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Cryptocurrency News Articles
Investors Weighing XRP, Raydium (RAY), and BlockDAG (BDAG)
Feb 28, 2025 at 08:00 am
XRP struggles to hold the $2.30 support, with bearish indicators like the Chaikin Money Flow (CMF) pointing toward a potential drop to $1.48
Investors are weighing three very different market stories as they decide whether to invest in XRP, Raydium (RAY), or BlockDAG (BDAG).
XRP is struggling to hold the $2.30 support, with bearish indicators like the Chaikin Money Flow (CMF) and trading below the 20-day exponential moving average (EMA) suggesting a potential drop to $1.48 unless demand rebounds. A surge in buying pressure could push XRP toward its all-time high of $3.41.
In contrast, Raydium’s 31% plunge, fueled by rumors of Pump.fun’s in-house AMM, raises long-term concerns about its liquidity dominance. If Pump.fun pivots to its own AMM, it would retain trading fees and offer direct rewards, reducing Raydium’s revenue streams.
However, BlockDAG’s growth is evident in tangible milestones and executed plans. With a $199 million presale, 18.5 billion BDAG coins sold, and early buyers already securing a 2,380% ROI, BlockDAG’s momentum is undeniable.
Upcoming catalysts like the March beta test net launch, a $30 million developer grants program, and key enterprise partnerships position BlockDAG to outperform competitors. While XRP and Raydium face uncertainty, BDAG’s clear roadmap, growing ecosystem, and institutional interest make it the standout choice for 2025 gains.
XRP Can Rise To $3.41 Or Slide To $1.48
XRP is facing increasing bearish pressure as it struggles to hold the key $2.30 support level. A break below this level could open the door for a steeper decline, potentially pushing XRP toward $1.48.
After hitting a high of $2.76 in early February, XRP has been trading in a tight range, but selling pressure is beginning to outweigh buying pressure. This is evident in the Chaikin Money Flow (CMF) indicator, which has dipped below zero, signaling capital outflows.
Furthermore, XRP is trading below its 20-day exponential moving average (EMA), which usually provides support during uptrends and resistance during downtrends. This technical indicator is also indicating that the bears have a slight upper hand.
If the bulls can regain control and push XRP above the $2.76 resistance, the next target could be the all-time high of $3.41. However, if the bears manage to break below the $2.30 support, the next levels to watch for are $2.13 and $1.48.
At this pivotal moment, buyers need to decide whether they will step in and provide the necessary support to prevent further declines or if they will stand aside and watch as XRP slides lower.
Raydium’s RAY Token Plummets 31% As Pump.fun Is Developing Its Own AMM
Raydium’s RAY token has plummeted by 31% following rumors that Pump.fun, a prominent Solana-based meme coin launchpad, is developing its own Automated Market Maker (AMM). This move could siphon liquidity and trading volume away from Raydium, threatening its revenue streams.
Currently, Raydium partners with Pump.fun by providing liquidity for meme coin launches, earning a 0.25% swap fee from transactions. However, Pump.fun’s shift to an in-house AMM would allow it to directly collect trading fees and offer rewards to its users.
On-chain data from DeFI Llama and Token Terminal indicate that Raydium handles a bulk of the daily trading volume on Solana, making it a prime target for any shifts in liquidity. This speculation began with the discovery of a test AMM platform, spotted by on-chain sources as early as December 2024.
If Pump.fun fully commits to this independent strategy, it could pose long-term challenges for Raydium to maintain its market dominance.
BlockDAG's 5th AMA Highlights March Beta Test Net Launch & $30 Million Developer Grants Program
The 5th AMA for BlockDAG highlighted several key ecosystem developments, showcasing why now is the optimal time to secure BDAG coins.
Presale Now Nearing $199 Million With 18.5 Billion BDAG Sold At $0.0248
The presale has raised nearly $199 million with over 18.5 billion BDAG coins sold at $0.0248 during the 4th stage. Early buyers who joined at the beginning of the presale have already seen a remarkable 2,380% ROI as the token price continues to climb.
With a $600 million target and the token prices set to increase with each stage, FOMO is setting in as more buyers are rushing to capitalize on this opportunity.
March Beta Test Net Launch Prepares For Mainnet Rollout
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