The volatile crypto market is characterized by price fluctuations, with tokens like Toncoin (TON) and Filecoin (FIL) trading downwards in recent days. While the prices of these cryptocurrencies are experiencing huge declines, Pomeranto (POMD) has emerged, promising 17x gains after its launch.
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Toncoin (TON): Downtrend despite market relevance
TonCoin (TON) is a decentralized layer-1 blockchain platform that uses a proof-of-stake (PoS) consensus model. Its value proposition revolves around providing fast, secure and transparent payment services to customers. TonCoin also helps facilitate transactions with minimal fees, including through third-party applications.
However, while Toncoin has recently experienced a significant increase in its price, it is trading in a downtrend. This can be attributed to concerns over the broader crypto market and low investor sentiment.
Although it is likely to accelerate in the future, its near-term feasibility has come under scrutiny. Nevertheless, it remains the top token in the crypto market, ranking 11th by market capitalization.
Filecoin (FIL): Low adoption contributes to decline
Filecoin (FIL) is a decentralized storage system, whose mainnet will launch in 2020. This peer-to-peer storage network intends to disrupt digital storage through blockchain technology, which it has achieved to some extent. At the time of writing, Filecoin is ranked 31st by market cap in the global crypto market.
The token has solid utility, including payment for data storage, delivery services, and other transactions. However, despite its unique concept that covers decentralized storage solutions and its utility, Filecoin has been in decline for most of its price charts.
While low broader market sentiment has contributed to its decline, other factors have influenced this depreciation. This includes a lack of adoption, leaving investors concerned about its future price trajectory.
Pommerdoge (POMD): A token with 17x growth potential
Amid the declines in Toncoin and Filecoin, Pomerandog has emerged with an attractive promise: 17x profits after launch. This ambitious target has generated curiosity and interest among enthusiasts, attracting both retail and institutional investors. This has already contributed to tremendous pre-sale participation, with over $3.4 million raised as of press time.
Pomerandog’s value proposition, which focuses on play-to-earn (P2E) and non-fungible tokens (NFTs), will help it achieve its ambitious goal. Furthermore, as a mix between two of the most popular trends in the crypto landscape, it is set to experience mass adoption.
The upcoming P2E game in its ecosystem promises global networking and an exciting gaming experience. Additionally, players will earn tokens while playing the game, giving them access to NFTs on the platform. Additionally, players can trade items collected while playing games within its gaming marketplace.
Additionally, its NFT collection, consisting of 7,777 digital collectibles, will play a key role in delivering on its promise of 17x returns. Interestingly, the NFTs are only available to presale token holders and can be purchased on the platform.
The POMD token presale is trending at a cheap price of $0.0165, which is a competitive entry point given its amazing growth potential. Its strong ecosystem and solid utility will help it reach its ambitious target. Therefore, it is a more profitable alternative investment than Tokencoin or Filecoin.
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Disclosure: This is a sponsored press release. Please do your research before purchasing any cryptocurrency or investing in any project. Read full disclosure here.