By Guest Writer • Updated: 26 Aug 2023 • 14:19
Image:Pomerdoge
What are the chances for meme coins, Dogecoin (DOGE) and Floki Inu (FLOKI), to compete with Pomerdoge (POMD)? Let’s find out.
Does Dogecoin (DOGE) Plan to Switch to Proof of Stake Consensus Mechanism
Similar to Bitcoin, Dogecoin (DOGE) uses the proof of work consensus mechanism to facilitate transactions. However, the company is planning to switch to proof of stake. In fact, the idea was first proposed in 2014 due to mining issues. However, no such development occurred.
Recently, Marshall Hayner conducted a poll on X, asking if the community would stake Dogecoin (DOGE), if they could. 60% of the voters said no. Patrick Lodder, Dogecoin’s (DOGE) core developer, said the poll was the tip of the iceberg.
Apparently, many discussions happened over the years with no result. Another Dogecoin (DOGE) core developer, Xanimo, agreed with the other two. He said the community has become hyper-reactionary due to excessive misinformation on the internet.
In other news, Dogecoin (DOGE) gained marginally at press time, and is at $0.06262. There is a slight increase in the market cap, and trading volume too. However, Dogecoin (DOGE) is well below the $0.0707 mark. Furthermore, the price is down by 12.69% in the last 30 days.
Floki Inu (FLOKI) isn’t having a good time in the crypto market. However, it is working hard to offer new updates and features to users. Last week, Floki Inu’s (FLOKI) crypto locker went live on opBNB testnet. According to the company, this will speed up the adoption of Floki Inu (FLOKI).
Furthermore, the Floki Inu (FLOKI) ecosystem has a Valhalla game where users can get NFTs in the Metaverse. It also includes FlokiPlaces, Prepaid Cards, and the University of Floki. The Floki Inu (FLOKI) team recently shared an update about New World, the latest Valhalla Patch in the game.
In other news, the price of the Floki Inu (FLOKI) token is down by 0.58% in the last 24 hours. The token’s price is $0.00001818, at press time. Despite the downward price movement, Floki Inu (FLOKI) is gaining high social engagement. The token was in the second position among the top meme coins ranked by social engagement.
Pomerdoge is the newest P2E game in the crypto market. Users from around the globe can play, earn, and transact on the platform. The ecosystem with Pomergame and Pomerplace will provide many opportunities for investors.
Furthermore, the platform has a unique collection of 7,777 NFTs priced at just 0.2 ETH each. Additionally, users who own the native token, POMD, can earn a percentage of the platform’s revenue. Pomerdoge will enable seamless marketplace transactions between different gamers. Moreover, the token’s price has jumped from $0.008 to $0.009. Analysts say it will grow by 4,000% in the coming days.
Statistics show the value of the crypto gaming market will touch $20 billion in 2023. Needless to say, this is the right time to invest in Pomerdoge, and benefit in the long run. The platform has raised over $1.38 million. Finally, Pomerdoge will be launched in Q4 of 2023.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost
AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido
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