DuragDoge ($DURAG) awes the crypto community as it rises as one of the high-potential altcoins that merge meme culture, community, and innovation into a complete package. Cardano (ADA) holders are becoming cautious because $DURAG is seeing massive sales and could potentially attract investments away from ADA. Cardano recently saw sharp price swings after the US government announced a strategic crypto reserve, with ADA spiking above $1.15 before falling back to $0.81.
The DuragDoge project supports a deflationary mechanism to increase its token’s value over time, as well as no buy and sell tax, to help its investors get the complete value of their investments. This meme project is inclusive to all investors who are already scooping up its blockchain ICO tokens at the current discount price. This article explains why Cardano holders are to beware given DuragDoge’s unstoppable rise.
Cardano (ADA): Records Volatility Explosion
Cardano recently experienced a significant surge in hourly intraday volatility, reaching over 600%, the highest among major altcoins. This sharp increase following the U.S. marketwide surge in price action was caused by the government’s announcement of a strategic crypto reserve. This marked the most volatile trading session Cardano has been in years.
Due to the quick change in market sentiment, ADA first surged above $1.15 before falling back to $0.81. The influx of capital and speculative trading were also highlighted by the abrupt spike in trading volume. Cardano now trades close to the $0.94 level, a 17% increase in the 30-day timeframe.
DuragDoge ($DURAG): Long-term Profitability And Rewards
The goal of the DuragDoge is for its DeFi token to go beyond representing monetary value globally, but also build a bold and creative community. $DURAG serves as the badge of honor, that represents fearlessness, and binding people through shared energy and ambition. This project is also designed for the long-term for all investors, irrespective of their experience.
DeFi features like staking, deflationary mechanism, and community rewards are incorporated to augment DuragDoge’s investors’ portfolios. Holders that stake their tokens get an APY of up to 20%. As a deflationary project, there are plans for buyback and burn programs to support the $DURAG token price increment over time.
DuragDoge ($DURAG): Presale Grabs Investors’ Attention
New and experienced investors are flocking to the DuragDoge’s blockchain ICO, which is selling at $0.0009 per token. The presale is planned for ten stages, with substantial price increments as it progresses. Aside from 62% of the token supply allocated for its ongoing presale, another 8% has been set aside for community rewards. DURAG will launch on exchanges at a minimum price of $0.01 per token, which is a 1000% spike from its current price.
Conclusion
Cardano saw its most volatile trading session in years, with sharp price swings. Cardano holders are being cautious following DuragDoge’s fast rise. The DuragDoge movement goes beyond cryptocurrency investment because as one of the high-potential altcoins, it symbolizes cultural identity, boldness, and creativity.
The tokens are still selling at a DeFi token price of just $0.0009, so, if interested, visit the presale website to capitalize on $DURAG’s on time. Interestingly, up to 5% bonus are available upon purchase.
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