Filecoin is down more than 3% in the last 24 hours, while Bitcoin Cash’s price has increased by nearly 4%. Pomerdoge hits the market in September, providing an early buy-in opportunity in the presale. Which will help your portfolio grow best, Filecoin, Bitcoin Cash or Pomerdoge? Let’s find out.
Filecoin Struggles
Filecoin’s price decreased over 3% in the last day alone, spiralling downwards after the SEC declared Filecoin a security. Extremely low volatility indicates uncertainty in sentiment, and the trading volume decreased over 50% in the past 7 days. Still ranking as #31 with a current market cap of $1.8 billion, Filecoin seems to struggle, and it has to be seen if the former ATH will ever be reached again.
At the time of writing, Filecoin’s price is seen at $4.23, testing major support at $4.20, and if fundamentals keep turning bearish for Filecoin, a break of that support line might trigger a selloff.
Bitcoin Cash Appreciated
With a price increase of nearly 4% over the past 24 hours, Bitcoin Cash is headed in the other direction, though the trading volume has fallen more than 30% over the past week.
The US inflation data may have been a key incentive for that, and the DXY crashed while Bitcoin Cash’s price printed a bullish breakout at the end of the week. As published by the Chinese authorities, the country is on the edge of moving to deflation in its monetary system, and this implies that consumer prices will continue falling for the months to come.
Bitcoin Cash reacted and is generally inversely correlated to USD. With these bullish incentives, Bitcoin Cash’s price continued the bullish trend and moved above all SMA’s. The MACD indicator and the RSI support the bullish outlook for Bitcoin Cash in overbought levels.
Pomerdoge – The Play-to-Earn Game Coming Soon
The new and unique P2E game, Pomerdoge, is driven by the POMD token for in-game purchases. Pomerdoge will attract meme coin fans, especially those who love Shiba Inu dogs and Shiba-themed coins.
The token will give access to exclusive NFT drops and be used for in-game trading at the marketplace and arena – Pomerplace. In Pomerdoge, you will connect with the 3 billion gamers worldwide and get paid for the time you play.
Pomerdoge will support you while you build up your character and create your avatar, and the game launch is set for September. POMD owners have exclusive access to the 7,777 NFTs minted and released during July.
With the smart contract and KYC audited, Pomerdoge is now promoting $150,000 worth of giveaways in the Pomerdoge presale period, which just started and offers an excellent point if you want to have the chance to pocket massive gains with this upcoming moonshot.
The Pomerdoge presale is in stage 1, and POMD is available for $0.007. Experts estimate massive gains to come based on the demand the P2Earn sector inherits for Pomerdoge.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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