Well, even the second-largest crypto in the market, Ethereum (ETH), is feeling the heat of the bear market. Ethereum continues to be on a prolonged downtrend, hitting a new yearly all-time low. This has derailed its holders and investors as ETH continues to dip despite the network’s activity to raise its value again.
On the other hand, another token, DuragDoge ($DURAG), is shaking things up in the meme coin sector and already showing potential to take over. $DURAG is an innovative meme token serving fun, utility, creativity, profitability, and cultural identity in one go. No wonder $DURAG is topping the charts as one of the best cryptocurrency presales. It is also the reason analysts are confident that DuragDoge is one of the best cryptos to buy now. Read on to discover why $DURAG might become the next meme coin leader.
Ethereum (ETH) Continues to Hint at New Price Drops as it Hits a New All-Time Low
Ethereum has been in a downtrend for 357 days, and just recently, it hit a new all-time low of $1,996. This is Ethereum’s lowest value since November 2023. During this period of its new all-time low, about $100 million in Ethereum was liquidated, and ETH’s future open interest (OI) decreased by over 10% across various crypto exchanges.
Ethereum declined by over 50% between December and March in just four months, causing it to lose over $250 billion in market cap. This is taking a significant toll on ETH holders. Data from IntoTheBlock shows that about 70% of ETH addresses are out of money, and only 4.46% are at breakeven value.
Ethereum’s continuous decline is negatively impacting its holders and investors, who were hoping that recent network activity would boost ETH’s price again and give them gains. Ethereum just deployed its Pectra Upgrade on the Sepolia testnet, and members and analysts hoped it would boost ETH’s price. However, the price surge might not happen anytime soon as ETH continues to dip.
DuragDoge ($DURAG) is on the Verge of Becoming the Meme Coin Leader
DuragDoge is a new meme coin revolutionizing the meme coin space with its utility-driven features. It is the best cryptocurrency for beginners, especially those from the hoods, seeking rewards for their hustle. DuragDoge is here to support its members’ ambitions and encourage them to take bold moves by arming them with $DURAG, one of the best cryptos to buy now.
DuragDoge aims to be a force to reckon with in the meme coin space. This is why it promotes long-term values that will benefit its community members. DuragDoge’s community will be for everyone daring to do great things and will reflect members’ identity and creativity. DuragDoge is driving a cultural shift to prove there can be more to meme tokens.
DuragDoge’s vision and features are impacting its ongoing presale, making $DURAG one of the best cryptocurrency presales in the market. It is still not too late to become an early holder and make gains, as there are 1,240,000,000 $DURAG tokens up for grabs during this presale.
DuragDoge ($DURAG) Continues to Gain Significant Traction With its Rewards
DuragDoge is fulfilling its promise of building long-term commitment for holders and investors. One way it is doing that is through its staking rewards. Token holders will earn up to 20% APY in rewards each time they stake their $DURAG tokens. This alone is enough to add massive gains to holders’ portfolios. It also makes it easy for new crypto users to earn without trading coins, making $DURAG the best cryptocurrency for beginners.
Community members will receive rewards as 160,000,000 $DURAG tokens have been set aside for rewards to ensure members consistently gain. A burn mechanism will ensure $DURAG’s value continues to surge in the long term. This will regulate the quantity of $DURAG tokens in circulation at any given point, making $DURAG gold. With these features and reward mechanisms, it is easy to see why $DURAG is topping the charts and moving to become the new meme coin king.
Conclusion
While Ethereum is still in the dip, DuragDoge is breaking records and profiting holders and investors. $DURAG’s features set it apart, and the ongoing presale is your best chance to tap into this rare gem. So join the presale now and elevate your hustle and drip!
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