PEPE, Ethereum, and BlockDAG are under the spotlight as crypto traders track their upcoming moves. While PEPE faces substantial sell-offs, Ethereum’s future looks promising, and BlockDAG’s presale attracts more interest with an appealing cashback promotion.
PEPE whale action has rocked the crypto scene, with a staggering 1.1 trillion PEPE flooding the markets, increasing sell-offs. Notably, one transfer involved 430 billion PEPE valued at $6.39 million moved to Binance, stirring market volatility. Meanwhile, Ethereum maintains its ground at $3,304, its staking engagement over 30%, and its token burn protocol tightening supply, which supports predictions of ETH hitting $13,000.
BlockDAG (BDAG) captures attention with its 5% USDT cashback for both referrals and purchases. With BDAG priced at $0.0248 and the presale accumulating over $193 million, early backers have already witnessed a substantial 2,380% ROI. As the mainnet debut approaches, increasing numbers of buyers are investing in BDAG to benefit from potential price surges.
PEPE Whale Action Triggers Market Swings
PEPE whale activity has prompted significant market shifts, with large stakeholders releasing over 1.1 trillion PEPE onto exchanges. This extensive sell-off has heightened sell pressure, leading to notable price changes. A prominent transfer involved wallet 0xfBfC…07Be sending 430 billion PEPE, worth $6.39 million, to Binance in under nine hours.
Furthermore, another significant player, marketparticipant.eth, moved 325.5 billion PEPE ($4.9 million) to Binance the previous day. The wallet 0xb1a2…6731 cashed out 200.88 billion PEPE for $2.85 million in USDC across two days. These PEPE whale transactions have contributed to market unpredictability, forging new price trends.
Ethereum Prediction: Is $13,000 in Sight?
Ethereum prediction remains a focal point as this top altcoin stabilizes around $3,304, despite a minor dip. Its long-term forecast is favorable, with staking and the supply reduction mechanism being central factors. The Relative Strength Index (RSI) stands at 44.6, indicating a neutral market, with Ethereum’s price below the 50-day Simple Moving Average (SMA) at $3,512 but above the 200-day SMA at $2,985. This positioning suggests ETH is consolidating, poised for its next directional move.
The increasing staking ratio, now over 30% of Ethereum’s total supply, has limited available tokens. Concurrently, Ethereum’s burn mechanism persistently depletes tokens with each transaction, placing upward pressure on supply. If staking rates climb and network activity escalates, Ethereum prediction indicates a possible supply pinch.
Grab 5% USDT Cashback on Every BlockDAG Referral Now
BlockDAG is revolutionizing Layer 1 blockchain solutions by employing Directed Acyclic Graph (DAG) technology, which leads to quicker transactions, scalable solutions, and increased operational efficiency. Diverging from traditional blockchains, which depend on consecutive block confirmations, BlockDAG’s approach allows simultaneous transaction validations. This advancement not only enhances throughput by removing bottlenecks but also ensures continuous ledger updates without orphan blocks, upholding paramount security and decentralization.
Amidst its ongoing presale success, BlockDAG has recently enhanced its Affiliate Program to offer a 5% instant USDT cashback for each referral and purchase. This upgrade is attracting attention from those looking to gain immediate and future benefits.
Further impressing with its presale achievements, the price of BDAG stands at $0.0248, having accrued over $193 million and distributed 18.2 billion coins, delivering an astounding 2,380% ROI to early backers. With the added incentive of USDT cashback, anticipation is growing as more participants join.
The cashback process is straightforward—both the referrer and the new buyer get a 5% cashback in USDT deposited directly into their BEP-20 wallets. As the mainnet launch nears, securing BDAG early has become a favored strategy to enjoy price appreciation alongside immediate cashback benefits.
The Bottom Line
Amid PEPE whale action unsettling the market, Ethereum prediction indicating potential upswings, and BlockDAG’s crypto presale drawing interest, there’s much for crypto aficionados to ponder. Major sell-offs from PEPE have altered its market price, presenting potential opportunities for those predicting a market rebound. Concurrently, Ethereum prediction stays bullish with ongoing staking activities and token burns that might push its value higher.
BlockDAG emerges as a distinguished choice for those looking for promising long-term growth. Its presale has already gathered over $193 million, with early backers enjoying a significant 2,380% ROI.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
