Home | Crypto News | Why Are Stellar (XLM) and Elrond (EGLD) Struggling While Pomerdoge (POMD) Buyers Set For 30x

Why Are Stellar (XLM) and Elrond (EGLD) Struggling While Pomerdoge (POMD) Buyers Set For 30x

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As the crypto world is expanding, investment options are increasing too. However, the prevailing market uncertainty has crippled long-standing projects like Stellar (XLM), and Elrond (EGLD). Therefore, investors have flocked to Pomerdoge. It is a new project, which has attracted whales with its 4,000% growth potential.

Summary

  • Stellar (XLM) has invested in MoneyGram to expand its business.
  • Elrond (EGLD) has begun the registration process for xDay Hackathon.
  • Pomerdoge’s value is expected to rise by 4,000% in the next four months.

Click Here To Find Out More About The Pomerdoge (POMD) Presale

Stellar (XLM) Becomes A Minority Investor In MoneyGram

Recently, Stellar (XLM) announced that it has become a minority investor in MoneyGram International, a global payments giant. It is a first-of-a-kind investment from Stellar (XLM), as the network has used money from its own cash treasury.

However, Stellar (XLM) has not disclosed the amount that it has invested in MoneyGram. As per the official announcement by Stellar (XLM), the invested money will be used to explore blockchain technology, and expand its digital business.

However, the market has not responded positively to this development. The trading price of Stellar (XLM) has plummeted by more than 19% in the past seven days. Currently, Stellar (XLM) is trading at $0.11.

Elrond (EGLD) Begins xDay Hackathon

Elrond (EGLD), now called MultiversX, has been under tremendous selling pressure lately. Subsequently, the market value of Elrond (EGLD) has declined by 26% in the last 30 days. At press time, an Elrond (EGLD) token is available to trade at $26.98.

To tackle this situation, Elrond (EGLD) has taken steps that will increase its network activity, and attract new users. Elrond (EGLD) has now opened registrations for its xDay Hackathon. With this hackathon, Elrond (EGLD) aims to attract developers from all levels to its network.

Notably, Elrond (EGLD) will offer prizes, and funding of up to $1 million to selected projects or developers.

Pomerdoge (POMD) Adds More Fuel To Its Presale Engine

Pomerdoge’s high-value proposition and market viability have made it a most sought-after crypto investment. Notably, it has raised a whopping $1.2 million in just a few days of its launch. Since the blockchain gaming industry is flourishing, Pomerdoge can soon become a blue-chip project.

It is a play-2-earn (P2E) meme coin, which will soon be launching a new game, Pomergame. The game will offer several features and exciting rewards. It will enable gamers to generate income while enjoying the game. Pomergame will allow players to build characters using their creativity. Moreover, players can create customized in-game assets to upgrade their avatars.

Other elements of the ecosystem are Pomerplace and NFTs. Pomerplace is a marketplace as well as a battle arena. It helps players execute the selling or buying of in-game assets. Pomerplace also helps players go to battles, and win rewards. Interestingly, the platform’s collection of 7,777 NFTs will be accessible only to POMD holders. 

Due to these astonishing features, Pomerdoge has shot up in popularity, and its presale round has become highly profitable. The price of a POMD token has also surged from $0.007 to $0.009 within two weeks. Meanwhile, analysts have predicted that the value of the tokens will skyrocket by 1,700% during the presale phase. Moreover, presale token owners can also win giveaways worth $100,000 along with a $50,000 mega Pomer prize.

Find out more about the Pomerdoge (POMD) Presale Today

Website: https://pomerdoge.com/

Telegram Community: https://t.me/pomerdoge

Jay Solano

Jay Solano

Jay is a crypto and NFT enthusiast dedicated to exploring the dynamic world of digital assets. As a crypto blog writer, he is sharing his knowledge of the latest trends, breakthroughs, and investment opportunities in the blockchain world.

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