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Cryptocurrency News Articles
BlockDAG Rebrand Incoming with 50% Bonus Code – Get In Before It’s Too Late; Uniswap Faces Setback While AVAX Poised for Growth
Sep 26, 2024 at 01:00 am
Recent developments in the cryptocurrency market reveal a 7% decrease in Uniswap (UNI) following a postponed vote on the “fee switch” initiative.
Cryptocurrency market updates indicate a 7% price decrease for Uniswap (UNI) following a postponed vote on the “fee switch” initiative. At the same time, Avalanche (AVAX) enthusiasts anticipate a potential bullish price reversal.
Meanwhile, BlockDAG is offering a 50% bonus on BDAG coin purchases until October 14th to celebrate its Testnet launch and presale success.
Recent Developments in the Crypto Market
Fresh updates from the cryptocurrency market reveal a 7% price drop for Uniswap (UNI) following a delay in its highly anticipated “fee switch” vote. This initiative would allow UNI token holders to earn a share of the platform's revenue. Despite the price decrease, UNI is currently valued at $10.86.
At the same time, the total market capitalization has seen a slight increase of 0.5%, reaching $2.56 trillion. This price fluctuation comes amid a broader market downturn, with most cryptocurrencies experiencing price decreases.
The delay in the Uniswap vote has sparked concerns among users, though it has also led to a surge in activity on the decentralized exchange. Last week alone, trading volumes on Unisavax (UNI) saw a 19% increase, with $20 billion in trades processed on the platform. This activity suggests heightened interest despite the setback.
AVAX Traders Anticipate Potential Price Reversal
Technical analysis of Avalanche (AVAX) price movements reveals signs of an impending price reversal. The cryptocurrency has been trading within a decreasing wedge pattern over the past month.
This pattern is typically seen as a precursor to potential upward price movement. If AVAX breaks through the upper trendline at $28.11, it could climb towards a target of $33.42.
Technical indicators also appear to be favorable, with the Moving Average Convergence Divergence (MACD) turning bullish and the Relative Strength Index (RSI) rising above neutral levels. These indicators suggest increasing confidence among AVAX holders.
However, there is also a risk of a fallback to the nearest support level at $17.39 if profit-taking actions occur following the price increase.
BlockDAG Offers Limited-Time 50% Bonus
To celebrate its Testnet launch and a remarkable $76 million in presales, BlockDAG is offering a limited-time promotion: a 50% bonus on BDAG coin purchases. This offer is valid until October 14th, coinciding with the launch of BlockDAG's new website and platform.
Buyers can access this promotion by using the code BDAG50 at checkout.
This promotion has significantly boosted BlockDAG's community, which now exceeds 120,000 members. The surge in enthusiasm is also reflected in the coin’s performance, with early holders seeing a staggering 1820% return as the price escalated from $0.001 in the first batch to $0.0192 in the 23rd batch.
With the 50% bonus, both new and existing enthusiasts are eager to make purchases, pushing the demand for BDAG coins to new heights. Some market analysts are even predicting a potential 20,000x return on BDAG, making its current price appear highly attractive.
For those contemplating joining the crypto space, now might be an opportune moment. The coin remains affordable, and its projected growth could yield significant future returns.
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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