The cryptocurrency market is attracting attention once again due to significant volatility. In particular, the 97% decline of the MELANIA token and increasing interest in Stellar (XLM) have sparked lively discussions in the crypto community.
The MELANIA Crash and Its Impact
The MELANIA token experienced a staggering 97% drop, falling from its peak to $0.36. This decline has raised suspicions of a potential slow rug pull, as reports indicate that the team sold $14.7 million worth of tokens over the past month. Such actions have raised concerns among investors, as selling pressure continues to mount.
Stellar (XLM) Forecasts
Analysts are focusing on Stellar (XLM), predicting a price of $6.19 by 2030. With a current price of $0.2562, XLM recently climbed by 6.2%, driven by increased usage for transactions and collaborations with companies like JP Morgan, Visa, and Netflix.
Discussion on Dragoin ($DDGN)
The Dragoin ($DDGN) project is already operational, providing players with the chance to earn tokens through a ‘tap-to-earn’ game. Players collect Dragoin Coins which can later be converted into $DDGN. The game is currently live, creating real value for participants.
The cryptocurrency market remains volatile, showcasing sharp declines such as MELANIA's, while optimistic projections persist for another reliable cryptocurrency – Stellar. Dragoin offers a unique gaming experience and participation opportunities, which could make it an interesting choice for investors.
