By Guest Writer • Published: 09 Sep 2023 • 15:08
Image: Pomerdoge
The crypto market continues to tell a tale of gains, legal battles, and new projects looking to leave its mark on the industry. This article sheds light on the continuous bull run of Binance Coin (BNB), Uniswap’s (UNI) courtroom drama, and a new meme coin challenger, Pomerdoge (POMD) giving them all a run for their investment.
While recent regulatory actions have caused the crypto market to decline, Binance Coin (BNB) has managed to remain bullish. Amidst the current decline, the price of the BNB continues its short-term price increase.
Since rebounding at the $200 support level, BNB has found bullish momentum. With the help of a comeback by the bulls, the BNB token reached highs of $230, before being rejected to the $215 level. In addition, the social volume for the BNB coin has been steadily increasing over the past week.
The majority of the comments from investors are favorable, according to the Sentiments Weighted Sentiment metric. This in addition to the increase in open interest supports that the BNB coin could rally back as high as $230 in the coming week.
A lawsuit was brought by a group of investors in April 2022 against the Uniswap exchange and its founder Hayden Adams. These investors asserted that by enabling the trading of unregistered securities, the DeFi platform broke American securities regulations.
The lawsuit was filed to make Uniswap liable for investors’ losses due to fraudulent tokens. The action was dismissed by the US federal court on August 30, 2023, because the SEC had failed to establish that UniSwap (UNI) or Ethereum satisfied the requirements of the Howey test.
This represented a significant win for the crypto market and the price of Uniswap. Although the current Uniswap price chart is bearish, the Uniswap price could look to rally above $5 given its recent court victory.
While the cryptocurrency market remains bearish, investors turn to Pomergoge (POMD) which is currently making all the headlines. Pomerdoge the newest buzz in the gaming industry is a new P2E gaming platform that fosters global player interaction.
The social infrastructure of Pomerdoge serves as an arena for both competition and online networking. Infusing meme coin components into its P2E game, investors are turning to Pomerdoge as the meme coin of 2023 and could unseat the likes of Shiba Inu, Dogecoin, and Pepe.
Amidst this, are the weekly tournaments that will be held in designated areas. Here, players within the game can earn cash as they play plus the incentive of receiving weekly prizes worth over $100,000 plus $50,000 worth of Pomertokens known as (POMD).
The project has already raised more than $2 million in less than two weeks, as investors are attracted to the next big thing in the meme coin space. Market analysts predict that Pomerdoge’s worth will increase by up to 4,000% by the end of 2023. Investors have a chance to buy the POMD tokens at a giveaway price of $0.0115 per token.
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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