Pomerdoge (POMD), a new P2E project has ousted established giants like Ethereum (ETH) and Filecoin (FIL) in terms of market dominance. The new project has sold over 211 million tokens within the past two months and experts have projected a surge of 50x. Currently, the project is gearing up for the second stage of its presale stage.
Ethereum (ETH) Bears Hold Strong
Ethereum (ETH), the leading altcoin, has seen strong bearish pressure in recent times. Following its recent bearish market, the Ethereum coin has suffered a price decline lately as bears breached the crucial $1,650 support zone.
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The Ethereum has been hovering around the $1,639 region, strategically positioned above the $1,650 support level. Looking ahead, potential hurdles await the Ethereum price around the $1,650 level.
If Ethereum bulls can break above this level, the token could aim for the $1,660 resistance. However, if bearish pressure worsens, Ethereum could drop to the $1,630 threshold.
Filecoin (FIL) Price Down As Project Experience Low Growth
Filecoin (FIL) is a decentralized blockchain-based storage system that offers its storage capabilities to technological and crypto ventures worldwide. However, despite its global reach, Filecoin's growth trajectory has been relatively sluggish.
Also, the token's price has failed to increase despite the broader performance trends witnessed across the crypto market. Since its introduction back in 2017, Filecoin's value has declined by over 70%. These particular circumstances have caused investors to leave the project in search of better opportunities.
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Presently, the price of Filecoin rests at $3.21. According to Coincodex, the Filecoin price sentiment is bearish while the Fear & Greed Index is showing 40 (Fear).
Pomerdoge (POMD) Sells Out 75% Of Tokens In Stage One
In contrast to Ethereum and Filecoin, Pomerdoge (POMD) has experienced a significant surge in the last two months. During this time, the token's value has soared from $0.007 to $0.0115. Interestingly, Pomerdoge has sold out over 75% of the tokens meant for stage one of the presale. The project has sold over 211,969,570 tokens and raised around $2.4 million.
Pomerdoge's unique approach is to expand in the blockchain gaming sector which is a multi-billion-dollar industry. The project aims to fuse the benefits of meme coins and the explosively growing Play-to-Earn (P2E) domain within its ecosystem. The project has an ambition to develop an immersive and attractive ecosystem.
It plans to launch Pomergame, an engaging game, and Pomerplace, a NFT marketplace and battle arena. Additionally, the project also plans to release a rare collection of 7,777 NFTs in September. Currently, Pomerdoge's native token, POMD, is in the first stage of its presale and is available at $0.0115 per token.
Unlike other tokens, the Pomerdoge token has great utility and benefits for users. The token enables gamers to earn passive income when they stake their POMD tokens. Pomerdoge's stage one presale is almost over. Consequently, Pomerdoge will be releasing Pomermerch which is Pomerdoge's merchandise during Stage Two of the presale.
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Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
