The ever-evolving crypto landscape is marked by dynamic trends and ongoing developments. In recent times, Binance announced the network upgrade and hard fork of the BNB Smart Chain (BEP20), while Uniswap (UNI) struggles to gather momentum. At the same time, the accumulation of Pomerdoge (POMD) by whales continues, which is a testament to its soaring popularity and unique value proposition.
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Binance Coin (BNB): Impending BNB Smart Chain Upgrade
Binance, the largest crypto exchange and one of the biggest players in the landscape, declares its BNB Smart Chain upgrade and hard fork. The hard fork upgrade is expected to occur on August 30, 2023, when the block height reaches 31,302,048. During this period, token deposits and withdrawals on the BNB Chain will be halted, although trading will continue.
After the successful upgrade of the BNB Smart Chain, deposits and withdrawals will be reopened. This upgrade is expected to maintain a robust and secure trading environment for users. However, its potential effect on the token is uncertain at this point.
However, according to the speculation making the rounds, BNB might experience a slight dip before a rally. Nevertheless, the coming days promise to be exciting and crucial.
Uniswap (UNI): Struggle Between the Bears and Bulls
Uniswap (UNI) is a leading decentralized trading protocol. It is known for its role in facilitating automated trading of DeFi (decentralized finance) tokens. As a result, Uniswap is a popular figure in the DeFi ecosystem.
Since its launch in 2018, Uniswap has gained substantial popularity thanks to the incredible growth of DeFi. However, in recent times, it has been struggling to gather bullish momentum. This is influenced by concerns over the general crypto market and the competitive DeFilandscape.
Nonetheless, Uniswap is expected to experience a rally soon, considering its crucial role in decentralized finance.
Pomerdoge (POMD): Whales Continuous Accumulation Explained
In addition to the interest of retail investors, crypto whales continue their consistent accumulation of Pomerdoge (POMD). The presence of whales, who are large investors, often carries significant influence in the market. Moreover, it is a bullish indicator, which highlights confidence in its growth potential, fundamentals, and value propositions.
At the time of writing, more than $1.7 million has been raised, which is proof of its surging popularity in the crypto space. Also, its appeal, which centers around its blend between meme, P2E, and NFT, contributes to its bullish trajectory. As a gaming platform, it aims to tap into the frenzy through its play-to-earn game and gaming marketplace.
The game aims to connect players from all over the world while having fun and getting rewarded for playing. In addition, its marketplace will allow players to buy or sell items and valuables collected in the game.
Further, its NFT collection features 7,777 NFTs that can be purchased on the platform. These digital collectibles will be available only to token holders. Moreover, they will have several benefits, making them compelling investment opportunities.
Lastly, considering its vibrant ecosystem and increasing interest from investors, Pomerdoge is expected to witness strong adoption and growth. According to analysts and experts, POMD will soar by over 5,000% from its present price of $0.01.
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