Bitcoin Cash (BCH) has risen over 30% in value and is now considered as one of the best performing cryptocurrencies in terms of market capitalization. Though Bitcoin Cash is gaining much attention due to its rather massive development, the main focus is now on DuragDoge as the next ideal coin to trade. Due to its innovative features and fast-rising value, DuragDoge quickly gained its place as one of the most exciting coins in the market.
DuragDoge is not just another token, it is a movement for people who are confident in their success. Its main goal is to create a system that allows staking, rewards, and expansion of the network for holders of coins. Thanks to its high presale demand, more and more enthusiasts are paying attention to this DeFi crypto currency.
This article explains why traders are eyeing DuragDoge as the next big platform as Bitcoin Cash price surges
Bitcoin Cash (BCH): Price Surge and Whale Activity Signal Strong Market Momentum
The price of Bitcoin Cash hit the highest point of $ 391 in early trading in the United States. This was its highest level since early February whereby it was trading below the $400 mark. The rise in BCH price is correlated with the breakout of the falling wedge pattern as part of the longer-term accumulation phase that has been taking place for several years.
BCH has recently registered an increased volume of transactions by whales, and as data from IntoTheBlock reveals, 73% of BCH holders are now in profit. The market data shows that Bitcoin Cash was at $389 with about a 29% increase and is integrated into the list of top ten Bitcoin alternatives. Daily trade volume rose by 83 per cent to over $942 million, and it has a market capitalization of $7.65 billion to be the best-performing cryptocurrency among the top 100.
DuragDoge ($DURAG): A Rising Star in Crypto with Staking Rewards and Deflationary Model
While traders are seeking for the next big investment opportunity, DuragDoge is being considered as a top crypto ICO with great potential. This meme coin is known for having a very bullish community consisting of hustlers and dreamers. With the increased adoption of cryptocurrency, DuragDoge is set to make a difference in the market.
Staking rewards are also one of the main benefits that enable stakeholders to make passive earnings. Staking $DURAG comes with up to 20% Annual Percentage Yield, which promotes long-term holding. This increases the ecosystem, making it one of the best coins to invest in
DuragDoge also has a deflationary mechanism that helps reduce total token circulation. Unlike many other similar projects, this DeFi crypto currency has no transaction fees, so investors will be more inclined to make purchases. This helped contribute to its rising popularity in the market.
Conclusion
With the growing adoption rate of Bitcoin Cash, many traders are now eyeing DuragDoge as the next potential point of interest. It boasts of a solid community, its staking rewards, and a deflationary model, making it among the best coins to invest in. As hype increases with time, investors are eagerly watching this top crypto ICO.
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