The cryptocurrency market exhibits sharp contrasts among different coins. Dogecoin shows strong growth, while Stellar faces difficulties. Meanwhile, BlockDAG attracts attention due to its successful presale.
BlockDAG's Success and Presale
BlockDAG's presale has become a true sensation, raising over $395 million and selling 25.7 billion coins. This process involves both large and small investors, creating significant interest in the project. In particular, two whales invested $4.4 and $4.3 million, revitalizing the market and attracting new participants. Currently, a special batch price of $0.0013 is available until October 1, ahead of the $0.05 launch.
Dogecoin's Rise Amid Whale Activity
Dogecoin has demonstrated strong growth, particularly in late August when trading volumes exceeded 680 million DOGE worth approximately $161 million within a single day. Moreover, analysts believe DOGE has the potential to reach between $0.30 and $0.40 in the short term if whale activity continues.
Stellar's State in Times of Turbulence
Stellar is facing increased volatility after attempting to break the $0.40 resistance level. Currently, XLM is valued at approximately $0.364, down about 5% from previous days. Despite this, interest from institutional investors remains high, which could support Stellar's growth in the longer term.
There is a clear contrast between the dynamics of Dogecoin and Stellar, while BlockDAG holds leading positions in the market due to its successful presale. These events highlight the importance of monitoring activity in the cryptocurrency market.
