BlockDAG Aims to Establishe Swiss Foundation; PEPE and Uniswap Price Fail Keep Upstick

BlockDAG Elite Team | PEPE & Uniswap Market Challenges

Amidst a backdrop of price dips and market slowdowns for PEPE and Uniswap, BlockDAG emerges as the beacon of progress in the cryptocurrency landscape. Despite PEPE investors enjoying a stellar 230% ROI, caution prevails due to potential upticks in selling pressure. Simultaneously, Uniswap grapples with a substantial 37% fall in trading volume, reflecting a wary market stance.

On the brighter side, the crypto community is abuzz, wondering which investment to jump on next. Under the leadership of CEO Antony Turner and security maestro Youssef Khaoulaj, BlockDAG’s $65.3 million pre-sale has captured widespread attention, positioning it as a reliable and promising investment.

PEPE Investors Contend with Slowing Momentum and Increased Selling

PEPE investors are reaping a hefty 230% ROI, with whales pocketing a collective $5.85 million. Yet, a dip in the relative strength index to 54 flags a slowdown. Coupled with a notable whale sell-off, this signals mounting sell pressure for PEPE. 

Key support levels at $0.00001046 and $0.00000846 remain crucial, potentially buoying PEPE above the 50 EMA if sustained. Traders should tread with caution, given the current market dynamics and technical indicators.

Uniswap Suffers Continued Price Erosion with 37% Trading Slump

In the last 24 hours, Uniswap’s UNI has tumbled 4.79% to $7.4, extending a week’s decline from $7.71. This price drop accompanies a 37.0% plunge in trading volume, while the circulating supply nudges up by 0.12% to 753.77 million—75.38% of its total 1 billion cap. This price drop places UNI at the #20 spot in market cap rankings, valued at $5.58 billion.

Why BlockDAG’s CEO Is Establishing a Swiss Foundation?

The unveiling of BlockDAG’s team has sparked significant interest. At the helm, CEO Antony Turner, with over two decades in Fintech and Crypto, directs BlockDAG’s strategic endeavors. Chief Security Officer Youssef Khaoulaj ensures robust security with his extensive knowledge in system security and blockchain.

The advisory board, with Steven Clarke-Martin and Maurice Herlihy, enriches BlockDAG with cutting-edge blockchain and decentralized tech acumen. Their expertise, drawn from notable stints at Harvard and MIT, equips BlockDAG with a pioneering advantage.

In a recent interview, CEO Antony Turner elaborated on BlockDAG’s novel strategies and emphasized modernizing outdated Proof of Work systems to meet current needs. The setup of a Foundation in Switzerland aims to safeguard community funds, with stringent measures to prevent access by team members or founders. An appointed asset manager will oversee these funds, underscoring BlockDAG’s dedication to transparency and community welfare.

BlockDAG’s team announcement and CEO interview have bolstered investor confidence, likening its early-stage buzz to that of Bitcoin and Ethereum. With a $65.3 million haul in the pre-sale and a sale of 12.5 billion coins resulting in a 1600% price jump, BlockDAG is currently the hot topic in crypto circles.

Is BlockDAG the Optimal Choice?

While PEPE and Uniswap navigate through market turbulence—with PEPE facing increased selling pressures and Uniswap witnessing a notable drop in trading volume—BlockDAG is surging ahead, marked by an impressive team reveal and the establishment of a Swiss Foundation. With a staggering $65.3 million raised in its pre-sale, BlockDAG is setting the stage for substantial future growth, making it an exciting prospect for potential investors.

Join BlockDAG presale Now:

Website: https://blockdag.network

presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer and Risk Warning

This article is a sponsored press release and is for informational purposes only. Crypto News Land does not endorse or is responsible for any content, quality, products, advertising, products, accuracy or any other materials on this article. This content does not reflect the views of Crypto News Land, nor is it intended to be used for legal, tax, investment, or financial advice. Crypto News Land will not be held responsible for image copyright matters. Readers are advised to always do your own research before making any significant decisions.

Other posts