As the crypto market continues to evolve, three altcoins – Litecoin (LTC), Bitcoin Cash (BCH), and Pomerdoge (POMD) have emerged as compelling contenders. They are seeking to soar on Bitcoin’s fame and price growth in the crypto space. Unfortunately, the price trajectory of Litecoin and Bitcoin Cash has been disappointing.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Litecoin (LTC) Fails To Soar on Halving Like Bitcoin
Litecoin, being one of the early blockchain protocols, shares several technical similarities with Bitcoin. Consequently, it has earned the moniker “digital silver,” emphasizing its resemblance to Bitcoin.
On August 2nd, Litecoin completed its third halving event, a recurring milestone that takes place every four years. During this event, the miners’ rewards were reduced by half, from 12.5 LTC to 6.25 LTC. Halvings have been the catalyst for bullish price movements in coins like Bitcoin.
However, Litecoin took a different trajectory, heading in a downward direction just hours after the halving event. Things could change within the next coming trading days. Meanwhile, Litecoin is $85.91, a 5.60% price decline in the last 24 hours.
Bitcoin Cash (BCH) Suffers Price Drops
Bitcoin Cash is a cryptocurrency born from a hard fork of the original Bitcoin blockchain on August 1st, 2017. Interestingly, the community birthed Bitcoin Cash to address the scalability concerns faced by Bitcoin.
Surprisingly, the price of Bitcoin Cash soared to an all-time peak of $4,355 in December 2017 a few months later. This was due to the increase in demand and attention from investors. However, it also faced challenges, notably during a prolonged bear market.
Currently, Bitcoin Cash is trading at $227.49 amid huge bearish pressure. This represents a 4.33% price decline in the last 24 hours and 8.02% in the past week.
Pomerdoge (POMD) To Soar Like Bitcoin
Litecoin and Bitcoin Cash’s recent price performance has left investors searching for new projects. Pomerdoge (POMD), an upcoming project, is already gaining traction due to its explosive growth potential and features.
Pomerdoge possesses immense growth potential as its ecosystem is centered around a captivating play-to-earn (P2E) game. As a memecoin, Pomerdoge is poised for significant expansion, with a projected 17x surge during the presale.
Moreover, industry experts have also predicted a staggering 50x increase after the token launch. On the other hand, the Pomerdoge ecosystem will revolve around an engaging P2E game, enabling players to connect, compete, and engage in thrilling battles.
This play-to-earn (P2E) game not only guarantees entertainment but also allows players to earn rewards while having a great time. Furthermore, Pomerdoge presents a well-defined roadmap to success, meticulously divided into three stages.
Noteworthy milestones to anticipate in its journey include the exciting launch of its NFT collection. Also, Pomerdoge plans to launch its token on Uniswap and on prominent centralized exchanges. Currently, the POMD token trades at only $0.007. Analysts have forecasted a 4,000% surge in value in 2023.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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