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BlockDAG Sets Presale Record: $10 Million and Still Counting

BlockDAG Sets Presale Record: $10 Million and Still Counting

DailyCoinDailyCoin2024/10/11 07:39
By:DailyCoin

As the market heads toward the next crypto bull run, new projects with high potential are outpacing some established names. One standout is BlockDAG, a Layer 1 network that has quickly caught the market’s attention. BlockDAG recently launched its highly capable testnet, receiving glowing reviews and sparking excitement about its future. Many are now calling it a potential Solana competitor. The presale has been a massive success, with whales pouring in over $10 million in just 72 hours. With more than $92 million already raised, BlockDAG is setting records and showing no signs of slowing down.

Ethereum (ETH) Set for a Potential Breakout

Ethereum is gaining attention from investors. Julien Bittel, Head of Macro Research, believes Ethereum could follow its historical price patterns from 2023, which are now showing signs of accumulation. Currently, the Ethereum (ETH) price sits between $2,600 and $3,600, with the $3,000 mark acting as a key resistance level. If this resistance is broken, it could signal a significant rally.

The formation of a golden cross—a bullish technical indicator—also supports the upward momentum. However, for Ethereum to hit $20,000, sustained buying pressure is necessary, along with a broader market recovery. Macro factors like interest rates and regulations will also play a crucial role in determining Ethereum’s long-term potential. Investors are watching closely as these conditions unfold.

Polygon Token Migration Boosts Investor Interest

Polygon recently completed its highly anticipated token migration from MATIC to POL, attracting a surge of new investors. The transition has been smooth, with major exchanges like Binance integrating the new ticker. As a result, Polygon’s exposure has significantly increased. Currently, the Polygon token sits at a price of $0.3979, following a 5.12% intra-day surge, which shows the growing confidence in its future utility and adoption.

However, technical indicators suggest that Polygon might not see a bullish rally in the immediate future. The MACD line remains below the signal line, indicating that downward pressure could persist for some time. Despite this, the long-term outlook remains positive as more exchanges adopt the new ticker, and the Polygon token migration continues to attract investor attention, positioning the network for future growth.

Whales Jump into BlockDAG Presale

Enter BlockDAG, a project that’s quickly becoming the talk of the market. BlockDAG has recently launched its testnet, and early reviews are glowing. Positioned as a competitor to networks like Kaspa and Solana, BlockDAG has captured attention with its high efficiency and uncompromising security features. This isn’t just another blockchain; it’s a project with serious potential.

BlockDAG’s presale success speaks for itself. Having raised over $92 million, it’s setting BlockDAG apart from even the most successful crypto projects of the past decade. The testnet launch is a critical milestone, showcasing the network’s scalability and power. Buyers are eagerly testing its features, which include a Blockchain Explorer, smart contract capabilities, and real-time transaction monitoring.

A key aspect of BlockDAG’s appeal is its community-driven development. The blockchain’s Explorer allows users to view block details, track transactions, and even mint tokens using the testnet’s faucet. Developers can test smart contracts, mint NFTs, and stake coins, all within a seamless and user-friendly environment. With full support for Ethereum Virtual Machine (EVM) transactions, BlockDAG is proving to be both innovative and accessible.

What sets BlockDAG apart is its rapid presale growth. In just 72 hours, the project attracted more than $10 million from whales alone, signaling strong confidence in its future.  

The Final Take

BlockDAG’s highly capable testnet has impressed with its speed and security, while the presale has attracted over $10 million in just 72 hours, setting records as the fastest-growing presale in history. With more than $92 million raised so far, BlockDAG is ready for a next crypto bull run. As Ethereum (ETH) and Polygon’s token migration continues to draw interest, BlockDAG’s rapid growth signals it could be a top contender in the market cycle.

Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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