Solana and Stellar Headlines the Dip in Crypto Market as Buyers Seek Out Pomerdoge
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The crypto market has not been particularly favorable to Solana (SOL) and Stellar (XLM) investors. This is a result of the current dip in the price of both tokens. However, the same investors are finding respite in the Pomerdoge (POMD) token which is showing high potential for a 20x growth in the coming months.
Solana (SOL) Maintains Positive Trading Volume as Price Dips
Solana has experienced a decline of 3.69% in the last 24 hours. This sees SOL trading at $22.55 at the time of writing. However, the trading volume of Solana has experienced a 4.50% increase in the last 24 hours. This brings the trading volume of Solana to $346.22M within the past day.
Zooming out, the price of Solana has been on a steady decline as is evident in the stats of the last 7 and 14 days where it lost 10% and 12% of price value respectively. As it stands, Solana is 91% less than the token's all-time high of $259 which was reached on November 6th, 2021.
Stellar (XLM) Loses Ground Amid the Dipping Prices of Tokens in the Crypto Market
Stellar is one of the many crypto tokens to experience a bearish run according to the latest price analysis in the crypto market. In the last 24 hours, Stellar has lost 3.75% of its price value which sees the token trade at $0.0136 at the time of this writing. In the same way, the trading volume of Stellar has also lost over 11% in market activity in the last 24 hours.
But the bearish run of Stellar dates back to the last two weeks when the token lost over 16% of its price value. The last seven days were not favorable either as the token took a 13% loss which buttressed the extended negative price action of the token.
Currently, statistics have shown that Stellar has lost over 84% of its value since it reached an all time high of 093 on January 4rd, 2018.
Pomerdoge (POMD) to Oversee an Exponential Price Performance
While the prices of tokens have been on a downward spiral in the past few days, Pomerdoge has continued to show an exceptional growth potential which is prompting both big and small-scale investors to buy into the project.
Pomerdoge is a utility token that grants a percentage of revenue earned from its gaming to investors. Moreso, Pomerdoge will create a collection of 7,777 high-value NFTs that will only be accessible to presale investors.
You can be a presale investor when you buy the Pomerdoge token which sells at the price of only $0.007. As most investors know, early investment into solid projects like Pomerdoge is where significant profits are made.
The security of the Pomerdoge project has been certified thanks to the audit from SolidProof and Cyberscope. Also, the liquidity of the POMD token will be locked for life to ensure the utmost safety of investors' investments.