Certain altcoins are capturing increasing attention against the backdrop of market momentum. Let's examine Ethereum, TRON, PEPE, and BlockDAG — each gaining interest for different reasons.
BlockDAG (BDAG): Real Utility and a Rapidly Growing Base
BlockDAG stands out from competitors due to its upcoming global launch. The project has raised $357 million in presale funding and sold over 24.5 billion BDAG coins. Over 200,000 users are actively part of the community. The project allows users to mine BDAG through the X1 Miner App, which has attracted more than 2.5 million users. This accessibility and utility enhance the chances for further expansion.
Ethereum (ETH): Strength from Institutional Backing
Ethereum continues to attract investor attention due to support from large financial institutions. Over $8.6 billion has been raised in response to the approval of a spot ETH ETF. The market is watching ETH's price, which hovers around $3,700. Positive predictions suggest potential growth to $4,000 and beyond.
PEPE (PEPE) and Its Meme Power with Whale Support
PEPE shows growth driven by the activity of large token holders. In July alone, over 1 trillion PEPE tokens were acquired by major wallets. The project is finding applications in NFTs and Web3 games, increasing its functionality. Currently, PEPE's price is about $0.000013.
Each of these altcoins has unique features and market presence. Ethereum continues to attract institutional investor support, PEPE is adapting to new realities, and TRON stands out with its high transaction volumes. Meanwhile, BlockDAG demonstrates significant interest even before its official trading starts.
