Ripple’s SEC Saga Continues As XRP Price Drops, Pomerdoge (POMD) Presale Attracts Investors
According to recent events, it appears that the Ripple and SEC saga will continue into 2024 despite the former’s latest win. Moreover, Ripple’s native token which soared 80% at the time of the victory has lost all of its gains. On the other hand, Pomerdoge’s token presale is gaining traction. According to on-chain data, investors have bought over 150 million tokens in the past few weeks.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
XRP Price Drops As Ripple and SEC Look Forward To Appeal
Last month, Ripple Labs sealed a temporary win against the US Securities and Exchange Commission (SEC) over the classification of the XRP token. Unfortunately, things have taken a different turn as a cloud of uncertainty has once again descended upon the case.
Meanwhile, both Ripple and the SEC have reaffirmed their commitment to progressing with the appeal during Q2 2024. However, a notable figure within the XRP community, lawyer Fred Rispoli, has stated otherwise. Rispoli took to Twitter on August 24th to cast doubt on the long-awaited trial between Ripple executives and the SEC.
He argued that the trial might never come to fruition. In the interim, the price of Ripple has declined by a significant 25% on the monthly chart. This is due mostly to the broader market downturn and the escalating uncertainty surrounding the Ripple-SEC case.
However, it has relinquished nearly all of the gains it secured following the July court ruling. Despite this, XRP has still managed to maintain a 47% increase year-to-date. The Ripple community remains bullish about XRP, and it is the most purchased crypto amongst Gen Z investors in South Korea.
Pomerdoge’s (POMD) 17x Returns Entices Crypto Investors
Pomerdoge (POMD) has attracted significant investor interest in the past few weeks given its price trajectory. The token’s price has increased from $0.007 to $0.009 despite the tumultuous market situation. This project aims to bridge the gap between the gaming and crypto industries using an upcoming play-to-earn crypto game.
We have officially raised over $1,500,000
There are hundreds of orders in pending since the price is increasing in 3 hours we expect this to significantly rise before the price increases to $0.01https://t.co/3Hm1hYrira pic.twitter.com/NLAYMc7vDH
— Pomerdoge (@pomerdoge) August 25, 2023
The new P2E ecosystem has promised to provide gamers worldwide with competitive and enjoyable experiences. The primary objective of the platform is to bring gamers together globally. Interestingly, the blockchain gaming sector is projected to reach a market cap of $65.7 billion by 2027.
As a result, Pomerdoge has great future potential which would make it a major player in the cryptocurrency sector. Notably, the platform has released its native token called the Pomerdoge token ($POMD).
This token will act as the in-game currency, offering exciting rewards, exclusive items, and NFTs for its holders. Besides, Pomerdoge plans to launch a unique collection of 7,777 NFTs next month for POMD holders.
Therefore, Pomerdoge presents an appealing opportunity for new investors to grow their assets. Currently, Pomerdoge is trading at $0.009. Crypto experts have predicted a remarkable 17x price surge for the Pomerdoge token by the end of the year.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
