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Can POG Vault 150% to Rival Meme Coin Titans?

September 4, 2023
in Bitcoin
Reading Time: 4 mins read
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Polygonum On-line (POG), generally referred to as Pog Coin, has seen short-term strong volatility all year long.

In late 2022, the token’s value dropped to the $0.005-$0.007 vary, and ever since, POG value has remained inside these two ranges, hardly ever going past them.

As such, its conduct on a 1-year chart seems completely flat.

Chart 2 POG Sep 4

Within the quick time period, nevertheless, the value has been seeing intense volatility, taking it up and all the way down to make it a dream cryptocurrency for scalpers and day merchants.

Nonetheless, on a YTD chart, it turns into fairly clear that the token’s volatility has been dropping firmly all through the summer time.

Notably, in mid-June, the value dropped to $0.0057, which appears to be flat once more.

Chart 1 POG Sep 4

In fact, a more in-depth inspection nonetheless exhibits that there was fairly a little bit of motion, solely on a smaller scale, principally between $0.0057 and $0.0058. However, as time handed, the token’s fluctuations have been getting smaller and smaller constantly.

Previously month, it solely fluctuated between $0.005743 and $0.005755. This additionally led to some uncommon actions at thrilling durations. Within the final month, for instance, the token noticed a surge proper across the time when the remainder of the market crashed.

This was round August 17, when Bitcoin dipped to $26k, even under it. In the meantime, POG costs surged from $0.005743 to $0.005755. It corrected after that, getting caught between $0.005745 and $0.005750.

This conduct was briefly interrupted on August 29, when POG value surged from $0.005747 to $0.005755 earlier than dropping again to the beforehand talked about value vary.

On the time of writing, Polygonum On-line’s value is $0.005748. Each week, the token is up by 0.04%, whereas each day, it’s down by 0.03%.

Its value can also be 0.1% greater than final month. However, its precise losses are solely seen on a 1-year chart, the place it recorded a 63.5% dip.

Polygonum’s Value Stability

Whereas the token nonetheless has minor fluctuations, its value remained secure in 2023. This sluggish efficiency comes concurrently with the drop in curiosity relating to NFTs.

In spite of everything, the mission operates as a multiplayer survival simulation recreation the place customers purchase in-game objects as NFTs.

They will create their areas, kind communities, mine minerals, and so forth. Nonetheless, all of it comes again to NFTs and metaverse gaming, which has been pushed to the aspect because the market awaits restoration from 2022 losses, particularly as everybody retains their eyes on Bitcoin and whether or not or not it should get an ETF within the US.

In the meantime, the mission continued to replace its recreation and work additional on bettering it. It additionally determined to not be listed on Gate.io beginning August 7 this yr. It famous that the choice was made on account of excessive CEX buying and selling help bills, which the token can not cowl now.

Due to excessive CEX buying and selling help bills, we determined to not be listed on https://t.co/LYc9KJ5Doq beginning 07.08.23.

‼️Withdrawal interval is proscribed until 07.09.23.

— Polygonum On-line (@PolygonumOnline) August 10, 2023

Sonik Presale Enters Last Day

Sonik (SONIK) is about to see an inventory shortly, as its presale is nearly over. The token has entered its final day and has managed to lift over $1.3 million at a value of $0.000014.

 

Nonetheless, it’s nonetheless a top-rated meme coin impressed by the memes involving Sonic The Hedgehog.

The mission careworn that it’s not affiliated with Sonic The Hedgehog or Sega in any means, nevertheless it preferred the memes and made a meme coin.

Proper now, customers should buy it with ETH and USDT, and shortly, the mission ought to allow staking on its platform, so anybody taken with a meme coin with an precise use case ought to control its improvement.

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