- Binance Coin (BNB) experiences a downtrend despite the exchange’s significant progress, leaving stakeholders speculating on a potential bounce back.
- Pomerdoge, a play-to-earn gaming token, is capturing the gaming sector’s attention with its rewarding ecosystem.
Despite facing regulatory battles, leading cryptocurrency exchange, Binance, has made substantial strides in 2023. However, this hasn’t reflected on the price trajectory of its native token, Binance Coin (BNB), which has remained in a downtrend. This situation raises the inevitable question – can Binance Coin bounce back? Meanwhile, there’s a new player in the gaming sector – Pomerdoge, a play-to-earn (P2E) gaming token, promising substantial utility and rewards within its ecosystem.
BNB’s Struggles Amid Binance’s Growth
Binance continues to innovate in the face of adversity, including regulatory pressure from authorities like the SEC and CFTC. It is planning to restart full services in Japan this August, an event anticipated to trigger a rally for Binance Coin. In the meantime, Binance Pool has introduced mining services for Bitcoin Cash, further enhancing its portfolio.
However, the bulls seem unable to drive Binance Coin’s price past the $250 resistance, with the token trading below $245 in recent days. As per CoinMarketCap, the token’s price stands at $240.82. For a price rally to kick off, Binance Coin will need to overcome the $245 resistance, followed by the $250 mark. Failure to breach the $245 resistance could lead the price to retreat towards the first support level at $236.
Pomerdoge: A Rewarding Prospect for Gamers
As Binance Coin grapples with price recovery, Pomerdoge is making a splash in the gaming and crypto space. Its ongoing token presale is attracting investors from all corners of the crypto ecosystem.
Pomerdoge is in the process of creating a platform tailored for gamers’ needs. This platform allows gamers to earn rewards, upgrade their characters, and trade valuable assets like game skins. Pomerdoge’s game center, Pomergame, is an integral part of the ecosystem, where players earn rewards and compensation for their gameplay time.
With audits from SolidProof and Cyberscope already completed, Pomerdoge shows its commitment to user safety and security. POMD token holders are in for some exclusive privileges, as Pomerdoge plans to launch a unique collection of 7,777 NFTs accessible only to them. Currently priced at $0.007 in its presale’s first stage, Pomerdoge is predicted by market experts to experience considerable price surges in the upcoming months, promising a 4,000% ROI for early buyers.