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Polkadot Price Down 35% Year to Date, Will the Downtrend Continue? Uniswap and Pomerdoge Holders Are Doubling Down on Their Investment

Twin Peaks Digital PR by Twin Peaks Digital PR
July 31, 2023
in Press Releases
Reading Time: 4 mins read
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Polkadot (DOT) is down 35% year-to-date, and many analysts have taken an in-depth look at the on-chart data surrounding the altcoin to see if this downtrend will continue. In addition, Uniswap (UNI) and Pomerdoge (POMD) holders have begun doubling down on their investments to see how far the cryptocurrencies can climb.

Summary

  • The Polkadot crypto has been down 35% in the past year
  • The Uniswap cryptocurrency can surge to $8.11 by the end of 2023
  • Analysts believe that Pomerdoge (POMD) can surge by 4,000% at launch

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

Polkadot (DOT) Price Down 35% Year-to-Date

The Polkadot (DOT) cryptocurrency has been stuck in a consolidation zone ranging between $5 and $5.60. The cryptocurrency price has attempted to close above that point but faced strong rejections.

The bullish price rally for the Polkadot price occurred in June of 2023 when its price saw a support point at $4.45 but halted due to the presence of bears.

Within the past 30 days, the Polkadot price increased by 4.2%, but in the last year, it’s been down 35%. During the past week alone, Polkadot dipped by 2.1%.

In addition, as of July 29, 2023. Polkadot trades at $5.24. The Polkadot market cap is at $6,345,061,149, and its trading volume is at $67,974,497, indicating a 30.68% decrease in the last 24 hours. According to a Polkadot price prediction, it can reach $6.98 by the end of the year.

Uniswap (UNI) Price Prediction

Uniswap (UNI) is a protocol that enables anyone to automatically trade DeFi tokens on top of Ethereum and utilizes pools of funds instead of order books. Uniswap experienced a bullish price rally, where the cryptocurrency surged by 26.2%.

In addition, during the past two weeks, it’s been up 7.1%. As of July 29, 2023, Uniswap trades at $6.21. It is controlled by a group of UNI token holders who have governance votes and can decide on future protocol upgrades.

The Uniswap cryptocurrency has a 24-hour trading volume of $63,353,431, and its market cap is $3,581,860,846. The Uniswap price saw its low weekly point at $5.71, with its high point at $6.20.

Moreover, Uniswap has shown good performance this month as a whole and needs to break past the $7 price barrier to get toward a future upwards trend. According to a Uniswap price prediction, the cryptocurrency can reach $8.11 by the end of the year, and based on this, it’s clear why some investors are selecting it.

Pomerdoge (POMD) Holders Double Down On Their Investment

Pomerdoge (POMD) is another cryptocurrency that holders are doubling down on. Subsequently, its ecosystem has gained a lot of attention as it completely changes the way players interact with virtual worlds and how their time is valued.

First, there’s the Pomergame. This enables players the opportunity to take part in an exciting new P2E world where they can earn rewards and be paid for their time. They can build their characters to an elite level and create custom items for the avatar. Once the “Pomer” character reaches gold status, they gain the ability to start selling skins, items, or other valuables.

Second, there is the Pomerplace. This is the dedicated marketplace where players can begin buying, selling, or trading any valuable items collected in-game. There’s also an arena. Here, each player has the opportunity to battle with their Pomerdoge against other members.

Third, there is a dedicated NFT collection consisting of 7,777 unique NFTs. These are exclusively available only to the holders of the POMD tokens and cost 0.2 ETH per NFT.

During the early presale period, a single POMD token costs just $0.007, and analysts believe that a surge of 4,000% is coming for the token upon its launch. This, coupled with $150,000 worth of giveaways, has made Pomerdoge (POMD) one of the most appealing projects of the year.

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.

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