Dogecoin & Cardano Surges, BDAG & HackerEarth Dominates
The post Dogecoin & Cardano Surges, BDAG & HackerEarth Dominates appeared on BitcoinEthereumNews.com.
Disclaimer: The information presented in this article is part of a sponsored/press release/paid content, intended solely for promotional purposes. Readers are advised to exercise caution and conduct their own research before taking any action related to the content on this page or the company. Coin Edition is not responsible for any losses or damages incurred as a result of or in connection with the utilization of content, products, or services mentioned. Crypto whales are strategically purchasing, yet not all digital currencies are the same. Dogecoin has experienced a significant influx, with $158.86 million invested over three days. Despite potential for a bull run, the currency is teetering at a crucial $0.33, urging caution. Cardano is also in the limelight, with whales gathering $100 million in ADA. While ADA’s path could lead back to $3, immediate price swings may introduce risk. Meanwhile, BlockDAG (BDAG) sets records with its $185 million presale and its pivotal alliance with HackerEarth. With intentions for over 200 Web3 initiatives and a mainnet debut slated for 2025, BlockDAG is marked as a top pick for sustained growth. Whales Gather Dogecoin: Potential for a Market Uptick? Dogecoin is drawing crypto whales who have acquired roughly 470 million DOGE, amounting to $158.86 million over three days. This substantial acquisition mirrors trends seen with XRP, where large-scale acquisitions are often harbingers of market movements. Currently, Dogecoin trades at a pivotal $0.33. Holding above this level might ignite a bull run, while a decrease could lead to further price drops. Nevertheless, whale activity points to a promising outlook, hinting at possible growth. Dogecoin’s past performance during Bitcoin halving cycles supports this outlook. Historically, DOGE has mimicked Bitcoin’s price actions, achieving significant growth months following a halving. Since the April 2024 halving, Dogecoin has already surged by 113%. If this pattern continues, more…
Filed under: News - @ January 26, 2025 10:24 am