The crypto market is undergoing significant changes, with Shiba Inu’s future looking optimistic due to a potential market recovery
Cryptocurrency markets are experiencing significant shifts, with Shiba Inu (SHIB) poised for a potential upswing and Binance Coin (BNB) facing potential challenges. Meanwhile, BlockDAG is making waves in the presale arena, having now raised an impressive $84.2 million.
SHIB is showing signs of recovery following a massive 300% price surge earlier this year, which was later followed by a price drop of around 70%. However, recent technical indicators are suggesting a breakout from the extended downtrend, hinting at a possible bullish movement.
On the other hand, BNB is facing potential challenges, as recent reviews are highlighting bearish patterns that could lead to a price drop. A triple-top formation in the daily charts, accompanied by an evening star candlestick pattern near the $605 level, is shifting the trend from bullish to bearish.
These technical indicators, along with unfavorable on-chain data, are suggesting a potential downturn for BNB, leading many traders to be on the lookout for potential price decreases.
As September comes to an end, BlockDAG is making a splash in the crypto market with a limited-time offer. They are offering a 50% bonus on BDAG coin purchases using the promo code BDAG50.
This offer comes at an opportune moment, considering the successful launch of the BlockDAG testnet and the upcoming release of the mainnet, which will be bringing about major updates to both the BlockDAG platform and website.
Thanks to these updates, the BlockDAG presale has been gaining incredible momentum. In the last few days alone, the presale has managed to raise $5 million—$2 million on one day followed by an additional $3 million the next. This boost has increased the total presale amount to over $84.2 million.
As BlockDAG edges closer to the $100 million mark and the $600 million Hard Cap, market analysts are keeping a close eye on the project's remarkable growth.
This fundraising spike is largely thanks to BlockDAG’s aggressive strategies. The 50% bonus has dramatically increased BDAG coin sales. Coin buyers are eagerly participating in batch 23, pushing total sales to an astonishing 13.3 billion coins and increasing the presale amount to $84.2 million, setting a record for the largest presale in cryptocurrency history.
Even occasional buyers are being encouraged to participate by experts, as BDAG coin values are projected to reach $20 by 2027. Given the remarkable 1820% ROI since batch 1, getting in BlockDAG now appears to be a smart decision, particularly as it shows immense potential for rapid growth in the near future.
The above is the detailed content of Crypto Whales Rally Behind BlockDAG, Raising $3M in 24 Hours While BNB & Shiba Inu Struggle to Keep Up!. For more information, please follow other related articles on the PHP Chinese website!