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BlockDAG Initiates Swiss Foundation Following Team Reveal as PEPE & Uniswap Lag Behind

August 11, 2024 By CryptoReporter

As PEPE and Uniswap grapple with declining trends and falling prices, BlockDAG stands out as a great pick in the cryptocurrency market. Despite a solid 230% ROI, PEPE investors are moving cautiously, wary of impending selling pressures. In contrast, Uniswap is experiencing a noticeable 37% decrease in trading volume, signaling a market treading on eggshells.

In this crossroads, eyes are turning towards potential market leaders of the future. BlockDAG, under the strategic vision of CEO Antony Turner and the security savvy of Youssef Khaoulaj, is quickly becoming a beacon for savvy investors with its $65.2 million pre-sale success.

PEPE Investors Navigate Slowing Gains  

PEPE investors are pocketing an impressive 230% ROI, with the big fish reeling in $5.85 million in profits. Yet, a dip in the relative strength index to 54 suggests a cooling trend. This slowdown, combined with significant whale sell-offs, hints at brewing storms of selling pressures.

Critical support levels at $0.00001046 and $0.00000846 are the lifelines that could anchor PEPE above the 50 EMA, providing a buffer against the market’s whims.

Uniswap’s Slide Deepens with a 37% Trading Volume Plunge

Uniswap’s UNI token has slid 4.79% in just 24 hours to $7.4, continuing a downward trajectory from $7.71 over the week. Accompanied by a 37% plummet in trading volume and a slight 0.12% uptick in circulating supply to 753.77 million—75.38% of its billion-token cap—UNI now sits at a market cap ranking of #20, holding a total valuation of $5.58 billion.

BlockDAG’s Visionary Move: Why a Swiss Foundation?

The crypto community has been buzzing about BlockDAG’s team. Leading the charge, CEO Antony Turner, with two decades of fintech and crypto wisdom, is charting BlockDAG’s course. Chief Security Officer Youssef Khaoulaj fortifies this path with his deep security and blockchain expertise.

The advisory duo, Steven Clarke-Martin and Maurice Herlihy, injects a pioneering spirit with their blockchain and decentralized tech prowess, rooted in prestigious experiences at Harvard and MIT.

The revelation of BlockDAG’s core team has sparked excitement, further fueled by an interview with CEO Antony Turner. He discussed the innovative approaches BlockDAG is adopting, particularly the shift from outdated Proof of Work systems to meet modern demands.

BlockDAG is laying down significant foundations to nurture its community. Turner announced plans for a Swiss-based Foundation to safeguard community funds, ensuring they remain untouched by team members or founders. An asset manager will oversee these funds, reflecting BlockDAG’s commitment to transparency and community trust.

BlockDAG’s team unveiling and CEO insights have not only boosted investor confidence but have also placed it on a trajectory reminiscent of the early days of giants like Bitcoin and Ethereum. With $65.2 million raised in the pre-sale, 12.5 billion coins snapped up, and a meteoric 1600% price leap, BlockDAG is the talk of the town, signaling a monumental future.

Is BlockDAG Your Winning Ticket?

While PEPE and Uniswap navigate turbulent waters with heightened selling pressures and significant trading volume reductions, BlockDAG is charting a course of triumph, freshly bolstered by an outstanding team reveal and the establishment of a Swiss Foundation. With a staggering $65.2 million already banked in its pre-sale, BlockDAG is setting the pace for explosive growth. It’s an exhilarating time to dive in as BlockDAG carves out a future at the forefront of the crypto revolution.

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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