Amidst the recent price slump in the crypto market, several significant events have sparked excitement among investors. The Uniswap exchange has seen an astonishing rise past Coinbase in trading volume while Pancakeswap has launched its V3 on Ethereum. The relentless momentum of Pomerdoge’s presale is making waves in the crypto space.
Uniswap Spot Volume Surpassed Coinbase In 2023
Uniswap (UNI) is the leading decentralized exchange (DEX). According to a recent report, the leading DEX has been steadily beating Coinbase, the biggest crypto exchange in the United States, in the volume of spot trades processed throughout 2023.
According to data shared by crypto asset manager, Ryan Rasmussen, Uniswap processed $110 billion in spot trades during the second quarter, compared to the $90 billion of Coinbase. Despite this, the Uniswap price chart has largely been bearish.
Since the start of August, the price of Uniswap has been trending downward. As a result, the Uniswap price has now dropped below $4.60 for the first time since June.
PancakeSwap Version 3 Goes Live on Ethereum
Another top DEX with significant development today is PancakeSwap (CAKE). The DEX has announced the launch of its Version 3 (V3) protocol on the Ethereum blockchain, introducing advanced swap and liquidity provision (LP) functionalities.
The PancakeSwap v3 will allow users to trade tokens seamlessly and maximize capital efficiency on the DEX. Despite the launch, the PancakeSwap coin, CAKE, has failed to recover from its bearish slump.
Since the start of 2023, the price of PancakeSwap has been trending downwards, hitting a low of $1.22 this week. However, crypto experts believe a comeback is possible for the Pancakeswap price due to the recent launch of V3.
Pomerdoge (POMD) Presents the Most Profitable Gaming Ecosystem
Pomerdoge (POMD) is building the first engaging Play-to-Earn (P2E) ecosystem that integrates the meme coin space. The ecosystem will be centered around three key components: NFT collections, the Pomergame, and the Pomerplace.
We have officially raised over $1,500,000
There are hundreds of orders in pending since the price is increasing in 3 hours we expect this to significantly rise before the price increases to $0.01https://t.co/3Hm1hYrira pic.twitter.com/NLAYMc7vDH
— Pomerdoge (@pomerdoge) August 25, 2023
The Pomergame is the first game of the ecosystem and looks to generously reward players for their time and efforts. Where it stands out is the incorporation of meme coin avatars as playable characters within the game. The game also aims to unite players worldwide, with its networking elements.
Next is the Pomerplace which will serve as a user-friendly marketplace where players can buy, sell, and trade in-game items for real cash. Lastly, the Pomerdoge team will launch a collection of 7,777 NFTs all with unique features within the ecosystem. These NFTs will only be accessible to holders of the network’s utility token, POMD.
Speaking of POMD, the token is currently in its presale phase and available to buyers at just $0.009. As part of its drive to reward its community, gamers, and investors who buy the Pomerdoge token at the presale stage will receive a percentage of the game’s revenue depending on their holding.
Find out more about the Pomerdoge (POMD) Presale Today:
Telegram Community: https://t.me/pomerdoge
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