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Cryptocurrencies: Polkadot Faces Resistance, Pepe Awaits Signals from Ethereum, and BlockDAG Gives Away 9 Million Coins

Cryptocurrencies: Polkadot Faces Resistance, Pepe Awaits Signals from Ethereum, and BlockDAG Gives Away 9 Million Coins

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by Giorgi Kostiuk

6 hours ago


In recent days, the cryptocurrency market shows signs of optimism. Investors are focusing on tokens capable of demonstrating real movement, such as Polkadot, Pepe, and the BlockDAG project.

Polkadot (DOT) Prospects Against Resistance

Polkadot (DOT) price is consolidating around $3.97 after climbing above $4.00 earlier this year. A key level to watch is $4.85, which analysts see as a critical resistance that could lead to an upward rally towards $6. The price formation previously indicated a falling wedge pattern. Current technical indicators, including RSI and MFI, suggest continued accumulation.

Pepe and its Connection to Ethereum's Movement

Pepe price is trading around $0.000058, slightly lower on the day, but that could quickly change if Ethereum breaks above $3,000. Previous ETH rallies have sparked massive gains in ERC-20 meme coins. For example, Shiba Inu once surged 1,700% under similar conditions. If PEPE follows that trend, it could target prices between $0.000075 and $0.00010.

BlockDAG's Buyer Battles: 9 Million Coins to a Single Wallet

BlockDAG's Buyer Battles are changing how daily presale contributions are rewarded. Each day, a sales target for BDAG coins is established. If the goal is not fully reached by the end of the day, the remaining coins are given directly to the wallet with the largest single purchase during that 24-hour period.

Current trends in the cryptocurrency market highlight a range of opportunities. Polkadot needs to push past $4.85 to target $6, while Pepe is poised for movement depending on Ethereum. BlockDAG is already generating real returns.

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