Monero (XMR) is seeing its price fall, with signs pointing to further decreases, while the Solana meme coin, Moo Deng, experiences a notable price rise. Yet, it's BlockDAG that's capturing everyone's attention. This advanced Layer 1 network has just launched its testnet, earning fantastic reviews and setting it up as a strong challenger to Solana.
The impressive capabilities of the testnet have attracted a huge amount of interest in BlockDAG’s presale, bringing in over $10 million in just three days. With more than $94 million already raised, BlockDAG’s presale is breaking records and has quickly become today’s top-performing crypto as more buyers jump on board.
Moo Deng: The Rising Solana Meme Coin
Launched on the Pump.fun platform on September 10, 2024, Moo Deng quickly caught the attention of Solana traders. The token’s market cap jumped from $71 million to $120 million in just a day, and its price increased by 42.7% to $0.1198. One standout trade transformed 9.8 Solana tokens into 38.7 million Moo Deng tokens, earning a staggering 2554 times profit.
Moo Deng isn't just about the numbers; its mascot, a pygmy hippo from Khao Kheow Open Zoo, has gained so much popularity that the zoo is planning to start a 24-hour livestream due to popular demand. Moo Deng remains the leading meme coin on the Gecko Terminal, staying ahead of others like BILLY, SCF, and DADDY.
Monero Deals with XMR Price Decline
Monero (XMR) has recently faced a significant price drop, with its market value decreasing from $3.28 billion to $3.11 billion after encountering a tough two-year resistance. This downturn comes after a strong bullish phase earlier in 2024, which saw a sharp increase in Monero’s market cap. Even though the long-term outlook in the derivatives market is positive, short-term momentum has shifted to bearish.
buyer concern is growing as the volume of Monero being sold has increased by 50%, reaching $54.06 million, showing a lower demand for XMR. A new feature in Cake Wallet for conducting XMR transactions without an internet connection hasn't helped raise its price. Monero’s price has now fallen below its 20-day average moving price, with worries that it might drop further to critical support levels at $160 and $150.
BlockDAG Becomes the New Favorite for Whales
While Moon Deng and Monero have carved out their niches in the market, BlockDAG is grabbing the spotlight with its recent testnet launch. BlockDAG's blockchain, known for its high efficiency and robust security, is being recognized as a formidable rival to Kaspa and Solana. The testnet, which went live on September 20, 2024, has received excellent reviews, boosting confidence in the project.
BlockDAG’s testnet offers users a direct look at its blockchain, featuring tools like the Blockchain Explorer and MetaMask Wallet Connect, and a faucet that allows testers to create and move BDAG coins. These features, along with the ability to set up smart contracts, have made BlockDAG a cutting-edge network that's drawing both developers and large-scale backers.
What really makes BlockDAG stand out is its potential for vast scalability and speed, with early estimates suggesting it could outperform even the industry's giants. The project's presale has already collected over $94 million, delivering profits as high as 1960% to early supporters. Whales have quickly taken notice, contributing over $10 million in just 72 hours, earning BlockDAG the title of the most successful presale in more than a decade.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
As more crypto enthusiasts join, their growing interest and purchase are increasing liquidity and boosting the attractiveness of BDAG coins. In batch 24, BDAG coins hit a price of $0.0206, representing a remarkable 1960% gain for those who got in early during batch 1 at just $0.001.
As the presale continues, BlockDAG's prospects shine brightly, with predictions that its price might reach $30 after launch. The presale is poised to potentially reach the $600 million mark within the next two or three months, making it one of the most buzzed-about projects recently. BlockDAG's commitment to uncompromising security and fast transaction speeds has positioned it as a serious player in the market.
Key Thoughts
While Moo Deng and Monero remain significant, BlockDAG is emerging as today's top-performing crypto with its potential for huge returns. Its impressive testnet has received high marks, setting it up as a potential challenger to Solana. The presale's quick influx of $10 million in just 72 hours marks it as the fastest-growing presale on record.
With more than $94 million already raised, buyers are eagerly gathering around BlockDAG. Unlike the surge in the Solana meme coin or the decline in XMR prices, BlockDAG presents an exciting opportunity for those looking to get in on the next big crypto breakthrough.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
