BlockDAG Testnet Officially Live! BDAG Expected To Hit $20 by 2027— What Are Solana & Pepe Coin’s Future Prices Targets?
The post BlockDAG Testnet Officially Live! BDAG Expected To Hit $20 by 2027— What Are Solana & Pepe Coin’s Future Prices Targets? appeared on BitcoinEthereumNews.com.
The crypto market has seen some exciting moves recently. Pepe Coin (PEPE) is eyeing a 196% price target amid fluctuating market conditions. Meanwhile, Solana Foundation’s backing of a $100M DePIN fund reinforces its position in decentralised infrastructure. While these projects are gaining attention, BlockDAG is making an even bigger splash with its recently launched Testnet, allowing developers to mint their BDAG coins using the Blockchain Faucet and transfer them via MetaMask. The Testnet has triggered increased momentum, with experts predicting BDAD could hit $20 by 2027, offering up to 20,000x ROI potential. Pepe Coin (PEPE) Price Targets 196%: Is it Achievable? Pepe Coin (PEPE) has set an ambitious 196% price target. This meme coin has seen volatility, with price fluctuations throughout August and early September. Despite the recent flat market movement, optimism is growing due to a positive funding rate. However, caution remains, as the coin’s open interest has stayed flat at around $79 million, indicating hesitation among investors. While the bullish setup known as the ‘falling wedge’ hints at a possible breakout, smaller retail investors are holding back, reflecting uncertainty in the market. If PEPE fails to break through key resistance levels, the coin could face another round of selling pressure. Solana Foundation Backs $100 Million for Decentralised Projects Solana Foundation continues to support innovative blockchain projects, strengthening its place in the crypto industry. Recently, it backed a $100 million fund focused on decentralised physical infrastructure networks (DePIN). DePIN technology allows projects to operate without owning or managing physical equipment, streamlining operations and cutting costs. While this initiative shows promise, there are concerns about scalability and how effectively these projects can be implemented. Some analysts suggest that the foundation’s rapid growth may lead to overextension, risking long-term sustainability. Excitement Builds as BlockDAG Testnet Lets Developers Mint BDAG Coins BlockDAG’s…
Filed under: News - @ September 21, 2024 5:09 am