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BlockDAG Setting Up Swiss Foundation Post Team Reveal, While PEPE & Uniswap Struggle to Keep Up

August 10, 2024 By CryptoReporter

While PEPE and Uniswap face challenges with slowing trends and price declines, the crypto scene has one shining star making headlines for all the right reasons: BlockDAG. PEPE investors, despite their impressive 230% ROI, are treading carefully as signs point to potential increased selling pressure. Meanwhile, Uniswap has seen a significant drop, with a 37% reduction in trading volume indicating a cautious market sentiment.

On the flip side, investors are pondering which crypto to buy. BlockDAG’s recent revelations and $65 million presale success are turning heads and opening wallets. Under the guidance of CEO Antony Turner and security expert Youssef Khaoulaj, BlockDAG is rapidly gaining traction as a trusted and promising investment.

PEPE Investors Face Slowing Trend & Selling Pressure

PEPE investors are seeing a remarkable 230% return on investment, with whales making a total profit of $5.85 million. However, the relative strength index is down to 54, indicating a slowing trend. This, along with the significant sell-off by whales, raises concerns for PEPE investors as it might lead to more selling pressure.

The next support levels to watch are $0.00001046 and $0.00000846, which could help stabilise and boost PEPE if maintained above the 50 EMA. Traders should be cautious due to the current market conditions and technical indicators.

Uniswap Price Decline Continues with 37% Drop

Uniswap’s UNI price has dropped 4.79% in the last 24 hours to $7.4, following a week-long decline of 4.0% from $7.71. The uniswap price decline has been accompanied by a 37.0% drop in trading volume. Meanwhile, the circulating supply increased by 0.12% to 753.77 million, 75.38% of its max supply of 1 billion. The uniswap price decline places UNI at a market cap ranking of #20, with a total value of $5.58 billion.

Why is BlockDAG’s CEO Setting Up a Swiss Foundation?

There was a lot of buzz about BlockDAG’s team reveal, and crypto investors were keenly waiting for this moment. Finally, BlockDAG has revealed its founding team. Antony Turner, the CEO, brings over 20 years of experience in Fintech and Crypto, steering BlockDAG’s strategic path. Youssef Khaoulaj, as Chief Security Officer, ensures strong security measures with his deep knowledge of system security and blockchain technology.

The advisory board, featuring Steven Clarke-Martin and Maurice Herlihy, brings advanced blockchain and decentralised technology expertise. Steven’s Blockchain and DAO experience, with Maurice’s credentials from Harvard and MIT, gives BlockDAG an innovative edge.

The excitement around BlockDAG’s team reveal grew with an interview with CEO Antony Turner. He shared insights into BlockDAG’s innovative strategies and stressed upgrading old Proof of Work systems for today’s needs.

BlockDAG is taking big steps to support its community. CEO Antony Turner shared that they are setting up a Foundation, likely in Switzerland. This Foundation will hold funds for the community’s future, ensuring no team members or founders can access these funds. They plan to appoint an asset manager to handle the funds safely. This shows BlockDAG’s commitment to transparency and security, focusing on the community’s best interests.

BlockDAG’s team reveal and CEO interview has inspired confidence and has put it in league with Bitcoin and Ethereum in their early days. With $65 million raised in presale, 12.5 billion coins sold, and a 1600% price surge, BlockDAG is on fire. This exciting team interview has everyone in the crypto market buzzing, showing that BlockDAG is on the path to something big.

Is BlockDAG Your Best Bet?

PEPE and Uniswap are having a tough time, with PEPE investors facing selling pressure and Uniswap experiencing a significant trading volume drop. On the other hand, BlockDAG is on a roll, having just introduced a stellar team and set up a Swiss Foundation. BlockDAG is pulling ahead with a whopping $65 million raised in their presale for anyone wondering which crypto to buy. It’s an exciting time to get involved as they’re setting the pace for future growth.

Join BlockDAG presale Now:

Website: https://blockdag.network

presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News Tagged With: BlockDAG

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