The post Emerging Kaspa Killer-BlockDAG Reveals CEO | Dogecoin Update appeared on BitcoinEthereumNews.com.

BlockDAG, Dubbed ‘Kaspa-Killer,’ Reveals Ex-SwissOne Co-founder Antony Turner as CEO; Dogecoin Price Climbs Kaspa’s valuation has recently dipped below its 20-day exponential moving average (EMA), sparking investor concern about its future direction. Similarly, Dogecoin’s future price movements are under scrutiny, with debates ongoing about its ability to echo its 2021 price surge.  In contrast, Antony Turner’s reveal as CEO of BlockDAG, alongside a seasoned leadership team, has strengthened its position in the crypto elite, reinforcing its moniker as the “Kaspa Killer.” This leadership announcement coincided with the largest crypto presale in the last five years, gathering $62.8 million and setting BlockDAG on a path to possibly hit a $1.  Kaspa Price Watch: Downward Trend and Future Risks Kaspa’s (KAS) recent fall below the 20-day EMA signals a downward trend that might jeopardise its prior upward momentum. A significant rise in long liquidations—now fifteen-fold greater than shorts—highlights the adverse effect on traders hoping for a price rise in KAS. This bearish momentum might lead Kaspa to a potential drop to the 38.2% Fibonacci retracement level, valued at $0.15. Supporting this potential decline, both the Directional Movement Index (DMI) and the Average Directional Index (ADX) signal a decline in bullish momentum and overall market strength. Investors are closely watching these indicators as they navigate these challenging market conditions. Dogecoin Market Forecast: Echoes of the Past? Experts suggest Dogecoin (DOGE) may mirror its 2021 rally, marked by an 18,000% price increase. They point out that DOGE is mere weeks from its first weekly golden cross in four years, a historical catalyst for substantial price increases. Yet, Dogecoin remains a high-risk, volatile meme coin. While some predictions lean towards a potential rally, others call for caution. More conservative predictions place DOGE at a potential high of $1, underscoring the unpredictable nature of meme coins…

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Filed under: News - @ July 31, 2024 12:12 am