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Tron (TRX) Falls Amid Justin Sun Controversy

Tron has decreased in value by 2.99% in the last month. While it initially built momentum, Tron has struggled to gain traction due to controversy surrounding the project's founder, Justin Sun. The SEC recently filed lawsuits against Sun for market manipulation and fraud.

This has slowed Tron’s growth, and caused some investors to sell their Tron tokens. Despite this decline however, Tron’s daily trading volume is on the rise. In the last 24 hours this increased by 38.41% to $182,581,873.

With Sun recently announcing a potential collaboration between Tron and PayPal, some experts believe that Tron could experience several price increases in August. That being said, Tron still remains a somewhat risky investment.

Will Binance Coin (BNB) Recover In August?

Binance Coin (BNB) has struggled to gain traction since its recent crash. The crash, which was caused by the SEC filing lawsuits against the platform, caused Binance Coin to fall from $306 to $231. Now, two months on, Binance Coin continues to struggle.

At the time of writing, Binance Coin (BNB) was trading at $240, and had a daily trading volume of $400 million. This was down 2.28% in 24 hours, and down 50% from one month prior.

As millions of investors leave the Binance exchange, Binance Coin is in a difficult situation. The platform needs to find a way to attract new investors to prevent further Binance Coin declines. However, as of the 7th of August, Binance is struggling to do so.

Pomerdoge (POMD) Combines Memecoins And P2E Gaming

With Binance Coin and Tron offering limited returns, Pomerdoge is looking like a more appealing offer. Pomerdoge is a new P2E game that offers a unique community, passive income opportunities and significant returns for early adoptions.

Its game is designed around combat. Players will be able to take control of unique avatars and battle them for in-game rewards. These rewards can be sold on the Pomerdoge marketplace, Pomerplace.

By connecting players worldwide with a love for memecoins and DeFi gaming, Pomerdoge aims to create an exciting ecosystem for gamers to network. It will also offer unique giveaways and other rewards for additional passive income opportunities.

Investors are now buying POMD tokens at record rates. Tokens are available for just $0.007, and could increase by over 4,000%, according to market analysts. Holders will be granted bonuses throughout the Pomerdoge ecosystem and will be able to stake tokens for a 10% annual return.

With momentum building around the project, Pomerdoge could be a great opportunity for investors to get involved with a memecoin at an attractive price point.

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