Two popular meme coins, Shiba Inu (SHIB) and Dogecoin (DOGE) have recorded huge price dips, leaving investors on edge. However, amidst this uncertainty, a new memecoin called Pomerdoge has emerged, generating excitement and gaining traction as the potential frontrunner for the best investment of 2023.
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Pomerdoge (POMD) Identified as Top Investment for 2023 by Analysts
As the popularity of meme coins continues to grow, new projects are emerging with innovative uses and access to previously untapped industries. One such project is Pomerdoge, which is set to become a P2E game connecting players from all corners of the world. The Pomerdoge ecosystem is comprised of three key components: NFT collections, Pomergame (an immersive game center with rewards and compensation), and Pomerplace (a marketplace for buying, selling, and trading valuable in-game items).
Pomerdoge's unwavering commitment to security and user protection is a notable highlight of the project. Currently, Pomerdoge is in the initial phase of its token presale and is available at only $0.0000264 per token. Early investors stand to benefit from the projected 40x price surge and earn profits based on their holdings.
SHIB and DOGE dip, POMD tipped as top meme coin for 2023. Shiba Inu (SHIB) Price Dips Despite New Development
Shiba Inu's (SHIB) ecosystem lead developer, Shytoshi Kusama, has recently announced the launch of Shibarium in August. Despite this news, SHIB is currently trading within a narrow range of $0.0000072 to $0.0000078, with no significant price movements in the past week. In order to see an upward trend, SHIB needs to break through a supply barrier near the $0.000008 level, where 91,460 addresses hold a substantial amount of SHIB.
Currently, SHIB has dropped by 5.24% in the last 24 hours and is trading at $0.0000072. IntoTheBlock's Global In/Out of the Money highlights a significant supply barrier in the $0.000008 to $0.000014 range. Many SHIB investors have bought SHIB at an average price of $0.000010, with 400,380 addresses holding 286.42 trillion SHIB. If SHIB can successfully break through this barrier, it could potentially reach the $0.000014 to $0.000019 range.
SHIB and DOGE dip, POMD tipped as top meme coin for 2023.
Is Dogecoin (DOGE) Losing Relevance?
Dogecoin (DOGE) gained significant attention in 2021, becoming a notable meme cryptocurrency and reaching a peak of $0.7376 in May. Its popularity was further fueled by endorsements from prominent figures, including Elon Musk, whose acquisition of Twitter in 2022 resulted in multiple price surges for the memecoin.
Thanks to the support of the Dogecoin (DOGE) community, the cryptocurrency has climbed the ranks and is now the eighth largest cryptocurrency by market capitalization. However, its fortunes took a turn after reaching an all-time high, with the bankruptcy of several cryptocurrency firms in 2022 having an impact on its price.
As of now, Dogecoin (DOGE) is trading at $0.065436, with a modest increase of 0.25% in the last 24 hours.
Conclusion
Investors' interest in meme coins has been reignited with the emergence of Pomerdoge amid the price declines for Shiba Inu (SHIB) and Dogecoin (DOGE). The potential of Pomerdoge surpassing these top contenders in the market has attracted investors' attention. POMD's utility and connection to the gaming sector, which has millions of users, can potentially drive up its price in the ongoing run, making it an appealing investment opportunity.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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