BlockDAG has announced a major raffle, while forecasts for Dogecoin and Binance Coin show different market trends.
BlockDAG $2 Million Raffle
BlockDAG has launched its biggest initiative yet—a $2 million raffle designed to reward both current supporters and new users. The raffle features three ticket levels: Bronze, Silver, and Gold, each unlocking bigger prizes in USDT.
The Bronze ticket starts with a $100 deposit, giving holders a chance to win $250,000 USDT. The Silver ticket, with a $200 deposit, offers entry to a $500,000 USDT prize. Finally, Gold tickets, requiring a $400 deposit, provide the highest odds of winning the $2 million USDT grand prize. The limited number of Gold tickets adds urgency to the raffle.
Dogecoin Forecasts
Current forecasts for Dogecoin indicate a promising future, with prices possibly rising to $0.2977 by 2025. This optimism is supported by rising confidence, solid technical indicators, and broader public support. For instance, chart patterns like the descending wedge and ascending channel point to possible upward moves, while RSI and MACD readings remain positive, adding to the bullish outlook. Looking even further ahead, predictions suggest that Dogecoin could reach $0.7939 by 2028 and $1.29 by 2031.
Binance Coin Performance
Despite strong on-chain data, the price of Binance Coin has not yet reflected the growth of its usage. In June, BNB Chain reached $157 billion in DEX volume and set a record for daily revenue. Furthermore, upgrades such as the Maxwell Hardfork have reduced block times to 0.75 seconds, speeding up transactions and enhancing usability. However, these gains have not translated into price growth, as Binance Coin remains nearly 17% below its all-time high, with caution due to market conditions and competition from other blockchains.
In summary, Dogecoin is propelled by social momentum and long-term goals, while Binance Coin displays strong usage but lacks immediate price growth. Meanwhile, BlockDAG stands out by offering value, direct rewards, and user engagement.
