BlockDAG and UFC Champ Alex Pereira\'s Collaboration Elevates Presale Beyond $60M, Surmounting Polkadot & Litecoin Forecasts
- WBOYOriginal
- 2024-07-23 14:38:30885browse
In the turbulent seas of the crypto market, Polkadot and Litecoin are battling bearish tides, whereas BlockDAG captures the spotlight. This Layer-1 project has drawn massive investment, outshining other market leaders with its promising future.
BlockDAG Surges Past Polkadot, Litecoin In Presale Hype
BlockDAG, a Layer-1 blockchain, has reportedly surpassed Polkadot and Litecoin in terms of market performance, with its presale now exceeding $60 million.
As Polkadot’s ecosystem encounters obstacles and Litecoin faces bearish pressure, BlockDAG has emerged as a focal point for investors seeking high ROI in the crypto market.
Polkadot Ecosystem Navigates Challenges, Impacting DOT Price
Polkadot's latest monthly update highlighted key activities within its ecosystem. At the end of June, there were 7 million unique accounts on Polkadot, with 1.34 million directly tied to the network.
According to analytics provider DotLake, signed transactions surged by 33%, surpassing 16 million in June, with Frequency, Phala, and Neuroweb handling 5.4 million, 4.2 million, and 2.9 million transactions, respectively.
Furthermore, the staking scene also saw 853 million DOT staked, achieving a 58.28% staking rate. As of July 11, the ecosystem's treasury boasted assets of 157 million DOT, 3.9 million USDC, and 3.8 million USDT.
Despite these developments, DOT's price declined by 1.1% daily and 4.5% weekly, trading at $6.2 with a $240 million turnover.
Litecoin Faces Bearish Pressure As Price Drops Below Key Support
Litecoin recently encountered significant hurdles, breaking below a crucial support level.
On a particularly rough day, LTC shed 11%, ending the day 4% lower at $82.40. This scenario hints at a temporary rebound between $80.36 and $83.08 before potentially dipping further.
If Litecoin cannot climb above $81.76, it might plummet 9% to retest the $75.09 support area. The RSI, at 36.08 on the 4-hour chart, suggests a short-term reprieve might be on the horizon.
On-chain analytics show a dip in holder interest, with Zero Balance Addresses increasing from 195,860 to 675,450. IntoTheBlock data reveals that 432,070 addresses acquired 6.67 million LTC at an average of $82.76, potentially ready to sell at breakeven.
However, a close above $82.40 could propel LTC to $85.88.
BlockDAG Partnership with UFC Star Alex Pereira Boasts Surprising Results
In the midst of market volatility faced by Polceltic and Litecoin, BlockDAG has soared, amassing over $60 million in its latest presale.
Currently priced at $0.015, BDAG has distributed more than 12.2 billion coins in its 20th batch. The partnership with UFC champ Alex Pereira significantly enhances BlockDAG’s market stance.
BlockDAG's dedication to resilience and cutting-edge innovation captivates a broad audience, including sports fans. Analysts are optimistic about BlockDAG, projecting its coin could hit $30 by 2030.
Its sophisticated Layer-1 blockchain leverages Proof of Work for optimal performance and speed, attracting attention from significant tech players and media.
Its Ethereum Virtual Machine compatibility facilitates rapid deployment of Ethereum-based contracts, engaging the Ethereum development community.
BlockDAG also offers top-tier mining solutions like the user-friendly X1 app and powerful machines such as X10, X30, and X100. Market analysts predict a staggering 30,000x ROI for BlockDAG investors.
Strategic marketing efforts and integration into leading DeFi exchanges are bolstering its presale achievements. Upcoming mainnet launches and continuous roadmap updates also showcase its commitment to ongoing innovation.
Join BlockDAG Presale Now:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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