After a bout of volatility, the crypto market is posting again, with Kaspa (KAS) posting a price surge and Mantle (MNT) holders seeing bullish numbers. Amidst these developments, BlockDAG, a Layer 1 project, has become the preferred destination for inflows due to its long-term potential. With its recent unveiling of a stellar team and advisory board, including experts from fintech, crypto, and Ivy League institutions like Harvard, BlockDAG has inspired confidence and accelerated its presale. The presale has surged to over $62.5 million, reflecting significant investor interest in what many consider the best long-term crypto investment opportunity.
Kaspa’s (KAS) Price Surge and Market Performance
Kaspa (KAS), a cryptocurrency using a proof-of-work protocol, has shown impressive market performance recently. Currently trading at $0.177, Kaspa has a daily trading volume of $35.21 million. The token has risen by 2.03% in the past 24 hours, despite a slight weekly dip of 0.8%. Over the last 30 days, Kaspa has surged by 19.9%, reflecting its resilience in a volatile market.
Kaspa reached an all-time high of $0.191 in June 2024 and has shown potential to revisit this peak. Starting the year at $0.10, Kaspa’s price surge to its current level marks a 75% increase. Its movements are closely tied to Bitcoin’s performance, with crucial support levels at $0.166 and $0.157.
Mantle (MNT) Holders and Market Dynamics
Mantle (MNT), the token driving Ethereum’s Layer 2 stack, has seen increased activity on exchanges recently. Trading at $0.89, Mantle has experienced an 18% price increase over the past week. Mantle (MNT) holders are taking advantage of this rally, leading to a 3% rise in token supply on exchanges. Currently, 321 million MNT tokens worth around $286 million are held in exchange wallets.
Despite the price surge, the increased supply on exchanges reflects a bearish sentiment, with holders looking to take profits. If this trend continues, Mantle’s price might drop to $0.80 or lower. However, if accumulation picks up, Mantle could extend its rally to $0.93. The seven-day moving average indicates that for every loss, 1.59 transactions have been profitable, showcasing potential for future gains.
BlockDAG: The Best Long Term Crypto Investment
BlockDAG has recently unveiled its CEO, team, and advisory board, significantly boosting investor confidence and presale performance. This move, combined with an AMA with the team on July 30th, has accelerated BlockDAG’s presale, raising more than $62.5 million. The team comprises experts from fintech, crypto, and world-leading institutions like MIT, bringing a wealth of experience to the project.
The presale, now in its 21st batch, has seen a remarkable 1540% price surge from its initial price of $0.001 to $0.0164. Founder and CEO Antony Turner, a co-founder of SwissOne Capital, leads the project. His extensive experience in finance and blockchain positions BlockDAG as a formidable player in the crypto space. Antony Turner’s strong background in financial modelling, business management, and blockchain technology drives BlockDAG’s innovative edge.
BlockDAG’s team also includes Youssef Khaoulaj, both of whom bring extensive expertise in their respective fields. Raffelini’s experience in corporate finance and crypto markets, along with Khaoulaj’s skills in security and smart contracts, strengthens BlockDAG’s foundation. The advisory board, featuring technologist Steven Clarke-Martin and academic Maurice Herlihy, with a research background at MIT adds further credibility and strategic insight to BlockDAG’s endeavors.
BlockDAG’s strategic focus and transparent operations underscore its potential as the best long-term crypto investment. With a robust team and strong financial backing, BlockDAG is poised to challenge existing market leaders and achieve significant growth. Investors are increasingly viewing BlockDAG as a sustainable and promising investment, driven by its innovative approach and commitment to excellence.
Key Insights
Kaspa and Mantle have shown strong performance metrics and adaptability in the crypto market, each leveraging unique strategies to navigate market volatility. However, BlockDAG’s presale performance stands out with a $62.5 million raise, reflecting significant investor confidence. The presale has seen a 1540% price surge from its initial batch price of $0.001 to $0.0164 in batch 21. The unveiling of BlockDAG’s CEO, team, and advisory board, alongside an AMA on July 30th, has further boosted its appeal. For investors looking for the best long-term crypto, BlockDAG offers a promising opportunity compared to the Kaspa (KAS) price surge and the strategies of Mantle (MNT) holders.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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