Whale Leave Stacks (STX) and Chiliz (CHZ) for Pomerdoge (POMD)
As per on-chain data, prominent whales have recently shifted their attention from Stacks (STX) and Chiliz (CHZ). They have embraced the emerging meme coin and gaming token, Pomerdoge (POMD). Besides, analysts and market experts recently forecasted a 4,000% ROI for early investors before the end of 2023.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Chiliz (CHZ) Suffers From SEC Lawsuit
Chiliz (CHZ) serves as the native token for the Socios.com web platform. In early June, Chiliz came under scrutiny due to the US Securities and Exchange Commission's crackdown on alleged securities. At the time, CHZ collapsed as low as $0.065.
While the token has seen price gains in August, it is currently trading below its 2023 high of $0.1779. Currently, Chiliz is $0.076140 today, a 0.32% price decline in the last 24 hours. Meanwhile, the token is showing a 0.34% price increase on the weekly chart.
Currently, the RSI value is at 45.56, which indicates that the Chiliz market is in a neutral position. Meanwhile, Chiliz must surpass the resistance at $0.076655, $0.077404, and $0.077892 to spark a rally.
Stacks (STX): Technical Indicators Point At Bearish Signal
Stacks (STX) has consistently outpaced its competitors since its inception. Furthermore, the price movement of Stacks has mirrored that of Bitcoin over the past two years. Besides the launch of Stacks 2.0 significantly bolstered bullish sentiment among investors.
However, Stacks' price trajectory in 2023 has been disappointing. According to CoinMarketCap, the price of STX is $0.587395 today, a 0.63% price decline in the last 24 hours. Meanwhile, Stacks is still showing a 3.22% price increase in the past week.
Technical Indicators are pointing towards a downward trend. Presently, STX is trading below the 50-Day SMA ($0.636051) and 200-Day SMA ($0.671678), a sign of bearish sentiment. Furthermore, Stacks RSI is below the 50 midpoint which is a sign of a bearish phase.
Pomerdoge (POMD) Sees Increased Whale Interest
Whale investors have been stacking large quantities of Pomerdoge (POMD) tokens since the start of its presale stage. They are looking to regain their lost revenue with Pomerdoge's potential 4,000% ROI. Currently, Pomerdoge is working on an innovative play-to-earn gaming ecosystem.
This ecosystem aims to create global connections among players participating in competitive activities while they earn rewards. A central part of Pomerdoge's upcoming ecosystem is Pomergame. This will be a captivating platform where users can embark on thrilling adventures.
Pomerdoge's ecosystem will release a marketplace and battle arena called Pomerplace. Players can trade skins and other assets here. Pomerdoge's platform has undergone audits by Cyberscope and SolidProof, ensuring users of its security.
Currently, POMD tokens are available for purchase at a price of just $0.008. This is your chance to become an early investor and strategically position yourself for significant growth. Early investors will receive a portion of the platform's generated revenue. Also, they will gain access to a collection of rare 7,777 NFTs that Pomerdoge plans to release.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
