TheCosmosteamhasunveiledValence,anovelprotocoldesignedtoimproveWeb3interoperabilityviatheInter-BlockchainCommunication(IBC)protocol.
Topcryptocommunityupdates:CosmosunveilsValenceHighlightingrecentdevelopmentsinthecryptocurrencyspace,here’sasummaryofthelatestupdatesfromDogecoin(DOGE),Cosmos(ATOM),andBlockDAGNetwork.Dogecoin(DOGE)priceanalysissuggestsapotentialrecoveryasthememecoinedgesupfromacrucialsupportlevel.Meanwhile,CosmosintroducestheValenceprotocol,aimingtoenhanceWeb3interoperability.Additionally,BlockDAGNetworkannouncesa$2millioncommunitygiftandunveilspresalefigures.Dogecoinpriceseeksrecovery,targets$0.1315resistanceDogecoin(DOGE),thetopmemecoinbymarketcapitalization,isshowingsignsofrecoveryafterasignificantfall.Atthetimeofwriting,DOGEpriceisup1.8%totradeat$0.1246.AcloserlookattheDOGE/USD1-hourchartrevealsthatDOGEhasfoundsupportatthelowerboundaryofadescendingchannelandisnowattemptingtorebound.Ifitmanagestobreakthroughtheupperboundaryofthechannelat$0.1315,DOGEcouldcontinueitsrallyandaimforthe50SimpleMovingAverage(SMA)at$0.150.However,afailuretoholdabovethelowerboundaryofthechannelcouldleadtofurtherlosses,potentiallytargetingthe100SMAat$0.112orevenlowertothe200SMAat$0.10.Dogecoinpriceiscurrentlyaimingtorecoverfromapeakof$0.174,havinglost31%totradeinadescendingchannel.Afterarecentsell-offinthecryptomarketsawmajorcoinslikeBitcoinandEthereumdropover20%fromrecenthighs,Dogecoinpricealsofellsharply.However,DOGEpricenowshowssignsofrecovery,especiallyafterrecentlyfindingsupportat$0.122.Dogecoinpriceanalysis:DOGEpricereboundedfromacrucialsupportlevelasbuyinginterestemergedfollowingarecentsell-offinthecryptocurrencymarket.チャートを拡大するCosmosintroducesValence,aimingatenhancedWeb3interoperabilityTheCosmosteamhasunveiledValence,anewprotocoldesignedtobolsterWeb3interoperability.ValenceaimstoconnectvariouscryptoeconomiesthroughtheInter-BlockchainCommunication(IBC)protocol.TheprotocolwillenableadiverserangeofWeb3entitiestointeract,includingBitcoinLayer2s,Ethereumprotocols,SolanaDAOs,andmore.ThroughValence,theseentitieswillbeabletoparticipateinactivitiessuchaslending,liquidityprovision,andgovernance.Valencealsoaimstoenhanceliquidity,facilitatinglendingprotocol-ownedliquiditymarketsandpromotinggreaternetworktransparency.Ultimately,thiseffortisgearedtowarddrivingbroaderadoptionoftheCosmosecosystemanditsATOMcoin.Currently,ATOMpricetradesat$6.53,showcasinga22%pricedecreaseoverthelasttwoweeks.Despitetherecentsell-off,ATOMpriceseemstoberecovering,whichisevidentfromitsweeklyRSI.ThisupdateservesasahighlightinourCosmos(ATOM)coverage.BlockDAGrollsout$2Mgiveaway,encouragingcommunityinvolvementBlockDAGNetworkisconductinga$2milliongiveaway,where50communitymemberswillwinsubstantialcashprizes.Toparticipate,membersarerequiredtointeractonBlockDAG’ssocialmediaplatforms,providingtheirwalletaddressesandcompletingvariousquests.Additionally,participantscanreferfriendstothegiveawayformoreentries.WinnerswillbechosenrandomlyandannouncedonBlockDAG’schannels.Witheachcompletedtaskincreasingthechancesofwinning,thegiveawayaimstofosteralivelyatmospherewithintheBlockDAGcommunity.Atthecentreofthisengagementstrategyisa10%referralreward,designedtoencouragemaximumparticipationanddriveorganicgrowth.Thisschememotivatesmemberstocontributetoexpandingtheproject,fosteringloyaltyandasenseofcommunityownership.Byprioritizingcommunity-drivengrowth,BlockDAGseekstocultivateasustainableandvibrantecosystem.BlockDAGNetwork’spresalefigureshit$53.7millionbythe18thbatchBlockDAGNetworkhasachievedremarkablesuccessinitspresale,withfiguresreaching$53.7millionbythe18thbatch.ThisdevelopmentshowcasesthestrongdemandandenthusiasmfortheBlockDAGprojectamongthecryptocommunity.ThepresalebeganonMarch23,offeringBlockDAG’snativeBODGtokensatastartingpriceof$0.0006.Throughoutthepresale,thetokenpricehasgraduallyincreased,reaching$0.0035inthe18thbatch.InterestedbuyerscanstillparticipateintheongoingpresalebyvisitingtheBlockDAGwebsiteandcompletingtheapplicationform.Minimumandmaximumpurchaseamountsaresetat25,000and2,500,000BODGtokens,respectively.TheseupdatesprovideaglimpseintothelatestdevelopmentsandinitiativesundertakenbyDogecoin,Cosmos
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