This is a sponsored article.
A new saga is unfolding in the crypto market—a battle to challenge the giants. And so far, this story has had some pretty interesting twists.
Ethereum’s (ETH) price slid 5% over the past week. Bitcoin (BTC) faced a similar setback, dropping 5% and triggering massive liquidations. But BlockDAG, seen as the rising challenger to these giants, has become the most popular cryptocurrency of 2024.
Why? Because it offers something Ethereum and Bitcoin don’t—a unique blockchain and directed acyclic graph (DAG) hybrid that nails speed, security, and decentralization without cutting corners. Right now, BlockDAG’s whale action is off the charts, raising $3M in just one day, bringing its presale total to over $83 million.
Let’s break down the latest moves in ETH and BTC, and explore why BlockDAG might soon rise to the same level.
Ethereum’s Price May Drop to $2,100 Soon
Ethereum is feeling the heat, with the coin dropping 5% in the last week and bearish sentiment spreading across the market. Over 70% of traders are pessimistic about ETH’s short-term future, though about 30% still believe a recovery is possible.
Current resistance sits at $2,800, with support at $2,400. If sellers keep pushing, Ethereum could tumble further, possibly slipping to $2,100. While some buyers are stepping in, the pressure is on, and if the market can’t stabilize soon, ETH could even drop to $1,800.
Bitcoin Liquidations Hit $526 Million After 5% Price Drop
Bitcoin faced a sharp correction, with its price tumbling by over 5% in just 24 hours, triggering massive liquidations totaling $526 million. Of this, long positions accounted for a significant $453 million, while short positions made up $73 million.
As of now, Bitcoin is trading at $61,720, down 3.5%, while Ethereum also felt the pressure, falling by more than 6% to $2,480. Despite these losses, some analysts are optimistic, predicting that Bitcoin could bounce back later this year, especially as geopolitical tensions ease and market conditions improve.
BlockDAG’s Whale Activity Peaks: Presale Crosses $83M
BlockDAG recently saw a massive surge in whale activity, raising $3 million in presale revenue in just one day. This brings BlockDAG’s total presale earnings to over $83 million, with more than 13.4 billion BDAG coins sold globally.
Whale action on this scale sends a clear signal: BlockDAG’s price could soar in the coming weeks, months, and years. In the crypto space, when whales pour large sums into a presale project, it shows strong trust and interest—two major factors for long-term growth.
Currently, BDAG is priced at an accessible $0.0192 per coin, but experts predict it could hit $20 by 2027 and $30 by 2030. For those bold enough to get in early, the potential ROI could translate into millions. However, with Batch 23 seeing its highest demand yet, time is running out to grab BDAG at this price before the next surge.
This whale frenzy only highlights BlockDAG’s solid fundamentals and growing reputation. As the broader market rebounds, BlockDAG has become one of the biggest winners, attracting large-scale holders. Beyond the presale hype, BlockDAG’s technological advancements—such as its recent testnet launch—are building even more confidence in its future.
All in all, whales aren’t just buying BDAG coins in bulk for fun—they’re betting on turning their holdings into millions. For buyers considering jumping in, now’s the time—before Batch 23 sells out!
Moral of the Story?
As Ethereum’s price edges closer to another dip and Bitcoin liquidations soar to $526 million, the market’s instability is crystal clear.
But BlockDAG rises above this market chaos. Massive whale activity has brought BlockDAG’s presale $3 million in a day. Now, with total earnings exceeding $83 million, this surge could lead to significant growth for BlockDAG soon.
Currently, priced at $0.0192 per coin in the presale batch, analysts believe one BDAG coin could be worth $20 in 2027. Do the math, and anyone who jumps in before Batch 23 sells out could be looking at some life-changing returns!
Early Bitcoin and Ethereum investors may be rolling in their fortunes, but for the rest, BlockDAG is offering a once-in-a-lifetime shot at something just as extraordinary!
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This sponsored content is not a part of NFTgators’ editorial views and is not an investment advice. Do your due diligence before making any decision.