In the cryptocurrency world, two notable assets—Dogecoin and Pi Coin—are facing challenges, while the new player BlockDAG shows impressive results.
Dogecoin: Challenges and Support
Dogecoin's price is at $0.1669, down 1.74% in a day and over 13% in a month. Despite the decline, DOGE continues to draw attention due to its liquidity and meme coin status. The price fluctuates between $0.160 support and $0.175 resistance, creating uncertainty for investors.
Pi Coin: Second Rejection from Binance
Pi Coin has once again been excluded from Binance’s ‘Vote to List’ program, leading to a swift market reaction with the price dropping over 16%. It is now trading around $0.56, which is more than 75% down from its all-time high. The reason for the rejection lies in its tokenomics as Pi is not built on the BNB chain.
BlockDAG's Success: How the Project Gains Attention
BlockDAG has demonstrated significant achievements in recent days, raising $212 million and launching a testnet with over 1.2 million transactions processed. Unlike the struggles faced by DOGE and Pi Coin, BlockDAG is making bold strides forward, with ambitions to launch more than 1,000 decentralized applications by 2026. CEO Antony Turner noted that the team is not looking to take shortcuts, but to establish new standards in blockchain technology.
While Dogecoin and Pi Coin face substantial hardships, BlockDAG is moving confidently forward, proving that sustainable growth is possible without excessive hype. The project is gaining popularity due to its infrastructure and execution.
