The crypto landscape has witnessed a notable shift lately. US crypto traders are currently stacking Polygon (MATIC), Tron (TRX), and Pomerdoge (POMD) in large numbers sparking speculations of a potential rally. In this article, we will explore the price movements of these tokens.
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Polygon (MATIC) Investors Looking Forward To Polygon 2.0
Polygon (MATIC), a prominent DeFi solution, has successfully established a niche in the blockchain space. Nonetheless, the project’s trajectory is poised for a transformative shift with the imminent launch of Polygon 2.0. This upgrade aims to tackle the scalability challenges faced by blockchain platforms.
Investors anticipate that this upgrade will attract new users and developers to the platform. Additionally, they expect the upgrade to trigger a price surge as more users join the network. Unfortunately, Polygon’s journey in July has been marked by volatility.
Despite initial impressive gains, the project encountered setbacks. This has left both investors and enthusiasts eagerly awaiting signs of a potential resurgence. According to CoinMarketCap, the price of Polygon is $0.667890, a 0.44% price decline in the last 24 hours.
Tron (TRX) Releases Weekly Report
Today, Tron (TRX) tweeted its weekly report for the past week which shows huge activity on the network. The total number of accounts on the Tron has reached 176,462,404. Additionally, the number of transactions on the network was over 6.2 billion.
Unfortunately, TRX continues to trade in a bearish way. By press time, TRX is trading at $0.076487, a 0.31% price decline in the last 24 hours. Nevertheless, technical indicators point to a possible price rally. Notably, Tron has surged past the 200-day moving average on the weekly chart, indicating robust bullish momentum. The market sentiment remains optimistic regarding Tron’s performance.
Furthermore, both the weekly RSI and MACD indicators are reinforcing the bullish stance. Interestingly, with continued buyer pressure, there is potential for Tron to kickstart a fresh uptrend and move upward.
Pomerdoge (POMD) Sells Over 50 Million Tokens
Like Tron and Polygon, US crypto traders are also bullish on Pomerdoge (POMD). They have bought millions of tokens in the past week. Pomerdoge distinguishes itself from numerous other meme tokens in the crypto market by creating a memecoin with real-world applications.
This uniqueness has sparked considerable enthusiasm within the crypto community, drawing in a large number of investors. Pomerdoge’s current presale phase offers investors a chance to enter the project at an early stage. Moreover, Pomerdoge is preparing to introduce an innovative P2E game.
This game aims to unite players globally, fostering networking and also creating avenues for earning. Moreover, users can elevate their digital characters to elite status and craft personalized items for their avatars. Subsequently, those players who achieve gold status within Pomer will be granted entry to its exclusive game marketplace, Pomerplace.
This holds immense importance since it serves as the platform where players can trade valuable items, such as gadgets and skins. Pomerdoge token’s price stands at $0.007 per token presently. Analysts have forecasted a price surge of 17x and 50x in the coming months.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge