The crypto market’s volatility benefits tokens like OKB and Pomerdoge. While OKB is flying high by registering new network users, Pomerdoge is fast catching up and showing signs of trumping other cryptocurrencies and meme coins in the market.
- OKB’s (OKB) market cap increased by 1.87% after the bullish rally.
- Pomerdoge (POMD) gained momentum after the price rose to $0.008.
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OKB (OKB) on a Bullish Trend After Recent Investment Announcement
OKB didn’t have a great July. However, the tide turned for the better in August. With some interesting announcements and product updates, OKB recorded new users, and a sharp price rise. Experts believe that the network value to transaction volume ratio is highly encouraging. Thus, the bulls are in a strong position to push OKB to rally for an all-time high.
Firstly, OKB’s investment arm announced a $1 Million Series A stake in Moonbox, a Hong Kong-based AI/Web3 startup. This news led to a sharp surge in OKB’s price. Later, the OKB team issued another announcement that the platform would headline the next TOKEN 2049 blockchain conference.
Needlessly to say, OKB further strengthened its upward trend. The OKB token gained 143.9% in the last seven days to be priced at $48.05, at press time. Furthermore, the second announcement brought new network users, shooting its growth score to 22. Analysts believe that if the growth score continues, OKB will establish a new all-time high.
However, buyers should push beyond the $50 psychological resistance before aiming for the actual resistance at $53.60. Though OKB has crossed the $49 mark, it hasn’t yet breached $50 after the crash in late April this year. So, even with many positives for OKB, the token’s bullish trend will deliver profits only when buyers can overcome the psychological resistance at $50. We’ll have to wait and see if this happens.
Pomerdoge (POMD) Registers Price Rise – Gains New Investors in Presale
Pomerdoge is the newest P2E game in the crypto market. It aims to offer a powerful network for users around the world, to connect with each other. Moreover, Pomerdoge plans to dethrone leading meme coins like Pepe, Shiba Inu, and Doge with its attractive offerings. To achieve this, Pomerdoge will rely on its ecosystem comprising Pomergame, Pomerplace, and exclusive NFTs.
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
By releasing a unique collection of 7,777 NFTs in August and September, the platform is all set to add leading investors to its kitty. Furthermore, POMD, the native token and in-game currency on Pomerdoge, saw an upward price movement. POMD is currently priced at only $0.008. However, experts predict that the Pomerdoge token will grow by 4,000% in the next few weeks.
Additionally, users who own the POMD token can earn a percentage of the revenue generated by the gaming platform. The earnings will be directly proportional to the number of Pomerdoge tokens with the investor. Furthermore, the platform promises more in-game rewards to users. Since Pomerdoge has passed the audit by Interfi Network, big-time investors are ready to make early investments and increase their profits. They plan to own substantial amounts of POMD tokens by the launch date in Q4 of 2023.
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Telegram Community: https://t.me/pomerdoge
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