In the rapid world of crypto, where everything can change in seconds, the long-term story is built on infrastructure. Dogecoin and Pi Coin continue to attract attention with market movements while BlockDAG focuses on technical fundamentals.
Dogecoin's $0.16 Support Level
Dogecoin's price trajectory largely depends on the $0.16 support level. If breached, it could trigger a bearish trend, potentially lowering the price to $0.14. However, maintaining this level might lead to a bullish reversal with resistance at $0.18 and $0.20. Investors are monitoring these levels closely as they could significantly influence Dogecoin's short-term market direction.
Pi Coin's Price Outlook
Pi Coin (PI) is trading around $0.92, reflecting a 5% decline from the day before. Previously, the token reached $1 but then retreated to a low of $0.9174. Concerns about upcoming token unlocks and the lack of confirmation regarding a Binance listing contribute to a bearish sentiment. If this trend continues, PI might dip to $0.71 in April. However, technical indicators suggest a possible reversal. If it occurs and buying pressure increases, PI might challenge the $1.10 resistance level, potentially moving toward $1.30.
BlockDAG Introduces Beta Testnet
BlockDAG's Beta Testnet, codenamed 'Primordial,' marks a significant step toward scalable blockchain infrastructure. It combines DAG architecture's speed and the reliability of a Proof-of-Work (PoW) mechanism using the GHOSTDAG protocol. This hybrid design allows parallel block processing with throughput exceeding 2,000 transactions per second (TPS). The testnet also supports Ethereum Virtual Machine (EVM) compatibility, reducing barriers for developers working with dApps and smart contracts in a high-performance environment, fostering innovation in a developer-friendly environment.
BlockDAG shifts attention to core functionality, offering a unique solution for the future of blockchain. While Dogecoin and Pi Coin continue to occupy headlines, BlockDAG quietly prepares the ground for long-term utility, raising over $209 million and selling 18.9 billion coins.
