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Monero, Uniswap and BlockDAG: Current Trends and Forecasts

Monero, Uniswap and BlockDAG: Current Trends and Forecasts

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by Giorgi Kostiuk

4 hours ago


Cryptocurrency markets continue to attract attention from investors and traders. This article examines current trends in the Monero and Uniswap markets, as well as the relatively new BlockDAG project with its unique strategy for user engagement.

BlockDAG Referral Program and Its Impact

BlockDAG, utilizing a hybrid of DAG and blockchain technologies, promotes its unique referral program that allows users to earn 25% from new user purchases. This has created a unique scenario where ordinary users can become substantial asset holders. Each user has access to the feature of creating a referral link. For successfully bringing in new participants, they receive rewards in the form of BDAG coins.

Monero Price Growth and Its Factors

The price of Monero (XMR) has risen over 60% in the past month, reaching $352. The surge in interest in privacy-focused assets and upcoming updates to the FCMP++ protocol contributes to this growth. Current support at $350 is strengthening, while resistance remains at $400 and $420. Analysts predict that maximum targets may reach between $480 and $580.

Uniswap Price Analysis and New Initiatives

Uniswap (UNI) price analysis shows growth to $6.82 with an increase in whale transactions. Key protocol changes, including proposed fee structures and new initiatives aimed at increasing DAO revenues, also contribute to the current investment interest. Short-term expectations for UNI could reach $8.13, while long-term forecasts for 2025 suggest growth to $45.74.

Thus, despite the current trends and price increases for Monero and Uniswap, BlockDAG stands out with its innovative referral program as an interesting player in the market. These projects raise important questions about the future of cryptocurrencies and opportunities for users.

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