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Ethereum and PEPE Surge: What's Happening in the Crypto Market?

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by Giorgi Kostiuk

2 hours ago


At the end of August, the crypto market shows substantial movements: Ethereum has reached $4,200, PEPE has risen 10%, while the BlockDAG project continues to gain popularity due to its events.

PEPE's Monthly Surge

PEPE's price increased by 10.8%, reaching $0.00001237, sparking discussions of potential analogies with its past growth. The current consolidation appears broader than last year's, which may signal a possible strong rally if resistance levels are overcome.

Ethereum Achievements: Breaking the $4,200 Mark

Ethereum broke through the $4,200 level, marking its highest value since late 2021. This momentum triggered over $207 million in short liquidations, prompting analysts to revise their forecasts upward to $4,500.

BlockDAG: Success and Innovations in the Presale

The BlockDAG project has shown significant achievements, raising over $378 million and selling more than 25.2 billion coins. The sale of over 19,300 miners and the launch of the updated Dashboard V4 have significantly enhanced user engagement.

The price dynamics of Ethereum and PEPE add excitement to the cryptocurrency market, while BlockDAG's achievements demonstrate that projects can see real growth and adoption even at the presale stage.

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