BlockDAG, a new cryptocurrency initiative, has garnered attention by raising $331 million during its presale and forging a partnership with Seattle Seawolves. Amidst this, TRON and Dogecoin are displaying interesting price patterns.
Overview of BlockDAG and its Achievements
BlockDAG, or BDAG, stands out among other cryptocurrencies thanks to a successful deal with Seattle Seawolves and the monumental capital raised of $331 million. Over 23.5 billion tokens have been sold, and the price at the global launch is set at $0.0016 until August 11, 2023.
Current Situation with TRON
According to technical data, TRON's daily transactions have increased by 80% since September, reaching almost 9 million transactions per day. However, the TRX token price continues to face strong resistance at the $0.28 level, oscillating between $0.275 and $0.283.
Dogecoin's Situation and Patterns
Dogecoin is forming a descending triangle pattern, testing support at the $0.1369 level, indicating price stabilization ahead of a potential strong move. The current conditions create a reason for traders' interest.
With the launch of BlockDAG and its impressive results, alongside the active dynamics of TRON and Dogecoin, the crypto market is on the brink of potential changes. In the upcoming months, it is worthwhile to keep an eye on the further developments.
