In the ongoing presale, Pomerdoge (POMD) is performing better than Solana (SOL) and Mantle (MNT), indicating its potential.
Pomerdoge is giving purpose to meme coins
Pomerdoge’s presale employs a tiered pricing strategy, which has seen the token rise from $0.07 to $0.014.
The project blends whimsy and practicality.
While celebrity endorsements may support Dogecoin (DOGE), Pomerdoge offers a diverse ecosystem with play-to-earn (P2E) gaming and an active marketplace.
POMD, its native token, also provides real value and engagement for its users. This way, holders can monetize gameplay, trade virtual assets, and have a say in Pomerdoge’s development.
While Dogecoin was the first, Pomerdoge offers utility and rewards users for their attention.
POMD is available for $0.014 in the presale, but experts predict more growth in the months ahead.
Solana prices recently soared from $8 to $32, buoyed by its recovery from the FTX incident, shifting sentiment from Ripple’s legal victory against the Securities and Exchange Commission (SEC) and its role as one of the platforms to consider for deploying decentralized finance (defi) protocols.
Despite the initial surge, SOL found resistance at $32 before tracing by over 40% as prices fell to $19 in two months. Primary support is at $16.
While prices fell, Solana’s total value locked (TVL) is up 50% this year, pointing to developer confidence. Still, there could be more upsides for SOL and the broader ecosystem if prices pierce $32 in the coming trading sessions.
Until then, Solana may be overshadowed by Pomerdoge, whose POMD is in progress.
Mantle falls on market skepticism
The Mantle community has been on a rollercoaster ride of emotions for weeks. The project’s market cap surged to $1.80 billion, lifting MNT as one of the top performers.
However, MNT prices have since dropped by 33% to $0.40 on profit-taking. This decline has prompted some market observers to question the sustainability of Mantle’s growth trajectory.
Mantle distinguishes itself from competitors like Arbitrum and Optimism through its unique adaptability. Currently, Mantle’s total value locked (TVL) stands at $36 million, which is low for a project with a billion-dollar market capitalization.
The recent dip below the crucial support level of $0.50 has raised concerns about Mantle’s near-term prospects. Experts have pointed out that there are no clear areas of support looking at price charts, causing uncertainty about where MNT prices may bottom out.
Find out more about the Pomerdoge (POMD) presale:
Telegram community: https://t.me/pomerdoge
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