While the price of Monero (XMR) has fallen and there are signs of further decline, the price of Solana meme coin Mu Deng has risen noticeably. Still, the one that has everyone's attention is BlockDAG. This advanced Layer 1 network just launched its testnet to great reviews and positions itself as a strong challenger to Solana.
Testnet's impressive features generated significant interest in BlockDAG's presale, generating over $10 million in revenue in just three days. With over $94 million already raised, BlockDAG's pre-sale is breaking records and quickly becoming today's top-performing cryptocurrency as more buyers jump on board.
Moo Deng: Rising Solana Meme Coin
Launched on the Pump.fun platform on September 10, 2024, Moo Deng immediately caught the attention of Solana traders. The token’s market cap jumped from $71 million to $120 million in just one day, and the price rose 42.7% to $0.1198. In one outstanding trade, 9.8 Solana tokens were converted into 38.7 million Moo Deng tokens for a staggering 2,554x return.
Moo Deng isn't just about numbers. Khao Kheao Public Zoo's mascot, the pygmy hippopotamus, is so popular that the zoo plans to launch a 24-hour livestream in response to popular demand. Moo Deng remains the main meme coin in Gecko terminal, outperforming other meme coins such as BILLY, SCF, and DADDY.
Monero responds to XMR price drop
Monero (XMR) has recently faced a significant price decline, with its market value decreasing from $3.28 billion to $3.11 billion after two years of stiff resistance. This downturn came after a strong bullish phase in early 2024 when Monero's market capitalization increased rapidly. Despite the positive long-term outlook for derivatives markets, short-term momentum has shifted to a bearish one.
Buyer concerns are growing as Monero sales volume increased by 50% to $54.06 million, indicating a decline in demand for XMR. Cake Wallet's new feature for performing XMR transactions without an internet connection has not helped the price increase. Monero price is currently below its 20-day average moving price, and there are fears of a further decline to the key support levels of $160 and $150.
BlockDAG becomes Whale's new favorite
While Moon Deng and Monero have carved out niches in the market, BlockDAG has gained attention with its recent testnet launch. Known for its high efficiency and robust security, BlockDAG's blockchain is seen as a strong competitor to Kaspa and Solana. The testnet, which went live on September 20, 2024, received excellent reviews, increasing confidence in the project.
BlockDAG's testnet features tools such as Blockchain Explorer and MetaMask Wallet Connect, as well as faucets that allow testers to create and move BDAG coins, giving users a first-hand look at its blockchain. These features, along with the ability to set up smart contracts, have made BlockDAG a cutting-edge network that attracts both developers and large-scale backers.
What really sets BlockDAG apart is its massive scalability and speed potential, with early estimates suggesting it has the potential to outperform even industry giants. Pre-sales for the project have already raised over $94 million, giving early backers a whopping 1960% return. 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, their increased interest and purchases increase liquidity and make BDAG Coin more attractive. In batch 24, the price of BDAG coin reached $0.0206. This represents an amazing 1960% profit for those who joined early with just $0.001 in batch 1.
As the pre-sale continues, BlockDAG's outlook brightens, with predictions that the post-launch price could reach $30. The presale could reach the $600 million mark within the next few months, making it one of the most talked about projects of late. BlockDAG has established itself as a dominant player in the market with its commitment to uncompromising security and fast transaction speeds.
important ideas
While Moo Deng and Monero remain important, BlockDAG has emerged as today's top-performing cryptocurrency with the potential for huge profits. Its impressive testnet has received positive reviews and established it as a potential challenger to Solana. The presale received a rapid inflow of $10 million in just 72 hours, marking it as the fastest growing presale on record.
Already raised over $94 million, buyers are eagerly rallying around BlockDAG. Unlike the Solana meme coin soaring and the XMR price falling, BlockDAG offers an exciting opportunity for those looking to ride into the next big cryptocurrency breakthrough.
Join the BlockDAG presale now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
