Cryptocurrencies are highly volatile and that is why investors have to do in depth research before investing in a project. Among the coins top investors are reluctant to stake their money on are Ethereum Classic (ETC), Avalanche (AVAX) and Pomerdoge (POMD). Let’s look at the stats of these coins and know why investors have picked them.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Ethereum Classic (ETC) Heading to the Bear Market
Ethereum Classic (ETC) is a blockchain-based smart contract network, focused on supporting decentralized applications. Ethereum Classic has lost 5% of its value in the last 30 days. In the last 7 days, the coin has lost 2% of its value. ETC is currently trading at $17.70.
The loss in value in the last few weeks could be the reason why top investors are reluctant to invest in the coin. A look at the Ethereum Classic trading volume shows that the coin’s 24-hour trading activity is down by 17% with a market return of $75 million.
The technical analysis shows that Ethereum Classic might soon slide into the bear market as the coin has struggled to maintain the $17.70 support level. Although analysts project a bull run for the token in the year, the current state of Ethereum Classic leaves the prediction in doubt.
Avalanche (AVAX) Recent Performance Worries Its Holders
Avalanche (AVAX) is an open-source PoS blockchain platform with smart contract functionality made to develop decentralized applications with speed and scalability not being a barrier. While analysts claim that the Avalanche token would be on a bullish run by the end of the year, the short-term possibility of that doesn’t seem likely.
AVAX current performance has been a concern to many of its token holders. Avalanche lost 6% of its value in the last 30 days. The price chart of the last 24 hours also shows that the Avalanche token could slide into the bear market soon.
The red lines in the price chart are much more active. Top crypto investors are already reluctant to invest in the project. While Avalanche holders are anticipating a resurgence soon, there is another promising project in Pomerdoge in which crypto experts project a 5x ROI in the future.
Pomerdoge (POMD) – The Best Low-Risk Investment To Get Your Hands On
Bringing online gamers and meme coin lovers together, this play-to-earn game platform plans to take the world by storm once it’s launched. Through the Pomergame platform, players will be able to create a satisfying gaming experience and connect with their friends across the world. While players will be able to trade in-game assets in the Pomerplace marketplace.
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
The presale Investors also get to enjoy the 7,777 NFTs kept in store for them and a share of the revenue gotten from the Pomergame platform. This revenue will be shared based on the number of POMD tokens in an investor’s account. Its security has been handled through its audit by SolidProof and Cyberscope, further ensuring the safety of investors’ assets.
The POMD token is currently trading at $0.008 while in its ongoing presale phase. Crypto experts project that the token will return 17x gains once it is launched. The Pomerdoge platform has so many potentials that should not be ignored. Now is the chance to stake a claim in this amazing investment and position yourself for massive gains in the future.
Find out more about the Pomerdoge (POMD) Presale Today
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.
