Cryptocurrencies are in the spotlight as analysts scour the market for hidden treasures. We’ll examine three analysts’ perspectives on three intriguing cryptocurrencies in this article: Polygon (MATIC), Tron (TRX), and Pomerdoge (POMD). Let’s look at the reasoning behind their selections.
Polygon (MATIC) Holding On To Support
Scalability is one of the critical problems facing the blockchain community, and Polygon (MATIC) has emerged as a solution. Blockchain is intended to become more effective and user-friendly thanks to Polygon’s layer 2 scaling solution. Consequently, it enables quicker and less expensive transactions while retaining network security and decentralization.
The market has steadily declined, with only a few uptrends in the past 7 days. Polygon has held on to its crucial support at $0.647, bouncing after the bears pushed the price to that level. As a result, the token is now seeing a mild reversal and is currently trading at $0.677
However, analysts have predicted a close above $0.71 will signal more green runs for Polygon(MATIC), which puts it among the top three picks for 2023.
Tron (TRX) Could Crash More Than 10% Amid Huobi Rumors
The most recent cryptocurrency site to come under the scrutiny of crypto detectives is the Huobi exchange. Crypto analyst Adam Cochran made a speculative claim about Tron founder, Justin Sun, using the Huobi exchange as his piggy bank on the social media network X. Additionally, he said that the platform might be bankrupt and asked consumers to withdraw their money.
Furthermore, Cochran claims that Justin Sun, who is in charge of the Huobi exchange, might be concealing Huobi’s insolvency. The token TRX price of Sun’s Tron project has dropped 18% in the last 17 days. This decline can continue if the unproven reports are accurate and put him in legal jeopardy.
On the other hand, if the price of Tron produces a higher high above $0.08571, a higher high in relation to the swing high would be made. Such a move might draw in underperforming investors and boost purchasing pressure, leading Tron to a rebound.
Top Analysts Predict 4,000% ROI for Pomerdoge
While Polygon and Tron are on a bearish price trend on the chart, Pomerdoge has been picked as the best crypto to buy into. Pomerdoge is a new P2E project that has grabbed notice in the blockchain gaming market with its presale.
The NFT collection, Pomerplace and Pomergame, will comprise the platform’s three primary ecosystem building blocks. Firstly, Pomergame will function as a gaming hub that pays players for their time. As a result, this will provide a social framework on the platform that will allow players to connect and engage in competition.
#Pomercrew we would like to announce that we now have a referral system in place.— Pomerdoge (@pomerdoge) August 7, 2023
For everyone you refer you will receive a 10% additional bonus for life on the lifetime transactions of your referee.
Your referee will also earn a 10% additional bonus on their first order.… pic.twitter.com/0KTrzhWkhc
Meanwhile, experts are optimistic about Pomerdoge at the moment. The market valuation of P2E ecosystems has increased by more than 2,000% since Q1 2022. In other words, this bodes well for Pomerdoge’s future price increase and prospects. The token presale has seen a startling rise of investors..
With no purchase or sell taxes, investors and players can participate in the stage one POMD token presale for $0.007. A notable aspect that makes this possibility attractive is that market analysts predict a possible ROI of 4,000%.
Find out more about the Pomerdoge (POMD) Presale Today
Telegram Community: https://t.me/pomerdoge