Can Solana Reach New Year's High as Rally Continues?
Solana (SOL) continues its price pump, but can it rally to a new yearly high? Meanwhile, experts have forecasted a 50% price surge for Pomerdoge (POMD) as accumulation rises.
Solana (SOL), the famed Ethereum challenger, has been making headlines due to its strong rally. As the price rallies, investors anticipate another yearly high for SOL. Also causing excitement in the crypto market is Pomerdoge (POMD), a new play-to-earn (P2E) token. Amidst the massive accumulation of the token, crypto experts have forecasted a 50% price jump for the token in August.
Solana (SOL) Keeps Pumping, New Yealy High in Sight?
Despite several challenges this year, Solana (SOL) has been one of the best crypto performers in 2023. Defying the SEC charges and other network challenges, the price of Solana has continued to rise, reaching new highs this week.
Since the start of the year, the price of SOL has increased by 150%, outperforming the likes of Bitcoin and Ethereum. Solana carries on its bullish momentum into this week, increasing by more than 8%. At the time of this writing, SOL trades at $24.51 and is in strong bullish territory.
Can this momentum push the price of SOL to a new 2023 high? Many crypto experts are betting that the price of SOL will rally above $30 to set a new-year high in August. The bullish predictions for SOL stem from the growing interest of institutional investors in the project.
Last week, SOL was the only cryptocurrency to see inflows from institutional investors, demonstrating the network's popularity. Solana is in a bullish area, according to crypto researcher Benjamin Cowen, and might trade above $30 in the next few weeks.
Experts Predict 50% Price Rise for Pomerdoge (POMD) in August
Another crypto that has attracted strong bullish predictions from crypto experts over its recent performance is Pomerdoge (POMD). Following its recent price jump to $0.008 per token, crypto experts have predicted that the price of the token could increase further in August.
A leading crypto analyst has forecasted a 50% price increase for the token in August. At its current price of $0.008, Pomerdoge could set a new yearly high at $0.016 before the end of August. This would reflect the growing attention Pomerdoge has managed to garner.
Like Solana, Pomerdoge has also been attracting massive investor interest. In the last couple of weeks, more than 70 million POMD tokens have been sold. With these bullish predictions, there is bound to be more interest in Pomerdoge going forward.
There are high expectations for Pomerdoge as it is the first of its kind in the play-to-earn space. The Pomer ecosystem comprises a game, an NFT marketplace, and NFT collections. The game features the best infrastructure from top P2E games but incorporates meme coins to make it unique.
Avatars in the Pomergame are inspired by meme coins but are also fully customizable by players. As the first of its kind, crypto experts are bullish about the future of Pomerdoge, predicting it could become one of the leading coins before the end of 2023.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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