The crypto market is experiencing fluctuations, with other projects gaining attention instead of meme coins.
Ethereum's Support: Large Investments
Ethereum is trying to stabilize after recent losses, with prices hovering around $2,251. A major wallet added 17,070 ETH worth $39 million, increasing the total to over 132,000 ETH, valued at over $300 million. This has refocused attention on the $2,100 support level which has held against retail selling.
PEPE Slides After Whale Exits
After months of fast gains, PEPE is facing pressure from large sell-offs. In the past week, the coin has dropped 18%, breaking below both its 50-day and 200-day averages. A significant part of this decline came after a whale sold 2.2 trillion PEPE tokens.
BlockDAG Airdrop Launch and Its Importance
BlockDAG has launched its long-anticipated airdrop of 100 million BDAG coins. This initiative is helping to attract real users. The campaign is divided into several parts, including testing and social tasks that reward user participation. This indicates a shift in focus toward projects with real functionality.
Amidst market instability, projects like BlockDAG begin to stand out due to their real tools and active users.
