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Current State of the Crypto Market: TRUMP Coin Loses Value, BNB Shows Stability, while BlockDAG Thrives

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by Giorgi Kostiuk

18 hours ago


Recent days have shown significant changes in the cryptocurrency market: TRUMP Coin has sharply declined, while BNB remains stable, and BlockDAG draws considerable investment.

TRUMP Coin Under Pressure

The TRUMP coin is facing challenges, having fallen more than 85% from its peak and now trading around $10.60. Key reasons for the drop include the upcoming token unlock on July 18 and rising political controversies. It is expected that 50 million tokens will enter circulation, adding over $500 million in liquidity to the market.

BNB: Resilience Amid Instability

BNB demonstrates stability, hovering near $660. The price remains between key levels with support at $625 and resistance at $680. The upcoming Maxwell upgrade is expected to enhance network efficiency and possibly push the price towards $707 and above.

Buzz Surrounding BlockDAG and Its Successes

BlockDAG has become a topic of active discussion, raising over $299 million in its presale and making a remarkable journey. The current price of BDAG is $0.0276, with forecasts suggesting growth to $1 and $20 in the future. The project promises unique features including mobile mining and ease of use for smart contracts.

Given the current market trends, TRUMP Coin faces significant challenges, while BNB maintains stability, and BlockDAG rapidly attracts the attention of crypto investors due to its innovations and successful sales.

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