The crypto market has seen some surprising shifts recently, with meme coins like PEPE and DOGS losing traction. The PEPE price, for instance, faced a significant 24% drop in the past ten days, and DOGS has suffered from a sharp market cap reduction, indicating fading interest among investors.
Despite the volatility in the meme coin market, BlockDAG, a Layer 1 blockchain project, stands out with its impressive $72.1 million presale completed in just a few months. Its new move, the upcoming Testnet launch, is also attracting the attention of developers and traders alike.
Yet, the question arises with the continuous presale rise and the momentum of the upcoming launch: Will it hit the $600M mark by the year’s end?
PEPE Price Decline 24%: What’s Next?
PEPE coin is currently experiencing a downturn. Over the two weeks, PEPE’s price fell by 24%, bringing it down to the $0.00000702 range. This price action reflects the general unease in the crypto market, where fear among investors has led to reduced activity. PEPE’s active addresses are now at a five-month low, showing that many investors have decided to step back.
Investors’ sentiment has shifted, and many avoid further transactions, leading to concerns about a prolonged price slump. If PEPE fails to break through its resistance level of $0.00000977, it may struggle to regain its position in the market.
DOGS Market Cap Falls as Token Drops 38% in Value
The DOGS token has also experienced a sharp reversal. After reaching its peak, the token’s price has dropped by 38% from its highest point last week, now sitting at $0.0011. This decline coincided with a significant drop in trading volume, which fell from $1.8 million to $490 million within a few days.
DOGS token’s fading interest has been linked to various factors, including waning market sentiment and a decrease in future open interest. This rapid decline has raised concerns that DOGS may continue to lose value soon, potentially falling below $0.001.
Can BlockDAG’s Testnet Launch Push Presale to a $600M Goal?
BlockDAG is gearing up for a remarkable milestone with the upcoming launch of its Testnet on September 20. This event is highly anticipated as it will allow users to explore key features of the BlockDAG Blockchain. The features include the Blockchain Explorer, a powerful tool that provides comprehensive access to BlockDAG’s blockchain. Users can view block details, track transactions, and even mint and transfer BDAG coins using the MetaMask wallet.
Additionally, BlockDAG will introduce smart contracts on its Testnet, allowing users to test various functions such as minting NFTs and staking coins. This Testnet launch is an opportunity for the community to experience the full capabilities of the BlockDAG network and provide valuable feedback before the Mainnet goes live.
But that’s not all— this Testnet launch is expected to attract new users, boosting BlockDAG’s visibility and coin value. As excitement builds around the project, many speculate that this move could accelerate BlockDAG’s presale towards the $600 million milestone.
This layer 1 blockchain project has already raised over $72.1 million in just a few months, making it the biggest presale in crypto history. Early holders have already seen a 1680% increase, with the BDAG coin jumping from $0.001 to $0.0178 in batch 22, positioning it as the highest ROI crypto. The upcoming testnet launch has institutional whales circling the presale, with experts predicting massive 20,000x returns for this promising Layer 1 coin.
Which is the Highest ROI Crypto?
The recent decline in PEPE price and DOGS market cap shows how unstable some meme coins can be, with PEPE facing a 24% drop and DOGS losing $300 million in value. BlockDAG keeps growing strong, helped by its successful $72.1 million presale and the upcoming Testnet launch. With features like MetaMask integration and smart contract testing, BlockDAG is becoming a more stable and promising buying option. As presale interest grows, BDAG’s price could soon reach the $1 mark, making itself the highest ROI crypto in 2024.
Join BlockDAG Network:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
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