Ethereum and Cardano TVL Explodes
– TVL is used to judge the growth of a DeFi network
– Recent reports show that the TVL of Ethereum and Cardano has increased despite the bearish crypto market
– Cardano’s TVL has increased by 198.6% YTD, moving it from the 34th to the 21st position in overall TVL
– The growth of Cardano’s DeFi ecosystem is attributed to the launch of stablecoins, improved programming languages, and new wallets
– Ethereum still dominates the DeFi space with over $23.5 billion in TVL
Can Pomerdoge (POMD) Catch Up in the DeFi Space?
– Pomerdoge is a new project that combines crypto meme coins with the play-to-earn sector
– It offers an enthralling game where players can earn rewards and communicate via a social infrastructure
– Players can sell in-game products and NFTs for real money in the ecosystem’s marketplace
– Analysts predict that Pomerdoge will become one of the biggest names in DeFi as it combines entertainment and financial opportunity
– Early forecasts estimate a 4,000% price gain for the Pomerdoge utility coin by December
Hot Take
Pomerdoge (POMD) shows promise in the highly competitive DeFi space with its unique combination of crypto meme coins and play-to-earn opportunities. With impressive growth and the potential for a 4,000% price gain, investors have an exciting opportunity to join the Pomerdoge ecosystem before its massive rally.
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