Tron Blockchain Experiences 253% Surge in Whale Activity
Tron (TRX), the 10th largest cryptocurrency by market capitalization, has gained attention with a remarkable 253% increase in whale activity in the past 24 hours. These large transactions, totaling $382.31 million or 1.67 billion TRX, indicate significant market movements by top holders. This activity occurs alongside a broader market disruption, with $359 million in crypto positions liquidated.
Despite these challenges, Tron has shown resilience, rising 5.74% to $0.235. Additionally, Tron's blockchain continues to flourish, with on-chain revenue soaring by 119% since early 2024. Increased gas usage and transaction volumes indicate rising adoption of Tron's DeFi platforms and smart contracts, establishing it as a formidable player in the crypto space.
Dogecoin Face Bullish Momentum: Is $0.40 Target Achievable?
Recently, Dogecoin (DOGE) has demonstrated notable bullish momentum, with its price reaching $0.3568 and surpassing the Volume-Weighted Average Price (VWAP) of $0.3516. This upward trend reflects increased market confidence, strengthened by a $570 million jump in open interest. Moreover, the next significant resistance is 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.
Furthermore, technical indicators such as the Accumulation/Distribution Line (ADL) at 1,573 reveal continuous capital inflows, indicating strong market demand for Dogecoin. However, a failure to maintain above $0.35 could lead to a retracement to $0.3469, suggesting possible market consolidation.
BlockDAG's Roadmap Ahead: Early Mainnet and CEX Listings
This year, BlockDAG (BDAG) is drawing focus with its forward-looking objectives and key milestones. The eagerly awaited mainnet launch set for 2025 is expected to offer quicker transactions, improved decentralization, and broader blockchain applications, laying the groundwork for its adoption and growth.
Moreover, 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. Presently priced at only $0.0248 in its 27th presale phase, BDAG has already 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 forthcoming 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.