Most Popular Cryptos of August 2024: VeChain and Dogwifhat Prices Struggle to Rise While BlockDAG Presale Cruises to $65M

Key Takeaways
  • Dogwifhat price drops to $1.5; potential for 60% gain if support holds.
  • VeChain partners with VeStation to enhance DeFi ecosystem liquidity.
  • BlockDAG presale reaches $65.6M; 1600% price increase draws investor interest.
13-08-2024 By: Pooja Lodwal
Most Popular Cryptos

BlockDAG Presale Hits $65M as Dogwifhat and VeChain Struggle

Investors are closely watching Dogwifhat Price as it hovers around $1.5 after a recent drop. VeChain’s new partnership with VeStation is also grabbing attention, as it aims to boost the DeFi ecosystem. Meanwhile, BlockDAG, a Layer 1 in presale, is standing out to investors seeking stability in a volatile market. BlockDAG has raised over $65.6 million and seen its price soar by 1600%, now priced at $0.017 in batch 21. BlockDAG’s steady performance is an indication of its future potential, making it one of the most popular cryptos to buy in 2024.

Dogwifhat Price Analysis: Key Support Level Under Threat

Dogwifhat is hovering near its crucial $1.5 support level after a 2% drop on Sunday. This decline follows a market-wide correction, hitting meme coins especially hard due to their inherent volatility. The next few days could be critical for Dogwifhat, as it might either bounce back or continue its downward trend if selling pressure doesn’t ease.

Dogwifhat

The recent dip, sparked by Bitcoin’s reversal and global economic concerns, has pushed Dogwifhat from $2.9 to $1.57, a significant 46% loss. If the price falls below $1.5, the next potential support is at $1.1, but a strong recovery could drive Dogwifhat back up to challenge the $2.7 mark, offering a possible 60% gain for those watching closely.

VeChain News: VeSwap Partners with VeStation to Boost DeFi Ecosystem

In the latest VeChain news, VeSwap, the leading decentralized exchange on the VeChain ecosystem, has teamed up with VeStation, a VeChain-based decentralized finance platform, to enhance sustainability and user experience. This partnership will support trading pairs like $ssUSD and VeBetterDAO, boosting liquidity and offering better trading options. VeSwap will also provide crucial assistance in liquidating $VET collateral, ensuring stability during market fluctuations.

BlockDAG

VeStation’s $ssUSD, designed as a sustainable stablecoin, will be integrated into VeSwap, expanding its platform offerings while promoting eco-friendly projects. This collaboration strengthens the VeChain DeFi landscape by supporting vital trading pairs, improving liquidity, and fostering a more sustainable and robust environment for users. 

BlockDAG Presale Hits the $65 Million Milestone

BlockDAG is making blockchain easier for everyone with its user-friendly low-code/no-code platform. This tool allows anyone, no matter their technical background, to create and launch utility tokens, meme tokens, and NFTs. With customizable templates, users can easily design digital assets that match their vision, without needing any deep technical skills. This accessibility invites more people into the crypto world, sparking creativity and encouraging broader participation.

BlockDAG Presale Hits the $65 Million

Despite the tough market, BlockDAG is on a strong upward path. Its presale has already reached $65.6 million, with over 12.6 billion coins sold. BDAG’s value has jumped by 1600% since the first batch, and analysts are already ranking it among the popular cryptos of 2024. With a forecasted price of $1 for BDAG, early investors could see an incredible 99,900% return. Presale batches are selling out quickly as investors rush to grab this exciting opportunity.

Key Insights

While Dogwifhat and Vechain may have promising short term outlooks, there are concerns about Dogwifhat price stability or VeChain’s growth. Because of this, investors are starting to look for new opportunities, and BlockDAG is catching their eye. BlockDAG has already delivered an impressive 1600% return on investment from Batch 1 to Batch 21, and it offers attractive automatic bonuses. With Batch 21 priced at $0.017 per coin and almost sold out, Batch 22 is coming soon, and it's expected to bring a significant price increase.

BlockDAG Presale

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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