Popular Cryptocurrencies and Their Price Movements

BNB (BNB), Litecoin (LTC) and Pomerdoge (POMD) are very popular among traders. Many analysts are convinced of their growth potential, and here’s why more investors are watching closely on them.

BNB price is under pressure

BNB is the utility currency of Binance ecosystem used to pay trading expenses on Binance exchange at a discount rate.

Despite its location role, BNB rates remain under pressure as regulators are scrutinizing Binance, the world’s largest exchange.

Specifically, the US Securities and Exchange Commission (SEC) filed a lawsuit, accusing Binance and its CEO, Changpeng Zhao, of operating a “web of deception.”

Despite this setback, Binance remains focused on expanding into new markets, such as Japan, and eyeing new partnerships.

Currently, traders are analyzing BNB coin, evaluating whether it could rebound.

However, the downtrend is still prevailing, and BNB is trading at $242.07.

Litecoin is bearish after that halving

Litecoin is a peer-to-peer (P2P) network Bitcoin fork. However, the platform uses a different hashing algorithm and maximum supply.

Litecoin boasts faster transaction execution, which results in the creation of a block in 2.5 minutes, unlike 10 minutes of Bitcoin.

Recently, Litecoin halved for the third time, which aroused the interest of traders who expected LTC to rise after that event. Unfortunately, LTC did not live up to expectations and is currently down 6%, trading at $82.50.

At spot prices, LTC is down 0.89% in the last 24 hours and 11.49% in the past week.

Pomerdoge and awards

Boomerdogs are gaining popularity mainly because of the game it offers. The platform aims to allow users to earn rewards, improve their avatars, and trade valuable assets.

Boomerdog Center is Pomergame, a game that rewards players based on play duration. POMD holders progress access to open rewards non-fungible tokens (NFTs) and make purchases on the Pomerdoge Market.

Boomerdog is currently in phase 1 of pre-sold, where POMD is available for $0.007. Investors can explore the project and even share in the pre-sale. Industry experts maintain a bullish outlook of POMD, with gain predictors in the coming days.

Besides the pre-show, the platform offers prizes, including a sum of $50,000 USD prize and over $100,000 in various giveaways.

To have a chance to win, one should be a POMD holder or actively participate with Boomerdog on Telegram and Twitter.

Find out more about Pomerdoge (POMD) Presale Today:

Website: https://pomerdoge.com/

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