BlockDAG is experiencing a surge in presale numbers, significantly boosted by endorsements from high-profile crypto experts.
Recent price movements have seen Fetch.ai struggle amid a key merger, while GameStop continues its tumultuous journey with a sharp decline in stock value. However, BlockDAG has seen a significant presale surge, reaching $50M.
Fetch.ai Price Predictions: Anticipating a Reversal After 24% Drop
Over 24 hours, Fetch.ai's price saw a 4% decrease and a 24% decline weekly, currently trading at $1.60 with higher volume. This follows the Fetch.ai, Ocean Protocol, and SingularityNET merger on June 13, and the $FET token renaming to $ASI on June 11.
The price has seen a decline since May, falling below the wedge pattern's lower boundary. Despite bearish trends and intense selling pressure, indicated by an RSI below 30, bulls are targeting a reversal at the $1.56 support level. If successful, Fetch.ai price predictions suggest it could reach $1.9, aligning with the 50-day SMA.
GameStop (GME) Stock Continues to Plummet, Impacting Meme Tokens
GameStop (GME) stock continued its decline, dropping 12% on Monday after a 40% fall on Friday, closing at $24.89, a 62% decrease from its recent peak of $61. This decline also affected meme tokens mimicking GME's movements, with the Solana-based GME token dropping 25% to $0.01624 after a 200% surge the previous week.
The market cap stood at $112.21 million with a 24-hour trading volume of $110.14 million. Other related tokens, like Roaring Kitty (KITTY) and various cat and dog-themed tokens, experienced losses of 4% to 10%. The volatility began in late May with retail trader Keith Gill's significant GME positions and corporate decisions impacting investor confidence.
BlockDAG Presale Surges as Experts Showcase the Platform's Potential
BlockDAG is experiencing a surge in presale numbers, significantly boosted by endorsements from high-profile crypto experts. These experts are highlighting key aspects of the platform, capturing the attention of a wide audience.
In a recent video, crypto expert Dapp Centre praised BlockDAG as an exceptional investment opportunity, dubbing it the “Polygon killer.” The crypto expert highlighted its DAG structure, which allows for concurrent transaction processing and a proof-of-work consensus mechanism that provides security, safety, and decentralisation. The influencer also praised the first keynote video showcased in Tokyo, which provided detailed insights into its project and products.
Moreover, the second BlockDAG keynote, launched from the moon, highlighted the platform's significant milestones, including recognition from Forbes and Bloomberg, support from influential crypto voices, more than 50 development updates, and upcoming releases such as a DOXing video and a development documentary.
The keynote also showcased the power-saving and efficient X1 mining app, revolutionising mobile mining by transforming smartphones into powerful BDAG coin mining devices. With X1, users can mine up to 20 BDAG per day, equating to $1 upon BDAG's official launch price of $0.05, and potentially $20 daily when BDAG hits $1 soon.
Invest in the BlockDAG Presale Now:
News source:https://www.kdj.com/cryptocurrencies-news/articles/blockdag-presale-surges-m-experts-endorse-platform.html
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