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Price Forecasts for Dogecoin and Stellar in Light of BlockDAG's 100M Airdrop

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by Giorgi Kostiuk

7 hours ago


Amidst the growing popularity of cryptocurrencies, Dogecoin and Stellar are showing promising results, while BlockDAG introduces a new reward model focused on user participation.

How BlockDAG Airdrop Works

The BlockDAG airdrop stands out from traditional models by focusing on user engagement rather than mere holding of coins. Users can engage through various quests in four categories: Testnet, Presale, Social, and Referral, allowing them to accumulate points and climb the leaderboard.

Dogecoin Price Dynamics

Dogecoin's recent increase of 5.5% has caught traders' attention as the coin tested the resistance level of $0.123 and briefly reached $0.126. Key support levels, such as the 50-day EMA, indicate the potential for further growth, marking it as an important asset in the market.

Stellar's Prospects and Market Role

Stellar (XLM) is currently trading just below $0.10, with increasing trading volume indicating growing interest from buyers. The formation of higher lows may suggest an impending breakout above this key level. Stellar's involvement in financial services and remittances underlines its importance in the cryptocurrency landscape.

In light of the activity in the cryptocurrency market, Dogecoin shows potential for growth while Stellar strengthens its position. With BlockDAG's unique reward model for engagement, users may find new ways to participate and enhance their holdings.

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