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Cryptocurrency News Articles
BlockDAG Targets Top Crypto Exchanges & 30,000x ROI While PEPE Coin & Simon’s Cat Price Trends
Sep 20, 2024 at 11:00 pm
Recently, PEPE Coin caught the eyes of many with its target of a 196% price increase, despite market uncertainty and Simon's Cat (CAT) price soaring 45%
BlockDAG (BDAG) is setting its sights on major crypto exchanges after completing a successful presale that has already yielded early backers up to 1680% ROI.
The layer 1 blockchain project, which utilises directed acyclic graph (DAG) technology, is now eyeing the next phase of growth with a presence on top crypto exchanges.
BlockDAG, which boasts sports partnerships with Borussia Dortmund and Inter Milan, is aiming for a strong upward price trajectory, thanks to its technical strength and expanding network of partnerships.
Collectively, these factors are making BlockDAG a compelling candidate for a successful exchange listing, offering early backers up to 30,000x ROI potential.
As membrane coins like PEPE Coin (PEPE) eye a 196% price increase amid market fluctuations and Simon’s Cat (CAT) price soars by 45% on the backs of major exchange support, these meme coins are gaining traction, but are still subject to the volatility that defines much of the crypto market.
Recently, PEPE Coin caught the eyes of many. After experiencing a dip in August, the coin began stabilising through early September. Traders remain cautiously optimistic as the funding rates indicate a potential upward trend, although open interest has remained relatively flat at around $79 million.
Despite this cautious sentiment, whales have been accumulating, hinting at future price moves. The coin’s technical setup, forming a bullish “falling wedge,” suggests that a breakout could lead to significant gains, with prices possibly reaching around $0.0000216.
Meanwhile, Simon’s Cat has recently surged by 45%, buoyed by support from major crypto exchanges. This uptick has garnered attention, with the price rising 8%.
Backing from platforms like Bybit and Phemex has fuelled optimism among investors, as exchange listings traditionally drive increased trading volumes.
However, despite this excitement, some analysts warn that the rapid rise may not be sustainable in the long run. Market sentiment can shift quickly, and the recent price rally might be more of a short-term spike rather than a sign of lasting growth.
As Simon’s Cat approaches $0.0000342, the volatility typical of membrane coins raises questions about its stability and future potential.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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