The world of cryptocurrency is an ever-evolving space ranging from new trends, price fluctuations, and SEC regulation. In today’s headline, we see Chainlink in full expectation mood on price recovery, Aave rises despite uncertainty, and the newest meme coin shaking the market still – Pomerdoge.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Chainlink (LINK) Price Anticipates Recovery
Chainlink (LINK) is the blockchain that acts as the bridge between blockchain and real-world information. The Chainlink coin (LINK) experienced a drastic price drop in recent times and significantly found support at $5.75.
However, LINK has been recovering, with its price increasing above $5.85 and $6.00. The Chainlink crypto is above the 100 simple moving average on the 4-hour chart. However, obstacles to further price increases include the $6.10 mark and a downward trend line creating resistance around $6.10.
With resistance located close to the $6.25 region, the Chainlink crypto is struggling close to above the $6.10. If $6.25 is broken, a climb towards $6.65 and $6.80 levels is possible. The price may revisit $7.50 at the next significant resistance, which is located near $7.10 and could start a new increase.
Aave Cryptocurrency Rise Despite Temporary GHO Suspension
The Aave (AAVE) crypto, a cryptocurrency platform, temporarily stopped working with GHO, a stablecoin, on August 25, 2023. This can hurt the Aave coin, according to some analysts, because it might cause investors to lose interest in and confidence in the platform.
Despite these worries, the Aave coin value increased by 3.1% between August 25 and 30, from $56.87 to $58.65. Experts believe the new Aave v3 feature, which allows users to use DAI for money, is the cause of this growth.
Furthermore, on August 30, some indicators showed that the price of Aave might keep going up in value. This makes traders think it could be a good idea to buy Aave’s cryptocurrency, along with SPCT and APT, which are other types of cryptocurrencies.
Pomerdoge (POMD) Still Making Wave Reaching $0.0115
While other players in the market struggle to beat one tide or another, Pomerdoge (POMD), a new play-to-earn (P2E) token, has been on the rise. Over the weekend, while most cryptos were bearish, the price of Pomerdoge soared to a new high of $0.0115.
The game that will soon be launched has grabbed the attention of investors all around as a result. This sensation P2E game allows its users to win rewards and earn money, all while playing. Why are people excited about Pomerdoge and why might it do better than Dogecoin and Shiba Inu?
Pomerdoge is simply following the latest trends in cryptocurrency like play-to-earn games and NFTs. Pomerdoge is even taking it further by creating a collection of 7,777 NFTs that will be available exclusively to presales investors or buyers. And also a meme competition where three people will each get to win $50,000 of the POMD token.
So far, the platform has collected more than $2 million, selling at $0.0115. Experts think that the tokens’ price will increase by a huge 1,700% during the initial sale. This will see POMD trade as high as $0.2 before the year ends.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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