Pond Coin Price Update: PNDC Leaps Towards $1, Splashes into Top Meme Coins

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Pond Coin (PNDC) is recording a price decline today, September 5, after a notable surge of over 80% in the last seven-day trading period. However, the coin has been exhibiting buying pressure for longer, indicating that the upside trend might continue.

While PNDC is slightly down today, many investors and traders predict that this is the best time to accumulate more at a low price and profit when it goes up.

Pond PNDC Targets $1 Milestone – Is It Possible?

This prediction of Pond token hitting the $1 price mark has increased significantly within its community, causing it to trend among notable platforms.

The coin has been trending on CoinMarketCap and Twitter, adding significant weight to its “BIG Things are coming” announcement.

Notably, trending on CoinMarketCap indicates that it has gained attention within the broader cryptocurrency community, potentially drawing in more traders and investors.

Simultaneously, trending on Twitter suggests strong social media engagement and discussion, further amplifying its reach and influence.

TRENDING! pic.twitter.com/xFkk0YvSlF

— Pond Coin (@Pond0x) September 1, 2023

As of September 2, POND was trending on Uniswap’s top tokens behind Ethereum, stablecoins, and Wrapped BTC. This shows that the community is optimistic about the coin’s potential and is not backing down soon.

Pond’s ‘More Swaps More Drops’ May Attract Eyes

Pond’s unique utility, a “more swap, more drop,” holds promising potential for the project’s community and native token. This innovative approach signifies a commitment to enhancing user engagement and utility within the ecosystem.

And remember:

More Swaps ♻️ More Drops

Happy trading.

Enjoy! 🫡

– Team Pond

🐸🟪 pic.twitter.com/nICqm252nn

— Pond Coin (@Pond0x) September 1, 2023

The “more swap, more drop” feature likely encourages increased trading and liquidity provision on the coin’s platform.

By offering incentives or rewards, such as airdrops or staking benefits, to users who actively participate in swapping tokens, the coin fosters a vibrant and active community.

This will boost the network’s overall health and stimulate higher trading volumes, potentially driving up demand for the native token. Notably, on September 02, the team tweeted that, in just two days of launch, PONDX had executed its first 10,000 trades.

D🤝X has just completed its first 10,000 trades.

And it is only day 2…

Happy Trading!

– Team Pond 🥼 pic.twitter.com/KZ13BIUOBi

— Pond Coin (@Pond0x) September 2, 2023

However, the success of this initiative will depend on its execution, adoption, and how effectively it’s integrated into the project’s ecosystem.

“Big Things Are Coming,” Pond Claims

BIG things are coming… 🔥

Get. Ready.

🐸🟪🧪⛏️🥼🥽 pic.twitter.com/006lcnyEyc

— Pond Coin (@Pond0x) August 23, 2023

On August 23, the team behind the project hinted to the community that a promising update, partnership, or utilities is in the pipeline. However, they kept one part of this promise by launching the More Swap, More Drop utility, which draws eyes to the ecosystem.

The tweet by POND says, “BIG Things are coming,” and since then, this has created a surge of excitement and anticipation among its community and investors.

However, while such tweets can positively impact a coin, investors should exercise caution and conduct thorough research before making any decisions.

PNDC Analysis – Exploring The Price Action and Possible Break Out

Currently, the Pond token is trading at $0.000002051, representing a drop of 10% in the last 24 hours trading session. However, in the past hour, there has been a change in the price movement, evident in the rising green candle.

According to the chart, the PDNCUSD is heading toward the Moving Average Indicator above the market, suggesting a bullish sentiment.

This indicates that the buyers dominate the market and could potentially overthrow the sellers with this momentum. If the market breaks above the MA indicator, it could target the resistance level at $0.0000029, representing a 45% increase from this current point.

However, if the buyers cannot sustain this momentum, the price may remain below the Moving Average or even target the support at $0.0000011. Meanwhile, the Relative Strength of 44 shows the market’s pressure is relatively low, suggesting the buying and selling momentum is balanced.

Remember that the price of PNDC could eventually reach the $0.0000029 level if the market stays above the MA and the RSI goes above 50. Proper risk management and stop-loss orders are essential to prevent your portfolio from bleeding, as the crypto market has ups and downs.

But while uncertainty remains in the PNDC market, investors could cash in on the fastest presale of the year, SONIK, which is about to end. By buying in now, investors are set to make quick profits after the presale ends.

Sonik Coin Mints $1.5 Million, Closes in On Hard Cap In Few Hours

Sonik Coin has garnered significant interest from the crypto and meme coin communities since it initiated its presale phase in mid-August.

Furthermore, as another means of attraction, the project has recently introduced a staking feature for its investors. The protocol enables SONIK holders to earn impressive annual yields of up to 52% by locking their tokens in a pool.

In the latest update, Sonik Staking has garnered substantial attention, with over 46.3 billion SONIK coins staked. Notably, based on tokenomics, there is an allocation of 40% for staking rewards, 10% for locked liquidity to distribute its tokens, and 50% for the presale.

Super Sonik Presale At The Finish Line

With roughly three hours to go, the Sonik coin presales will be coming to a close. So far, the project has raised over $1.5 million out of a hard cap of $2,098,547.

Considering the duration through which this sum was achieved, the speed features of the project came to life. The token is still sold at $0.000014, and investors can still make purchases before the door shuts.

Potential investors can buy now via the official site by connecting their wallet and transacting their desired amount of $SONIK with ETH or USDT.