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Investors Choose Pomerdoge Over BNB and KuCoin

1 September 2023
in BNB
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Given the bearish nature of the crypto market, investors are currently leaving top tokens for recovery. While the likes of Binance Coin (BNB) and KuCoin (KCS) drop, investors are going for new underdogs like Pomerdoge (POMD) which has shown a bullish price trajectory.

BNB (BNB) Suffers Selling Pressure As Lawsuits Pile

BNB (BNB) is gradually losing its spotlight and status as a favored choice among investors. The selling pressure surrounding BNB has surged in recent periods due to the lingering effects of the SEC’s lawsuit. Nonetheless, on Thursday, bullish momentum propelled BNB to reach a pinnacle of $216.39.

The native coin of Binance, a prominent cryptocurrency exchange, has now marked its third consecutive day of gains, countering the prevailing bearish sentiment. The price of BNB coin has plunged 1.67% in the last 24 hours to $215.67 as bears regain control.

Coincodex has forecasted BNB to trade at $241.92 before the end of August. Despite the lawsuits facing Binance, it continues to expand into new regions. The firm recently launched Binance Pay in Brazil a few days ago.

KuCoin (KCS) Price Down Despite Increase in Trading Volume

Similarly, the bearish crypto market has not spared the KuCoin exchange token, KCS, in the past few months. KuCoin started the month of August trading at $5.83. Unfortunately, its price has dipped in the past few days as bearish pressure pushed it below the $5 mark.

According to data from CoinMarketCap, the KuCoin price stands at showing huge losses in the weekly timeframe recording losses of 6.72%. Currently, the RSI value of the KCS coin is at 17.96, which indicates that the KuCoin market is in an oversold position.

The RSI indicator suggests that the price of KCS will decrease. Surprisingly, the trading volume of KuCoin has increased in the last 24 hours by 66.30%. Yet, this has not affected the price of the KuCoin token positively.

Why Pomerdoge (POMD) Offers a Better Investment Choice

Pomerdoge (POMD) is an upcoming project that will transform the crypto and P2E gaming ecosystem. It has already captured the attention of investors seeking diversification opportunities.

Pomerdoge is on a mission to outshine its memecoin counterparts, including Pepecoin, Dogecoin, and Shiba Inu. Interestingly, statistics reveal that 22% of gamers dedicate a significant 61-80% of their time to online multiplayer games.

This means that Pomerdoge’s exposure to the gaming space will give it an upper hand over other meme coins. Users will be able to connect with fellow players on a global scale, blending social interaction and competitive gaming.

Additionally, players can use the in-game currency, POMD, to purchase NFTs and unlock rewards. Furthermore, gamers can fashion personalized in-game items by elevating their characters to elite status.

Pomerdoge is currently at the first phase of its presale and is available at $0.009 per token. This presents an opportune moment for investors who aspire to capitalize on remarkable returns. Notably, early participants in the presale stand to benefit from advantageous perks, including a stake in the game’s revenues.

Find out more about the Pomerdoge (POMD) Presale Today:

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein. The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

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