In the dynamic world of cryptocurrency, investors are shifting their focus from Shiba Inu (SHIB) to a fledgling crypto asset — Pomerdoge (POMD). This mass migration to the new ‘doge’ on the block is creating a stir in the market. Noteworthy is the fact that Pomerdoge is still in its presale phase, and yet, it’s showing immense potential to become the next big thing in the realm of dog-themed cryptocurrencies.

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

Pomerdoge (POMD): The Rising Star in the Memecoin Galaxy

While Shiba Inu had its day under the sun, a new contender has emerged, and it’s capturing investors’ hearts and wallets. Enter Pomerdoge, the meme coin rooted in the image of an adorable Pomeranian dog but boasting an infrastructure that transcends the standard memecoin archetype.

One of the primary reasons for the investor’s pivot to Pomerdoge is its multifaceted ecosystem. Unlike most memecoins, Pomerdoge is not content with being just a meme. It offers a play-to-earn (P2E) gaming platform, a dedicated marketplace for in-game assets called Pomerplace, and an array of NFTs, weaving together fun and functionality.

This integration of engaging gameplay with potential earnings, combined with an active marketplace, sets Pomerdoge ahead of the pack. It’s no wonder that investors are taking note and looking to capitalize on the coin’s meteoric rise before it takes off.

Early investors in Pomerdoge have had the opportunity to buy in at enticingly low presale prices, starting at just $0.0115. With the POMD token price poised to rise in subsequent presale phases, the early bird advantage is evident.

Lastly, the crypto world thrives on narratives. While Shiba Inu enjoyed its narrative of being the “Dogecoin killer,” Pomerdoge is riding the wave of being the “P2E memecoin” in the memecoin space, a fresh narrative that’s drawing both newbies and seasoned investors alike.

Analysts are taking note of the millions of tokens sold so far and the impressive fan base that’s growing before its launch. They believe this momentum could result in the POMD token rising by 30-fold by the time it hits the exchange.

Shiba Inu (SHIB): Key Resistance Levels and Potential Growth Catalysts

Shiba Inu’s voyage in the crypto realm has been a whirlwind of highs and lows. From its dazzling peak of $0.00008845 in 2021, it faced a dramatic descent, hitting a low of $0.0000044 by June this year.

Currently, Shiba Inu sits at a value of $0.00000839 after briefly surging past the $0.00001000 level after the Shibarium launch. However, once again, the Shiba Inu token has been rejected from this key psychological level and is looking for a potential new narrative to rally the token back up.

As Shiba Inu’s future remains uncertain, many of its holders are veering towards investments that offer a clearer and more optimistic long-term view. Pomerdoge, with its pioneering play-to-earn approach, is capturing significant attention.

The immediate hurdle for Shiba Inu lies at the $0.000010 resistance mark. Clearing this should pave the way for a positive price jump to $0.000020, which is the final major resistance on the way to reclaiming its all-time highs.

Dogecoin (DOGE): From the Legacy Memecoin to the Pomerdoge (POMD) Presale

Dogecoin has been the old guard of memecoins since its creation in 2013. It recently shot into mainstream attention, surging to a peak of $0.7318 after Elon Musk repeatedly tweeted about the token on his Twitter handle.

However, due to its limited practical use cases, Dogecoin’s price has plummeted to a mere $0.06686, showcasing a sharp 91% drop from its peak the previous year. While Dogecoin’s returns during bullish phases are enviable, it seems challenging for it to match the rising momentum of Pomerdoge over time.

It’s also noteworthy that Elon Musk cannot be the sole driver of Dogecoin’s price action if it is to reach its long-term goals. The Dogecoin team and community need to devise some use cases and increase its adoption to rise above the $0.080 to $0.11 resistance zone.

Until it can do so, Dogecoin OGs are swapping over to the Pomerdoge presale. They are reminded of the glory days of Dogecoin and believe that Pomerdoge may provide a similar narrative, with play-to-earn as its core concept.

Visit the links below for more information about Pomerdoge (POMD):

Website: https://pomerdoge.com/

Telegram Community:

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.

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The post New Crypto Darling: The Mass Exodus from Shiba Inu (SHIB) to Pomerdoge (POMD) Explained appeared first on Crypto News Australia.

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Filed under: Bitcoin - @ September 9, 2023 11:26 am