Finance

BlockDAG Rakes in $10M from Whales in 72 Hours as Chainlink Struggles, Litecoin Looks Up

As the final quarter of 2024 unfolds, the crypto world is stirring with activity, and traders are keenly watching to see which assets will dominate the landscape. Among the many cryptos vying for attention, Litecoin has shown significant promise for short-term growth. Recent activity has sparked optimism, indicating a potential rally towards the $92 mark.

At the same time, Chainlink has struggled due to a recent dip in whale activity, causing its price to drop by 5% in the past week. In stark contrast, BlockDAG has experienced an influx of $10 million in just three days, showing a significant shift in whale interest. The BlockDAG presale has reached $92 million, with 14 billion coins already sold. With the project in its 24th batch and prices surging by 1960%, it’s clear that BDAG has captured the spotlight in the crypto world.

Chainlink Price Faces Potential Drop to $7

Chainlink (LINK) has faced notable challenges recently. Its price declined by 5.81% over the past week and is currently trading below key support levels, signaling a bearish trend that is likely to persist. Technical indicators show ongoing pressure, suggesting that LINK might struggle to regain momentum soon.

BlockDAG Rakes in $10M from Whales in 72 Hours as Chainlink Struggles, Litecoin Looks UpBlockDAG Rakes in $10M from Whales in 72 Hours as Chainlink Struggles, Litecoin Looks Up

The decline in whale activity further compounds LINK’s woes, as high-stakes traders seem to be losing interest. While LINK could stabilize around $10, the ongoing bearish trend could push its price lower, possibly down to $8 or even $7 if the market conditions worsen. With these factors at play, LINK’s future looks uncertain unless significant buying interest returns to the market.

Litecoin Forecast: Bullish Signs Ahead for LTC

Litecoin (LTC) continues to generate positive signals, supporting its bullish forecast. After consolidating around $63 since August, LTC broke above a symmetrical triangle pattern, hitting $71 before encountering resistance. It is now testing ascending support levels, with analysts predicting a potential rally towards $92.

This movement might be part of wave 3 of a new uptrend, though recent rejections indicate it could still be undergoing corrective wave 2. If LTC breaks past $71 with momentum, it could trigger a bullish rally. Nevertheless, Litecoin’s overall outlook remains optimistic, with the $92 mark still a likely target in the short term and potentially $100 if bullish momentum continues.

BlockDAG Surges Past $92M in Presale as Whales Jump In

BlockDAG has made significant strides, raising $10 million in just 72 hours during its ongoing presale. This influx of funds has brought the total amount raised to an impressive $92 million, placing BlockDAG firmly among the most successful presale in the crypto space. Now in its 24th batch, the project continues to attract high-level interest, particularly from major holders who are showing confidence in BlockDAG’s strong foundation, innovative technology, and long-term goals.

The current price for BlockDAG is $0.0206, and early supporters have already seen impressive returns, with gains of 1960% on their initial holdings. With 14 billion coins sold and miner sales totaling $5.1 million, it’s clear that BlockDAG’s potential is being widely recognized. So far, 12,877 miners have been sold, indicating widespread interest in the project’s long-term prospects.

The rapid pace of the presale is a strong indicator of the value many expect from BlockDAG in the future. With 21 more batches remaining, the project is set for further growth, and those who buy in now are likely to benefit from future gains. As more attention turns toward BlockDAG, analysts predict that the coin could see a significant price increase, possibly reaching $20 by 2027. For those seeking a project with strong long-term potential and high returns, BlockDAG offers an exciting opportunity.

Which Crypto is Set to Rule 2024?

As 2024 progresses, the crypto market remains unpredictable. Chainlink’s price could fall to $7 if the current trend persists, while Litecoin may see a surge if it can break through the $71 resistance level. In contrast, BlockDAG continues to dominate the headlines.

With one of the largest presale in crypto history, having raised over $92 million, BlockDAG is positioned to take a leading role in the market in the months ahead. Whales have already flocked to the 24th presale batch, and prices are unlikely to stay this low for long as demand continues to rise.

With its strong presale performance, BlockDAG is quickly emerging as a major player in the crypto world. Those who join now stand to reap substantial rewards as the project continues to gain momentum.

Join BlockDAG Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu


Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.

PR Desk

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