The post BlockDAG Forecast Hits $10 | XRP Slumps appeared on BitcoinEthereumNews.com.

In the wake of a widespread cryptocurrency downturn, XRP has seen substantial declines, with bears taking control in the short term. In contrast, the PEPE coin experienced a drop of over 23% from its recent all-time high, yet it still trends upward despite a 4.36% decrease today. However, driven by groundbreaking developments and active community engagement, BlockDAG is quickly advancing through its Batch 18 presale, now priced at $0.0122, marking a stunning 1120% growth from Batch 1. Having amassed $50.8 million so far, BlockDAG’s projected price of $10 by 2025 suggests a hefty 30,000x ROI, securing its place as a leading cryptocurrency. XRP Struggles in Crypto Market Slump XRP has significantly dropped following the broader crypto market slump, dipping below $0.50 to a low of $0.45 before finding some footing. Bears are expected to dominate the short-term trend, particularly over the weekend. If XRP does not climb above $0.55 soon, it could test support at $0.46. Currently, XRP is down 5% from last week but remains stable on the day, with trading volumes around $720 million—only half of last week’s average. Ripple, alongside Meld Gold, is set to launch gold and silver tokens on the XRP Ledger by late 2024. Despite the market drop, whale accumulations of XRP are growing, with more than 2,000 accounts holding at least 1 million XRP each. PEPE Coin’s 23% Drop Amid Bearish Pressures The frog-themed meme coin, PEPE, has fallen over 23% from its recent peak price of $0.00001718, now testing its 50-day EMA amidst intense profit-taking. Despite the sharp market selloff, PEPE continues its overall upward trajectory, currently priced at $0.00001229, though it has seen a 4.36% drop today. Market analysts point to potential volatility for PEPE, warning of further declines if it slips below $0.00001000. Although whale buying is strong, trading volume…

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Filed under: News - @ June 16, 2024 9:28 am