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Ethena Rises 19% After South Korea Listing, PEPE Gains Support from Whales

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by Giorgi Kostiuk

3 days ago


This week has seen significant fluctuations in the crypto market. Current trends are impacting tokens Ethena and PEPE, while the BlockDAG project offers a unique opportunity for investors.

Ethena (ENA) Rises After Listing

The Ethena (ENA) price increased 19.27% today after it was listed on Upbit, South Korea’s largest crypto exchange. The token rose from around $0.327 to $0.390 before settling near $0.357. Trading goes live at 5:00 PM KST with support for Ethereum-based deposits and trading pairs in KRW, BTC, and USDT.

PEPE Price Outlook Improves

The PEPE price outlook turned more positive after a 17% price rise over the past day. Bitcoin’s move to $116,000, a wedge breakout, and whale accumulation all played a role. Technical signals like MACD and RSI confirmed the bullish setup, while whales pulled more than 9 trillion PEPE off exchanges in just two weeks.

BDAG Provides Token Unlock Opportunity

At launch, most BlockDAG holders will unlock 40% of their BDAG coins. But for the next 2 days, a different option is available. The BEAT VESTING PASS lets buyers unlock 80% on day one. This could increase liquidity when the market is most active. Additionally, a Wallet Change feature has been added, allowing users to update their wallet addresses before the GLOBAL LAUNCH release on August 11.

Current market trends indicate growing interest in Ethena and PEPE tokens while BlockDAG offers unique conditions for investors. As the August 11 launch date approaches, the project gains attention due to its active presale and improved account management system.

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