Ethereum's Pectra Upgrade Issues Spark 70% ETH Address Losses, Investors Shift to DuragDoge
Ethereum (ETH) has been experiencing a prolonged downward trend, leading to significant losses for its holders. Approximately 70% of ETH addresses are currently out of money, despite the network's activity, including the deployment of the Pectra upgrade on the Sepolia testnet. This upgrade was intended to enhance ETH’s worth and improve network activity and scalability. However, the upgrade has faced issues, with developers encountering a hurdle due to a custom deposit contract on Sepolia. This has resulted in execution layer (EL) clients experiencing transaction delays within blocks, potentially postponing the mainnet activation launch date and further impacting ETH’s value.
The issues with the Pectra upgrade have led to a continued decline in ETH’s value, affecting investors and token holders. Only about 26% of ETH addresses are making slight profits, while over 70% have incurred losses. This situation has prompted many holders to shift their investments to DuragDoge ($DURAG), which has emerged as a strong contender in the crypto market.
DuragDoge is a new meme coin with revolutionary features that are set to disrupt the meme coin sector. Its token, $DURAG, is designed to promote hustle culture, reflect members’ identity and creativity, and provide longevity. DuragDoge is creating an ecosystem that supports staking and other developments beneficial to token holders, positioning $DURAG ahead of other meme coins. The presale of $DURAG tokens aims to provide early access to this promising token, with 1,240,000,000 $DURAG tokens available at exclusive rates. The token has garnered interest from crypto whales and users due to its reward features, which include staking and rewards, community incentives, and periodic burns to regulate circulation and ensure longevity.
Holders who stake their $DURAG tokens can earn up to 20% APY in rewards, significantly boosting their portfolios. Community incentives reward members for their activeness and creativity within the DuragDoge ecosystem. Periodic burns of $DURAG tokens will regulate its circulation, making it a deflationary token with a value that is expected to continue rising. These features have contributed to the widespread adoption of $DURAG, with presales surpassing expectations. As the crypto market undergoes changes, DuragDoge is poised to become a leading crypto, offering early investors the opportunity to enjoy significant gains.

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