Cryptocurrencies continue to forge new strategies and directions. Dogecoin, Stellar, and BlockDAG are drawing attention with bold plans.
Dogecoin Launches $1.8M Reserve
The Dogecoin Foundation, through its commercial entity House of Doge, has announced the creation of the official cryptocurrency reserve. As part of the initiative, 10 million DOGE, approximately $1.8 million, have been acquired. The goal is to improve liquidity and transaction speed, making Dogecoin more convenient for everyday operations. The plan also includes offering merchants perks like cashback and discounts for accepting DOGE.
Stellar's 2025 Price Predictions
Crypto analyst Lee the Captain has made three major predictions for Stellar (XLM) by the end of 2025. The first projection of $5 per XLM is based on Stellar’s strategic entry into the $2 trillion global payments market and its aim at the $5 trillion trade and finance market by 2028. The second prediction of $7.50 suggests Stellar reaching a $230 billion market cap, which is achievable considering Ethereum's similar success. The boldest prediction of $10 per XLM is reliant on the doubling crypto adoption and institutional investor interest.
BlockDAG's Testnet Rewards
BlockDAG is implementing a new reward model with its Beta Testnet 'Primordial'. The project offers real BDAG tokens for various activities such as mining, trading, and holding. The top 10 most active wallets, mining nodes, and largest holders will receive $2,000 in BDAG tokens at launch. This system has already attracted significant community interest.
Dogecoin, Stellar, and BlockDAG demonstrate different approaches to development. These initiatives show the diversity of strategies in the cryptocurrency market, from improving liquidity to providing real user rewards.