PNDC Remains Bearish – Is the Pond Drying Up?

Pond PNDC’s worth motion since its launch on August 7 is kind of constructive, though it’s scuffling with worth volatility this week. PNDC attained an all-time excessive worth of $0.000003 on August 7, a phenomenal surge sparking huge curiosity amongst crypto traders. 

PNDC’s worth at 4:30 am EST is $0.0000013, displaying patrons are nonetheless energetic available in the market. Though the asset worth elevated by 3.6% within the final 24 hours, it has misplaced 22.7% within the earlier seven days.

This worth volatility this week might sign a pattern shift for the asset. Is the rally actually over?

Pond Coin Developments On CoinMarketCap

On August 27, Pond Coin held the #1 spot on the trending cash listing on CoinMarketCap. The information sparked a constructive response in its ecosystem and led to some worth beneficial properties for the token.

CoinMarketCap is a good crypto web site, and this rating will seemingly encourage extra traders to undertake the PNDC tokens. 

Additionally, earlier within the month, on August 7, PNDC was listed on the Poloniex crypto change with deposits and full buying and selling now out there. The itemizing uncovered the coin to a broad person base and aided the value beneficial properties for the asset. 

Pond Coin #PNDC is Poloniex latest itemizing! 🚀@Pond0x

Deposit can be opened on August seventh, 12:00 (UTC)

August seventh (UTC), Publish-only mode can be enabled on 12:00 & Full buying and selling can be enabled on 13:00

For extra info, please go to:https://t.co/gsuxGWcNRn#Crypto pic.twitter.com/NDawrFUzjB

— Poloniex Trade (@Poloniex) August 7, 2023

It was additionally listed on the world’s largest crypto change by buying and selling quantity, Binance, on the identical day, resulting in additional worth beneficial properties for the asset.

Pond Coin on @binance:https://t.co/43bG8GWCGF

— Pond Coin (@Pond0x) August 7, 2023

PNDC Engagements Soar After Itemizing

PNDC posted spectacular community engagement metrics from customers in its ecosystem after itemizing on respected crypto exchanges.

We’re already doing almost 1 million each day impressions on @x.

And it’s very early… pic.twitter.com/wfO13c2RNj

— Pond Coin (@Pond0x) August 9, 2023

As of August 9, there have been 5 million month-to-month impressions, over 82 thousand profile visits, 33,987 new followers, and over 94,000 likes. 

Additionally, there have been over 511,000 media views and greater than a thousand hyperlink clicks, displaying huge engagement from the crypto group. These numbers present that PNDC enjoys huge adoption from the crypto group. 

Mining One other Issue Driving Adoption

Pond Coin supported a mining or spawning function and introduced that the primary 5,000 miners would earn 5 ETH as the utmost reward.

Half Two: SPAWN 🧪

1st 5,000 Miners: 5 ETH Max ⛏️

Mining unlocks the Spawn Lab… 🔓⏱️

{Multiplayer mode activated}

🥽🥼 pic.twitter.com/2kGCzmyldq

— Pond Coin (@Pond0x) August 14, 2023

Nevertheless, after the primary 5,000 miners obtain their rewards, there is no such thing as a most restrict to the guidelines, and the second spherical of mining will open up spawning to early miners. 

Customers should determine between being miners, spawns, or each. Notably, early miners will obtain an extra bonus for mining once more. Additionally, a member of the PondCoin group, Matt Furie, obtained $1 million value of $PEPE tokens for creating the Pepe the Frog meme.

On behalf of the Pond Coin group, we’re very completely satisfied to announce:

We have now simply Spawned @Matt_Furie $1,000,000 value of $pepe. 🧪

With out Matt’s fantastic creation of Pepe the Frog, none of this might be potential.

And for this we’re deeply grateful.

Thanks Matt!

🐸💚 pic.twitter.com/Y3arRcd5yY

— Pond Coin (@Pond0x) August 14, 2023

This gesture exhibits Pond’s dedication to rewarding customers and driving extra adoption for PNDC tokens and their worth beneficial properties. 

On August 27, PondCoin assured its group that the crew continues to innovate whereas others chill out to develop the absolute best options to enhance their choices.

While you’re stress-free…

We’re within the lab innovating.

Put together for a brand new chapter. ♻️

🐸🟪🥼🧪 pic.twitter.com/vvahVw85rk

— Pond Coin (@Pond0x) August 27, 2023

PondCoin additionally makes use of the Pepe the Frog meme as its image, and the success of Pepe-related tokens can be a contributing issue to the beneficial properties recorded for the asset. 

PNDC Reveals Indicators Of Retracement, Ought to Traders Promote?

PNDC exhibits indicators of retracement on the shorter timeframes, forming a outstanding purple candle on the 15-minute chart. Its worth decline outcomes from patrons looking for revenue after PNDC attained its all-time excessive worth. 

It implies that the shopping for stress is fading as sellers seize management of the market and the asset drops into the decrease area of the Donchian Channel (DC), confirming the bearish sentiment. 

Additionally, the Relative Power Index (RSI) confirms the pattern route, dropping into the oversold area with a price of 35.65, displaying a powerful promote sign. 

The Shifting Common Convergence/Divergence (MACD) expresses an analogous sentiment dropping beneath its sign line to mark the sellers’ return. Additionally, the Histogram bars are in purple, confirming a unfavorable pattern shift.

PNDC Assist and Resistance degree: What’s the subsequent Level?

PNDC faces resistance at $0.000003, repeatedly testing the value degree at present. Nevertheless, promoting stress rises as traders search to revenue, resulting in a pointy worth drop. 

PNDC is approaching the $0.000001 historic assist degree, hoping to discover a pivot for a restoration. If this degree fails to carry, the token will additional decline, favoring the sellers. 

PNDC will seemingly get better primarily based on its previous worth conduct regardless of the drop. As soon as the sellers exhaust their preliminary vitality, anticipate the patrons to re-enter the marketplace for a restoration. 

However, there are not any ensures within the crypto market, and PNDC would possibly drop beneath its assist degree within the coming days. 

Missed The Early Pond Coin Rally? Sonik Coin Presents One other Alternative 

Sonik Coin is a novel meme coin mission racing to reward its holders in document time. The purpose is to rapidly race to a 100 million market cap and obtain world adoption. 

Sonik Coin presale is capped at roughly 299.79 million tokens, just like the worth of the pace of sunshine. 50% of the tokens are for the presale, 40% for staking, and 10% for liquidity. 

The Sonik Coin launch coincides with the meme coin rally that has ushered in tokens like HarryPotterObamaPacMan8Inu and $PEPE to prominence. 

$SONIK Presale

SONIK is the token powering this speedy revolution and is offered for presale. Every token is value $0.000014 with simply six days left to its conclusion. 

The previous couple of days will usher in an accumulation section as traders scramble to buy the tokens earlier than the presales are over. Customers should buy $SONIK with ETH, USDT as soon as they connect with the genuine presale web page. 

Shopping for presale tokens would possibly reward traders in the event that they obtain a constructive sentiment when listed on exchanges. Nevertheless, late traders would possibly miss the preliminary surge after the itemizing and look ahead to an undefined interval for the subsequent rally. 

Sonik Coin will listing on Uniswap decentralized change after its presales, with one other itemizing on notable exchanges prone to observe, thus boosting its worth. 

SONIK Staking Gives Customers Extra Rewards

Customers can use the Sonik Coin purchase and stake function to immediately lock their bought tokens in a staking pool for extra rewards. Sonik Coin provides customers staking at a powerful APY. Additionally, 40% of the overall provide is reserved as staking rewards and distributed over 4 years. 

Over 23.9 billion tokens are staked at an APY of 100%, which is spectacular in comparison with the typical APY of 4-5% for different crypto tasks.

Staking provides extra worth to the Sonik Coin ecosystem and prevents customers from dumping their tokens concurrently after itemizing, thus preserving the worth of $SONIK and controlling inflation. 

Sonik Coin Roadmap

Sonik Coin divides its roadmap into three easy levels. The primary stage covers token staking and improvement, meme creation, and the reside presale of $SONIK tokens. 

The second stage covers the staking launch advertising and marketing marketing campaign deployment and the SONIK increase sellout. The third stage incorporates community-building actions, the distribution of staking rewards, and the race to a 100 million Market Cap worth. 

Analyst and Vlogger Micheal Wrubel calls Sonik Coin the subsequent $1 million meme crypto in a YouTube video. 

Wrubel has over 300 thousand subscribers on his YouTube Channel. He described Sonik Coin as a community-driven meme token that goals to be the fastest-growing mission in its area of interest and is quickly progressing within the crypto group. 

The glowing assessment exhibits the rising adoption of the mission. Nevertheless, customers are suggested to do their analysis earlier than making any funding. 

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