There are several inspiring stories on the internet of crypto traders making millions. One such trader who turned $300 into $2.4 million is back in the news after backing a new crypto project. Leaving the more popular Tron (TRX) and Cardano (ADA), this popular trader has thrown his weight behind Pomerdoge (POMD). Read on to find out what inspired the investment in the Pomerdoge presale.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Tron (TRX) and Cardano (ADA) Markets Decline
Following Ripple’s partial victory over the SEC, Tron (TRX) and Cardano (ADA) were two of the biggest gainers in the market. Both Cardano and Tron notched 40% gains as their respective communities were hopeful. However, since then, it has all gone downhill for both cryptos.
The price of Tron has plunged by more than 30% in the last two weeks. From a high of $0.092, TRX now trades at $0.077. The decline continues today as Tron is down by 1.2% in the last 24 hours. The price decline for Tron comes amidst an increase in network activity.
The burn rate of TRX coins has significantly increased while its DeFi ecosystem gained 7.9% in the second quarter. Similarly, the numbers of daily active accounts and new accounts on the Tron network have been on the rise, increasing by 14 and 13.4%, respectively.
Like Tron, the recent launch of the Mithril protocol and Testnet announcement has been unable to save the price of Cardano. Despite these major milestones, the price of Cardano has continued to dip significantly.
In the last 24 hours, the price of Cardano has tumbled by 3.1%. Over the last two weeks, the price of Cardano is down by 21%. At the time of this writing, Cardano trades at $0.295 despite reaching highs of $0.38 in mid-July.
Famous Trader Throws Weight Behind Pomerdoge (POMD) Presale
While the price of more popular cryptos, Tron and Cardano continues to fall, a popular trader may have identified a new gem. The anonymous crypto trader who became popular on Twitter in 2021 after turning $300 to $2.4 million has invested in Pomerdoge (POMD), a new P2E game.
Pomerdoge has piqued the interest of many investors as it is set to revolutionize the P2E sector. By combining the allure of meme coins with the best components of blockchain P2E game, Pomerdoge is creating Pomergame. This new P2E game with enthralling gameplay and great rewards for players.
Smart investors who know the most returns come from investing early in projects are also buying into the Pomerdoge (POMD) presale. At the time of this writing, the utility token of Pomerdoge, POMD, is in its first phase and sells at $0.007. With the support Pomerdoge has garnered, experts are predicting a 4,000% price rally for POMD in 2023.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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