A closely followed crypto strategist believes that one small-cap layer-0 altcoin project is primed for a breakout.<\/p>\n
Pseudonymous analyst Inmortal tells<\/a> his 207,600 followers on the social media platform X that scaling solution Constellation (DAG<\/a>) is in an uptrend after bouncing off a key level at $0.05 following a long accumulation phase.<\/p>\n \u201cI like DAG here.<\/em><\/p>\n Looking for expansion.\u201d<\/em><\/p>\n Looking at his chart, the trader suggests DAG will soar to around $0.12 by June.<\/p>\n DAG is trading for $0.061 at time of writing, up more than 13% in the last 24 hours.<\/p>\n The Constellation layer-0 protocol is designed<\/a> to be a scalable distributed network that allows developers to build blockchains, mint crypto assets and build decentralized applications. Layer-0 refers to the base layer of a blockchain network.<\/p>\n The project says that HGTP (Hypergraph Transfer Protocol) is the core technology of the network, comparing its layer-0 technology to protocols that create HTTP frameworks for websites.<\/p>\n \u201cLayer-0 standard is the protocol that serves as the fundamental for all other protocols built on it. Hence, it\u2019s comparable to a well-established solution like WordPress. <\/em><\/p>\n While WordPress created the framework for websites and businesses to be developed on HTTP, Constellation\u2019s Layer 0 standard forms the basis for blockchain projects built with HGTP logic.\u201d<\/em><\/p>\n The trader is also bullish<\/a> on decentralized finance (DeFi) altcoin Radix (XRD<\/a>).<\/p>\n \u201cYou know you want to do it. Break it.\u201d<\/em><\/p>\n Looking at his chart, the trader suggests Radix may print a bullish reversal descending triangle pattern if it can flip the area around $0.045 into support.<\/p>\n XRD is trading for $0.043 at time of writing down nearly 7% in the past 24 hours.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" A closely followed crypto strategist believes that one small-cap layer-0 altcoin project is primed for a breakout. Pseudonymous analyst Inmortal tells his 207,600 followers on the social media platform X that scaling solution Constellation (DAG) is in an uptrend after bouncing off a key level at $0.05 following a long accumulation phase. \u201cI like DAG […]<\/p>\n","protected":false},"author":2,"featured_media":256687,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-256686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/256686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=256686"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/256686\/revisions"}],"predecessor-version":[{"id":256692,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/256686\/revisions\/256692"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/256687"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=256686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=256686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=256686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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