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Review of Cryptocurrencies: Dogecoin, XRP, and BlockDAG Perspectives

Review of Cryptocurrencies: Dogecoin, XRP, and BlockDAG Perspectives

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by Giorgi Kostiuk

a day ago


The cryptocurrency market shows constant shifts, yet the fundamental value lies in technologies and their applications. This article examines the prospects of Dogecoin, XRP, and BlockDAG technology.

BlockDAG's Prospects as a Web3 Foundation

BlockDAG is gaining attention as a useful layer for Web3 development. Utilizing a DAG structure with Proof-of-Work, the project can process transactions and smart contracts concurrently. This solves congestion issues typical of traditional blockchains.

Since its launch, BlockDAG has raised over $272 million, with more than 21.3 billion coins sold, highlighting strong interest in the project.

Dogecoin's Key Support Maintenance

Dogecoin (DOGE) is trading around $0.227, down 1.65% from the previous day. Dogecoin shows support at $0.21, and if this level holds, it may reach $0.26. The increase in active addresses by over 500% indicates a rise in user activity, which could help maintain the price at a high level.

Risks for XRP After Significant Surge

XRP has increased by more than 385% since the end of 2024; however, recent signals suggest a possible slowdown. Data indicates that over 70% of capital was invested near recent highs, and active addresses have dropped by over 90% since March 2025, which may negatively impact XRP's support.

Technical analysis shows the formation of a falling wedge, which could lead to a 25% price drop, testing the support level at $1.76.

Amid the shifts in the cryptocurrency market, it is the technologies and their applications that become the defining factor. While Dogecoin and XRP face uncertainty, BlockDAG offers a real foundation for application development in Web3.

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