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XRP, TRON, and BlockDAG: Current Market Trends and Prospects

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by Giorgi Kostiuk

2 hours ago

This week highlights three main stories in the cryptocurrency world: XRP's stability, TRON's actions amid sales, and the BlockDAG launch.

XRP Price Analysis and Regulatory Risks

XRP is trading between $2.83 and $3.11, closing at $3.04. Despite strong resistance, the price remains above $3.00. However, news that 42 traditional banks oppose Ripple's banking license application adds regulatory risks.

TRON's Status Amid Profit-Taking

TRON holds at $0.33 despite $1.4 billion in profit-taking. Data shows that most sellers are long-term holders cashing in. A clean break above $0.33 could lead to a rise to $0.35.

BlockDAG's Prospects and Launch

BlockDAG is concluding its presale at $0.0016. On August 11, the price is set to rise to $0.0276. The project has raised over $369 million and offers users a dashboard with real-time charts and data. Partnerships and Web3 engagement are driving interest in the project.

XRP faces regulatory pressures, TRON demonstrates resilience, while BlockDAG is positioned for significant price increases amid successful partnerships and launches.

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