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Outshining Shiba Inu (SHIB) and Dogecoin (DOGE)?

9 September 2023
in DOGE
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In the realm of meme cryptocurrencies, dominated by the likes of Shiba Inu (SHIB) and Dogecoin (DOGE), emerges a feisty newcomer – Pomerdoge (POMD). This new memecoin is in a presale phase and is currently on track to outpace its predecessors in terms of growth. Let’s take a closer look at the future of these three meme coins.

Pomerdoge (POMD)’s Play-to-Earn Ecosystem

The memecoin realm is poised for a seismic shift. While Dogecoin has held the memecoin throne for a decade, Pomerdoge is making waves with its fresh play-to-earn framework and charming Pomeranian emblem.

Distinct from Dogecoin, which has largely thrived on sentiment and community vibes, Pomerdoge brings tangible value. The Pomerdoge platform lets users gain rewards through in-game tasks, interactions, and participation to infuse genuine utility into the token.

Central to Pomerdoge’s offerings is the Pomerdoge game. Set against a global backdrop, it invites players into a competitive, interactive arena that guarantees not just amusement but also coveted rewards. The game utilizes the secure and reliable architecture of the Ethereum blockchain to establish trust and enhance security.

Further diversifying the ecosystem is the Pomerplace. It’s an envisioned marketplace where players can transact in-game assets to elevate their gaming journey or encash their triumphs.

It’s not just about leisure; the Pomerdoge brigade emphasizes operational integrity. With a successful audit clearance from Interfi Network and permanently locked liquidity, the project guarantees reliability and commitment.

The ongoing Pomerdoge presale is already making waves, as enthusiasts race to secure POMD at a competitive $0.0115 before price surges in later phases. Market watchers anticipate a price arc reminiscent of Dogecoin’s 2017 trajectory, targeting a stellar $1.00 benchmark within a year.

Dogecoin (DOGE): The Pioneer Memecoin Challenged by Pomerdoge (POMD)

Dogecoin, born in 2013 as a light-hearted jab at the burgeoning crypto frenzy, has seen astonishing peaks with each bullish phase. The 2021 surge, where it multiplied its value by 100 times, showcases the sheer influence of meme culture in crypto.

A significant catalyst behind Dogecoin’s meteoric rise has been Elon Musk, the ever-controversial CEO of Tesla. His social media comments have often sent shockwaves across the crypto sphere, with Dogecoin frequently benefiting from his playful endorsements.

While it carries the ‘memecoin’ tag, Dogecoin lacks the foundational advantages that newer entrants like Pomerdoge possess. Its valuation tends to fluctuate based on high-profile endorsements and viral online trends. For Dogecoin to revisit its former glory, it would likely necessitate a resurgence of investor interest or a sweeping wave of Fear Of Missing Out (FOMO).

Currently, Dogecoin’s price teeters around the $0.066 mark, making a modest ascent from its June base of $0.050. The immediate resistance to watch is $0.070, with the pivotal $0.100 mark waiting in the wings as the final hurdle to cross.

Shiba Inu (SHIB): Can Utility Match Market Cap?

Shiba Inu has experienced its own set of highs and lows. After scaling to an all-time high of $0.00008845 in 2021, Shiba Inu faced a significant slump to $0.0000044 this past June. Now, Shiba Inu hovers around $0.000008050, marking a weekly decrease of 2% and yet another failure to break the downtrend.

While Shiba Inu is trying to build utility, Shiba Inu already has a billion-dollar market cap, and their efforts aren’t enough to sustain such a high market value. As such, the Shiba Inu token may be unable to prevent an imminent dip below $0.000005 if the bearish pressure persists.

This realization has led some Shiba Inu investors to explore more fundamentally sound assets. Pomerdoge, with its innovative play-to-earn model, is quickly emerging as a leading memecoin contender, even before its official debut.

For Shiba Inu, the $0.000010 price point stands as a significant hurdle. Breaching this level might offer a temporary boost in its price. Yet, for a lasting upward trajectory to materialize, a broader bullish sentiment in the crypto market is indispensable.

Visit the links below for more information about Pomerdoge (POMD):

Website: https://pomerdoge.com/

Telegram Community: https://t.me/pomerdoge

Credit: Source link

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