This week, the crypto world was captivated by Dogecoin's surge and BlockDAG's strategic plans. Dogecoin saw a 7% increase, while BlockDAG announced plans to boost its network's throughput. Let's delve into the key events.
Dogecoin Rallies on Federal Rate Cut Hopes
The latest 7% increase in Dogecoin’s value was driven by macroeconomic signals, such as a softer stance on interest rates and potential trade tariff exemptions. Market observers believe maintaining above $0.18 is crucial for DOGE to avoid sliding back to critical support levels at $0.16 and $0.14.
BlockDAG Reaches Multi-Million Goals
BlockDAG has shown confidence in its growth, raising over $208 million through its crypto presale. In the recent presentation, participants learned about the aim to reach 15,000 transactions per second within two years post-mainnet launch.
Innovation and Developer Engagement at BlockDAG
BlockDAG is actively focusing on attracting developers. The recently announced BlockDAG Academy and available grant programs support a developer community exploring the platform's capabilities in DeFi, gaming, and infrastructure.
Dogecoin and BlockDAG are evolving in different ways. Dogecoin reacts to external market factors, whereas BlockDAG focuses on long-term network development. Upcoming events for both currencies promise to be significant for their future in the crypto market.
