Table of Contents
- Shiba Inu (SHIB) Making Up for the Lack of Utility
- Pepe (PEPE) Drops 21% on the Weekly Chart
- Pomerdoge (POMD) Offers More Utility Than Competing Meme Coins
- Find out more about the Pomerdoge (POMD) Presale Today:
The meme coin industry has seen the emergence of different tokens in recent years with notable mentions being Shiba Inu (SHIB) and Pepe (PEPE). However, a new meme coin and lay-to-earn token, Pomerdoge (POMD) has joined the race. According to experts, Pomerdoge has more utility and benefits that will make it the meme coin king. Let us look at these benefits and utilities.
Shiba Inu (SHIB) Making Up for the Lack of Utility
Shiba Inu is the main utility token of the Shiba ecosystem. Meanwhile, the token serves several purposes in the ecosystem such as payment of fees and rewards. At the peak in 2021, the Shiba Inu price soared to an all-time high of $0.0000884, a 150,000x increase.
However, the price of Shiba Inu has since dropped in recent months. By press time, the price of Shiba Inu is $0.00000819 today. This represents a 1.11% price decline in the last 24 hours and a 1.70% price decline in the past 7 days.
One significant drawback associated with the Shiba Inu coin is its lack of practical application in the real world. However, the project is making up for this with the recent launch of Shibarium – a layer 2 scalability network for the Shiba Inu ecosystem.
Pepe (PEPE) Drops 21% on the Weekly Chart
The journey of the Pepe coin has been nothing short of impressive since its inception in April 2023. It achieved an unprecedented peak price of $0.000004354 on May 5th, 2023, accompanied by a staggering market capitalization of $1.6 billion.
This achievement positioned Pepe coin among the elite top 50 cryptocurrencies according to market capitalization. However, the subsequent months saw Pepe undergoing a notable correction. The Pepe coin price is valued at $0.000000863347, a decline of 2.61% in its price over the past 24 hours.
Similarly, the price of Pepe coin is showing a substantial decrease of 21.50% on the 7-day chart. Nevertheless, it is important to note that Pepe lacks any practical utility. According to its whitepaper, it is predominantly for entertainment value.
Pomerdoge (POMD) Offers More Utility Than Competing Meme Coins
Unlike Shiba Inu and Pepe, Pomerdoge (POMD) stands out as a hybrid meme coin that goes beyond mere hype, offering tangible utility. Pomerdoge has embarked on the creation of a play-to-earn (P2E) ecosystem.
This will encompass an enticing game (Pomergame), an exclusive NFT marketplace (Pomerplace), and a range of NFT collections. Meanwhile, industry experts confidently project Pomerdoge to dominate the meme coin sector. They believe it has greater practical applications and will benefit from the burgeoning potential within the play-to-earn domain.
According to MarketsandMarkets, the global blockchain gaming sector is anticipated to amass a staggering $65.7 billion by 2027. Notably, the project's integrity has been endorsed through an audit conducted by the reputable SolidProof and Cyberscope, thereby safeguarding user interests.
At the heart of the Pomerdoge ecosystem lies its token, $POMD. Currently available for purchase at $0.0115, the Pomerdoge token serves as a pivotal cornerstone in the Pomerdogeecosystem. The token confers a plethora of advantages, including NFTs, rewards, and exclusive marketplace items.
Find out more about the Pomerdoge (POMD) Presale Today:
Telegram Community: https://t.me/pomerdoge
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.