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August saw the worst market crash of 2024, with Bitcoin and altcoins plunging rapidly. Turns out, recession fears, geopolitical turmoil, and severe market corrections have fueled this steep decline. Gains from the earlier bull market have already been wiped out and the overall market cap has come crashing down by 20%.
As a result of this market downturn, Cardano (ADA)’s growth is floundering. Its development activity has fallen by 75% in just a month. PEPE’s future looks equally grim, with its price nearly 40% below its all-time high.
Yet, in this chaos, BlockDAG stands strong. Its 45-staged presale defies the market’s downward spiral. Since batch 1, BlockDAG’s price has skyrocketed by 1600%. With $66.7 million in presale revenue, predictions suggest it could hit $1 this year—offering a potential 5800% ROI for current participants.
Cardano (ADA) Growth Slows Significantly
Cardano user growth has hit a wall, with the number of addresses holding ADA stuck at 4.45 million for almost a year. While competitors like Solana are adding new users at a rapid pace, Cardano’s development activity has stooped—down 75% in just a month.
ADA’s price has also dropped nearly 23% in the past 30 days, but there are hints of a potential recovery. A bullish pennant pattern and a stabilizing RSI could signal a reversal, but for now, Cardano is feeling the heat from its more dynamic competitors.
PEPE Price Prediction: Will $0.000012 Happen?
PEPE is currently trading 38.29% below its all-time high. Despite this dip, it’s still showing an impressive growth year-to-date. August 2024 could be a critical month for PEPE’s price prediction as it teases the possibility of a price jump to $0.000010.
However, if the coin can’t hold its momentum, prices might dip to $0.0000060. Looking ahead to Q3 2024, PEPE might break through to $0.000012, assuming the bullish vibe sticks around. But watch out—a bearish continuation could bring it down to $0.0000070.
BlockDAG Surges Despite Market Crash: $1 per Coin Imminent?
The recent market crash hit most cryptos hard, leaving investors feeling the sting. Unfortunately, market crashes are a reality, and while no one knows when the next one will happen, avoiding investments out of fear isn’t the answer.
Instead, it’s essential to find coins that can withstand volatility, and that’s where BlockDAG steps in.
From batch 1 to batch 21, BlockDAG’s price has shot up by 1600%—an ROI that’s tough to beat. Currently priced at $0.017 per coin, BlockDAG’s community has grown to over 100,000 holders across 30+ countries.
What makes BlockDAG so special? It’s all about the tech. BlockDAG’s Block & DAG architecture solves the big issues—speed, security, and decentralization—that even giants like Bitcoin and Ethereum struggle with.
With transaction speeds of 10,000 to 15,000 TPS, it’s blazing fast. Plus, BlockDAG is changing the game with a crypto payment card that works just like a regular debit card, allowing users to pay with crypto anywhere.
These kinds of advancements have pushed BlockDAG to new heights. After a strong presale performance and constant innovation, BlockDAG is expected to reach $1 per coin in the coming months.
Those who jump in during batch 21 have a potential ROI of 5800%. But time is ticking—this batch is almost sold out, with some investors buying in with as much as $2.4 million.
Conclusion
The crypto market is in chaos, and 2024 is proving to be a brutal year for many coins. Cardano (ADA) is desperately trying to regain momentum, but the outlook isn’t looking good with growth stalling and development activity nosediving. Meanwhile, PEPE is hanging by a thread, struggling to navigate the volatile market conditions.
But amid the turmoil, BlockDAG is defying the odds. With a meticulously structured presale and a staggering $66.7 million raised, BlockDAG is showing a resilience that’s catching everyone’s attention. Currently priced at $0.017 per coin, BDAG is on track to hit $1 this year—a potential 5800% ROI for those who got in on batch 21.
However, time is running out. This batch is selling fast, with some purchases as large as $2.4 million. Once it’s gone, the next batch will be pricier, so securing that 5800% return now might just be the smartest move.
Learn About BlockDAG – Act Now Before Prices Increase:
Source: https://coinedition.com/pepe-dips-cardano-growth-slumps-as-2024s-worst-crash-hits-yet-blockdag-surges-1600/