and earning opportunities, POMD has taken a bullish trend. Additionally, Pomerdoge will offer a percentage of the platform’s revenue as earnings for token holders. In fact, users with gold status can increase their earnings by trading in the in-game marketplace.
Pomerdoge is ready to be launched in Q4 of 2023.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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