The Sandbox and Decentraland investors are investing in Pomerdoge to regain their losses as the metaverse hype dies down.
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The craze surrounding the metaverse concept is gradually diminishing. As a result, The Sandbox (SAND) and Decentraland (MANA) are currently in a downward trend. Meanwhile, investors are turning their attention to newer and promising projects like Pomerdoge. Pomerdoge is an upcoming P2E game that aims to bridge the gap between crypto and blockchain gaming.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
The Sandbox (SAND) Investors Looking for Alternatives
The Sandbox (SAND) is one of the top tokens in the metaverse sector with a market capitalization of $627 million. Interestingly, The Sandbox crypto garnered huge attention as it merged the gaming and metaverse space.
Unfortunately, The Sandbox's initial attention waned, and its value dropped from its peak value of $8.44. As a result, the Sandbox price has dropped to a low of $0.37. Despite its numerous contests and new launches, the Sandbox token has displayed a notable lack of upward momentum. Consequently, investor enthusiasm for The Sandbox coin has dwindled.
This has prompted them to seek out the next promising opportunity that can yield substantial profits. According to reports, The Sandbox investors are now investing in Pomerdoge which has shown bullish momentum so far.
Will Decentraland (MANA) Recover From Bearish Cycle?
Since February 2023, Decentraland crypto has been experiencing a consistent downtrend. This downward trajectory has led to the formation of new lows, coupled with several short-term pullbacks.
In June of 2023, the Decentraland coin entered a bullish phase, with its value climbing to $0.50. However, this upward momentum was short-lived as bulls met bearish pressure at $0.44. As a result of bearish action, the Decentraland (MANA) price has dropped to $0.29165.
According to the Coincodex MANA coin price prediction, the price of the altcoin is forecasted to rise by 11.62% and reach $ 0.326498 by September 10, 2023.
Pomerdoge (POMD) To Launch A New Play-to-Earn Game Called Pomergame
In recent months, the market acceptance of play-to-earn (P2E) games has surged tremendously. As per a market report, the P2E gaming market size will reach $3,618.4 million by 2028. As a result, Pomerdoge (POMD) will be launching a new P2E game called Pomergame. The aim is to capitalize on the P2E gaming market's significant growth potential.
Gamers will be able to communicate and enjoy competitive gameplay while earning rewards. In addition, players can develop their characters and create unique custom items for their avatars. Those who reach Pomer status can trade their in-game items and skins on the Pomerplace marketplace.
Meanwhile, the platform is set to launch a collection of 7,777 NFTs in September. Each NFT will have its own distinctive utility and value within the ecosystem. These NFTs promise a range of benefits. However, Pomerdoge has not yet disclosed what they are.
Only those who buy the POMD token will have access to these NFTs. In terms of security, the platform's smart contracts have undergone audits conducted by SolidProof and Cyber Scope. Presently, Pomerdoge is in the initial phase of its presale and is available at just $0.0115 per token.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
“Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.”
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