Memecoin Market Update: Dogecoin Whale Activity Sparks Optimism, Pepe Coin Experiences Correction, BlockDAG\'s X1 Miner App Gains Traction

In the Memecoin Market, Dogecoin's value fluctuates, and Pepe Coin is experiencing a notable correction. Meanwhile, BlockDAG's X1 Miner App launch has attracted some attention.

Dogecoin (CRYPTO: DOGE) saw large investors, or whales, accumulate over 900 million DOGE, valued at $129 million, over the past seven days.

Despite a significant price drop of 11.88% over the past week due to a global crypto market downturn, optimism is growing for the largest meme coin by market cap.

Addresses holding between 10 million and 100 million DOGE are accumulating, which could signal a bullish movement. Currently, 900 million DOGE are being held by seven addresses, out of the total seven billion circulating.

Dogecoin Price Action: As of last check on Friday, Dogecoin was trading at $0.142, down 0.6% over 24 hours. The meme coin saw a seven-day price drop of 11.88%. At current price levels, Dogecoin is down 88.3% from its all-time high of $1.24, attained in May 2021.

The apex coin encountered a seven-day price increase of 0.7%, trading at $24,100 at last glance.

The meme coin saw seven-day price drops of 16.0% and 11.88%, respectively.

Dogecoin optimism grew as addresses holding between 10 million and 100 million DOGE are accumulating, which could signal a bullish movement.

In the Memecoin Market, Dogecoin Value Fluctuates, Pepe Coin Experiences Correction, BlockDAG X1 Miner App Launch Gains Attention

Dogecoin (DOGE), the largest meme coin by market cap, has seen increased whale activity, with large investors accumulating over 900 million DOGE worth $129 million in the last seven days.

Despite a significant price drop of 11.88% over the past week due to a global crypto market downturn, optimism is growing.

Addresses holding between 10 million and 100 million DOGE are accumulating, potentially signaling a bullish movement. Currently trading at $0.142, Dogecoin's value might be ripe for recovery if it breaches the $0.15 support, potentially rising to $0.17.

Pepe Coin (PEPE) might not show expected gains like other crypto in the bull run, but it's certainly facing a recovery in the foreseeable future. The token, which saw an impressive performance in May, is now priced at $0.00001193.

However, interest from buyers suggests a potential recovery as the price stabilises. Despite the recent Pepe Coin crash, this could signal the start of a new bullish phase for PEPE.

BlockDAG is making waves with its X1 Miner App and aggressive international marketing campaigns.

The X1 Miner App, available globally on the App Store and Play Store, allows users to mine up to 20 BDAG daily. The app features energy-saving mining, a user-friendly interface, and a referral system, making it accessible and attractive to users worldwide.

With events at iconic locations such as Shibuya Crossing in Tokyo, the Las Vegas Sphere, Piccadilly Circus in London, and even a lunar-themed Keynote 2, BlockDAG aims for a marketing push.

These campaigns, showcasing BlockDAG’s innovative technology, as detailed in the Original keynote, Keynote 2 and the DAGpaper, along with its induction on CoinMarketCap, have significantly boosted its market presence.

Join BlockDAG Now:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu

News source：https://www.kdj.com/cryptocurrencies-news/articles/memecoin-market-update-dogecoin-whale-activity-sparks-optimism-pepe-coin-experiences-correction-blockdag-x-miner-app-gains-traction.html

The above is the detailed content of Memecoin Market Update: Dogecoin Whale Activity Sparks Optimism, Pepe Coin Experiences Correction, BlockDAG\'s X1 Miner App Gains Traction. For more information, please follow other related articles on the PHP Chinese website!