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Cryptocurrency News Articles
BlockDAG Raises $5M in 48 Hours Post-Keynote 3 — This Coin is On Fire!
Apr 02, 2025 at 12:00 am
Momentum is building across the crypto market, with several projects flashing signs of growth and recovery.
Cronos (CRO) price surged 40% this week after the SEC closed its investigation into Crypto.com without any indication of charges being filed. This is a significant development, especially considering the heightened scrutiny on the crypto industry.
Crypto.com also announced a non-binding agreement with Trump Media to explore the possibility of creating crypto-linked ETFs, an initiative that could open up new avenues for revenue and market expansion.
However, despite the impressive rally and optimistic newsflow, concerns about future supply pressure on CRO remain. On-chain activity suggests that Crypto.com might be planning to reintroduce 70 billion CRO tokens that were previously removed from the total supply in an effort to mitigate a large token dump. This move could have a bearing on the future price movements of CRO.
While CRO’s recovery is notable, Zcash (ZEC) is showing resilience after a long period of underperformance. The 12% daily gain pushed ZEC back into the top 100 cryptocurrencies.
After re-pivoting from $25 and managing to hold support at $33, ZEC is showing promising signs of renewed interest from the market. Although some technical indicators remain mixed, bullish moves on RSI and MACD, alongside a breakout from a long-term downtrend, are presenting positive signals.
Moreover, as a pioneer in the field of privacy technology, Zcash remains pertinent in an era where data protection is increasingly valued. With prices still in the vicinity of long-term lows and potential resistance at $45.63, ZEC presents the potential for substantial upside.
However, realizing this opportunity will hinge on whether this momentum translates into broader ecosystem growth and increased user engagement.
BlockDAG is rapidly approaching the next stage of its journey—one where growth meets execution and future potential becomes tangible.
The project’s Beta Testnet is already live and has processed over 1.2 million transactions with the support of 100+ global community nodes. In addition to the testnet, a range of real-world tools are available, including a live block explorer, token and NFT creation platforms, and testable dApps.
This positions BlockDAG significantly ahead of many competitors who are still enroute to launching their products or testing capabilities.
The project is also benefitting from strong community engagement and is nearing the completion of its presale. After a record-breaking Batch 26, which saw $10 million come in just 48 hours, BlockDAG is continuing its momentum with Batch 27.
This time, it’s an even more impressive feat—in just two days following Keynote 3, which had a record-breaking viewership, BlockDAG brought in $5 million.
This brings the total presale amount to over $210 million, and it’s important to note that this isn’t hype-driven. This wave of support came in the wake of progress.
In addition to the testnet and community involvement, BlockDAG has also secured partnerships with globally recognized brands, including UFC and Inter Milan, to expand its reach and awareness.
The project is also planning to list on 10+ exchanges and release DeFi utilities in the coming months.
With its strong fundamentals, experienced team, and rapidly growing community, BlockDAG is poised for continued success in the next stage of its journey.
Those interested in learning more about BlockDAG can visit the following links:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
The post Cronos Surges 40% After SEC Clears Crypto.com—Can the Rally Hold? appeared first on Tokenist.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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