Stellar (XLM) and Axie Infinity (AXS) on a Free Fall As Pomerdoge (POMD) Gains More Ground

There has been a massive downturn in the crypto market recently with Stellar (XLM) and Axie Infinity (AXS) among the tokens affected. The decline in the price of the tokens has made investors search for alternative projects that guarantee high ROI. On the other hand, Pomerdoge has attracted top investors with its unique offerings.  

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Can Stellar (XLM) See a Resurgence?

In the past weeks, the Stellar (XLM) token has been experiencing extended bearishness in price value. Stellar price dropped by  15% within the last 30 days. So far, there are no signs of the token pulling a reversal. 

However, analysts are not expecting the XLM token to go below the $0.10 support level. Crypto price prediction platforms such as Bitnation project the token price to reach $0.18 before the end of the year. For now, Stellar is not doing great in the crypto market and a look at viable investment alternatives is on the cards for investors.

There are also other opinions that the token could rally soon if the Stellar Development Foundation’s smart contract platform, Soroban launch is successful. Soroban is nearing its official mainnet launch after being on the public preview releases for over a year. The launch will increase the token’s use cause, which might lead to a price increase. 

Axie Infinity (AXS) Bearish Run Continues

Stats are not looking good for Axie Infinity (AXS) as the token continues its downtrend in the crypto market. Since the beginning of August, Axie Infinity has not been able to hit the $5 benchmark. 

While the token’s bearish movement continues, there are fears that the token might fall below the $4 support level.  However, experts believe Axie Infinity won’t reach that worst-case scenario. 

According to a forecast by Changelly, the Axie Infinity token will trade above $6 in September. While waiting for a resurgence, most investors are moving to alternative crypto projects that guarantee profits.

Pomerdoge (POMD) Welcomes New Batch of Investors Into Their Project

Following the extended bearishness of both Axie Infinity and Stellar, investors from these projects have identified Pomerdoge as a fast-rising project with high growth potential. This is in view of the surging reputation of Pomerdoge as the token maintains steady growth despite the general market downturn.

Pomerdoge is a P2E gaming platform with an innovative environment to connect gamers across the globe. Individuals can also network on the platform while they compete. Pomerdoge consists of the Pomerdoge marketplace (Pomerplace), where users can sell, trade or buy in-game items. 

There is also the Pomerdoge gaming platform (Pomergame), where revenue earned will be shared among presale investors. The platform will also have a 7,777 NFTs collection that will be available only to presale buyers. 

Also, the token’s liquidity will be locked for life. The project has passed its audit carried out by SolidProof and Cyberscope auditors. 

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