With a lot of actions going on in the crypto market, analysts have analyzed three tokens and checked the possibility of a rally in September. These tokens have generated a lot of talking points lately in the crypto market. They include The Sandbox (SAND), Theta Network (THETA), and Pomerdoge (POMD).
Theta Network (THETA) Flattens Bearish Curve, Gears for Price Rebound
Throughout August, Theta Network (THETA) has been on an extended bearish trend, resulting in a 17% decline in price in the last 30 days. However, the token has bounced back in the last 7 days while regaining most of its losses.
With the crypto market bouncing back after the recent downtrend, many analysts are backing the Theta Network token to undergo a significant price rebound and go on an extended rally in the last quarter of 2023. What this means is that Theta Network may well be an alternative investment option for investors.
Theta Network witnessed its all-time high price in March 2021 when the token traded above $13. Since then, the token has been on a downtrend. The coin has not traded above $1.2 in the year, which leaves a lot of questions. However, with the anticipated bull run, investors will be hoping that the THETA token will trade above $1 in September and above $5 before the end of the year.
Experts Express Doubt Over the Possibility of a Rally for the Sandbox (SAND) Token
The Sandbox (SAND) is one of the tokens affected by the recent crypto market downturn, which saw Bitcoin price fall from $30,000 to $26,000. The Sandbox price has dropped by 24% in the last 30 days. The downtrend has led to even less market activity for the token.
The technical analysis shows that the red lines are still very active. Also, the market indicators show that The Sandbox has struggled to break the $0.42 resistance level. If the coin is able to close above that level, the chances of a rally in the coming days are high.
The Sandbox has been backed to rally in the last quarter of the year by notable crypto forecast platforms. According to Bitnation’s forecast, the token will trade at an average price of $0.48 before the end of the year. With the crypto market bouncing back, analysts are hoping for a resurgence very soon which could lead to a rally.
Pomerdoge (POMD) on a Moon-Bound Trajectory As Project’s Reputation Continues To Grow
Unlike Theta Network and The Sandbox which are struggling to rally, the Pomerdoge token price is already surging. Pomerdoge (POMD), a new and innovative platform that facilitates P2E gaming while encouraging networking and competition, is making giant strides into the crypto world. This is evident in the reputation growth that the Pomerdoge project has achieved through more investor participation, token presale sellout, and general public acceptability of the project.
Pomerdoge has attracted whale investors in the ongoing token presale, with over 197 million POMD tokens sold so far at presale. This high number of presale sales can be attributed to the high potential of the Pomerdoge token, with analysts projecting that the token price will rise by 155% before the end of 2023.
Moreso, there are so many benefits for presale buyers of the token. Some of these benefits include exclusive access to 7,777 NFT collections on the platform. Also, presale investors will get a share of the revenue from Pomerdoge’s gaming ecosystem (Pomergame).
Users can also trade their gaming assets in Pomerplace, the official marketplace of Pomerdoge. You can become a presale investor and reap these benefits when you buy the Pomerdoge token at the price of only $0.0115.
Audited by Cyberscope and SolidProof, Pomerdoge has passed the official credibility test. Also, the token’s liquidity will be locked for life to ensure the safety of investors’ assets and prevent a rug-pull scenario. The Pomerdoge project is certified safe and with the projected high gains, it is wise to invest in the token now.
Find out more about the Pomerdoge (POMD) Presale Today
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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.