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TRUMP Slumps 21%: Crypto Market Faces Challenges

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by Giorgi Kostiuk

2 days ago


Recent weeks have seen significant shifts in the crypto market, with the TRUMP price drop and uncertain prospects for Bittensor (TAO).

TRUMP Price Decline

The official TRUMP price has dropped by 21% this week, reaching around $10.15. This decline is attributed to the overall market downturn caused by Bitcoin's slump and disappointment over Donald Trump's recent executive order that didn't include Bitcoin purchases.

Bittensor (TAO) Future in Question

Bittensor (TAO) continues to face pressure, with prices falling below $300, marking a 46% decrease from its February high. Analysts have identified potential bounce zones around $250-$260, but future developments will largely depend on Bitcoin's performance.

BlockDAG Security Measures

In light of growing security concerns in the crypto market, BlockDAG is taking additional steps to bolster its security. The project is undergoing deep internal audits, has completed a Halborn review, and is subject to a CertiK assessment. A full blockchain audit is planned after the testnet launch.

As the crypto market remains volatile, analysts continue to monitor the official TRUMP and Bittensor (TAO) prices. Stability and potential for growth may depend on future developments regarding Bitcoin.

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