Cryptocurrency prices are jumping around, and recent events have made it more volatile. In this article, let’s talk about three cryptocurrencies: Dogecoin (DOGE), Binance (BNB), and the exciting rise of Pomerdoge.
Summary
- Dogecoin (DOGE) was popular because of Elon Musk’s tweets, but now it’s struggling.
- Binance (BNB) invested in Pendle Finance, a DeFi app that offers fixed yield.
- Pomerdoge with play-to-earn features and NFTs, showing 40x investment potential.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Dogecoin’s (DOGE) Rollercoaster Ride: From High Hopes to Steep Falls
Dogecoin (DOGE) was once popular because of Elon Musk’s tweets, but is now struggling. Glauber Contessoto’s story shows how the cryptocurrency is very volatile. He invested $250,000 in Dogecoin (DOGE), and saw his holdings increase to $3 million. However, now they are worth $50k.
Dogecoin (DOGE) reached an all-time high of $0.73 in May 2021, but has since fallen by over 90%. Contessoto, also known as “SlumDOGE Millionaire,” still has hope that Dogecoin (DOGE) will become a popular payment method on platforms like Twitter. However, with Dogecoin (DOGE) priced at $0.0637, and 91.39% below its peak, the road to recovery seems difficult.
Binance’s (BNB) Move: Investing in Pendle Finance and the Rise of DeFi Trends
Binance (BNB) Labs recently invested in Pendle Finance, a DeFi application that focuses on yield tokenization, and offers fixed yield. Pendle Finance wants to expand its reach to both retail and institutional users by supporting Ethereum, Arbitrum, and Binance (BNB) Chain. Binance’s (BNB) investment shows the potential of yield-bearing assets, as Pendle Finance’s fixed yield mechanism splits tokens to generate yield.
The DeFi ecosystem is seeing the rise of liquid staking derivatives (LSDs), with $20.16 billion locked in. Thus, it indicates a growing trend in the decentralized finance space. LSDs allow users to stake their cryptocurrency while still being able to trade it.
However, the current price of Binance (BNB) is $216.06. Binance (BNB) is 68.73% below its all-time high of $690.93.
Pomerdoge (POMD) is Changing How Gamers Earn Money
Unlike Binance (BNB) and Dogecoin (DOGE), Pomerdoge is a new cryptocurrency that is disrupting the blockchain gaming industry. It is a play-to-earn (P2E) meme coin, which allows players to earn money by playing games. Moreover, the project plans to release 7,777 exclusive NFTs, which can be accessed using POMD tokens.
Research found that the top 10% of P2E players earned an average of $1,500 per month. This shows the potential for Pomerdoge to be a profitable investment for savvy investors.
The project’s presale has been successful, with the price of Pomerdoge increasing from $0.007 to $0.009. The presale has gathered a total of over $1 million so far. Experts predict a 1,700% increase, and there is potential for the price to surge by 40x by the end of 2023.
Pomerdoge is targeting savvy investors who are looking for a new opportunity. The project adds extra appeal with exciting rewards and tax-free transactions, making it an enticing option for potential supporters.
Click Here to Buy Pomerdoge (POMD) Tokens.
Visit the links below for more information about Pomerdoge (POMD):
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
