Leading the Crypto Charge Over Tron and Dogecoin » The Merkle News

BlockDAG’s $51.9M Presale Rally: Ready to Outpace Dogecoin (DOGE) and Tron (TRX) Price

BlockDAG is emerging as a top contender in the crypto space, eclipsing both Tron and Dogecoin with its cutting-edge technology and strategic achievements. While Tron (TRX) and Dogecoin (DOGE) show bullish signs, BlockDAG’s recent keynote has generated significant buzz. Crypto analyst William Woody praised BlockDAG’s Directed Acyclic Graph (DAG) technology and low-code/no-code solutions, setting new industry standards. With a presale success of $51.9 million and over 11.6 billion BDAG coins sold, BlockDAG’s innovation and investor appeal position it as the superior choice in the market.

Tron (TRX) Price Surge: Leading the Altcoin Rally

Tron (TRX) is gaining momentum, surpassing $0.1150 against the US Dollar. Currently trading above $0.1155 and the 100-hourly simple moving average, TRX is outperforming Bitcoin. A key bullish trend line with support at $0.1160 on the hourly chart suggests further gains. TRX could rise above $0.1180, aiming for $0.1200 or even $0.1220.

After Bitcoin and Ethereum’s recent dips, Tron stabilized above $0.1120, climbing over 3%. TRX is consolidating above the 23.6% Fib retracement level from $0.1102 to $0.1170. Key resistances at $0.1180 and $0.1200 could see TRX pushing towards $0.1225 and potentially $0.1320.

Should TRX fail to breach $0.1200, it may correct downwards, with initial support at $0.1160 and major support at $0.1150. Investors should watch for dips as buying opportunities.

Dogecoin (DOGE): Inverse Head and Shoulders Pattern Signals Bullish Breakout

Dogecoin’s chart displays an inverse head and shoulders pattern, a bullish signal highlighted by analyst Benji Hyam on TradingView. This pattern suggests Dogecoin may soon hit new annual highs.

On June 5, Dogecoin broke out after forming this bullish pattern but faced resistance, dropping to around $0.16. Holding support at $0.158 is crucial for maintaining upward momentum, as per the analyst.

Investors are closely monitoring Dogecoin’s performance around this pattern. If DOGE stays above the critical support, the bullish trend is likely to continue, making it a compelling investment for those eyeing potential gains.

Crypto Analyst William Woody Lauds BlockDAG’s Second Keynote

In a recent video on the “Crypto Revolution” YouTube channel, renowned crypto analyst William Woody reviewed BlockDAG’s second keynote, hailing it as groundbreaking. Woody praised BlockDAG as the first cryptocurrency to release such a detailed keynote, emphasizing its innovative technology and strategic milestones.

BlockDAG’s presale raised $51.9 million, selling over 11.6 billion BDAG coins across 18 batches. Batch 18 is priced at $0.0122, reflecting an 1120% increase from the initial price in Batch 1. Additionally, BlockDAG has generated $3.3 million from miner sales, with over 8,000 miners sold.

Woody highlighted BlockDAG’s advancements, especially its Directed Acyclic Graph (DAG) chain technology, simplifying decentralized app development through low-code/no-code solutions, making it accessible to non-technical users. BlockDAG has achieved significant milestones, including the imminent mainnet launch and notable ecosystem expansion, gaining attention from Forbes and Bloomberg.

Woody’s endorsement adds credibility, drawing more investors to BlockDAG. With its innovative technology and expert backing, BlockDAG could offer a 30,000x return on investment, establishing itself as a major player in the cryptocurrency sector.

The Bottom Line

Investors eyeing top opportunities in the crypto market should consider BlockDAG over Tron and Dogecoin. While TRX benefits from bullish trends and DOGE shows breakout potential, BlockDAG’s advanced DAG technology, strong presale success, and endorsements from experts like William Woody underscore its exceptional growth potential. The upcoming mainnet launch and continuous ecosystem expansion solidify BlockDAG’s position as a leader in the cryptocurrency landscape.

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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.