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Overview of Recent Trends in the Cryptocurrency World: Key Events

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by Giorgi Kostiuk

3 hours ago


Changes are occurring in the cryptocurrency world related to Chainlink whale activity, Dogecoin price stability, and the upcoming launch of BlockDAG.

Rise in Chainlink Whale Activity

Recent news on Chainlink reported a significant increase in whale activity. Big transfers jumped 105%, reaching $54.8 million in just one day. This occurred amid a broader market where $202 million in liquidations were recorded. Despite small price fluctuations, LINK remains resilient.

Dogecoin Price Dynamics

The Dogecoin price chart continues to hold its rising channel that started in 2022. There are signs of strong support as higher lows keep forming. Despite a 70% drop from its December high, the trend remains intact. The Dogecoin chart points to a potential rise towards $0.73 if the current pattern holds.

Current Status of BlockDAG Ahead of Launch

BlockDAG has locked its presale price at $0.0016 ahead of the global launch. The launch price is confirmed at $0.05, indicating a 3,025% potential return for early investors. The project has already raised over $332 million, and more than 23.6 billion tokens have been sold. The global launch is set for August 11, and there are expectations for significant developments.

The cryptocurrency market situation continues to evolve, focusing on Chainlink whale activity, Dogecoin resilience, and the upcoming BlockDAG launch. These events may influence investor behavior and future trends in crypto investment.

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