The recent dip in the crypto market has caused some investors to move away from Cronos (CRO) and 1inch Network (1INCH). Once deemed highly promising projects, these two popular tokens have lost substantial share in recent months. In contrast, investors are rushing into memecoin Pomerdoge (POMD) as they seek to secure their spot ahead of the 4,000% surge in Q3 2023.
Learn More About The Pomerdoge (POMD) Presale
Investors Lost Interest in Cronos After Losing Over 50% of Its Value
Cronos (CRO) is the native cryptocurrency token of Cronos Chain, a decentralized, open-source blockchain developed by the Crypto.com payment, trading, and financial services company. However, many analysts believe that the price of the CRO token is falling and not moving up due to the fact that the Cronos Blockchain doesn’t have a decent ecosystem.
Follow CryptoMode on Twitter, Youtube and TikTok for news updates! They believe that the ecosystem will need to make significant development efforts in the next 12 months to gain a competitive advantage over other players. Due to this, Cronos has not been widely adopted.
Although launched in 2021, Cronos has not achieved the same adoption levels as Ethereum and Solana, other major blockchains. This is likely because the Cronos network does not currently have as many developers or decentralized applications as other blockchains.
Whatever the reasons, the dip has caused many investors to lose faith in Cronos (CRO). This is reflected in the price of the token, which has fallen by more than 60% in the past year.
Analysts Shift Focus Away from 1inch (1INCH)
The 1inch Network (1INCH) is a decentralized protocol that aggregates liquidity from various decentralized exchanges to provide users with the best possible prices on their trades. However, the 1INCH token, the native currency of the 1inch Network, has been on a downward trend in recent weeks, losing over 96% of its value since its all-time high in 2021.
There are a number of factors that could be contributing to the decline in the value of 1inch. One possibility is that investors are concerned about the security of the 1inch Network.
In May 2023, researchers uncovered a network vulnerability potentially enabling hackers to pilfer user funds. Although the flaw was promptly fixed, it might have rattled investor trust in the project.
While 1inch may experience some positive price movement in the near future, we believe it would be better to look for other opportunities with greater growth potential.
Investors Move to Pomerdoge as Memecoin Prepares to Rise 4,000%
Investors are abuzz with anticipation as Pomerdoge gears up for a launch. Analysts predict an impressive 4,000% surge when it launches—an opportunity that could earn you high returns.
The Pomerdoge ecosystem comprises a play to earn game – Pomergame, native token POMD, a marketplace for buying, selling or trading in-game items and a rare NFT collection. The project has been audited by SOLIDProof and Cyberscope to keep investors protected from any scams.
Similarly, when you buy POMD tokens, you’ll unlock access to a special collection of 7,777 unique NFTs. These tokens could become super valuable as the ecosystem grows, you can get the POMD token now for only $0.007.
This is your chance to get in on the ground floor before the price rises. It is no surprise that investors and top analysts are closely watching Pomerdoge, as it positions itself to surpass Cronos, 1inch, and other leading coins in the market.
Find out more about the Pomerdoge (POMD) Presale Today
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website.
