Ethereum analysts bullish, Pomerdoge token holders double in one week

Ethereum (ETH) holders are optimistic as analysts expect prices to recover in future sessions. Meanwhile, the ongoing Pomerdoge presale is gaining traction, with the number of POMD holders doubling.

Ethereum to recover?

Based on data from Glassnode, the number of non-zero Ethereum addresses stands at over 104,127,318, and analysts are hopeful that this can support prices.

Historically, ETH price spikes were preceded by considerable increases in new addresses. The influx of new and non-zero addresses was seen ahead of the 2021 bull run, which saw ETH rise to $4,810. 

ETH is trading below $1,850 and the 100-hourly Simple Moving Average. The immediate resistance is $1,855, and prices will rise to $1,872 if this level is broken. If bulls press further, ETH may surge beyond the $2,000 milestone. 

Pomerdoge token holders double

Like Ethereum, POMD token holders have doubled recently, primarily driven by Pomerdoge‘s ecosystem and the token’s utility. The project integrates meme coin attributes with play-to-earn (P2E) functionality.

This combination has attracted crypto experts, leading to in-depth project analyses, with some predicting POMD to surge in the coming months.  

The project plans to launch a marketplace and an interactive game called Pomergame, where players can establish avatars and earn. The game has virtual arenas where players can embark on quests for rewards, including rare items.

Pomerdoge intends to establish a marketplace called Pomerplace for trading virtual rewards. Moreover, the platform extends earning opportunities via weekly competitions and contests. Participants can compete for prizes worth up to $100,000.

The Pomerdoge giveaway is open for POMD or active users interacting via Telegram and Twitter. 

In the ongoing presale, POMD is available for $0.008.

Find out more about the Pomerdoge (POMD) presale:

Website: https://pomerdoge.com/

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