While Pepe (PEPE) and Shiba Inu (SHIB) have had their moments under the limelight, it’s now Pomerdoge (POMD)’s time to shine. As we ride the Play-to-Earn (P2E) wave, Pomerdoge offers promising potential, especially as it is currently in the presale phase. This phase often opens up opportunities for early investors to reap substantial rewards. Let’s review the details.
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Pomerdoge (POMD)’s Ascent Over Memecoin Legends
The Play-to-Earn (P2E) trend in crypto is one of the most thrilling developments that has caught the attention of both seasoned and amateur investors alike. Pomerdoge is a prime example of this movement and is receiving significant attention for its ambitious plans to revolutionize the memecoin market.
Pepe and Shiba Inu have been making waves in the world of memecoins with their impressive market performances. However, Pomerdoge stands out from the crowd. Though it shares the playful image of a Pomeranian dog, it’s not just another memecoin. The project is focused on combining the charm of meme culture with genuine utility and innovation.
Pomerdoge is creating a complete ecosystem that includes a P2E gaming platform. The platform not only offers users an exciting gaming experience but also a chance to earn actual rewards by participating. By actively engaging with the Pomerdoge universe, players can collect POMD tokens, which play a vital role in the project’s economic design.
Further enriching its ecosystem is the “Pomerplace” – an in-game marketplace that facilitates the buying and selling of assets and integrates an array of Non-Fungible Tokens (NFTs). This ecosystem creates an immersive environment where users can enjoy and derive economic benefits.
The Pomerdoge project is in its presale phase, a pivotal time for potential investors to get on board. POMD tokens are currently available for $0.0165 after starting the presale at $0.070. As the presale progresses through its various stages, the price of POMD will escalate, making early entry an attractive proposition.
Industry experts are highlighting Pomerdoge’s potential as an industry-disrupting project that could substantially impact the memecoin market. With its unique combination of entertainment, reward system, and innovative features, a 30-fold increase for POMD isn’t out of the question.
Speculation vs. Substance: Pepe (PEPE)’s Achilles Heel
Pepe is a new memecoin, but the Pepe the Frog meme has been around for years. It started as an innocent character drawn by Matt Furie, but it eventually became a recognizable symbol of the alt-right movement across the globe.
Recently, Pepe has become one of the most popular memes on Twitter and 4Chan, which created the perfect recipe for Pepe’s success as a memecoin. It is no surprise that Pepe grew by over 10,000% in a matter of weeks during Q1/Q2 2023.
However, from its May zenith of $0.00000430, Pepe has spiraled by a whopping 84.73%, settling at just $0.0000006794 recently. Alarmingly, the past week alone witnessed a 13.65% drop, possibly hinting that the bearish phase for Pepe is only intensifying.
In a space brimming with evolving memecoins, Pepe’s overt reliance on speculation, even admitted by its own creators, leaves it in the dust compared to competitors with more substantive offerings. Pepe’s predicament is stark when juxtaposed with projects like Pomerdoge, which, while retaining the meme appeal, also brings in tangible functionalities.
Shiba Inu (SHIB): Will Pomerdoge (POMD) Steal Market Share?
Shiba Inu mirrored Pepe’s 10,000% rise when it launched during the bull market in 2021. Shiba Inu was clever at marketing itself as an alternative to Dogecoin, and its memes had a tongue-in-cheek attitude that resonated with the crypto community.
However, as the bearish market of 2022 set in, Shiba Inu could not maintain its momentum, and it has since declined by a staggering 91.62%, settling at $0.000007415 recently. Such a large decline in such a short time makes it clear that Shiba Inu’s popularity will wane if the market turns for the worse.
Shiba Inu also faces significant competition from projects like Pomerdoge that are set to offer more utility than its current platform. Market analysts also note that the crypto market tends to reward newer memecoins that cause FOMO to investors.
With POMD tokens selling at a record pace, it is fair to say that the FOMO factor is strong with Pomerdoge. The Shiba Inu team needs to create a new narrative to regain its relevance in the crypto space. Failure to do so could see Shiba Inu retesting the $0.0000050 zone in the following months.
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