The post Optimism Faces Difficulties While Solana Memecoins Surge Only 2 Days Left for BlockDAG’s BULLRUN100!  appeared on BitcoinEthereumNews.com.

This past week in the cryptocurrency sector has been lively, with multiple digital currencies catching the interest of the market. Optimism (OP) faced challenges in gaining support, Solana memecoins added new enthusiasm to the market, and BlockDAG (BDAG) presale kept its strong pace, soaring to $124 million. This is attributed to BlockDAG’s BULLRUN100 promotion, which will soon end, offering a doubling of BDAG coin purchases and early access to its airdrop. With the completion of BlockDAG’s mainnet development and the project entering the audit stage, anticipation is growing. BlockDAG is quickly becoming a hot topic and a top crypto pick before 2025. Recent Optimism (OP) Price Analysis The recent price analysis for Optimism (OP) reveals a tough time for the cryptocurrency, facing significant sell-offs. OP encountered a steep decline after failing to break past the $1.80 level, resulting in a more than 6% fall and driving the price below the 20 and 50-day SMAs to $1.61. The last week saw OP’s value decrease, with reductions of 5.52% and 4.29%, taking the price under $1.50 and eventually to $1.45. Despite these declines, Optimism shows signs of a slight recovery, managing to hold above $1.40 as the market tries to bounce back. The analysis suggests that OP might continue to see narrow price fluctuations as it seeks stable footing. Solana Memecoins: Increased Interest in BONK & MEW Solana Memecoins are currently making waves, drawing more interest from market participants. Activity on the Solana network is robust, with notable memecoins such as BONK, MEW, and WIF gaining momentum. The rapid growth of these tokens is fueling discussions about their potential to reach new highs. BONK, in particular, is nearing a critical juncture after establishing a firm pattern near the 50-day EMA and now challenging the 200-day EMA. These tokens, thriving from Solana’s DeFi…

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Filed under: News - @ November 27, 2024 4:20 am