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Toncoin’s (TON) Potential In Question

August 21, 2023
in Crypto News
Reading Time: 4 mins read
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Toncoin’s (TON) Potential In Question
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If you are searching for a cryptocurrency to make an investment, Pomerdoge is the most profitable option to choose. Given an enormous demand for its presale, the project, according to experts, can rise by 40x in the next four months.

Meanwhile, investors have started questioning the viability of Toncoin (TON) due to its recent poor performances.

Summary

  • 92% of the Toncoin (TON) holders are suffering losses.
  • Pomerdoge has raised more than $630,000 during the presale stage 1.

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

Toncoin (TON) Suffers Severe Drop In Growth Metrics

Toncoin (TON) is a layer-1 blockchain, which is facing severe competition from other networks. As per the project’s whitepaper, the network has the potential to cater to “billions of users.” Toncoin (TON) shot to fame largely due to its now-ended association with Telegram, a global messaging platform. Although Telegram and Toncoin (TON) are not associated anymore, the blockchain still holds importance, given the expanding crypto space.

However, with the increasing demand for its competitive networks, Toncoin (TON) has faced several market challenges in recent months. In fact, the introduction of Shibarium, a layer-2 solution, has also negatively impacted the demand for Toncoin (TON). The latest on-chain data reveals that its network health has degenerated in recent weeks.

As per the data from Santiment, the number of active addresses on the Toncoin (TON) network has declined. While Toncoin’s (TON) active addresses count was 300 on July 29, it came down to 163 on August 11. The development activity count of Toncoin (TON) has also tumbled in the past few weeks.

Subsequently, the price of Toncoin (TON) has plummeted by more than 7% over the last 30 days. Thus, the current trading price of Toncoin (TON) has come down to $1.26. As a result, most of its holders are suffering losses. According to IntoTheBlock’s data, 92% of the Toncoin (TON) holders are in the red zone, while only 5% of its investors are making profits.

Pomerdoge (POMD) Shines Brighter As Presale Value Increases

The industry of global play-to-earn (P2E) NFT games is predicted to rise to $8,856.95 million over the next five years. It shows the growing prominence and expansion of the blockchain gaming industry. A new platform, Pomerdoge, has introduced an exciting P2E meme coin, which is set to further boost the industry.

Amazing! We have now raised over $1,000,000 in exactly three weeks. We are thrilled at the community we have, everyone says they have the best but we truly believe we are up there!

Now onto the next milestones, we have almost 1,500 holders now.

Follow us for the latest crypto news!

We really want to become the… pic.twitter.com/CaIt64n0DN

— Pomerdoge (@pomerdoge) August 17, 2023

Pomerdoge has announced that it will soon launch a P2E game called Pomergame. In this game, people will be able to build their avatars, and create custom items for their characters. After becoming a gold-status Pomer holder, players will be eligible to sell, buy, or trade in-game assets.

To facilitate the trade of in-game assets, Pomerdoge has also proposed the launch of Pomerplace. It will be a battle arena as well as a marketplace where gamers could compete for rewards and earn money.

Pomerdoge will also launch 7,777 unique NFTs, which will come with many benefits for their owners. However, the project developers will disclose all benefits near the launch date. Pomerdoge’s token smart contract has been audited by Cyber Scope and Solid Proof.

The presale of Pomerdoge is live, and currently in stage 1. It has already raised a whopping amount of more than $630,000 to date. The price of a POMD token has increased from $0.007 to $0.008. Moreover, its market value can soar by 1,700% during the presale round. Post-presale, the tokens will hit the Uniswap exchange.

Find out more about the Pomerdoge (POMD) Presale Today

Website: https://pomerdoge.com/

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

Crypto News Flash Disclaimer: This publication is sponsored. Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should conduct their own research before taking any actions related to the company. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.


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