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Cardano (ADA) recently launched the Mithril protocol and celebrated zero downturn since its launch in 2017. However, its price has been stagnant in the past month trading at the $0.3 region. Currently, investors and analysts are wondering if the altcoin can reclaim the $1 price region. In the meantime, another token, Pomerdoge (POMD) is displaying bullish price signals in August. Is a price surge on the way?
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Summary
Cardano (ADA) Price Prediction, Can ADA Hit $1?
Cardan (ADA) is a decentralized and open-source project that aims to operate a public blockchain platform for smart contracts. The token began 2023 on a positive note as the price increased from $0.25 to $0.45. Nevertheless, Cardano encountered a downturn, mirroring the broader crypto market trends, and dropped to $0.28.Â
However, the bulls were able to force a price recovery and Cardano crossed above $0.30. According to CoinMarketCap, the price of Cardano is $0.304738 by press time. The token’s price has dropped by 2.59% in the last 24 hours. Meanwhile, the question now is if Cardano can hit $1?
While the release of the Mithril protocol occurred recently, Cardano failed to rise on the news. The token only recorded a 3% gain following the launch. Notwithstanding, analysts believe Cardano can reach $1 if a Bitcoin bull run occurs.
Historical data has shown that Cardano often reacts positively to bullish sentiments in the market. Meanwhile, TradingBeasts forecasts that Cardano’s maximum price in 2023 will be $0.6008984.
Pomerdoge (POMD): Analysts Forecast 17x Price PumpÂ
Although Cardano has little chance of reaching $1 this year, projects like Pomerdoge have promised investors more price growth in 2023. According to MarketsandMarkets, the blockchain gaming sector will skyrocket from a valuation of $4.6B in 2022 to $65.7B by 2027.
Therefore, capitalizing on just 1% of this thriving industry could yield millions for investors. As a result, the Pomerdoge team is working to launch a unique P2E crypto game that Will soar on this immense growth. The platform will unite players from around the globe to compete and earn rewards.
Investors can also trade, buy, and sell in-game items and assets on Pomerplace, Pomerdoge’s marketplace. Notably, Pomerdoge stands out as one of the most secure prospects in the market. Top auditors like SOLIDPorof and Cyberscope have audited the project, certifying it safe for players.
Pomerdoge is at the first stage of its presale and is available at just $0.007 per token. Those who buy the POMD token will enjoy several benefits and discounts. One of them is exclusive access to Pomerdoge’s upcoming 7,777 NFT collection. Furthermore, purchasers of the POMD native token will receive a portion of the revenue generated on the Pomergame platform.Â
The presale of Pomerdoge has garnered a dedicated community of buyers eager to partake in this promising venture. Pomerdoge’s low market price and market capitalization make it well-positioned to surge faster than Dogecoin and Pepe. Consequently, market analysts have forecasted a 17x value jump in August.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
*This article was paid for Cryptonomist did not write the article or test the platform.
