Are BNB and AVAX Losing Their Hold?

Are BNB and AVAX Losing Their Hold?

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Pomerdoge has just unlocked a new corridor of growth that will cause the next market bull run. Its presale is selling out at a historical pace. Hence, the project has secured over $1 million during the first few weeks of its presale launch.

Experts predict its value to surge by 4,000% in 2023. Contrary to this, projects like BNB and Avalanche (AVAX) have failed to defend against market bears.

Summary

  • BNB has witnessed a price drop of 11% in the past month.
  • Japanese firm SBI VC adopts Avalanche’s (AVAX) AvaCloud WEB3.
  • Pomerdoge’s trading price has increased to $0.009.

BNB Sees Increase In Trading Volume But Price Falls

Once considered a market titan, (BNB) has been facing several existential crises for the past few weeks. Subsequently, the market value of (BNB) has plummeted by 11% in the past month.

At press time, (BNB) is trading at $219.75. According to experts, the SEC’s latest lawsuit has prompted several (BNB) users to associate with other exchanges.

However, the Binance community strongly believes that BNB can rebound. Binance still holds the lion’s share of cryptocurrency reserves. The trading volume of (BNB) has also increased in the past week.

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Avalanche (AVAX) Targets The Asian Region

As the overall crypto market is bearish, Avalanche (AVAX) has made efforts to support its network growth. Avalanche (AVAX) recently tried to capture the Asian region, and Japanese firm SBI VC is its new partner.

The Japanese firm will reportedly adopt Avalanche’s (AVAX) AvaCloud WEB3 launchpad to introduce its services. According to experts, using AvaCloud will help grow the demand for Avalanche (AVAX) staking.

Meanwhile, the price movement of Avalanche (AVAX) has moved southward. In the past month, Avalanche’s (AVAX) price has dropped by more than 22%. Thus, Avalanche (AVAX) is available for $10.69.

Pomerdoge (POMD) Presale Grows Valiantly

Pomerdoge has emerged as a new market sensation due to its high-value proposition and unique business roadmap. It is a play-to-earn (P2E) meme coin projected to surpass Shiba Inu, Pepe, and Dogecoin in growth. A report predicted that the size of the global play-to-earn (P2E) games market could grow at a CAGR of more than 21% in the next five years. This indicates the massive growth potential of the target market of Pomerdoge.

The platform will introduce its new P2E game, Pomergame, in the fourth quarter of 2023. Pomergame will allow players to go to battles to earn b. Users will earn money for all the time they spend in the game. Besides, they can also create customized in-game assets to upgrade their avatars and trade with other community members.

Pomerdoge has plans to launch 7,777 non-fungible tokens (NFTs) too. However, only POMD owners will be able to purchase the exclusive NFTs. POMD is the native token of the ecosystem with many benefits. POMD owners can stake their tokens to earn additional income.

The presale stage 1 of the project is selling out fast, and the purchase price of a token has jumped from $0.007 to $0.009 in just a few days. According to experts, the token’s market value may jump by 1,700% during the presale phase. After the culmination of the presale round, the tokens will be listed on Uniswap.

Find out more about the Pomerdoge (POMD) Presale Today

Website: https://pomerdoge.com/

Telegram Community: https://t.me/pomerdoge


Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.

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