The post BDAG Triumphs Over Dogwifhat Rank and BONK Price Surge. appeared on BitcoinEthereumNews.com.

Wave Goodbye to Meme Coin Instability: BlockDAG’s 1300% Increase Triumphs Dogwifhat & BONK Dogwifhat recently slipped below the top 50 cryptocurrencies, while BONK is currently clawing its way back after notable market dips. In vivid contrast, BlockDAG (BDAG) shines as a beacon of stability and potential, backed by cutting-edge technology and remarkable growth prospects. Currently in the midst of its 19th presale phase with an impressive $54.5 million in capital raised, BlockDAG has realized a meteoric rise of 1300% over the past four months, a clear indicator of strong investor confidence. Thanks to its revolutionary low-code, no-code platform that simplifies the creation of utility tokens, meme coins, and NFTs, BlockDAG stands out as an enticing investment choice, quickly becoming one of the leading cryptocurrencies to consider. Dogwifhat Drops from Top 50 Following 38% Decline The Solana-based memecoin Dogwifhat (WIF) has exited the top 50 cryptocurrencies after a 38% price decline this past week. On June 23, its market cap diminished by 9% to $1.60 billion within just 12 hours, impacting its ranking and enabling Fantom (FTM) to climb ahead. Crypto analyst Blockgraze observed no noteworthy purchase activity despite speculation of accumulation. Currently the fourth largest memecoin, Dogwifhat is priced at $1.62. This reduction has resulted in a 25% decline in open interest for its future. A rebound to $1.81 could potentially erase about $13.53 million in short positions. Growing Investor Optimism Propels BONK Price Rebound Recent proactive investor behaviors indicate a potential rebound for BONK’s value, possibly countering the 50% drop observed in the previous month. For the first time in over 11 days, BONK’s funding rates have turned positive, showing a dominance of long contracts. Recent proactive investor behaviors indicate a potential rebound for BONK’s value, possibly countering the 50% drop observed in the previous month. For the first…

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Filed under: News - @ June 30, 2024 2:06 am