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Cryptocurrency News Articles
TRON (TRX), Dogecoin (DOGE), and BlockDAG (BDAG) Make Waves in the Crypto Market
Jan 23, 2025 at 10:00 am
Tron (TRX) blockchain has captured attention with a remarkable 253% increase in whale activity, totaling $382.31 million in transactions over the last 24 hours. This growth, alongside a 119% rise in on-chain revenue since early 2024, marks Tron as a prominent figure in DeFi and smart contracts, highlighting its expanding market presence.
Tron (TRX) blockchain has seen a remarkable surge in whale activity, with large transactions totaling $382.31 million over the last 24 hours, marking a 253% increase. This development comes amid a broader market disruption, where $359 million in crypto positions were liquidated. Despite the challenges, Tron has shown resilience, rising 5.74% to $0.235.
Tron blockchain also continues to thrive, with on-chain revenue surging by 119% since early 2024. Increased gas usage and transaction volumes indicate rising adoption of Tron’s DeFi platforms and smart contracts. Tron ranks as the 10th largest cryptocurrency by market capitalization.
Dogecoin (DOGE) price shows no signs of slowing down as it approaches a crucial breakout at $0.40. Currently trading at $0.3568, DOGE has managed to surpass the Volume-Weighted Average Price (VWAP) of $0.3516, indicating a bullish uptrend.
The next significant resistance lies at the Keltner Channel’s upper band at $0.4007. A successful breakout here could propel Dogecoin toward $0.45, with leveraged long positions intensifying the upward momentum.
However, a failure to maintain above $0.35 could lead to a retracement to $0.3469, suggesting possible market consolidation.
BlockDAG (BDAG) is gearing up for its mainnet launch and upcoming exchange listings. Priced at $0.0248 during its presale, BDAG aims for an ambitious $20 by 2027, presenting early supporters with a unique opportunity for substantial gains.
This year, BlockDAG is set to achieve several key milestones, including the launch of its mainnet, which will enable faster transactions, greater decentralization, and broader blockchain applications.
This development is expected to accelerate the adoption and growth of the BlockDAG ecosystem.
Additionally, BlockDAG is preparing for listings on 10 centralized exchanges (CEXs), covering tier-one to tier-three platforms.
This strategic approach is designed to enhance accessibility and increase market liquidity, facilitating broader adoption of the BDAG token.
Currently in the 27th presale phase, BDAG has secured over $183.5 million, reflecting robust market interest and confidence.
BlockDAG’s detailed roadmap, along with its limited presale availability, positions it prominently in the cryptocurrency arena.
The upcoming exchange listings and strategic advancements are propelling momentum, with BDAG aiming for a value of $20 by 2027.
This is a prime moment to acquire this burgeoning token during its presale period—potentially a key opportunity to be part of a leading blockchain initiative this decade.
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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