BlockDAG's Beta Testnet Achieves 800 TPS, While BNB and Dogecoin Show Market Volatility
BNB's price is currently facing resistance, with buyers and sellers locked in a standoff. The price action is characterized by flat moving averages and an RSI near mid-levels, suggesting a balanced market. A breakout above the resistance could target $644, while a failure to break through could lead to a drop below $576, with the 50-SMA acting as crucial support.
Meanwhile, Dogecoin's price continues its upward trajectory following DOGE Day celebrations. The price has reached $0.16, breaking a long-term descending pattern. Technical indicators like the Parabolic SAR and Money Flow Index confirm increasing buyer strength, supported by rising trading volume (from under $500 million to nearly $868 million). Further upward momentum could push the price towards $0.18 or even $0.25, while a reversal could see it fall back to $0.10.

BlockDAG's recent 7th AMA revealed significant progress. Their beta testnet is live and processing over 800 transactions per second (TPS) across 34 active nodes, half of which are community-managed. This represents a substantial step towards their mainnet goal of 2,000+ TPS. The community's active participation underscores the project's decentralized nature and fosters a robust network foundation. This live environment allows for further development, testing, and data collection to optimize performance and reliability.

The BlockDAG presale has also seen strong momentum, exceeding $2,195 million in funding. Over 19.4 billion BDAG coins have been sold, representing significant progress towards the $600 million target. The BDAG price has increased dramatically, rising 2,380% from $0.001 to $0.0248 (batch 27). A temporary offer reduces the price to $0.0025 for new buyers.

In summary, BNB is at a critical juncture, with its next move dependent on overcoming resistance. Dogecoin's price is experiencing a surge driven by positive sentiment and increased volume. BlockDAG is demonstrating tangible progress with its live beta testnet achieving 800 TPS and strong community involvement, alongside a successful presale exceeding $2,195 million.

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