Pomerdoge (POMD) is a newcomer that’s drawing the attention of enthusiasts from established cryptos such as Nexo (NEXO) and Axie Infinity (AXS). The intriguing part is that this shift in interest is happening while Pomerdoge is still in its presale phase, offering discounted rates for early adopters. Let’s jump into the details and see what exactly is making Pomerdoge such an enticing prospect.
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Pomerdoge (POMD): A Memecoin with a P2E Model
The biggest driver behind Pomerdoge’s burgeoning popularity, especially among Axie Infinity’s community, is its distinct play-to-earn (P2E) model. It’s this familiar yet innovative structure that has caught the eye of Axie Infinity holders, as they recognize the potential of another promising venture in the P2E domain.
The presale phase of Pomerdoge only amplified the excitement. With its structured phases offering POMD tokens at attractive introductory prices, it’s no surprise that many from the Axie Infinity community have shown keen interest. The ascending price strategy throughout the presale has fostered both anticipation and swift action among potential investors.
Beyond just gaming, Pomerdoge’s comprehensive ecosystem, which promises seamless integration between gaming, trading, and community engagement, stands as a testament to its ambition. It’s not just about capitalizing on current trends; it’s about setting new ones.
While Nexo has its unique appeal in the crypto financing space, the allure of Pomerdoge for Nexo fans is the chance to win passive income through its innovative P2E model. For instance, holders of the POMD tokens can stake their tokens to earn interest from the platform’s lending pool.
Analysts note that Axie Infinity and Nexo communities are just two of the many groups that have taken a keen interest in Pomerdoge. With its P2E model, attractive presale incentives, and ambitious ecosystem goals, analysts can see the POMD token price rising from $0.009 to $1.00 when the platform launches within the next year.
Why Nexo (NEXO) Holders are Being Lured by Pomerdoge (POMD)
Nexo is a leading figure in the realm of crypto-backed lending. It allows users to act as the lenders and borrowers of cryptocurrencies, enabling them to access liquidity without selling their assets.
Nexo’s decentralized approach to lending caused the Nexo token to soar by more than 1,000% during the 2020/21 bull run as investors sought out ways to capitalize on the surge in crypto prices.
However, the Nexo token has experienced a significant 87% dip to the current price of $0.58 as enthusiasm for Nexo has cooled off. Analysts note that the Nexo price has been moving within a descending triangle for a year, with the $0.55 area acting as strong support.
While a breakout from this pattern could catapult the Nexo price toward the coveted $1.00 mark, there is a huge risk that this level breaks and Nexo experiences a much larger drop. That’s yet another reason why Nexo holders are starting to turn their attention toward Pomerdoge.
Axie Infinity (AXS): Facing a Shrinking Player Base and the Breach of the $6.00 Support
As one of the pioneering projects in blending gaming with blockchain technology, Axie Infinity showcased a new way of thinking about in-game economies and player incentives. With digital creatures, or ‘Axies’, becoming prized NFT assets, many Axie Infinity players saw real-world profits from their gameplay.
The meteoric rise of over 10,000% in 2021 is a testament to Axie Infinity’s success and the surging interest in the P2E model. Nevertheless, the tide seems to have turned for Axie Infinity.
The decreasing active player base, coupled with broader market downtrends, has seen a stark depreciation in the Axie Infinity token’s value. With a staggering 97% drop from its zenith, many investors are wary, especially with the token’s breach of the crucial $6.00 support to the current price of $4.82.
The future for Axie Infinity now hinges on the team’s ability to innovate and recapture its audience. While Axie Infinity was a key player in starting the P2E realm, their inability to hold onto a majority of users has made them vulnerable to newcomers like Pomerdoge.
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Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge