The launch of Pepe (PEPE) reignited the meme coin space, with the crypto rallying 560% in the first three days. Since then, the meme coin has plunged, with investors wondering if it would trade as high as $0.000004. In the meantime, things are heating up in the blockchain play-to-earn (P2E) space as Axie Infinity (AXS) and Pomerdoge (POMD) emerge as the favourite tokens of gamers.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Pepe (PEPE) Plunges 30%, Will it Ever Touch $0.000004?
As a meme coin based on the popular Pepe the Frog internet meme, Pepe (PEPE) enjoyed great success at launch. In the first three weeks of its launch, the price of Pepe increased by more than 4,000% to reach an all-time high of $0.00000431.
However, since reaching its peak in May 2023, the price of Pepe has been on a descending pattern. In the last month, the price of the meme coin has declined by more than 30%. Pepe now trades at $0.000001154, losing more than 73% of its ATH.
Although the meme coin has shown its explosive potential, crypto analysts are unsure whether Pepe would ever reclaim its ATH. One thing that has fuelled this prediction is the lack of utility around Pepe. Experts have predicted that more work needs to be done by the development team before the price of Pepe can rise again.
Axie Infinity (AXS) Enjoys a Resurgence of Gamers
As one of the largest play-to-earn (P2E) games in the metaverse, Axie Infinity (AXS) has enjoyed a large share of success. However, 2022 wasn’t the best year for Axie Infinity as its Ronin Bridge suffered one of crypto’s biggest hacks.
Despite the setbacks, Axie Infinity kept pushing, relaunching with an even better game than before. Since then, there has been a resurgence of gamers in the Axie Infinity gaming world.
The increasing interest in Axie Infinity from gamers has fuelled positive predictions for AXS. Now trading at $5.83, experts have forecasted that Axie Infinity would reach highs of $7.5 before the end of the year.
Massive Rewards Spark Gamers’ Interest in Pomerdoge (POMD)
There has been an influx of new gamers into Pomerdoge (POMD) as it offers more rewards than contemporary P2E games. Pomerdoge is building the Pomergame – an exciting game where players can create unique avatars, enter competitions, and win amazing prizes.
In addition to the prizes players can collect within the game, the Pomerdoge team hosts weekly competitions and giveaways. Every week, Pomerdoge players have a chance to compete to win the $100,000 giveaway prizes. Also, one lucky player will win up to $50,000 in POMD.
All players need to do to participate is hold the utility token of the ecosystem, POMD, or actively engage on the Pomerdoge Telegram and Twitter pages. With remarkable earning opportunities, the Pomerdoge ecosystem is growing at a frantic pace.
Crypto experts have predicted that the growth of the Pomerdoge ecosystem will positively impact the price of its utility token. At the time of this writing, POMD is in its first presale stage and trades at $0.007 apiece. However, crypto experts have forecasted a 50x price jump for the token to trade as high as $0.35 at its launch.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
Sponsored
WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost
AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido
Thank you for taking the time to read this article. Do remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories and remember, you can also follow us on Facebook and Instagram.
Credit: Source link