By Guest Writer •
Published: 22 Sep 2023 • 9:24
After weeks of downward and sideways trading, the crypto market is back in bull territory. As a result, altcoins are currently showing massive recovery with many tokens including Toncoin (TON), Aave (AAVE), and Pomerdoge (POMD) seeing price gains.
Toncoin is the native cryptocurrency within The Open Network (TON) blockchain. It plays a major role in facilitating network operations, powering transactions, and supporting various applications such as games on the Toncoin ecosystem.
Meanwhile, the TON price is currently under bullish momentum. This comes after Telegram announced on September 13th that it would unveil a self-custody cryptocurrency wallet for its 800m users. This announcement has boosted investor confidence.
Analysts and investors believe this new initiative will increase the adoption of the Toincoin network. The Toncoin value soared by 44% from a low of $1.69 on September 13th to a high of $2.52 on September 19th. If the bullish momentum continues, the value of Toncoin could test the $3 level.
Aave is a decentralized money market protocol where users can borrow and lend cryptocurrency. Just like Toncoin, Aave’s native token has rallied 18% in the past 7 days reaching $62.32. The Aave crypto has recorded 17/30 (57%) green days with 3.02% price volatility over the last 30 days.
Meanwhile, Aave price prediction shows that the token will remain above the $60 mark in September if more buyers enter the market.
If the Aave token manages to sustain this recovery, it could reach the $70 mark. However, if bearish pressure sets in, Aave’s value could drop to the $50 region.
Toncoin And Aave are not the only tokens seeing price gains. The price of Pomerdoge (POMD) has soared by more than 150% in the past two months from $0.007 to $0.0165. Pomerdoge is creating a Play-to-Earn (P2E) gaming ecosystem. Here, players worldwide can compete and earn tangible rewards and in-game assets.
Also, Pomerdoge will offer a variety of opportunities, competitions, and passive income streams. Furthermore, the Pomerdoge ecosystem will consist of three main pillars. They include Pomergame (an exciting game), Pomerplace (an NFT marketplace and battle arena), and NFT collections.
On Pomergame, players will be able to create avatars and win prizes as they go on tasks and quests. Interestingly, they can then sell or trade these acquired items on Pomerplace. Currently, Pomerdoge is hosting weekly contests and competitions where players have the chance to win up to $100,000 in weekly prizes.
As the project continues to grow, cryptocurrency experts anticipate the possibility of a significant rally for Pomerdoge. Presently, POMD tokens are available at a price of $0.0165 per token. Analysts have projected a 1,700% increase, with Pomerdoge reaching a high of $0.25 in the coming months.
Find out more about the Pomerdoge (POMD) Presale Today:
Telegram Community: https://t.me/pomerdoge
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
Thank you for taking the time to read this article. Do remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories and remember, you can also follow us on Facebook and Instagram.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our
Download our media pack in either English or Spanish.