Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Excitement Peaks as BlockDAG Mainnet Goes Live Today! Pepe Coin Price Turns Bearish & Avalanche Drops to $9

Excitement Peaks as BlockDAG Mainnet Goes Live Today! Pepe Coin Price Turns Bearish & Avalanche Drops to $9

BlockchainReporterBlockchainReporter2026/02/10 17:00
By:BlockchainReporter

Market sentiment has been shifting again as recent trends show mixed signals across well-known assets. The Pepe coin price moved slightly upward this week, yet the chart still shows a clear downtrend with sellers keeping control. At the same time, Avalanche crypto slipped toward the $9 range, facing pressure as trading volume weakened and support levels moved closer. These movements remind many traders how unpredictable established coins can be when momentum fades.

Amid these conditions, attention is turning toward BlockDAG (BDAG) as the network prepares for its mainnet to go fully active today. This moment is seen as a real test of strength, giving users a working system instead of another early-stage promise. With the TGE set for February 11 and talk building about BDAG becoming the next big crypto, confidence around the brand is rising fast.

Pepe Coin Price Faces Ongoing Selling Pressure

The Pepe coin price is trading at about $0.0000038, showing weak movement even though it climbed slightly by around 1% this week. The price stays well under its MA-20, MA-50, and MA-200 levels, which signals strong selling pressure. Indicators like MACD and ADX still show a sell trend, while RSI near 35 suggests the coin is close to oversold levels. 

Analysts expect Pepe coin price to stay between $0.00000345 and $0.00000395 this week, with less than a 20%chance of a breakout. The chart also shows lower highs and lower lows, which keep the coin in a downtrend. Support sits around $0.00000345, while resistance remains near $0.00000395 and $0.00000500. Traders say any real recovery needs a move above these levels. For now, most expect sideways movement with weak momentum as sellers continue to dominate the market.

Avalanche Crypto Weakens With Falling Volume

Avalanche crypto dropped to around $9.06 after falling more than 2% in the past day. The weekly decline sits close to 9 percent, showing ongoing pressure from sellers. Trading volume also fell by about 50 percent, hinting that fewer traders are active in the market right now. Chart data shows Avalanche crypto making lower highs and lower lows for months, keeping the downtrend in place. Analysts see resistance between $10 and $11, which lines up with important Fibonacci levels.

Excitement Peaks as BlockDAG Mainnet Goes Live Today! Pepe Coin Price Turns Bearish & Avalanche Drops to $9  image 0

Support is expected near $8.35. RSI also stays below its earlier trendline, which means momentum remains weak. Some short rebounds may appear, but experts believe they could fade unless the price forms a strong base at lower levels. The new Avalanche ETF on Nasdaq brought attention from bigger investors, yet price movement still depends on whether the market can find stronger support in the coming days.

BlockDAG Ignites Interest with Today’s Mainnet Launch

BlockDAG has reached the moment everything has been building toward: the mainnet is active today. This is not a preview or a test phase. The network is switching fully ON, blocks are being produced on-chain, and the ecosystem is officially live. The next 72 hours define everything, setting the foundation for how BDAG enters the public market and how early participants position themselves before trading begins.

What comes next is just as critical. February 11 brings the Token Generation Event, and with it, BDAG officially opens. This is the point where allocations move from dashboards into wallets, and the launch phase truly begins. One reminder has been made very clear: no BDAG means no staking, and no staking means no rewards. Participation at launch directly determines access to the network’s reward mechanics from day one.

Right now, the final allocation is live at $0.00025, and this window closes permanently at TGE. There are no extensions and no resets. With a confirmed launch structure already in motion, many are focused on the 200× potential gap between final access and post-launch pricing. This is the last opportunity to enter before BDAG transitions fully into open-market dynamics.

Excitement Peaks as BlockDAG Mainnet Goes Live Today! Pepe Coin Price Turns Bearish & Avalanche Drops to $9  image 1

Those preparing for launch are being encouraged to open their dashboard, secure BDAG before TGE, and review the official Launch Guide AMA. Mainnet is live. TGE is next. The final access window is open, and once it closes, the launch phase takes over.

To Sum Up!

While the Pepe coin price continues to struggle below key moving averages and sellers keep control, and Avalanche crypto trades near the $9 zone with weak momentum, many readers are shifting their focus toward projects showing real progress. BlockDAG now sits at the front of that shift as its mainnet becomes active and the network moves toward its final steps before the TGE. 

This transition from preparation to a live network gives BlockDAG a stronger position than assets still dealing with uncertain trends. With analysts discussing its growing potential and more users viewing BDAG as a real contender for the next big crypto, the project enters its launch phase with rising confidence and clear direction.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Intel CEO: CPU only meets 50% of demand, 14A to start production in Q1 next year, new architecture may reduce inference power consumption to 1/15 of GPU

Intel CEO Pat Gelsinger stated that the era of AI agents has triggered an explosion in CPU demand, and Intel is currently able to meet only about 50% of its customers' supply needs, with several tech giant CEOs calling to secure supply. In terms of manufacturing process, the 18A node is now in full mass production, while the 14A node will begin production in the first quarter of next year. By opening up factory data, yield rates are improving by about 7% annually. Additionally, he is advancing neuromorphic computing to address energy consumption bottlenecks and expects quantum computing to have a substantial industrial impact within 3 to 5 years.

华尔街见闻2026/09/16 02:31

Reportedly, the US urges Japan to "increase" defense spending; Tokyo considers a 3.5% GDP target, bond market and yen come under pressure first

Under pressure from the United States, Japan is considering setting a new medium-term defense spending target, planning to increase its defense expenditure to 3.5% of GDP to align with NATO and other U.S. allies.

智通财经2026/09/16 02:11
Reportedly, the US urges Japan to "increase" defense spending; Tokyo considers a 3.5% GDP target, bond market and yen come under pressure first

The logic of "cheap yen financing" is changing! Funds are reallocating "carry trades" as Swiss franc and Swedish krona compete for the funding currency position

The appeal of yen financing has diminished, and carry traders have recently turned their attention to the franc and the krona. With the yen’s recent surge making it a less reliable investment option, currencies such as the Swedish krona and Swiss franc are becoming primary funding choices for carry trades.

智通财经2026/09/16 01:56
The logic of "cheap yen financing" is changing! Funds are reallocating "carry trades" as Swiss franc and Swedish krona compete for the funding currency position