• This article discusses three cryptocurrencies to keep an eye on: Algorand (ALGO), Fantom (FTM), and Pomerdoge (POMD).
• Algorand has been gaining positive momentum lately, with its value increasing by 6% in the last 7 days.
• Fantom has also seen some recovery, with a 2% increase in its price over the past few days.
Keeping an Eye on Cryptocurrencies
Investing in cryptocurrency can be a lucrative endeavor if done correctly, which is why it is important for investors to stay up-to-date on the latest developments in the crypto space. In this article, we’ll discuss three cryptocurrencies that investors should consider keeping an eye on: Algorand (ALGO), Fantom (FTM), and Pomerdoge (POMD).
Algorand (ALGO)
Algorand is a decentralized blockchain network that enhances and supports various applications for effective safety and scalability. Recently, ALGO has seen an uptick in its price value after losing 1.88% of its value a month ago. Currently trading at $0.116, Algorand’s trading volume has increased by 21% in the last 24 hours to stay at $39 million at the time of writing. However, ALGO still faces internal issues such as SEC-related problems which could hinder its progress going forward.
Fantom (FTM)
Fantom was unable to participate in the mini-crypto recovery a few months back but is now showing signs of positive momentum with a 2% increase in its price over the past few days bringing it up to $0.2409 currently. The FTM trading volume has experienced the biggest leap of all tokens discussed here, increasing by almost 48% to reach $33 million at present. Although analysts are optimistic about FTM breaking through its current resistance level of $0.32 soon, investors remain skeptical about this development until such time comes into fruition..
Pomerdoge (POMD)
Very little information is available regarding Pomerdoge as it is not yet listed on any major exchanges or given much attention by crypto analysts yet; however there will be a presale soon where more information about it will be revealed so investors can get ready for when it hits major exchanges later this year or early next year..
Conclusion
Cryptocurrency investing can be incredibly profitable if done correctly so it pays to stay informed about new developments so you don’t miss out on any potential investment opportunities! Algorand (ALGO), Fantom (FTM) and Pomerdoge (POMD) are three tokens that investors should definitely keep their eyes open for when considering different options for investments.
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