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Cryptocurrency News Articles
Whale Activity and Key Price Levels Are Grabbing Headlines, But Some Projects Are Turning
May 08, 2025 at 12:41 am
Dogecoin (CRYPTO: DOGE) is known for its lively community and meme-driven essence, but beneath the surface, some interesting technical factors are unfolding. As Dogecoin continues to trade in a tight range, new data from IntoTheBlock reveals a massive increase in high-value transactions, potentially setting the stage for a 10% rally.
What Happened: Dogecoin price action has been contained within a narrow band between $0.175 and $0.185 for the past five days. This persistent movement could have major implications for the meme coin's immediate fate.
According to the latest technical analysis from Ben Asher, if Dogecoin manages to close above the upper boundary of the range, it could open the door for a 10% surge towards $0.205. However, if the price drops below the lower endpoint of the range, it might spark a 7.5% dip to $0.162.
Each scenario presents its own unique possibilities for Dogecoin traders and investors to consider as the meme coin navigates the volatile cryptocurrency market.
If the bulls manage to break above the 200-day moving average, it could signal a return to the bullish structure, potentially leading to a continuation of the recent uptrend. However, if the bears prevail and the price drops below the support level, it might indicate more downside potential for Dogecoin.
As the dust settles and the token prepares for its imminent listing on major exchanges, BlockDAG has completed a crucial stage in its journey with the completion of the CertiK audit.
This move, meticulously timed by the BlockDAG team, marks a significant step towards the coin’s public launch.
Why It Matters: As one of the most recognized names in the Web3 security space, CertiK’s involvement in auditing BlockDAG’s smart contracts is a move that could significantly influence investor confidence.
In an era where crypto projects are increasingly scrutinized for transparency and accountability, having a third-party firm like CertiK perform a deep-seated analysis adds a layer of trust that could be pivotal, especially with the exchange listing around the corner.
While no audit can guarantee the complete absence of flaws, especially in the nascent and rapidly evolving world of blockchain technology, a clean bill of health from CertiK is likely to be viewed favorably by those considering investing in BlockDAG.
Top Gainer (Past 24 Hour)
At the time of writing, BlockDAG had risen 12.4% over the last 24 hours and was trading at $0.0019. The token is still offering a temporary discount, having started batch 28 with a price of $0.0262.
For context, the token’s price at the beginning of batch 1 was $0.0007, meaning that those who invested early on in batch 1 and held onto their tokens have seen an ROI of 2520%.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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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- Missed Ethereum And Solana Presales? Don't Miss Your Chance With FloppyPepe (FPPE) – Secure 80% Bonus Coins For A Limited Time
- Jun 07, 2025 at 10:40 pm
- The Ethereum (ETH) and Solana (SOL) presales may have passed, but FloppyPepe (FPPE) offers another chance to get in early with an 80% bonus using the promo code "FLOPPY80".
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- XRP (XRP) Price Prediction: Strong Comeback in Early 2025 as Average Daily Trading Volumes Reach $3.2 Billion
- Jun 07, 2025 at 10:25 pm
- Over the past year, XRP has delivered a stunning 298.8% gain, including a 26.9% jump in the last 30 days alone. Despite this impressive momentum, concerns are rising
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- Bitcoin's resilience continues to impress market observers as the world's largest cryptocurrency maintains its upward trajectory in 2025
- Jun 07, 2025 at 10:20 pm
- Joe Burnett, Director of Market Research at Unchained, believes we're only scratching the surface of Bitcoin's potential, with forecasts of $250,000 this year and a staggering $1 million by 2030.