ETH Near Key Support, XRP Tests Long-Term Zone, BlockDAG Schedules September 1 Global Launch
The crypto market rarely stays still for long, and this weekโs action in ETH and XRP illustrates that point. Ether has slipped to roughly $1,847, and market commentary centers on whether the $1,800 support zone can hold. XRP is trading near $1.08 after reaching what some technical indicators describe as an extreme oversold reading, leaving it at an important juncture for buyers.
Meanwhile, BlockDAG is preparing for a planned network launch. According to project materials, its aftersale is closing and a global launch is scheduled for September 1. The team lists a token sale price of $0.00000006 and says tokens will be fully unlocked at launch.
The project also reports its casino has recorded over $200 million in wagers, that network throughput has reached 7,000 transactions per second following a recent upgrade, and that a native exchange is planned. Below we outline current market context for ETH and XRP and summarize project-reported claims about BlockDAG. None of the project claims in this article have been independently verified; this is informational content, not financial advice.
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