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Market Shift in Cryptocurrency: Kaspa Gains Traction, PUMP Dips, BlockDAG Announces Global Launch

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by Giorgi Kostiuk

3 hours ago


The cryptocurrency market is experiencing rapid changes. Kaspa continues to rise, while PUMP faces significant price drops due to actions by early holders. Meanwhile, BlockDAG is nearing an important phase in its launch.

Kaspa KAS: Rally Continues

Kaspa is drawing attention with its rising KAS price, which has climbed above $0.09. Trader sentiment has reached an all-time high of 97%, indicating confidence. Technical signals show KAS holding above the 30-period EMA, establishing an upward trend since early July.

PUMP Crash: 56% Drop

PUMP's value has plunged nearly 56% from its peak price of $0.0067 to around $0.0030. Two major holders dumped over $160 million in coins onto exchanges, flooding the market. Without structured lock-ups, early participants sold quickly, amplifying downward pressure. Despite buyback efforts and team reassurances, the price fell below its listed level of $0.004.

BlockDAG: Global Launch and Prospects

The BlockDAG GLOBAL LAUNCH release phase is in full swing. The project appears to be nearing presale closure, with $353 million raised and over 24.3 billion coins sold. It has confirmed 20 exchange listings and is building the necessary infrastructure for launch readiness.

Market sentiment is shifting, displaying a range of outcomes. Kaspa's strength may hold if momentum continues, while PUMP's rapid decline highlights risks associated with early access. BlockDAG, on the other hand, reports systematic progress and continues to gain attention due to its upcoming events.

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