Monero, Optimism, and Pomerdoge – 2 Reasons To Buy These Coins in August

The post Monero, Optimism, and Pomerdoge – 2 Reasons To Buy These Coins in August appeared first on Coinpedia Fintech News

The dynamic cryptocurrency market continues to captivate seasoned investors and newcomers as another bull market nears. As we step into August, Monero (XMR), Optimism (OPT), and Pomerdoge (POMD) have emerged as three standout coins. Find out why analysts have picked these cryptos as must-buys for the 2023 rally.

Best Time To Buy Monero (XMR) As Adoption Spikes

Prioritizing user privacy and security earned Monero (XMR) the title of “private digital cash.” While this was a concern as regulators clamped down on Monero, the project continued advancing its privacy technology.

Despite regulatory concerns, Monero has been growing in adoption. Monero is the most used crypto in Australia as the country seeks to transition into a cashless society. The privacy features of Monero have made it the preferred choice of many in Australia.

Market experts have projected that this trend will continue to rise, causing a price rise in Monero. At the time of this writing, Monero trades at $158, but crypto experts have predicted that the price of XMR could reach a high of $180 in August. By the end of 2023, Monero has been forecasted to trade as high as $210.

Optimism (OP) Rallies in Bear Market

Optimism (OP) is one of the leading layer-2 networks for Ethereum. The unique optimistic roll-ups make Ethereum transactions more secure and faster. As a result, Optimism has partnered with several big names in crypto, enhancing its functionalities.

The decentralized finance (DeFi) ecosystem of the Optimism network has been on the rise. Crypto experts predict that a price increase is on the cusp of Optimism as its network grows even more. 

The crypto market has been on a downtrend over the last few days, but the price of Optimism (OP) has risen. In the last seven days, the price of Optimism has increased by 13% and now trades at $1.72. Crypto experts predict that this increase will continue as Optimism looks to break the $2 mark.

Pomerdoge (POMD) To Dominate the P2E Space

In the midst of the fast-growing play-to-earn (P2E) space, Pomerdoge (POMD) stands out as one of the leading competitors to dominate the space. The growing attention in Pomerdoge stems from the project combining P2E with the fun meme coin space. 

The Pomerdoge ecosystem consists of a Pomergame, Pomerplace, and NFT collections. The Pomergame combines the best infrastructure from top P2E games but offers more chances of earning than most P2E platforms. 

In addition to the in-game rewards, Pomerdoge offers weekly competitions and giveaways where players can earn up to $100,000 weekly. These great opportunities have led to an influx of gamers into the Pomerdoge ecosystem.

As the number of players in the Pomerdoge ecosystem increases, crypto experts have predicted a spike in the price of Pomerdoge’s utility token, POMD. Now trading at a very low value of $0.007 in its first presale stage, crypto experts have predicted that POMD will spike by 4,000% and trade as high as $0.35 by the end of 2023.

Find out more about the Pomerdoge (POMD) Presale Today:

Website: https://pomerdoge.com/

Telegram Community: https://t.me/pomerdoge