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Cryptocurrency News Articles
BlockDAG Raises $10M in 72 Hours—Presale Now At $90M!
Oct 08, 2024 at 08:00 am
BlockDAG has quickly become a top-performing crypto, pulling in a staggering $10 million in just 72 hours during its presale, thanks to massive whale activity.
The crypto market continues to experience volatility, with some coins facing challenges while others show promising potential. Here's a closer look at the performance of BNB, Solana, and BlockDAG in recent times.
BNB Price Faces Bearish Pressure, Key Levels to Watch
BNB's price has been under increasing bearish pressure, with a decline of 8.72% over the past week, hinting at potential further drops. Key technical indicators, such as the ADX and Ichimoku Cloud, suggest a strong downtrend, indicating a high probability of continued losses.
If the coin fails to hold the critical support level at $527, it could experience a further decline of up to 12%. However, a strong rebound might allow BNB to challenge resistance levels at $562 and $598.
Solana Hit But Experts Predict Potential Rebound By 2024 End
Solana's price has taken a 9% hit, dropping to $134 per token. Despite this recent decline, some analysts predict that the coin could make a strong rebound, potentially reaching $330 by the end of 2024.
This optimism is driven by Solana's strengths, including its low transaction fees and efficient processing capabilities, which continue to draw interest, especially for stablecoin transactions.
With transaction costs nearly 900 times lower than Ethereum's, Solana could benefit greatly from traders looking to save on stablecoin transfers. Recent interest rate cuts by the Federal Reserve have also created a favorable environment for riskier assets like crypto.
As stablecoins become more popular as a safe and stable option during uncertain economic times, analysts believe Solana might see some solid growth through the rest of 2024.
BlockDAG Steals Spotlight With $10M Raised In 72 Hours
BlockDAG has quickly emerged as a top-performing crypto, pulling in a staggering $10 million in just 72 hours during its presale, thanks to massive whale activity.
The buzz comes hot on the heels of BlockDAG's Testnet launch, which has been earning rave reviews for its exceptional scalability and user-friendly design.
Industry insiders have highlighted the Testnet's ability to handle a massive number of transactions with impressive speed, a key factor that's setting BlockDAG apart from its competitors.
This overwhelmingly positive feedback has the presale moving at lightning speed with BlockDAG presale crossing the incredible $90 million mark.
With over 13.8 billion coins sold and new traders rushing in, existing holders are seeing their assets gain value with every batch that closes. Each coin is priced at $0.0206 in the current batch 24.
Top Performing Cryptos: Key Highlights
It's been a week of ups and downs in the crypto world. BNB faces ongoing bearish momentum and critical support tests, whereas Solana might see a significant rebound, driven by its technological advantages and favorable market conditions.
But BlockDAG is the real deal right now, breaking records with its presale and attracting tons of attention. With growing whale activity and innovative tech, it's clear that BlockDAG is positioning itself as a major force in the crypto world.
Earning $10 million in 72 hours has given BlockDAG a massive boost. For those looking to capitalize on a crypto project with high growth potential, BlockDAG is definitely worth considering.
Discover More About BlockDAG:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer:info@kdj.com
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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- Blum Daily Video Codes for Oct. 08
- Oct 08, 2024 at 02:25 pm
- Unlock extra Blum Points (BPs) today by using the Blum daily video codes. Blum, a decentralized cryptocurrency exchange on Telegram, provides users with a way to earn additional BPs daily. Below, you’ll find the video codes for October 8 and the steps to claim them.