   
Monero (XMR) price has fallen and there are signs of further decline. Meanwhile, Solana's meme coin Moo Deng has seen a sharp increase in price. But it's BlockDAG that's getting a lot of attention. This Layer 1 network with an advanced ecosystem has introduced testnets to excellent reviews and is marked as a potential challenger to Solana.
The strength of the testnet generated significant interest in BlockDAG's presale, which raised over $10 million in just 72 hours. Having already raised over $94 million, BlockDAG’s pre-sale has broken records and is quickly becoming the best-performing cryptocurrency of the moment as more buyers flock to this fast-growing project. .
Moo Deng: Rising Solana Meme Coin
Launched on the Pump.fun platform on September 10, 2024, Moo Deng quickly caught the attention of Solana traders. The token’s market cap soared from $71 million to $120 million in just one day, and its price increased by 42.7% to $0.1198. In one notable transaction, a buyer converted 9.8 Solana tokens into 38.7 million Moo Deng tokens, earning a huge profit of 2,554x.
Moo Deng's popularity goes beyond its numbers. The pygmy hippopotamus, the mascot of Khao Kheao Public Zoo, has become a popular attraction. Therefore, the zoo plans to start 24-hour live streaming due to public interest. Moo Deng remains at the top of Gecko terminal's meme coin list, surpassing other coins such as BILLY, SCF, and DADDY.
Monero responds to XMR price drop
Monero (XMR) has recently experienced a significant price decline, with its market cap declining from $3.28 billion to $3.11 billion after facing two years of severe resistance levels. This decline came after a strong bullish period in early 2024 when Monero's market capitalization rose sharply. Despite the generally positive outlook for derivatives markets, near-term momentum has turned bearish.
 Buyer concerns are growing as spot volume inflows surged by 50% to reach $54.06 million, indicating a drop in demand for XMR. The introduction of new features for air-gapped XMR transactions in Cake Wallet has not helped increase the price of the token. Monero price is below the 20-day EMA, and there are concerns that further downward pressure could push the token down to key support levels at $160 and $150.
BlockDAG becomes Whale's new favorite
While Moon Deng and Monero have carved out niches in the market, BlockDAG has been in the spotlight with its recent testnet launch. Known for its top-notch efficiency and security, BlockDAG is being talked about as a strong competitor to Kaspa and Solana. Its testnet, launched on September 20, 2024, received excellent reviews and increased confidence in the project.
BlockDAG's testnet offers tools like Blockchain Explorer and MetaMask Wallet Connect, as well as faucets that allow testers to create and move BDAG coins, encouraging users to dive into its blockchain world. These features, along with the ability to set up smart contracts, paint BlockDAG as a future-proof network that attracts both developers and big-money backers.
What really sets BlockDAG apart is its massive scalability and incredible speed potential, with early bets on the company outpacing even industry giants. Presales for the project have already raised more than $94 million, with early buyers looking to earn up to 1,960%. The whale quickly gained attention, donating over $10 million in just 72 hours, earning BlockDAG the title of the most successful presale in over a decade.
As more crypto enthusiasts join the fray, their interest and demand will grow, increasing liquidity and making BDAG Coin even more attractive. In batch 24, the BDAG coin was worth $0.0206, which means a whopping 1960% profit for those who participated in batch 1 with just $0.001.
As the pre-sale continues, BlockDAG's outlook brightens, with expectations that the post-launch price could reach $30. Presales are likely to reach the $600 million mark in the coming months, making BlockDAG one of the most notable projects of recent times. BlockDAG has established itself as a major player in the cryptocurrency market with its commitment to unparalleled security and fast transactions.
key insights
While Moo Deng and Monero maintain their positions, BlockDAG has emerged as today's top crypto performer with the potential for significant gains. Given its highly acclaimed testnet, it could be a challenger to Solana. The presale quickly attracted $10 million in inflows in just 72 hours, marking it as the fastest growing presale ever. With over $94 million already in the bank, buyers are flooding into BlockDAG. Unlike the Solana meme coin's rise and XMR's slump, BlockDAG offers a thrilling opportunity for those looking to jump on the next big wave of cryptocurrencies.
Join the BlockDAG presale now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a sponsored article and the views expressed therein do not represent the views of ZyCrypto nor are they attributable to ZyCrypto. Readers should conduct their own research before taking any action related to any company, product, or project mentioned in this article. Additionally, this article should not be considered investment advice. Please note that trading cryptocurrencies involves significant risk, as volatility in the cryptocurrency market can lead to significant losses.
