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Cryptocurrency News Articles

BlockDAG (BDAG) Presale Skyrockets 2240%, Black Friday Deals Drive Massive Network Traffic

Nov 29, 2024 at 03:01 am

The cryptocurrency market is experiencing heightened activity, with major players driving significant shifts. Ripple (XRP) news spotlights the launch of the XRPL Foundation

BlockDAG (BDAG) Presale Skyrockets 2240%, Black Friday Deals Drive Massive Network Traffic

BlockDAG Surges 2240% in Presale, Stellar Breaks Out at $0.64

BlockDAG has emerged as the best crypto choice with its 2240% price surge since batch 26, now at $0.0234. It has sold 16.6B coins, earning over $150M in total presale revenue. This phenomenal growth attests to the massive trust BlockDAG has garnered among crypto enthusiasts, making it one of the most profitable options in the current market.

Moreover, BlockDAG is offering two incredible Black Friday deals. When purchasing BDAG coins, use promo code BLACKFRIDAY150 to receive a 150% bonus. This offer is valid from November 29 to December 2, so don't miss out!

As people rush to secure these deals, the network traffic on BlockDAG has hit record highs. This surging demand, coupled with the network's limited capacity, has caused some delays in transactions. However, the BlockDAG team is working tirelessly to optimize the network and ensure everyone can participate in these limited-time offers.

Stellar Surges to $0.64 in a Breakout Rally

The recent Stellar price surge has been turning heads with XLM reaching a peak of $0.64 on November 24. This marks the end of a prolonged corrective phase and a breakout from key resistance levels.

However, Stellar's overbought RSI on the 4-hour chart indicates potential consolidation around the $0.45-$0.48 pivot zone, which aligns with previous highs. The recent surge from $0.10 demonstrates strong bullish momentum, and sustaining above the $0.30-$0.34 range is crucial for validating the breakout. If XLM can hold this support, we could see further moves toward $0.56. But failure to do so might lead to a retracement toward the $0.24-$0.21 levels.

XRPL Foundation to Manage a $6.5M Fund

Ripple news has taken a significant turn with the launch of the XRPL Foundation, which aims to accelerate the adoption and development of the XRP Ledger. It will steward a $6.5 million fund to support innovative projects and strengthen community engagement, positioning Ripple for long-term market growth.

This milestone reflects Ripple's strategic focus on enhancing the ecosystem's utility beyond traditional payments. Ripple news also highlights the positive impact on XRP's market performance, with price stability drawing investor interest.

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Other articles published on Nov 29, 2024