In recent times, Stellar (XLM) and Trust Wallet Token (TWT) have shown signs of bullish momentum in their trading patterns. Meanwhile, the rise of Pomerdoge (POMD) continues, with the token maintaining its bullish trajectory for the second week of August. Let’s explore the factors driving this upward movement and whether they have the potential to continue their bullish journey.
Stellar (XLM) and Its Resurgence
Stellar (XLM), a blockchain platform designed for fast cross-border transactions, has caught trader attention with its recent price surge. The Stellar price jumped by 41.7% during the past 30 days alone.
The Stellar crypto, known for its focus on financial inclusion and interoperability, has witnessed a resurgence in demand, propelling it to daily gains. However, it now appears that this resurgence is slowly falling off. Currently, Stellar is trading hands at $0.1397 with a market cap of $3.8B, down 5.51% overnight.
The RSI’s breakout from a floor in the 59.00 zone led to the Stellar drop. Thus, experts remain short-term bearish for Stellar.
What Is Trust Wallet Token (TWT)?
Trust Wallet Token (TWT), the native utility token of the Trust Wallet mobile wallet, has also displayed positive price action. The Trust Wallet Token value increased by 8.5% in the past month.
As Trust Wallet gains popularity as a secure platform for managing various cryptocurrencies, the demand for TWT has grown. The token’s value proposition as a means to access premium features within the wallet ecosystem has contributed to its recent bullish trend.
Furthermore, this bullish trend has continued as the Trust Wallet Token now costs $0.9165, up 2.10% overnight. Additionally, the Trust Wallet Token trading volume jumped by 254% in that same time, reaching $16,358,976. Due to all these reasons, market analysts forecast a $1.23 value for it by the end of 2023.
Pomerdoge (POMD): Bullish Momentum
Pomerdoge (POMD) stands out for its sustained bullish trend in emerging cryptocurrencies. As a Play-to-Earn (P2E) gaming token, Pomerdoge’s concept of allowing players to earn rewards while engaging in a competitive game has fueled its upward trajectory. Its steady ascent for the second week of August suggests it may have a bright future.
What Makes Pomerdoge (POMD) Stand Out?
Central to the Pomerdoge experience is the Pomerplace ecosystem, a dynamic marketplace where players can buy, sell, and trade in-game assets and items using POMD tokens. Plus, players progress in the game and achieve higher levels. They are, afterward, unlocking the ability to create custom items for their avatars, which can then be monetized within the Pomerplace.
Pomerdoge’s NFT collection further amplifies its allure. With a limited edition of 7,777 NFTs to be released, each NFT will cost 0.2 ETH. But, the specific benefits of owning these NFTs are yet to be disclosed. Nevertheless, the anticipation surrounding these unique digital assets underscores the excitement within the Pomerdoge community.
A Stellar Presale
Currently, Pomerdoge is offering the POMD native token for only $0.007 as it is in Phase One of its public presale. Only those who hold it will gain access to the unique NFT collection. As a result, countless buyers are flocking to the POMD presale. Experts are forecasting a 17x value jump before its presale ends. Sign up now, and do not miss out.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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