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During the first three quarters of 2023, crypto biggies like Shiba Inu (SHIB) and Bitcoin (BTC) have struggled to tread in the green. However, analysts believe that the fourth quarter can see a market bull run, due to the presale launch of Pomerdoge. This new project has shown high growth potential, and has raised more than $1.38 million to date.
Summary
Summary
- Shiba Inu’s (SHIB) profitability has slumped in recent weeks.
- Bitcoin miners may start selling their tokens if BTC’s price doesn’t revive.
- Pomerdoge’s price has surged from $0.007 to $0.009.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Shiba Inu (SHIB) Price Crashes Severely
For the past few weeks, Shiba Inu (SHIB) had been flying high due to the mania around its Layer 2 solution, Shibarium. However, after Shibarium’s mainnet launch, the mania has faded, and Shiba Inu (SHIB) has witnessed a significant crash in its value.
In the last seven days, Shiba Inu’s (SHIB) price has suffered a drop of 19%. Thus, the price of a Shiba Inu (SHIB) token has plummeted to $0.00000814. According to the data from IntoTheBlock, only 12% of Shiba Inu (SHIB) holders are in gains at the current price.
Moreover, this number was 16% in the last week. Besides, 78% of Shiba Inu (SHIB) holders are out of money.
Bitcoin (BTC) Miners Face A Drop In Revenue
As the price of Bitcoin (BTC) has been falling for the past many weeks, its miners have started bearing the brunt of it. The latest data from Glassnode reveals that the revenue of Bitcoin (BTC) miners has plunged to a new 1 month-low of just $169,708.61.
Moreover, according to experts, the falling revenue can prompt miners to sell their Bitcoin (BTC) tokens. This, in turn, can cause a further decline in the price of Bitcoin (BTC). Meanwhile, the market price of Bitcoin (BTC) has dropped by 13% in the past 30 days.
At press time, Bitcoin (BTC) is changing hands at $26,036.39.
Pomerdoge (POMD) Tops List Of Profitable Cryptos
Pomerdoge is a new P2E (play-to-earn) meme coin that has disrupted the space of the blockchain gaming industry. It offers multiple benefits, and enormous growth potential. A market report has suggested that the blockchain gaming industry can rise to $65.7 billion by 2027. Therefore, experts have a bullish take on the project.
Pomerdoge has proposed a new play-to-earn (P2E) ecosystem that consists of Pomergame, Pomerplace, and a collection of exclusive 7,777 NFTs. Pomergame will let players build their in-game characters and level them up to elite status through customized items. Gold-status Pomer holders can sell their in-game items at Pomerplace.
The platform has ensured security, and stability on the platform. Its token smart contracts have undergone audits by Solid Proof and Cyber Scope. Additionally, the platform will lock the liquidity pool for life.
The presale round of POMD has kicked off. Notably, there will be four stages of the platform’s presale, and stage 1 is in progress. The platform will release a maximum of 1 billion POMD tokens during its presale.
However, the token’s value is anticipated to soar by 1,700% during the presale round. Besides, as per market forecasts, Pomerdoge’s value can surge by 4,000% by the end of 2023. After the completion of the presale round, the tokens will become available on Uniswap, and other leading exchanges. The current buying price of a token has increased to $0.009 from $0.007.
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.
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