The crypto market is witnessing significant shifts: Dogecoin's price plummeted by 13% while Cardano whales' activity decreased. Meanwhile, BlockDAG is capturing investors' attention with its cashback offering.
DOGE Price Plummets Sharply
DOGE price dropped sharply by 13% to $0.2539, raising questions about its future prospects. Despite previous hopes of a resurgence to $0.31, interest in DOGE is waning. Investors are watching closely for a potential uptick in trading volume or a shift in market sentiment to strengthen their positions.
Cardano Whales Show Limited Activity
Cardano whale activity has dwindled, reflecting weak confidence in ADA's growth. ADA's price dropped by 18% and stabilized at $0.7111. The lack of change in the number of addresses holding between one and ten million ADA indicates stable but sluggish whale activity.
BlockDAG's Cashback Strategy Nears Milestone
BlockDAG's presale has amassed over $192.5 million. Attention is drawn to the project due to its affiliate program, offering a 5% cashback to both the recommender and new buyer. This approach has boosted presale participation, nearing the ambitious $600 million target.
The current events in the crypto market illustrate different trajectories for various assets. DOGE's decline and reduced whale activity in Cardano point to instability, while BlockDAG's unique strategy attracts new participants and offers growth potential.
