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What’s in store for Axie Infinity (AXS) and Polygon (MATIC) with Pomerdoge entering the crypto market? Do you think the tokens will recover and rally for a bullish trend? Let’s find out.
Summary
- Axie Infinity (Axie) turns bearish with a decline in new registrations.
- Polygon’s (MATIC) graph is uncertain, with the token struggling to regain lost momentum.
- Pomerdoge (POMD) looks bullish and aims to grow by 40x by the launch date.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Axie Infinity (AXS) Falls Below the $6 Critical Support Level
Axie Infinity’s (AXS) upward trend from last month took a reverse turn in August. As a result, Axie Infinity’s price (AXS) fell below the critical support level at $6 on 2nd August. According to Network Growth’s statistics, Axie Infinity (AXS) showed a 78% decline in new user registration. This indicates a bearish trend for the token.
The Axie Infinity (AXS) community is worried the price will further decline in the coming days. With long-term token holders making a move to exit their positions, the future doesn’t look great for Axie Infinity (AXS). The token is priced at $5.86 at press time, with a 3.73% loss in the last seven days. Even the trading volume is down by more than 10%.
Furthermore, experts believe that Axie Infinity (AXS) might crash to $5 if it goes below $5.76. Apparently, it may even fall to $4.50 if the bearish trend continues. In fact, Axie Infinity (AXS) was around $18 a year ago. Can Axie Infinity (AXS) regain its lost position?
Polygon’s (MATIC) zkEVM Clocks 100K Transactions
It appears that Polygon (MATIC) is at a strange place with hits and misses. While the zkEVM platform successfully logged 100K transactions, the token’s price is slipping. Polygon (MATIC) has recently been in the news for various reasons.
Firstly, the winners of Toyota Gazoo Racing, North America’s GR Cup Series, would receive digital trophies backed by Polygon (MATIC) blockchain. Secondly, Amazon Prime announced that its subscribers can win a free Polygon (MATIC) NFT, and in-game currency for its latest crypto-based game, Mojo Melee. It’s noteworthy that Mojo Melee has been built on Polygon (MATIC) and is accessible through all web browsers and the Android app.
Despite such positive developments, Polygon (MATIC) declined by 4% in the last seven days. Polygon (MATIC) is priced at $0.6735, at press time, after registering a mere 0.71% increase in price. Moreover, Polygon (MATIC) fell below the $0.68 mark in August after successfully touching $0.87 in mid-July. Can the recent news boost Polygon’s (MATIC) price?
Pomerdoge (POMD) Promises High Rewards to Presale Investors
Pomerdoge is the latest P2E game promising to help users connect through the network. It will offer great rewards through in-game currency, and the native token POMD. Moreover, the platform aims to dethrone top meme coins like Doge, Pepe, etc. To achieve this, Pomerdoge will offer a percentage of its revenue as earnings to POMD token holders.
Amazing! We have now raised over $1,000,000 in exactly three weeks. We are thrilled at the community we have, everyone says they have the best but we truly believe we are up there!
Now onto the next milestones, we have almost 1,500 holders now.
We really want to become the… pic.twitter.com/CaIt64n0DN
— Pomerdoge (@pomerdoge) August 17, 2023
Furthermore, Pomerdoge is building an ecosystem with Pomergame, Pomerplace, and NFTs. The platform will release a collection of 7,777 unique NFTs for presale investors. Each NFT costs only 0.2 ETH, and will amplify returns in the long term. Moreover, users can make the most of the ecosystem to sell items and earn more POMD tokens through the built-in marketplace.
Additionally, the price of POMD tokens is just $0.008, making it easy for crypto fans to make an investment. Analysts predict Pomerdoge will grow by 4,000% in the coming days. Needless to say, POMD is already establishing a bullish trend.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
