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Cryptocurrency News Articles
BlockDAG Experiences Huge Rush as LAUNCH300 Goes Live! Plus, Learn About Raydium’s Future & ADA’s Recovery
Jan 12, 2025 at 06:00 am
In a domain marked by swift changes and intense rivalry, entities like BlockDAG, Raydium, and Cardano are capturing attention for various reasons.
BlockDAG’s presale has hit remarkable benchmarks, gathering over $179 million and delivering a 2380% return for early participants. Through the LAUNCH300 campaign, participants can triple their BDAG holdings, significantly increasing their involvement in the project’s forthcoming endeavors.
Additionally, this initiative aims to enhance community connection and reward early supporters, fitting perfectly with BlockDAG’s strategic goals.
Joining LAUNCH300 enables participants to gain a more influential role in BlockDAG’s ecosystem, potentially reaping significant rewards from the project’s future progress.
As BlockDAG continues to advance, the LAUNCH300 offer is a key strategy to foster growth and deepen community ties, setting participants up to benefit from upcoming developments.
Thus, this promotion highlights BlockDAG’s focus on building a strong, engaged community essential for its continued prosperity. This initiative is not just about offering perks but is a thoughtful strategy to boost growth and community interaction within BlockDAG.
Raydium, a decentralized exchange on the Solana network, has rolled out its new perpetual futures trading in public beta, in collaboration with Orderly Network, a cloud-based crypto liquidity provider. This feature allows users to trade futures with up to 40x leverage and execute transactions without any gas fees, backed by robust omni-chain liquidity. During this beta period, participants are invited to share feedback on the user interface and experience, with the chance to earn rewards in Raydium’s native currency, RAY.
Moreover, by teaming up with Orderly Network, Raydium aims to provide users with seamless trade execution and substantial liquidity, marking a notable broadening of its offerings to include more sophisticated trading tools for Solana’s DeFi community.
Recently, Cardano has seen a sharp downturn, dropping to $0.90—a low not seen since the start of the year—representing a 33% fall from its high in 2024. This decline triggered extensive sales from large holders, with over 70 million ADA tokens, worth around $63 million, sold off by major stakeholders.
However, despite the current downward trend, several signs hint at a possible uplift for ADA soon. Influences such as positive movements in Bitcoin, like increased ETF acquisitions, falling balances on exchanges, and the emergence of a bullish pennant pattern, may positively impact the wider crypto market, including Cardano. Continued technological developments and new strategic alliances could also boost its profile and lead to a price surge of up to 60%.
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- Bitcoin (BTC) Price Correction Triggered by Major ETF Outflows and News of Potential U.S. Government Bitcoin Sale
- Jan 12, 2025 at 09:25 am
- Bitcoin (BTC) experienced a sharp decline in price this week, dropping below the $95,000 mark after briefly surpassing $100,000. The price correction comes amid a combination of market events, including substantial outflows from Bitcoin exchange-traded funds (ETFs) and news that the U.S. government may soon sell seized Bitcoin from the infamous Silk Road marketplace.
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- Jan 12, 2025 at 08:45 am
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- Jan 12, 2025 at 08:45 am
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- Jan 12, 2025 at 08:45 am
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