Cardano (ADA) and Solana (SOL) have experienced problems that have made investors worried. But, in the middle of this negativity, a new competitor, Pomerdoge, has come onto the scene.
- Cardano (ADA) struggles to meet high expectations.
- Solana (SOL) faces challenges with the shutdown of the Clockwork project due to financial issues.
- Pomerdoge raised $4.8 million in a month, and is expected to reach $5 million soon.
Cardano (ADA): Struggling to keep up
Cardano (ADA) is having a difficult time keeping up with other cryptocurrencies. Moreover, Cardano (ADA) is currently the eighth-largest cryptocurrency, valued at about $9.16 billion. Cardano (ADA) aimed to do better than Bitcoin and Ethereum, but that goal seems harder to reach now.
Charles Hoskinson, Cardano’s CEO, aimed for ADA to show trust and decentralized control. However, the Cardano (ADA) project struggles to attract users, and handle complex rules. Lately, worries have emerged about Cardano’s (ADA) connection to legal cases with big trading platforms. This adds to doubts about Cardano (ADA).
Although Cardano’s (ADA) price increased slightly in the past week and day, it is still significantly lower (91.43%) compared to its highest value ever.
Solana (SOL) – Losing Hope
Solana (SOL) is having issues, and the closing of the Clockwork project, which automated tasks, makes this clear. Nick Garfield, one of its creators, said that Solana’s (SOL) project couldn’t make money, so it had to stop. This shows how difficult it is for Solana (SOL) to stay strong. The shutdown of Clockwork tells us that even with $4 million, keeping blockchain projects alive isn’t simple.
Solana (SOL) facing problems isn’t uncommon in cryptocurrency. Networks like Algorand and Everledger also struggled due to money issues. Solana (SOL) lost 2.54% in the past week, and is 92.10% below its top value, showing a tough path ahead.
Pomerdoge (POMD): The Next Big Thing in Crypto
The number of people playing P2E games every day went up from 2.3 million in early 2022 to 2.8 million in the middle of 2022. Pomerdoge project is ready to take advantage of this trend with its innovative features.
It is a fresh P2E platform getting noticed for its special features. Just in a month, the platform collected more than $4.8 million. The next part of its early sale, and the coming Pomermerch goods and NFT collection are making people even more interested.
While Cardano (ADA) and Solana (SOL) struggle, Pomerdoge stands out by mixing meme coin fun with real-world usefulness. It will launch a P2E game, a place to buy and sell, and a battle area. People can earn, use items they have, and be part of a lively community. Currently, the token is worth $0.0165, which offers a good chance for early investors.
In a time when the cryptocurrency market is uncertain, POMD stands out because of its clear purpose, and innovation. With POMD ready to power the platform’s growth, investors eagerly seek involvement to reap the rewards.
Visit the links below for more information about Pomerdoge (POMD):
Telegram Community: https://t.me/pomerdoge
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.