Recently, Litecoin (LTC), a long-standing digital asset, has faced a rapid sell-off, causing worry among its holders. Meanwhile, the rising star Pomerdoge (POMD) has seen a significant influx of investors, doubling its appeal. Today, we will deeply dive into these developments and determine their impact on cryptocurrencies.

Click Here To Find Out More About The Pomerdoge (POMD) Presale

Litecoin (LTC): Continues Its Downtrend

Litecoin (LTC) has enjoyed a significant presence in the crypto realm. However, recent weeks have witnessed its price experiencing a downward trajectory. In fact, the Litecoin price fell by 14.2% in the past 30 days.

The mining rewards dropped from 12.5 LTC to 6.25 LTC following the Litecoin halving on August 2, 2023. Afterward, the Litecoin crypto plummeted and has not recovered since. Currently, Litecoin is trading hands at $83.08 with a market cap of $6.1B, falling 0.87% overnight.

Furthermore, its trading volume dropped by 73.66% that same time, sinking to $259,871,381. In addition, the moving averages for Litecoin are also showing sell signals. Thus, experts remain bearish for its short-term growth. As a result, Litecoin holders are looking for other ways to diversify their portfolios.

Pomerdoge (POMD) and Its Stellar Rise

In sharp contrast, Pomerdoge (POMD) has been making waves in the crypto community. Boasting a unique play-to-earn (P2E) gaming ecosystem, Pomerdoge has attracted a doubling of investors, signaling a surge in interest. And given that P2E is among the most thrilling gaming platforms expected to generate $3618M by 2028, this interest will continue rising.

Distinctive Pomergame Features

The platform allows participants to build elite characters and customize avatars, all while earning rewards through gameplay. Moreover, the Pomerplace, a marketplace within the game, enables the selling, buying, and trading of valuable in-game items and skins.

POMERDOGE PRICE INCREASING!

What can we say #pomercrew! We started presale just over two weeks ago and have already raised almost $750,000!

The price will increase to $0.009 on Thursday the 17th of August at 19:00 UTC

In the coming days (a week or two) we will be showing you… pic.twitter.com/uCvahatIgN

— Pomerdoge (@pomerdoge) August 13, 2023

Additionally, the Pomerdoge arena offers an exhilarating battleground where players can compete against fellow members in intense virtual showdowns. In this winner-takes-all environment, participants must bring their A-game, carefully planning their moves and leveraging Pomerdoge’s attributes to secure victory.

Most importantly, thePomerdoge NFT collection is a testament to the creativity and innovation embedded within the Pomerdoge ecosystem. Consisting of 7,777 meticulously crafted NFTs, each represents a unique digital asset. The exclusivity of this collection is further emphasized by the requirement to possess POMD tokens to secure them.

The POMD Native Token Presale

The POMD token serves as the lifeblood of the Pomerdoge ecosystem, fueling a dynamic and rewarding in-game experience. Beyond its role as a gateway to the NFT collection, POMD holds the power to unlock unique items and treasures within the Pomerdoge marketplace. Also, with POMD currently in Phase One of its presale – its long-term growth potential is immense.

As a matter of fact, thanks to its low market cap of $14M, many experts foresee it surging faster than Litecoin. One POMD token costs just $0.008 – a 14% rise from its starting price. Due to all these reasons, analysts in the field are predicting a 17x surge for POMD before its presale ends. If you wish to participate in weekly giveaways totaling $150,000 – sign up below.

Find out more about the Pomerdoge (POMD) Presale Today

Website: https://pomerdoge.com/

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Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

The post Litecoin Holders Worried After Rapid Sell-Off, LTC Price Continues To Dip As Pomerdoge Inflow of Investors Doubles appeared first on Crypto News Australia.

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Filed under: Bitcoin - @ August 30, 2023 6:13 am