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Cryptocurrency News Articles
Litecoin Bulls Eye $108, Tron (TRX) Could Drop 13%, But BlockDAG Presale Hits $76M as Testnet Ignites Demand
Sep 25, 2024 at 11:12 pm
The next big crypto bull run is on the horizon, and three coins have proposed significant updates. First, Litecoin is gaining ground
Cryptocurrency markets are buzzing with anticipation for the next bull run, and several promising updates have emerged.
Among them, Litecoin (LTC) is making waves with a potential breakout in sight. Bulls are eyeing a rally toward key price targets, including $72, $82, $90, and even $108.
Currently trading at $62.38, Litecoin's price movements have been volatile, evident in the Bollinger Bands. However, this volatility also indicates the possibility for further growth. Recently, Litecoin achieved a significant milestone by processing over a quadrillion hashes per second, enhancing the security and reliability of its network.
In other news, Tron (TRX) is set for a potential price decline. Despite a strong year with a 78% increase, outperforming over half of the top 100 cryptocurrencies, TRX could be preparing for a correction.
Currently priced at $0.1501, TRX has enjoyed a positive streak with 16 green days in the last month and trading above its 200-day moving average. However, it still remains 50% below its all-time high, and trading volume has decreased by 8.53%. As a result, analysts are now predicting a potential 13.71% price drop, indicating a possible market cooldown.
Finally, BlockDAG's (BDAG) presale has surged to $76 million, especially following the launch of its Testnet. The project has raised vast sums, with 13.1 million BDAG coins in circulation. Batch 22 of the presale sold out almost instantly, and now batch 23 is live with a price increase as interest in the platform continues to grow.
The launch of BlockDAG's Testnet has been pivotal in showcasing the platform's progress and technical strengths. It allows users to experience the blockchain firsthand, including real-time transaction monitoring, smart contract functionality, and seamless MetaMask integration. With these features, BlockDAG has demonstrated the efficient progression of its roadmap, with the Mainnet release as the next highly anticipated step.
What truly sets BlockDAG apart is the team behind it — industry leaders hailing from Harvard, MIT, and other major tech spaces. Their vision drives the platform toward its ambitious goals, including the potential for a massive return.
Early holders have already seen returns of over 1,820%, as the price climbed from $0.001 in batch 1 to $0.0192 in batch 23. Given this rapid growth, even bigger returns could be on the horizon.
The excitement surrounding BlockDAG is likely to propel batch 23 to sell out even faster than the last. Now might be the perfect time for anyone looking to lock in a chance and get involved with the Testnet, especially while prices are still at $0.0192 per coin.
Ready for the Next Crypto Bull Run?
Anticipation builds as Litecoin bulls pursue that elusive $108 target, with analysts keeping a close watch for the next big breakout. Meanwhile, Tron could be setting up for a 13% price decline.
However, everyone's chasing BlockDAG right now. Its Testnet launch has sparked massive demand, pushing presale totals to $76 million and counting. Early holders have already enjoyed over 1,820% returns. With batch 23 priced at $0.0192, this could be the last chance to jump in before prices surge further.
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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