Get the scoop on three reasons analysts are bullish on cryptocurrencies such as Solana, Litecoin, and Pomerdoge.
Solana (SOL), Litecoin (LTC), and Pomerdoge (POMD) - these digital assets have captured the attention of analysts and investors alike. In this article, we'll delve into all three of them and explore why analysts express bullish sentiments about their potential.
Solana (SOL): Unveiling the Future of DeFi
Solana (SOL) has gained attention due to its impressive scalability and lightning-fast transaction speeds. As the decentralized finance (DeFi) sector flourishes, Solana's ability to handle high transaction volumes with minimal fees has positioned it as a top contender.
In recent Solana news, data from Messari showed that it experienced a TVL gain of 14% over the previous month, while other top chains had a loss. As a result, Solana surpasses Ethereum and Binance Smart Chain in TVL while sustaining a six-month streak of uninterrupted uptime of 100%.
Consequently, the Solana price increased by 6.9% in the past week alone. Solana trades hands at $24.27 with a market cap of $9.8B. Moreover, the moving averages for it are showing strong buy signals. Thus, experts forecast a $29.22 price point for Solana by December 2023.
Litecoin (LTC): An Increase in Inflows
Litecoin (LTC) has been a staple in the cryptocurrency market. While some argue it has taken a backseat to newer projects, analysts see Litecoin's resilience as a valuable asset.
According to CoinShares, investors recently chose funds focused on XRP, Litecoin, and Solana instead of Bitcoin. Thus, Litecoin saw $0.46M in inflows. Also, interest in it jumped as the third Litecoin halving event was recently performed.
Currently, the Litecoin price sits at $83.90 with a market cap of $6.1B. Experts claim that Litecoin's established reputation could increase interest and adoption, increasing its value. Therefore, they predict a rise to $105.02 for Litecoin by the end of 2023.
Pomerdoge (POMD): Combining Blockchain Technology and Gaming
Since Q1 2022, the blockchain gaming market has increased by 2000%, and Pomerdoge (POMD) aims to capitalize on it. This groundbreaking Play-to-Earn (P2E) game promises thrilling gameplay and unique opportunities for significant gains.
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">We will shortly be showing you what the pomerplace looks like! <br><br>This is a marketplace and arena where you can battle one and other in a winner takes all situation for your pomerdoge! <br><br>Collect and purchase skins, items and give your pomerdoge better attributes to be the king of… <a href="https://t.co/WBKGwzo4vV">pic.twitter.com/WBKGwzo4vV</a></p>— Pomerdoge (@pomerdoge) <a href="https://twitter.com/pomerdoge/status/1689929061944999936?ref_src=twsrc%5Etfw">August 11, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
The Pomergame Phenomenon
Pomerdoge has captured the attention of both gaming enthusiasts and crypto investors with its upcoming crypto P2E game - Pomergame. At its core, Pomergame offers players an immersive gaming experience where they can build and level up their characters, engage in battles, and more.
One of the standout features of Pomerdoge is the Pomerplace marketplace. Players can buy, sell, and trade in-game items and skins using POMD native tokens. Players can showcase their creativity by designing custom items and avatars, enhancing the gaming experience.
Moreover, security is another point of focus for the Pomerdoge team. In fact, it has already stated that it will lock liquidity forever while freezing team tokens for two years. Additionally, Pomerdoge has already obtained two audits by Cyberscope and SolidProof - both finding it 100% safe.
NFTs and Beyond
Countless individuals are drawn to the Pomerdoge project thanks to its unique 7,777 NFT collection scheduled for launch in August / September. Each of these NFTs will be worth 0.2 ETH and provide holders with exclusive perks. But, gaining access to this collection is only done by owning the POMD token.
One POMD token is now worth only $0.008 since it is in Phase One of its presale. However, this price is expected to soar by 17x before its presale ends. If you wish to obtain these NFTs and participate in weekly giveaways totaling $150,000 - purchase the POMD token now.
Find out more about the Pomerdoge (POMD) Presale Today
Telegram Community: https://t.me/pomerdoge