This article examines the latest news in the crypto market, including price dynamics of Dogecoin and Chainlink, as well as a new offering from BlockDAG.
Rise in Chainlink Transaction Activity
Recent Chainlink news reported a 105% increase in large transactions, reaching $54.8 million within 24 hours. This increase came amid $202 million in liquidations across the market, with LINK holding steady despite minor pullbacks. Chainlink continues to attract institutional interest, especially following partnerships with Mastercard and the emergence of a tokenized equity platform on Kraken.
Stability of Dogecoin Prices
The Dogecoin (DOGE) price chart continues to follow a broad ascending channel that began in 2022, showing a pattern of higher lows and trendline support. Despite falling 70% from its December high, DOGE remains above its primary support line. If this trend stays intact, the chart indicates a potential gradual move toward the $0.73 mark. Historically, each bounce from the lower trendline has triggered strong rallies, and the Dogecoin price chart suggests that the token is currently consolidating within this structure.
New Offering from BlockDAG
BlockDAG has officially set its current presale price at $0.0016, with growing interest. BDAG is expected to launch at $0.05 after listings go live, providing current buyers an opportunity for a 3,025% return. Thus far, BlockDAG has raised over $332 million, selling more than 23.6 billion coins. This offering is positioned as one of the strongest among active presales.
In conclusion, the current state of Dogecoin prices and the rise in interest in Chainlink underline the stability and appeal of these assets, while BlockDAG offers new opportunities for investors.