Increasing pressure on XRP and a sharp decline in prices of Pi Network have caught analysts' attention. Meanwhile, the BlockDAG project offers new opportunities for users.
XRP Faces Capital Outflow
XRP is under pressure as over $4 billion exits the market in just 24 hours, reducing its market cap from $137.5 billion to $133.39 billion. Despite a slight rebound, the price holds steady at $2.31, remaining above key moving averages. Analyst Brett Crypto noted that XRP has broken free from a 7-year descending triangle, potentially allowing for a rise to $4.43.
Pi Network's Dip and Token Outlook
Pi Network (PI) is down 53% from its monthly high, dropping to $0.7752. This sharp decline followed over 2 million tokens being sent to exchanges in 24 hours, creating sell pressure. If it falls below $0.6584, the next stop could be $0.5545. Additional token unlocks are expected in the coming days, which may further pressure prices.
BlockDAG's Referral System as an Alternative
While other projects face downturns, BlockDAG offers a referral system with a 25% bonus. Users can earn simply by sharing links without needing additional investments. Each time someone makes a purchase through the referral link, users receive 25% of the transaction.
In conclusion, while XRP and Pi Network are experiencing challenges in a volatile market, alternative approaches like BlockDAG's referral system provide users opportunities to earn amid market shifts.
