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Cryptocurrencies in Focus: PEPE's Resilience, Avalanche's Growth, and BlockDAG's Success

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by Giorgi Kostiuk

5 hours ago


The cryptocurrency market continues to show dynamics, with traders focusing on several key assets like PEPE, Avalanche, and BlockDAG. Let’s explore the current trends and achievements of these projects.

PEPE Holds Key Support Zone

PEPE is steadily located around $0.0000122, with resistance close to $0.0000135. After losing 11% over the last month, PEPE is trying to build a stronger support level. The 100 to 200 EMA zone is critical now. If it climbs above $0.0000132, a rally could follow. Conversely, if it drops below $0.0000120, it may slide down to $0.000008. The trading volume remains stable, and the coin has a multi-billion dollar market cap, keeping interest strong. Approximately 438K holders are choosing to hold long-term.

Avalanche Sees Surge in Transactions

Avalanche has been experiencing growth, with daily transactions reaching over 5.8 million, the highest level since early 2022. Subnets are powering games and high-performance apps, which is a clear indication of the blockchain’s real use. Avalanche is also growing with real-world assets and institutional uses. The launch of a $100 million Avalanche fund by VanEck reflects the trust in this blockchain. Currently, AVAX is trading between $21 and $22, which highlights the consistent healthy growth bolstered by real demand.

BlockDAG Presale Achievements

BlockDAG is demonstrating actual results, avoiding hype. Its GO-LIVE plan is unfolding as promised, with miner shipments confirmed and exchange listings secured. The presale has raised $318.5 million, over halfway to its $600 million target, with 23.1 billion coins sold. The attention BlockDAG receives stems from its tangible achievements and commitment to timelines, including plans for new hardware models and support mechanisms for the community.

PEPE is maintaining a support level, while Avalanche shows a steady rise in transactions. BlockDAG stands out due to significant achievements and the real execution of its plans. These three projects continue to impact the cryptocurrency market and attract investor attention.

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