The cryptocurrency market is experiencing price fluctuations and struggles over key support levels. Pepe and XRP are facing challenges, while BlockDAG actively supports developers.
Pepe Defends $0.00001 Support
Pepe is under significant pressure after a whale sold off 500 billion tokens worth nearly $4.8 million, causing the price to drop to $0.0000094. The $0.00001 level has become critical for further movement. If buyers do not start actively intervening, the price may drop to $0.0000090 or even $0.0000085.
XRP Vulnerable Near $2.80
XRP is trading in a range between $2.78 and $2.85 as buying momentum weakens. Analysts emphasize that the $2.70-$2.80 support zone must hold; otherwise, a deeper slide to $2.50 or even $2.39 could occur. There is potential for a rise to $4 if conditions are favorable.
BlockDAG Grants Stimulate Developers
BlockDAG has announced grants totaling $100,000 in BDAG and USDT to support developers working on projects aimed at Ethereum compatibility and user experience enhancement. These funds are used for real initiatives rather than just promises.
In the face of market instability, projects like BlockDAG find ways to maintain activity through real assets and incentives, while Pepe and XRP face the necessity to protect their positions.
