BlockDAG and HackerEarth Join Forces to Launch Global Hackathons and Foster the Growth of the Decentralized Web

The crypto world is filled with activity, and among the chaos, BlockDAG is making a bold move. Partnering with HackerEarth, BlockDAG is launching a series of global hackathons to bring together 10,000 developers to build decentralized applications (dApps) on its Layer 1 network.

BlockDAG is making a bold move by partnering with HackerEarth to launch a series of global hackathons. This strategic initiative aims to bring together 10,000 developers to build decentralized applications (dApps) on BlockDAG's Layer 1 network. The collaboration marks a significant step in expanding the BlockDAG ecosystem and solidifying its position as a leader in fostering the growth of the decentralized web.

This ambitious move comes at a time when Pepe coin is facing a potential price dip due to bearish pressure and technical indicators signaling a 20% drop. On the other hand, Mantra (OM) is showing optimistic signs of reaching $12 as it continues to surge on RWA deals.

BlockDAG’s goal is to lead the next generation of dApps with HackerEarth

As the crypto world buzzes with activity, BlockDAG is making a strategic move to lead the next generation of decentralized applications (dApps). The collaboration with HackerEarth marks a significant step in expanding the BlockDAG ecosystem and solidifying its position as a pioneer in fostering the growth of the decentralized web.

Through these global hackathons, BlockDAG aims to attract over 10,000 developers, creating an environment for innovation and the development of high-quality dApps and Web3 solutions. BlockDAG has already demonstrated its potential by raising over $187 million in its presale with over 18.1 billion coins sold.

Early participants have seen an impressive 2380% return on investment, with the current price at $0.0248. Analysts predict a $1 price target for 2025, making it an attractive opportunity for those looking to enter the market.

“We believe hackathons are a powerful way to connect with developers, encourage innovation, and accelerate the growth of the BlockDAG ecosystem,” a BlockDAG spokesperson stated. “Partnering with HackerEarth allows us to leverage their expertise and vast community to achieve our goals.”

In addition to large-scale hackathons, BlockDAG plans to host smaller, more focused events centered around themes like DeFi and infrastructure. This targeted approach will ensure localized outreach and attract developers with specific interests.

With over 500 companies having previously utilized HackerEarth’s platform to drive adoption, this partnership solidifies BlockDAG’s position as a major player in the blockchain space. The initiative is bound to create a wave of new possibilities for the development and growth of the next generation of Web3 applications.

Pepe Coin faces downward pressure from bearish trend

Pepe Coin is currently navigating a challenging period as it faces bearish pressure in the crypto market. Trading near $0.000013, the meme coin is experiencing a downturn with analysts forecasting a possible 20% drop to $0.000010.

Technical indicators paint a concerning picture, with a descending trendline and a breach of the 200-day Exponential Moving Average (EMA). The Relative Strength Index (RSI) has yet to signal oversold conditions, suggesting further decline could be on the horizon.

A close below $0.000013 on the daily chart could trigger the predicted 20% plunge. Despite occasional price spikes, the overall sentiment around Pepe coin remains cautious.

Mantra (OM) surges on RWA deals

In contrast to Pepe Coin’s struggles, Mantra (OM) is riding a wave of optimism as it continues to surge on the back of real-world asset (RWA) deals. The token has witnessed a 25% increase in the past 24 hours, with its price currently hovering around $4.60.

Analysts believe that if this momentum continues, OM could reach $8 to $12. This surge is largely attributed to Mantra’s focus on RWA tokenization, a move that has captured the attention of institutional investors.

A significant catalyst for this growth is Mantra’s $1 billion deal with DAMAC, a prominent real estate developer. This partnership, along with a $20 billion data center investment and interest from major financial players, has fueled speculation of further growth.

With a market cap of $3.72 billion and strong trading volumes, Mantra's bridge between traditional finance and blockchain solutions is proving to be a winning strategy.