There is a new king in town, and Uniswap (UNI), the king of DEXs, and Monero (XMR), the king of privacy, face tough competition from Pomerdoge (POMD). A new viral presale gem absorbing liquidity from across the market.
Users are rushing to enter the Pomerdoge presale and selling off altcoins to participate. But why has Pomerdoge drastically risen to fame? It provides a next-gen gaming dApp, and with the blockchain gaming market expected to grow from 4.6 billion in 2022 to 65.7 billion in 2027, now is the time to invest in undervalued gaming altcoins!
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Pomerdoge (POMD) Ready to Dethrone Shiba Inu
The blockchain gaming industry is the fastest-growing vertical in crypto, and Pomerdoge is at the front of this exciting new narrative. There are more than 3 billion gamers worldwide, and the application that attracts these users will shine. Analysts are predicting it will be Poemrdoge’s Pomergame. Why?
Pomerdoge’s ecosystem provides the perfect way to network and game simultaneously. Pommergame allows users to level up their players, and when they reach gold status, they gain the ability to begin selling skins and other items in the Pomerplace.
In the Pomerplace, users can additionally participate in player-versus-player battles, and it will be winner-takes-all. Pomerdoge is launching a collection of 7,777 NFTs, and analysts have already speculated that they will be the key to unlocking the full potential of this exciting new memecoin. Available for just 0.2 $ETH, investors will have to act fast.
Enjoying a widely successful presale, Pomerdoge has already raised $2 million, and analysts forecast the native token $POMD surging by more than 1,200% in the coming weeks.
Uniswap (UNI) DeFi’s Trading Hub
Uniswap has been the central trading hub of DeFi for years and boasts an impressive TVL (Total Value Locked) of more than $3.3 billion. So why are Uniswap token holders buying Pomerdoge instead? The reason is simple.
Despite being an excellent protocol, Uniswap’s native toke $UNI has little to no value accrual. There is the potential to turn on the fee switch, but a reluctance to do so means that the governance token has no value capture properties. Hence, investors are offloading it in favor of $POMD, which promises far more exciting returns.
Analysts remain long-term bullish on Uniswap but not on the native token. Their price predictions forecast $UNI, targeting a potential mediocre high of $13.22. But they do expect that Uniswap’s TVL will continue to climb and that the DEX will continue executing a greater percentage of the on-chain trading volume.
Monero (XMR) Privacy-Focused Altcoin
Monero has been gaining traction in recent years. Launched in 2014 the protocol has allowed users to transact privately on-chain. Monero leverages advanced cryptography to obscure the sender, amount, and recipient and touts privacy above all. Investors are increasingly waking up to the pseudo-anonymous nature of blockchains, and Monero provides an obvious choice to retain anonymity.
This growing demand has risen in tandem with government rollouts of CBDC trials, and for users who truly care about their privacy, Monero offers the perfect solution. Analysts have forecast an optimistic range for $XMR, predicting it could trade between $268.78 and $320.25 in 2024.
However, despite this decent upside, Monero still cannot hold a candle to the rapid growth prospects of Pomerdoge and its new P2E game sweeping across the crypto landscape.
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