SOL Bearish Momentum Picks Up; BlockDAG Launches Beta Testnet & $60K Reward Pool! Is a DOGE Rally Coming?
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A dramatic decline, a potential meme coin comeback, and a new testnet launch—plenty is happening in the crypto world today! Solana’s bearish momentum has picked up, with the $125 support level under pressure, and further declines could follow if this key level breaks. In contrast, Dogecoin’s price is testing resistance at $0.18, and if it breaks through, a rally toward $0.25–$0.28 could be on the cards.
Meanwhile, BlockDAG (BDAG) has launched its Beta Testnet V1, featuring an upgraded explorer and double the speeds of its previous Alpha testnet! Early participants can also earn rewards from a $60,000 prize pool. Following this announcement, the presale has seen an impressive surge to $212 million as traders rush to be among the earliest to join.
Solana (SOL) Bearish Momentum Picks Up: Fall Coming?
The Solana (SOL) bearish momentum continues, with the key $125 support level now at risk. Despite previous recovery efforts, sellers are still in control, preventing any notable upside. If SOL fails to hold this support, it could trigger panic selling, pushing prices lower.
The SOL price chart also shows a bearish triangle pattern pointing to further declines. If Solana slips below the $125 level, it could quickly test the next support at $118. A further breakdown could push SOL toward $99, and if that level doesn't hold, $79 and $58 may come into play. Solana's bearish momentum remains a key concern, and bulls need to defend these levels to prevent a deeper decline.
Dogecoin (DOGE) Price Analysis: Key Levels to Watch
The Dogecoin (DOGE) price is at a critical point, trading around $0.17 and approaching the first major resistance at $0.18. This level, along with $0.21, is key because many holders bought at these prices, which could create selling pressure.
If Dogecoin can break through these resistance levels, it could spark a rally, pushing the price toward the $0.25 to $0.28 range, with $0.30 being the next target. However, if these levels aren’t cleared, DOGE may drop back to test lower support around $0.15.
BlockDAG Beta Testnet Comes with New Features & $60K Prize Pool!
BlockDAG has officially launched Beta Testnet V1, bringing several key updates that aim to enhance the user experience. The new testnet is now twice as fast as its previous version and features an upgraded explorer. It also introduces a no-code Token & NFT wizard, making it easier than ever for users to create ERC-20, 721, and 1155 tokens.
Plus, several new decentralized applications (dApps) are now available, giving the community a chance to test out real features ahead of the mainnet launch. Adding to the excitement, CEO Antony Turner, while announcing the Beta Testnet in the latest Keynote 3, also revealed an exciting prize pool saying, "And if that is not enough, we’re even going to incentivize you to get involved."
BlockDAG is offering $60,000 in rewards for early participants! Rewards will be given to the top 10 most active wallets, the top 10 miners by BDAG earned, and the top 10 wallets by coin balance. Thirty winners will each receive $2,000 worth of BDAG coins.
Wondering just how valuable these rewards are? Given the network’s impressive rise so far, analysts predict BDAG, currently priced at $0.0248 in batch 27, could hit $1 this year. This means a potential 3932% return for those who join now! The presale has already surged to $212 million, with over 19.1 billion coins sold, as traders rush to lock their positions. For anyone looking to jump into a top Layer 1 crypto project, BlockDAG’s beta testnet offers an excellent opportunity to explore its features and earn impressive rewards along the way.
Summing Up!
The deepening Solana bearish momentum puts the $125 support level at risk. If this level fails to hold, further declines could follow. Dogecoin’s price is testing key resistance at $0.18 and $0.21. If these levels are broken, a rally could be in store; otherwise, the price may dip back to $0.15.
However, when it comes to profitability, BlockDAG easily takes the lead. With a current price of $0.0248 in Batch 27, it’s predicted to deliver a potential 3932% ROI in the months ahead.
Plus, the new beta testnet launch further boosts profit potential, allowing users to earn up to $2,000 worth of BDAG coins while testing the most promising Layer 1 crypto project today! But acting fast is key—Batch 27 is the last chance to get in at this low price before BDAG’s value takes off.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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