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Dogecoin and PEPE Show Significant Fluctuations: What to Expect Next?

Dogecoin and PEPE Show Significant Fluctuations: What to Expect Next?

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by Giorgi Kostiuk

5 hours ago


The cryptocurrency market continues to surprise with its fluctuations. Recent data shows that Dogecoin and PEPE have demonstrated significant price spouts, while the BlockDAG project attracts attention with its unique referral model.

Dogecoin Price Surge

Dogecoin (DOGE) recently increased by 42% within a week, reaching $0.168. Blockchain data shows increased whale activity and a 117% rise in trading volume, indicating strong market interest. Speculations exist regarding Elon Musk's possible role when discussing DOGE price dynamics. Key resistance stands at $0.17–$0.18, and $0.20 remains the psychological mark. Some analysts express skepticism about the strength of this rally, but continuation is possible if trading volume remains stable.

PEPE: Strong Growth and Potential Pause

Currently, PEPE has shown a 180% increase year-to-date, briefly hitting $0.00001535, its highest level since January. This move was accompanied by $3.2 billion in daily volume and over $662 million in futures open interest. However, market signals suggest caution as the relative strength index (RSI) has reached 84, indicating overbought conditions. Although the double-bottom breakout above $0.000009212 still holds, traders may expect a short-term fallback to retest this support level.

BlockDAG's Referral Rewards Model

The BlockDAG project utilizes a referral model that has proved to be a reliable source of passive coin rewards. Participants who join the presale receive a referral link. When someone uses that link to purchase BDAG, the referrer earns 25% of the purchase in coin form, while the buyer receives 5%. These rewards are delivered instantly, with no delays or conditions. Thus far, BlockDAG has sold over 20.5 billion coins and attracted over 170,000 holders.

While Dogecoin and PEPE experience rising prices, the BlockDAG project stands out with its stable reward model and significant achievements in the primary market. The opportunities presented by BlockDAG may prove attractive in the rapidly changing cryptocurrency market.

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