Pond Coin (PNDC) Price Prediction

Pond Coin (PNDC) is the native cryptocurrency of a decentralized change referred to as Pond DEX. The token lately noticed a pointy improve in efficiency, signaling that it decoupled from the remainder of the market. Over the past week, the PNDC value dropped from $0.000002174 on September 4 to $0.0000016 on September 10.

The coin noticed loads of minor fluctuations between these dates, though its normal development was bearish. As the worth continued to drop, it encountered a number of helps, permitting it to bounce again. The recoveries have been solely profitable for a short while, and often, a small resistance was sufficient to show issues round for PNDC. Every rejection induced the worth to sink extra profoundly, and every restoration reached a shorter top earlier than dropping once more.

Nevertheless, as this was the final market habits, it was not shocking, nor was PNDC thought of to be performing significantly poorly. Issues modified on September 10, nonetheless. Yesterday, nonetheless within the early hours, the PNDC value began seeing one other restoration after dropping to $0.0000016, however this time, it began heading up, and it didn’t cease. It encountered a number of resistances, which grew to become extra troublesome, however it will definitely managed to breach them. The one at $0.0000020 was the toughest to breach.

This degree broke within the early hours of September 11. Finally, the worth climbed to $0.0000023, attaining a weekly excessive. However, such sharp development quickly grew to become one other correction.

On the time of writing, PNDC dropped again to $0.000002075. The token is at present over 7% increased than 24 hours in the past. The large query is whether or not the worth will proceed to drop alongside the remainder of the market or bounce again.

Why did PNDC surge?

One cause why the PNDC value skyrocketed so quickly could have come from three wallets that lately dumped $965k in PEPE to purchase PNDC as a substitute. Unknown merchants purchased 487 billion PNDC tokens, equal to round 600 ETH. The token’s surge additionally could have adopted attributable to its latest itemizing on Poloniex, which introduced new publicity. Usually, it marked a optimistic improvement for the token and its venture.

As talked about above, the mysterious whales who purchased PNDC seemingly additionally began a development, which led to the surge in PNDC’s quantity. The amount elevated to over $3 million earlier at this time, which is spectacular for a cryptocurrency that ranks as 2183, even after the market cap improve.

Wall Avenue Memes presale continues to be not over: Be a part of whereas there may be nonetheless time

Whereas PNDC is undoubtedly capturing the eye of alternative seekers, the identical is predicted from Wall Avenue Memes (WSM) when it lastly reaches the exchanges. The brand new meme coin held the preferred presale this summer time, and the presale continues to be ongoing, at present in its last section.

The token is at present accessible for $0.0337, though there isn’t a telling which method it’d go and by how a lot as soon as it emerges on exchanges. Given its reputation, there’s a likelihood that the token will surge post-launch. In any case, it did elevate over $25 million throughout the presale alone. However there isn’t a assure that it gained’t drop, too.

Nonetheless, it’s a good selection for alternative seekers, assuming they’re keen to take that threat. Anybody who needs to purchase the token now can achieve this with ETH, BNB, USDT, or their bank card.

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