In the world of cryptocurrency, partnerships often generate interest, but this does not always result in price growth. This article examines the latest developments related to BONK, Pi Coin, and BlockDAG.
Partnerships Fail to Boost BONK Prices
Recent moves by BONK were expected to improve the price situation, but the reality has proved different. The partnership with World Liberty Financial, which was supposed to position BONK as the official USD1 launchpad on Solana, failed to deliver results. The price dropped by 5.18% to $0.00002105 within 24 hours and has fallen nearly 19% over the past month.
Despite this, trading activity remained strong: daily BONK trading volume surged by 40%, reaching $32 million.
Pi Coin Faces Pressure Despite Upgrades
Pi Coin started September with a 10% drop, which reversed recent gains following its U.S. listing. However, a lower unlock volume this month, totaling just 161 million coins, may help stabilize the situation. Simultaneously, Pi Network is rolling out upgrades to the Stellar Protocol v23 to enhance smart contract and node interactions, which could boost trust in the network over time.
Rumors of potential listings on major exchanges continue to circulate.
BlockDAG Demonstrates Real Utility
While BONK and Pi Coin remain stagnant, BlockDAG is pushing forward. Recent events, such as the deployment event in Singapore, showcase that the project is set on development. To date, BlockDAG has secured $403 million and sold 26.1 billion coins in presale, demonstrating significant interest in the project. Users have been able to purchase coins at a fixed price of $0.0013.
The network is also actively developing mobile applications, with over 3 million users daily mining 20 BDAG. Additionally, buying activity on the platform has notably increased.
The current situation shows that BONK and Pi Coin face price challenges despite announced partnerships and updates. In contrast, BlockDAG has demonstrated a successful development model, achieving real results in a short time.
