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Cryptocurrency News Articles

Why Is Everyone Rushing to Buy BlockDAG (BDAG) Before October 21st?

Oct 21, 2024 at 12:26 am

BlockDAG has sparked a frenzy in the crypto community, catapulting its presale revenue close to the $100 million mark. This surge in interest is powered by a head-turning offer: a 50% bonus for new and existing buyers using the code ‘BDAG50’.

Why Is Everyone Rushing to Buy BlockDAG (BDAG) Before October 21st?

BlockDAG has sparked a frenzy in the crypto community, catapulting its presale revenue close to the $100 million mark. This surge in interest is powered by a head-turning offer: a 50% bonus for new and existing buyers using the code ‘BDAG50’. This lucrative deal has set the crypto forums abuzz, and it’s not hard to see why. In just a short span, this bonus bonanza has fueled a rapid climb in BDAG’s price, soaring from a modest $0.001 to a robust $0.0206 across 24 presale batches.

Furthermore, as BlockDAG's presale vaults towards its lofty $100 million goal, the clock is ticking. This 50% bonus is a fleeting opportunity, expiring on October 21st, leaving a narrow window for buyers to leap into action. The allure of potentially skyrocketing returns—forecasted to reach staggering heights of up to $30 by 2030—makes this an irresistible draw for both seasoned traders and newcomers eager to dip their toes in the crypto waters.

Moreover, the rapid accumulation of funds, with $10 million amassed in just 72 hours, is a testament to the groundswell of excitement around BlockDAG. Already, the presale has attracted over 140,000 unique holders, each drawn by the prospect of securing substantial returns. Early adopters have watched their holding balloon by a phenomenal 1960%, a figure that underscores the explosive growth potential inherent in BlockDAG.

Consequently, with each batch nearing its sell-out point and prices poised to escalate further, the urgency to act is palpable. This is a clarion call to action for anyone standing on the sidelines: joining the BlockDAG revolution now could be a golden ticket to unparalleled gains. As the presale winds down, the coming days are crucial, presenting a prime chance to secure a stake in a project on the brink of reshaping the crypto landscape.

Crypto analyst Dark Horseman recently shared insights on Bittensor (TAO) via X, suggesting a bullish future for the token despite a recent rally faltering at a crucial resistance point. According to his analysis, TAO temporarily surpassed the $604.42 resistance level, only to fall under strong selling pressure at $681.28.

Despite this setback, a “golden cross” formation—where the 50-day EMA crossed above the 200-day EMA—alongside an oversold Stochastic RSI, indicates a potential bullish reversal. Dark Horseman highlighted new support zones at $372.37 and $442.27, previously resistance levels, reinforcing a positive market sentiment. The analyst also pointed to the Volume Profile Visible Range (VPVR), showing significant trading activity below current prices, suggesting strong market support.

Additionally, he mentioned an upcoming “AI 2.0 wave” that could push TAO into a four-digit price range, contingent on breaking through current resistance levels and market response to new developments.

Sjuul, the lead analyst from AltCryptoGems, hinted at a potential price breakout for Injective (INJ) to his 431k X followers. He spotlighted INJ's bullish trend, which was characterized by consistent highs and lows, suggesting a robust upward trajectory. The INJ chart, indicating a series of rising support levels after each price dip, shows a healthy market environment poised for new peaks.

Identically, Sjuul identified crucial support zones between $17-$18 as ideal for purchasing during pullbacks, with a broader support range of $14-$16. Falling below this broader range could negate the bullish trend, signaling risks. Additionally, a descending broadening wedge pattern on the chart hints at a possible bullish continuation if INJ surpasses the upper trendline, marking key resistance points that, if broken, could catalyze significant rallies.

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Other articles published on Dec 27, 2024