The presale launch of Pomerdoge has increased the excitement level in the crypto world. Whales have shown a tremendous interest in POMD tokens. Experts predict it to grow by a minimum of 4,000% by the end of 2023.
Meanwhile, a new stablecoin, PayPal USD (PYUSD), has also garnered some market attention.
- The Bank of America stated that the adoption of PayPal USD (PYUSD) will not be significant in the near term.
- Pomerdoge presale stage 1 has raised about $690,000 to date.
PayPal USD (PYUSD) May Take Some Time To Pick The Pace
Stablecoins have gained massive ground in recent times, and a global payments giant has become a new entrant in this arena. Recently, PayPal announced the launch of its stablecoin, PayPal USD (PYUSD). Moreover, the company has pegged PayPal USD (PYUSD) to the US dollar, which is one of the first US financial firms to launch its stablecoin. According to experts, it is a major move by PayPal, given the current regulatory uncertainties around cryptocurrencies in the US.
Paxos, the popular white-label stablecoin maker, will issue PayPal USD (PYUSD). As per a report, PayPal USD (PYUSD) will have the backing of short-term treasuries, USD deposits, and other cash equivalents. In the initial phase, users can use PayPal USD (PYUSD) for Web3 and crypto services. However, PayPal has plans to introduce PayPal USD (PYUSD) for low-cost payments and transfer services.
The adoption of PayPal USD (PYUSD) will take some time to go up. Recently, the Bank of America stated that the adoption, and use of PayPal USD (PYUSD), is likely to be insignificant in the near term. Meanwhile, some experts have criticized PayPal USD (PYUSD) for its centralization feature. Moreover, they have stated that PayPal USD (PYUSD) is likely to be the same as a central bank digital currency.
Pomerdoge (POMD) Sails Faster During The Presale Stage 1
Bringing new excitement to the crypto world, Pomerdoge has developed a to-be-launched play-2-earn (P2E) meme coin. Its presale has witnessed a gigantic demand, and market acceptance. It has raised more than $690,000 within two weeks of its presale kickoff. Additionally, reports suggest that the revenue of the blockchain gaming market can jump at a whopping CAGR of 70.3% over the next four years. Hence, experts are confident about Pomerdoge’s historic rise.
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.
We really want to become the… pic.twitter.com/CaIt64n0DN
— Pomerdoge (@pomerdoge) August 17, 2023
It has unveiled Pomergame, a new P2E game with several features. Pomergame empowers players to earn money while playing. Players get paid for the time they spend in the game. They can also create characters, and custom in-game items to level up their avatars to elite statuses. Additionally, if players are gold-status Pomer holders, they get eligibility to sell or trade in-game items with other members. Trading, buying, and selling of valuable in-game items will occur at Pomerplace.
The ecosystem of Pomerdoge is made up of three major elements: Pomerplace, Pomergame, and NFTs. Each has its distinct functionality, and POMD will be the native crypto of the Pomerdoge ecosystem.
The platform’s presale is creating a new record every day, during its ongoing stage 1. The price of a presale POMD token has traveled from $0.007 to $0.008 within a few days. Market predictions say that the value of these tokens will go as high as 17x during the presale phase. POMD tokens will become available on Uniswap after the presale round culminates.
Find out more about the Pomerdoge (POMD) Presale Today
Telegram Community: https://t.me/pomerdoge
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