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The recent legal battle between Ripple (XRP) and the SEC is likely to have ramifications for the entire industry. Meanwhile, the rise of Pomerdoge, a new project, has come as a boon for investors.
According to market projections, this new project can grow by 4,000% by the end of this year.
Summary
- The US SEC has announced that it will challenge the court’s ruling that was in favor of Ripple (XRP).
- Pomerdoge will launch a collection of 7,777 NFTs during the presale.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
The SEC Decides To Relaunch Its Legal Attack On Ripple (XRP)
Last month, Ripple observed massive market support when a court ruled in its favor in the SEC-XRP lawsuit. The court stated that the selling of Ripple (XRP) to the general public is not a security. This provided much-needed support to the payments network on the growth chart. In the latest event, crypto exchange Gemini has also relisted it after the partial legal victory of XRP.
Besides, Ripple (XRP) has also seen an increase in its adoption. Recently, the Bank of England partnered with Ripple (XRP) to explore the options for synchronized processing of two currencies in different RTGS (real-time gross settlement) methods. According to experts, the court’s verdict has played a pivotal role in the popularity of the blockchain network.
But Ripple’s (XRP) problems seem far from over. Now, the US Securities and Exchange Commission has shown its intent to challenge the court’s ruling that favored Ripple (XRP). The SEC reasserts that Ripple (XRP) is a security, and it is violating US laws.
Therefore, investors are treading cautiously before investing in Ripple. This has also caused a drop in the value of XRP. In the past week, Ripple’s (XRP) value has tumbled by more than 4%. Thus, Ripple (XRP) is currently changing hands at $0.63.
Pomerdoge (POMD) Attracts New Investors In Presale Stage 1
As per recent market reports, the global blockchain gaming industry is likely to reach $818.5 billion in 2032. It denotes the growth potential that the blockchain gaming industry boasts. To gain benefits from this growth, Pomerdoge has unveiled a new blockchain game. POMD will serve as the native crypto of this new P2E project.
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
Pomerdoge will soon launch a new Web3 game, Pomergame. It will enable gamers to build their characters, and create custom in-game items to enhance their avatars. Once gamers get to own a gold status Pomer, they can sell their skins and other in-game items at Pomerplace. It will serve as the marketplace and a battle arena for gamers. In the arena “winners take all”; so, gamers will have to perform their best all the time.
Pomerdoge has also prepared the ground for the upcoming launch of a collection of 7,777 NFTs. These NFTs will carry unique use cases, and value in the Pomerdoge ecosystem. However, only POMD holders will get the chance to purchase these non-fungible tokens.
Ensuring the authenticity of the platform, Solid Proof and Cyber Scope have completed the auditing of the token’s smart contracts. The presale of POMD has started, and is currently in stage 1. Currently, you can buy your POMD tokens at $0.008, which was $0.007 in the beginning. Experts believe that the market value of the project will rise by 17x during the presale round.
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.
