Dogecoin

BlockDAG

Certain altcoins are becoming more popular as the cryptocurrency market declines. <a href="https://blockdag.network/" rel="noopener noreferrer nofollow">BlockDAG</a> is drawing significant attention with its cutting-edge Directed Acyclic Graph (DAG) structure and solid Proof-of-Work (PoW) consensus mechanism. This advanced framework enables BlockDAG to offer ultra-fast transaction speeds and outstanding scalability, making it perfect for handling large transaction volumes and supporting decentralised finance (DeFi) protocols.Unlike meme coins such as Dogecoin and Pepe, BlockDAG has a clear development trajectory and practical applications, making it a smart and sustainable investment. Dogecoin has struggled recently, mirroring broader market downturns, with market cap and trading volume declines. While showing resilience after a significant sell-off, Pepe still faces market stability challenges.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcRB9nCkjboe5LROB-vHqKIY4xE6wGJbzTG98Y-T0URKP5knF_XmKwc702K6NYIknKxWoftJl1YdAt5smbZFPL8Poys7Q7VXUhPcs9XFTmjZ_-yTrbHlDe0g_JiANqm2-bfvVrss-2mIhQgzwF0paZKbtKOntH6lR201xsQEA?key&#61;uXt4PQfCCwEWLqs1OXMs_Q" /><h2 id="header-0">Dogecoin’s Recent Downturn: What Investors Should Know</h2>Dogecoin (DOGE) has been underperforming compared to other meme coins, reflecting the broader downward trend in major crypto assets. Last week, the market capitalisation of meme coins fell from nearly $70 billion during the last bull run to below $50 billion. Although the start of this week brought positive momentum, mid-week trading saw a decline in volumes.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfpwTDmsbAYOoz2r9d-S5jrOnFUxiO1r961fUbrsN2KQn13f5DJEsINnoy4L6_Kpgr-HbUieUEbudWCVXIfV_SbcV1aAZ-hA1wz3UC2sqfYspiNZPfTbKK_ZWmDFdauqiAH8WWTP6iLTKMJb9QUbyzigY8bTPuHUoY2wIOfOg?key&#61;uXt4PQfCCwEWLqs1OXMs_Q" />Currently, meme coins are up 5.1%, with a total market cap of $50.4 billion, while Dogecoin has dropped 3.4%, suggesting a bearish trend. Due to ongoing weekly losses, Dogecoin’s market cap has decreased to $17.9 billion. Trading at $0.1239, DOGE has fallen below multiple resistance levels.<h2 id="header-1">Pepe Market Remains Steady Despite Major Token Selloff</h2>Pepe (PEPE) showed impressive resilience after an anonymous whale transferred 800 billion PEPE tokens worth $9.22 million to Binance on June 25. Despite this massive sell-off, which resulted in a $3.47 million loss for the whale, PEPE’s price surged by 20%, reaching $0.000013500.Fundamentally, PEPE’s price recovery aligns with a broader rebound in the crypto market, driven by easing concerns over the Mt. Gox Bitcoin distribution. Technically, PEPE’s price has rebounded twice from a crucial support level of $0.00001000 in June, forming a potential double-bottom pattern. This pattern suggests a bullish reversal and points to a possible upward trend, with a target price of around $0.00001800 in July.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcJow9zKcws2Gk64nivMNPj6ulymVcBKap-ylXfL1gRB88mW781uEpTI7mTyxJloP8zel-Mcl_kYluGJ2Vr28OPWqw7dVrROoib1fl8ZFCVsnQMmHVW5Z2EUD4ljX4DMBlVTRVE4nZhog7D11D59LjcUF50fO7o-tptJgjN?key&#61;uXt4PQfCCwEWLqs1OXMs_Q" /><h2 id="header-2">BlockDAG’s Innovative Structure: A Game Changer for High Transaction Volumes</h2>Say goodbye to meme coins – BlockDAG is revolutionising the crypto world with its groundbreaking technology. Utilising the Directed Acyclic Graph (DAG) structure paired with a robust Proof-of-Work (PoW) consensus, BlockDAG boasts lightning-fast transaction speeds and incredible scalability. This innovative design caters to a growing user base, ensuring unparalleled security and decentralisation.BlockDAG’s presale has surged past $60 million, with potential daily earnings reaching $5 million. This momentum is expected to drive BlockDAG’s revenue to $100 million before its highly anticipated mainnet launch in four months. At that point, the BDAG coin is projected to hit $1, offering an ROI of over 7,000% for early investors.Strategically structured across 45 presale batches with incremental price increases, BlockDAG ensures price stability, unlike Bitcoin and Solana. A four-month vesting period and $100 million liquidity at launch shield it from market volatility, promising steady growth and substantial returns. With a focus on decentralisation and security, BlockDAG’s PoW consensus mechanism guarantees secure transaction validation, attracting both investors and miners.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcLvF3gg17o48jQyt0PSzd7spFVFDrroMJ3Qmj2K3xAEgXNlHOPllzeLs1StlXr0bNCDMZZ9kEYyKFJbO4gLbMXposk5v1snTqXni5XAyuNbs_enqt14onh30V64JNQoZTkKotlmqM8B6KEKXhfJ5hnPZVbKaO26G8ZuZQS3A?key&#61;uXt4PQfCCwEWLqs1OXMs_Q" />Unlike meme coins, BlockDAG has a clear development path and real-world applications, making it a wise and sustainable investment. BlockDAG’s presale success speaks volumes about its potential, raising $60 million across 20 presale batches. Investor confidence is soaring, with BDAG coins skyrocketing from $0.001 to $0.015 – a staggering 1400% increase. Now is the perfect moment to invest in BlockDAG.<h2 id="header-3">What’s Next?</h2>BlockDAG, with its innovative DAG structure and robust PoW consensus, offers exceptional transaction speeds and scalability, making it a standout investment in the crypto market. Its successful presale, raising $60 million and achieving a 1400% price increase, highlights its strong potential.Unlike Dogecoin and Pepe, BlockDAG provides practical applications and a clear development path, ensuring long-term sustainability. Dogecoin’s recent struggles and Pepe’s resilience amid sell-offs highlight the volatility of meme coins.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcMhilcok-aqbullGjZCXUrQ9VscxYUYLE_jhnJ9snUYyciBnsOKojGQteem5VRtiSXge-Scw4rlmK45qfj_0WSWHQll11sbPkli9RqFAJqPig5Y4JwELJMq368kVAYnqDp3wsc_pyB7vlgOSdVCf4ewd69xTXQO7gDOSR7Lg?key&#61;uXt4PQfCCwEWLqs1OXMs_Q" />Invest in the BlockDAG Presale Now:Presale: <a href="https://purchase.blockdag.network/" rel="noopener noreferrer nofollow">https://purchase.blockdag.network</a>Website: <a href="https://blockdag.network/" rel="noopener noreferrer nofollow">https://blockdag.network</a>Telegram: <a href="https://t.me/blockDAGnetwork" rel="noopener noreferrer nofollow">https://t.me/blockDAGnetwork</a>Discord: <a href="https://discord.gg/Q7BxghMVyu" rel="noopener noreferrer nofollow">https://discord.gg/Q7BxghMVyu</a>

Are Meme Coins Losing Steam? Crypto Whales Flock to BlockDAG’s $60 Million Presale Following Pepe Token Selloff & DOGE’s Dip

Table of Contents

BlockchainReporter

Other articles published on Jul 20, 2024

LayerEdge Launches Testnet for HMDA - Poised as the First Verification Layer on Bitcoin

Explosive Growth: Top 5 Altcoins to Watch in 2024

Your Golden Ticket to Retire with ONLY 5 Altcoins!

WEEX's Bold Move In Crypto Trading: Insights From VP Andrew Weiner

MoonBag's Rocket Ride to Riches: Is PAX Falling Behind?

Bearish Bear ($GROWL) Gears Up for Market Launch: 50% Growth in First Month?

Join our free newsletter for daily crypto updates!