Home > Information news > BlockDAG’s Meteoric Rise Amid Global Events Fuels $42.6M Presale, Surpassing Top Meme Coins As PEPE Surges & BONK Dips

BlockDAG’s Meteoric Rise Amid Global Events Fuels $42.6M Presale, Surpassing Top Meme Coins As PEPE Surges & BONK Dips

Release: 2024/06/07 14:02 Reading: 784

Original author:TheNewsCrypto

Original source:https://coinmarketcap.com/community/articles/6662960600adc83409b1999a

BlockDAG’s Meteoric Rise Amid Global Events Fuels $42.6M Presale, Surpassing Top Meme Coins As PEPE Surges & BONK Dips

Meme Coin Market Update

Despite a recent decline, PEPE has witnessed a surge in trading volume. In contrast, BONK has faced a steep 22% price drop due to profit-taking and reduced trading.

PEPE Trading Volume Stabilizes

PEPE, a prominent meme coin, experienced a significant 216% increase in trading volume. This activity suggests that PEPE is regaining attention, despite its recent dip. The token's value has risen considerably since early May, demonstrating its resilience.

BONK Price Decline

BONK has seen a sharp price decline after failing to maintain gains from an earlier surge. The token dropped 22% this week due to profit-taking. The price action indicates a possible short-term retracement.

BlockDAG's Global Expansion and Technological Advancements

BlockDAG has captured the attention of the global crypto community through high-profile events. These events have showcased the platform's vision and technological advancements.

BlockDAG's progress has been marked by milestones, including:

  • Keynote speech in Tokyo's Shibuya Crossing
  • Display at The Sphere in Las Vegas
  • Listing on CoinMarketCap

Furthermore, the platform has announced significant technological advancements, solidifying its position in the cryptocurrency market.

BlockDAG's roadmap outlines plans for ongoing innovation and community engagement, including:

  • Development of BDAG smart contracts
  • Mainnet development
  • Strategic partnerships

The presale has raised over $42.6 million, indicating strong investor interest. BlockDAG stands out as an exceptional investment opportunity, with its cutting-edge technology and global prominence.

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