BlockDAG Achieves $63.9M in Presale, Led by Ex-SPIRIT Blockchain Leader Antony Turner; Updates on NEAR Liquidation & Bittensor

Recent trends in Near Protocol liquidation highlight a bleak scenario as its value has fallen to $5.94, reflecting a 5% decline over the last week.

Recent trends in Near Protocol liquidation highlight a bleak scenario as its value has fallen to $5.94, reflecting a 5% decline over the last week. This downturn defies traders’ expectations of a market rally. Meanwhile, Bittensor (TAO) stands strong, maintaining stability despite the shifting market influenced by wider crypto trends.

Highlighting Near Protocol’s Recent Liquidations

Currently, Near Protocol is priced at $5.94, having dropped nearly 5% in the past week. This decline has significantly affected futures traders who were betting on a price surge, resulting in considerable liquidation events in Near Protocol. In the unpredictable realm of cryptocurrency derivatives, these liquidations occur when market movements are contrary to what traders predict.

According to Coinglass, the amount of liquidated long positions in Near Protocol reached approximately $2.31 million. Despite these challenges, there is still notable interest in maintaining long positions in Near Protocol’s futures market, with the current funding rate on several exchanges being 0.0047%.

Monitoring Bittensor (TAO)’s Stability After a dramatic drop of over 70% as analyzed on July 4, Bittensor (TAO) found its footing at a support level of $190. From this base, Bittensor’s price began an upward trajectory, reaching $270. This recovery continued until the price hit $360, where it encountered resistance that curbed its ascent.

The rally was influenced by the broader cryptocurrency market’s uptrend and the news of Grayscale’s new fund focusing on decentralized AI technologies, including Bittensor.

BlockDAG Soaring to New Peaks with CEO Antony Turner at the Helm

This key unveiling has stirred significant enthusiasm, disrupting the competitive field and establishing BlockDAG as a powerhouse in the cryptocurrency market.

Among Turner’s prior endeavors include 20 years at the helm of technology firms in the FinTech and EdTech sectors, culminating in his role as COO at SPIRIT Blockchain Capital Inc. in Switzerland. Throughout his career, Turner has gained a deep understanding of blockchain technology, making him ideally suited to lead BlockDAG in this trailblazing enterprise.

This news has been met with warmth from the cryptocurrency community, attracting new investors captivated by the substantial promise this venture holds under Turner’s leadership. His vast experience and visionary outlook are key drivers propelling BlockDAG to unparalleled heights of success. This wave of investor interest also underscores the confidence and optimism in Turner’s ability to lead BlockDAG onward.

With increasing interest, the BlockDAG presale has flourished, reaching $63.9 million with 12.5 billion coins sold. This swift progress indicates a bright future, as industry observers expect BlockDAG to secure a spot among the top 30 on CoinMarketCap. As this journey continues, BlockDAG, under Turner’s seasoned guidance, is poised to emerge as a standout star in the cryptocurrency universe.

BlockDAG’s Distinctive Edge in Blockchain As blockchain technology continues to revolutionize financial landscapes, BlockDAG stands out, particularly in light of Near Protocol’s liquidation and Bittensor’s steady market presence. With its impressive presale of $63.9 million under Antony Turner’s strategic guidance, BlockDAG presents exciting opportunities for investors looking to the future.

Join BlockDAG Presale Now:

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