The crypto market continues to show volatility. PEPE is experiencing significant price drops, while Ethereum remains stable, and BlockDAG initiates a major airdrop.
PEPE Shows Weakness in the Market
PEPE is facing pressure, with an 18% drop over the past week. The asset's price has fallen below key support levels, which is attributed to a whale dumping 2.2 trillion coins. This event has negatively impacted trader sentiment, while the overall dynamic of meme coins leaves much to be desired. The market is waiting for signals from large holders.
Ethereum Demonstrates Stability
While PEPE encounters difficulties, Ethereum holds steady at around $2.251. A recent purchase of 17,070 ETH valued at $39 million by a whale underscores interest in the asset, despite its recent fluctuations. Analysts indicate that Ethereum needs to break above $2,350 for a short-term recovery.
BlockDAG Launches Airdrop and Attracts Attention
BlockDAG has announced the start of a 100 million BDAG coin airdrop, highlighting its focus on user engagement. The initiative includes various quests that reward users for real participation in testing and utilizing the platform. Through this initiative, it aims to attract 10 million new users.
Amid PEPE's decline and growing interest in Ethereum, the BlockDAG project stands out with its activity and newly launched airdrop. The market shows that users are becoming increasingly interested in real technological benefits rather than temporary popularity.
