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The crypto market is currently experiencing steep declines largely due to external pressure from the macroeconomic space. With Polygon (MATIC) and Shiba Inu (SHIB) in the middle of significant developments, can they force a comeback? Meanwhile, Pomerdoge (POMD) has been the standout performer, selling over 120 million tokens in the bearish market.
After months of anticipation, the Shiba Inu (SHIB) community has finally gotten the Shibarium mainnet launch. The layer 2 network saw more than 21 million wallets registered during its beta phase, demonstrating the level of excitement around its launch.
Crypto experts initially predicted that this excitement could cause a major rally. However, the crypto market is currently on a downtrend. As a result, the price of Shiba Inu has dropped by more than 8% over the last 24 hours.
At the time of writing, the price of Shiba Inu is $0.000008975, but cryptocurrency experts estimate that when the market stabilizes, the SHIB price could rise by 20-40%. If this happens the price of Shiba Inu could reach a high of $0.00001200.
The current bearish trend in the crypto market has caused the price of Polygon (MATIC) to drop to as low as $0.6159 today. Although the MATIC/USD has dropped by more than 10% in the last week, crypto experts foresee a rally for the cryptocurrency.
The impending Polygon 2.0 event is one major event that is projected to drive up the price of the MATIC token. The rebranding is supposed to improve the blockchain's scalability and efficiency. As a result, the value of Polygon is expected to increase.
According to crypto analysts, the price of Polygon may jump to $2 or $3 as a result of the rebranding. Because the full breadth of this rebranding is still being built, Polygon's rise to this new high could last until 2024.
Defying the bearish trend in the crypto market, Pomerdoge (POMD) has been attracting a lot of investors. As a result, the project has sold over 120 million POMD tokens, raising more than $980,000 in the process.
Investors are increasingly getting attracted to Pomerdoge because of the bullish potential that it represents. As the first play-to-earn gaming ecosystem featuring avatars inspired by meme coins, Pomerdoge is already leaving its mark in the industry.
The Pomergame – the center of this ecosystem – is built by top gaming developers and offers competitive earnings. The in-game collectibles and rewards can be sold for money in the marketplace. Also, the game hosts weekly competitions and giveaways reaching up to $100,000.
P2E gamers often gravitate to the best-paying game in the space, and crypto experts are predicting the same will happen with Pomerdoge. Now trading at $0.008 per token, crypto experts have predicted a massive rally to $0.35 as more games enter Pomerdoge.
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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