Current market conditions in the cryptocurrency world lead to various trends, including the PEPE rally, ETH stability, and BlockDAG efforts.
Infrastructure Focus: The Importance of Structure
BlockDAG demonstrates the significance of infrastructure in the crypto market, irrespective of short-term price fluctuations. The project has already launched several assets, including an Academy and a testnet, confirming practical value. The organization reported figures of $395 million raised and 25.7 billion coins sold, which highlights the investment appeal of the project.
PEPE Prospects: Testing Key Levels
PEPE is at an important support level of 0.00001162, which may prepare for a potential 15% rally. Sustained buying at each dip signals confidence among participants. Analysts note that this dynamic could pave the way for testing new levels, such as 0.00001533.
ETH Struggles to Maintain $4000 Support
Ethereum is testing a support level around $4000 amid increasing network activity. Over 1.7 million daily transactions are being recorded over a 14-day period, a record since 2021. Maintaining this level could lead to potential improvements, though a drop below may have negative impacts.
Short-term price fluctuations are normal in the cryptocurrency market. While PEPE and ETH continue to attract attention with varying forecasts, BlockDAG shows advantages backed by real developments and community.
