Analysts and market experts have picked these three tokens Cardano (ADA), XRP (XRP), and Pomerdoge (POMD) as top tokens with huge potential in 2023. In this article, we shall look at the potential price movements of the three tokens ahead of December.
Cardano’s (ADA) TVL Soars To $160 Million
Cardano (ADA) has evolved into a thriving smart contract ecosystem. It now boasts over $15 million in stablecoins and hosts more than 35,000 daily active users on its DeFi protocols. According to market data provided by Defilama, the Total Value Locked (TVL) of the Cardano network has crossed $160.36 million.
Similarly, the Cardano price has also seen a little uptick. The price of Cardano has reclaimed the $0.25000 support, now trading above the $0.255549 level. However, ADA bulls would need to defend the $0.25 support level in the coming days.
A breach of the support level could cause a downward trend to the $0.18 zone for the ADA price. Nevertheless, market experts are bullish on Cardano in the long term. They have forecasted Cardano to trade between $0.297 and $0.314 in December.
XRP (XRP): Ripple Labs Dumps 30M XRP On Bitstamp
According to a September 3rd report by Whale Alert and Bithomp, an XRP-oriented data provider, Ripple Labs recently transferred 30 million XRP to Bitstamp exchange. The Francisco-based blockchain company reportedly sold the tokens for about $15,040,591.
However, this is the not first XRP coin whale transaction uncovered in the past month. Whale Alert has also reported similar transactions in August. Meanwhile, the sell-off has caused the price of XRP to plummet and increased FUD among investors.
The sell-off also caused the XRP price to decline to the $0.501847 price level, continuing its bearish performance over the last few weeks. According to Changelly, XRP price would trade between $0.572 and $0.642 by December.
Pomerdoge (POMD) Offers Up To 20x Potential By December
Similar to Cardano and XRP, Pomerdoge (POMD) is experiencing positive trading with a 15% price pump from $0.01 to $0.0115. Analysts are bullish on the project and forecast a 20x price increase by December. Pomerdoge aims to capitalize on the fast-growing P2E gaming ecosystem that has been projected to reach a market valuation of $65.7 billion by 2027.
This ecosystem of Pomerdoge will consist of Pomergame, Pomerplace, and NFTs. Pomergame is an upcoming P2E game that will offer a wide range of features. It will provide players with both earning opportunities and gameplay. In Pomergame, players can create personalized avatars and enhance them with various skins.
Additionally, Pomerdoge is unveiling Pomerplace, a dedicated marketplace designed for buying and selling in-game assets. This marketplace will also serve as a battle arena for competitive gaming. Interestingly, Pomerdoge is committed to ensuring the security of user assets. Pomerdoge’s smart contract has undergone thorough audits conducted by SolidProof and Cyberscope.
Currently, $POMD is available for purchase for $0.0115. Buying $POMD tokens comes with numerous benefits, including access to exclusive marketplace offerings, discounts, and NFTs. Additionally, users who stake their tokens can earn rewards. Regular token holders enjoy a fixed APR of 10%, while VIP holders can earn 15% on their staked $POMD tokens.
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