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Cryptocurrency News Articles

BlockDAG AMA: A Resounding Success and a Testament to Community Support

Dec 15, 2024 at 11:00 pm

The recent BlockDAG (BDAG) AMA, featuring esteemed advisor Dr. Maurice Herlihy, was a major milestone for the project

BlockDAG AMA: A Resounding Success and a Testament to Community Support

BlockDAG (BDAG) recently held an "Ask Me Anything" (AMA) session, which garnered a lot of attention from the crypto community. The event aimed to provide deeper insights into BlockDAG's groundbreaking DAG architecture and Phantom Protocol, highlighting the project's technological superiority and commitment to transparency.

Esteemed advisor Dr. Maurice Herlihy played a pivotal role in the AMA, captivating the audience with clear explanations of complex topics. For instance, he elaborated on how the BlockDAG network can handle 15,000 transactions per second (TPS) and maintain robust security against threats like double-spending.

The AMA also served as a celebration of BlockDAG's progress, with enthusiastic community members actively participating by submitting questions and sharing their optimism across various social platforms. This outpouring of support further reinforced confidence in BlockDAG's potential as a next-generation Layer 1 blockchain.

As the dust settles, post-AMA discussions across forums and social media highlighted the community's excitement for 2025, with many expressing their belief that BlockDAG will be a key player in the crypto space. The presale, which has already crossed $165.5 million, continues to attract whales and retail investors, and Dr. Herlihy's insights further cemented the belief that BlockDAG is not only a current success but also a project poised for long-term growth.

With its technology, engaged community, and strong leadership, BlockDAG is set to thrive well into 2025, solidifying its place as a leader in the blockchain revolution.

Shiba Inu (SHIB) experienced a remarkable surge of over 50% this month, riding the wave of bullish market momentum following Trump's recent landslide victory. As one of the leading meme coins, SHIB tends to thrive during altcoin seasons, attracting attention from both retail and institutional investors.

However, despite this impressive rally, the token still trades significantly below its 2021 all-time high (ATH). This begs the question: can SHIB reclaim or surpass its ATH? As the crypto market matures with increased participation from institutional players, we'll have to wait and see.

At present, the coin's trajectory will likely depend on sustained market enthusiasm and broader adoption. Even so, this renewed optimism in the market offers SHIB holders hope for future gains, though the road to its ATH remains a challenge.

Pepe Coin (PEPE) recently had a good run, surging over 110% in the past 30 days and approximately 10% in the last 24 hours, making it a prominent player in the memecoin market. Strategic developments and increased investor confidence have driven PEPE's growth.

For example, listings on major exchanges like Coinbase and Robinhood have enhanced PEPE's accessibility, attracting both retail and institutional investors. Furthermore, substantial transactions by large investors, including a notable $2.7 million purchase, indicate growing institutional interest.

From a technical perspective, analysis reveals bullish patterns such as a falling wedge and a morning star candlestick formation, suggesting potential upward momentum. Notably, analysts have set near-term price targets at $0.000025, with potential rallies reaching $0.00004, representing a possible 91% increase from current levels.

However, the Fear & Greed Index indicates extreme greed at 90, warranting cautious optimism. In summary, PEPE's recent performance and technical indicators point towards a promising trajectory in the memecoin sector.

News source:www.cryptotimes.io

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