DOGE Support Holds & PI Network Down 22% While SpaceDev Joins BlockDAG — BDAG’s 2,380% ROI Just The Start?

Crypto market fluctuations continue as various projects experience significant events. Dogecoin (DOGE) is holding support at $0.17, a level attracting trader attention. Analysts are debating whether this support will hold or trigger further price declines.

Meanwhile, Pi Network (PI) faces intense selling pressure, its market cap plummeting from $19.2 billion to $9.2 billion within three weeks. The token has dropped 22% over the past two weeks and a further 8% in the last 24 hours, raising concerns about potential further losses.

Dogecoin's Support at $0.17: A Pivotal Point

The $0.17 support level for Dogecoin has become a crucial focus for traders hoping for price recovery. Some analysts highlight this as vital for maintaining the uptrend observed since 2017. Holding this level could potentially propel DOGE towards $2.74, a significant increase from its current range.

However, the recent dip below $0.20 leaves the market uncertain. Failure to maintain the $0.17 support could push DOGE down towards $0.14 or lower. Traders are closely observing whether this support triggers a rebound or further decline.

Pi Network's 22% Drop: Will PI Fall Below $1?

Pi Network (PI) is experiencing a significant downturn, with its market cap shrinking drastically. The token's 22% drop over the past two weeks and an additional 8% in the last 24 hours reflect intensifying selling pressure.

Technical indicators point towards further downside risk. The Directional Movement Index (DMI) shows sellers dominating, with -DI at 26.2 and +DI at 16.1. The negative Chaikin Money Flow (CMF) of -0.14 further reinforces the continued selling pressure.

Continued declines could push PI towards support at $1.23, potentially even below $1.20. Conversely, a breakout above $1.57 could drive PI towards $2. The current situation presents a critical juncture for investors, who must decide whether this represents a buying opportunity or a risky investment.

BlockDAG Partners with SpaceDev: A Major Boost

BlockDAG has announced a significant partnership with SpaceDev, significantly enhancing its blockchain infrastructure. SpaceDev's expertise will be instrumental in organizing hackathons and ambassador programs, aimed at attracting developers and expanding the community.

This partnership has fueled a surge in BlockDAG's presale, exceeding $203.5 million. Early investors have already experienced a remarkable 2,380% ROI. The current price is $0.0248 in batch 27, with 18.8 billion BDAG coins already sold, showcasing strong demand.

This success is largely attributed to SpaceDev's strong reputation and the potential for future growth. Many view BlockDAG as a top cryptocurrency to buy before its upcoming listings on major centralized exchanges. These listings aim to improve accessibility and liquidity, further boosting the project's market position. The combination of increased funding and technical support is expected to accelerate adoption.

The Future of DOGE, PI, and BlockDAG

Market conditions remain volatile. Dogecoin's $0.17 support level remains a key area of focus for traders. Pi Network's migration deadline has caused frustration among some users due to technical issues hindering successful transfers, leading to calls for an extension.

BlockDAG's presale continues its strong performance, surpassing $203.5 million following its partnership with SpaceDev. With early investors achieving a 2,380% ROI, many believe it presents a compelling investment opportunity before its anticipated exchange listings.