The cryptocurrency market is witnessing an increase in prices for Dogecoin and Cardano amid active rumors and new projects.
Dogecoin Hits New Highs
Dogecoin's price has risen by 1.35% in the past 24 hours and is currently trading at $0.2065. During the day, DOGE dropped to IDR 3,280 before climbing to IDR 3,466. Trading volume surged by 38%, reaching $1.74 billion. The main question now is whether DOGE can stay above the $0.20 level. If the Relative Strength Index (RSI) rises above 50, it could confirm a bullish trend.
Cardano and NIGHT Token Launch
Cardano is back in the spotlight due to rumors surrounding a potential NIGHT token airdrop. Over one million wallets are reportedly eligible, boosting ADA's price and community interest. Additionally, Cardano secured $71 million in funding aimed at improving its technology and developer tools.
BlockDAG Sets Records in Presale
BlockDAG has officially surpassed $365 million in presale, making it one of the most successful early-stage raises in recent crypto history. This surge comes just days ahead of its GLOBAL LAUNCH scheduled for August 11. The project is utilizing Directed Acyclic Graph technology to address longstanding scalability issues, placing it at the forefront of the cryptocurrency movement.
With growing institutional interest, Dogecoin, Cardano, and BlockDAG are shaping up to be strong contenders for both long-term and short-term buyers. These projects demonstrate their market significance and continue to attract investor attention.