The crypto market is heating up as it heads into the fourth quarter of 2024. Bittensor (TAO) forecast predicts a potential rally as the crypto nears a key $400 resistance.
Bitcoin’s price surge of 2.6% following a U.S. Federal Reserve rate cut has also sparked renewed optimism. Among the new cryptos, BlockDAG’s presale is booming with a limited-time 50% bonus offer for buyers. This bonus, valid till Oct 14th, drives up BDAG coins’ demand and positions it for a potential price spike.
Each project is carving its path, offering exciting opportunities for both seasoned and new traders. But which one is the best long-term crypto to buy? Let’s find out.
Will The Bittensor’s Forecasted Rally Come Soon?
Bittensor (TAO) is approaching a crucial resistance at $400, with analysts like Roman predicting a potential breakout. If TAO surpasses this key level, it could rally to the $2,000–$3,000 range, representing a massive 5x to 7.5x increase. However, TAO has struggled to maintain momentum beyond $400, facing multiple rejections.
While the $250 support level offers some stability, all eyes are on whether TAO can break out of this consolidation period and hit new highs. A bullish reversal pattern and increasing volume suggest that a breakout might be what’s next for the coin, making TAO a token to watch closely.
Is The Bitcoin Price Surge Sustainable?
Bitcoin’s price surged by 2.6%, reaching $62,120 following the U.S. Federal Reserve’s 0.5% interest rate cut, the first reduction since 2020. This rate cut has boosted demand for higher-risk assets like Bitcoin, as lower borrowing costs typically drive investors towards cryptocurrencies.
The Fed’s decision is seen as a move to stimulate the economy, especially with looming concerns about a potential recession. Despite Bitcoin’s recent stability since its all-time high of nearly $74,000 in March, the crypto community remains optimistic. Experts like Anthony Scaramucci believe that this rate cut, combined with regulatory clarity, could push Bitcoin to reach a new high.
Traders Flock to Cash In on BlockDAG’s New Offer
BlockDAG’s 50% bonus offer is rapidly driving interest in its presale, capturing the attention of crypto enthusiasts eager to capitalize on the opportunity. The bonus, available on all BDAG coin purchases until October 14, presents a compelling chance for the community to boost their holdings significantly.
By simply applying the code “BDAG50” at checkout, buyers can gain 50% more BDAG coins. This promotion has created a surge in demand, positioning BlockDAG’s presale as a key focus for those looking to enhance their portfolios.
BlockDAG is currently in its 23rd batch of the presale. The increase in buyers and growing community interest are pushing BDAG closer to its financial targets (a staggering $600 million goal), with over $76.2 million already raised. Early holders have already seen 1820% by the 23rd batch.
The increase in BDAG coins, especially due to the new bonus offer, benefits both new participants and those who entered early. The reason is that the rising interest in BDAG would lead to rapid sell-out of the batches, which means an increase in the coin’s price.
The BDAG coin is currently priced at $0.0192 and will surge to $0.0206 in the next batch. With the presale nearing its later stages and the bonus offer set to expire soon, BlockDAG presents a unique opportunity for traders to get ahead of the curve.
Buy The Best Long Term Crypto
As the crypto market continues to evolve, Bittensor, Bitcoin, and BlockDAG each present exciting opportunities for traders and investors looking for the best long-term crypto. Bittensor’s potential rally, Bitcoin’s price surge amid favorable macroeconomic conditions, and BlockDAG’s 50% bonus offer all highlight the market shifts.
But given BlockDAG’s high returns, offers like the 50% bonus on purchases, and potential for future growth, this new crypto is the best long-term crypto for holders. BlockDAG is a great option for traders looking to capitalize on early-stage growth and a community mindset paired with robust technology. With 13 billion coins already sold, the current batch 23 of the presale is selling out faster than expected.
Learn About BlockDAG – Act Now Before Prices Increase:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
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.
