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Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

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BlockDAG’s $84M Presale: Secures $3M in 24 Hours While Chainlink and Litecoin Traders Eye Bullish Trends

October 5, 2024 By CryptoReporter

BlockDAG’s presale has set a new benchmark in the crypto world by amassing over $3 million within a single day, marking one of the most successful presales to date. This surge is propelled by the involvement of major crypto enthusiasts, particularly noted for their holdings in Chainlink and Litecoin, who have been significantly active. The presale’s success coincides with a limited-time offer—a 50% bonus on BDAG tokens, available until October 14.

This opportune moment aligns with the upcoming release of BlockDAG’s redesigned website and platform, signaling the project’s readiness to establish a prominent presence in the cryptocurrency market. The crypto community is taking quick action to leverage the benefits of the bonus offer as anticipation builds for the new developments that BlockDAG is set to unveil.

Optimistic Forecasts for Chainlink

The market sentiment for Chainlink (LINK) is particularly buoyant as it shows potential for a notable price increase of up to 20% if it maintains stability above $13.10. Currently trading at approximately $12.65, LINK has exhibited a slight increase of 1.2% over the last 24 hours. Despite the promising setup, indicated by a favorable Long/Short ratio and funding rate, caution is advised. The Relative Strength Index (RSI) indicates a mild downtrend, suggesting that not all market conditions are favorable.

Moreover, there has been a 25% decrease in LINK’s trading volume, suggesting a potential slowdown in market participation at this time. Traders are encouraged to monitor critical thresholds at $12.12 and $13.16, where significant market movements, such as liquidations, may occur and potentially impact the asset’s price trajectory.

BlockDAG’s 50% Bonus Offer Nearing Conclusion!

BlockDAG is currently experiencing a meteoric rise in its presale endeavors, consistently breaking records with the most recent achievement of raising over $3 million in just one day. This remarkable success is supported by strong fundamentals and an enticing 50% bonus offer, which is slated to conclude on October 14. This makes the present moment a pivotal one for participants seeking to enhance their BDAG holdings substantially. With the imminent launch of a redesigned website and platform, BlockDAG is distinguishing itself as a formidable entity in the cryptocurrency sector.

As the presale tally surpasses $84.2 million with the sale of over 13.4 billion coins, there is a notable increase in activity from traders eager to maximize the benefits of the bonus offer. This fervor is reinforcing the optimism surrounding the coin’s potential ascent to $1 by 2025.

For early supporters, the journey has been especially rewarding, with a staggering 1820% return observed since the initial batches. With the coin price at $0.0192 in batch 23, the momentum is palpable within BlockDAG’s community of over 140,000 unique traders. As the deadline for the promotional offer draws near, the anticipation and energy within the community continue to build. Those participating now are poised to substantially benefit from their association with BlockDAG, positioning themselves advantageously for future developments.

Litecoin Sees Resurgence Amid Market Optimism

In related news, Litecoin has captured headlines with a robust recovery, achieving a 15% increase after surpassing crucial resistance levels. This resurgence has sparked considerable enthusiasm among Litecoin holders, fueling speculations of an impending larger rally. Despite this optimism, some remain cautious given Litecoin’s recent struggles to consistently exceed the $100 mark, with its value still significantly below its all-time high of $400.

Historically confined within the $60 to $68 range, this recent upward movement offers a glimmer of hope for Litecoin potentially breaking free from previous limitations. The crypto community remains vigilant, watching to see if this marks the beginning of a substantial recovery for Litecoin.

Is the Crypto Market Poised for a Bull Run?

The crypto landscape is buzzing with significant activities as major developments unfold across various cryptocurrencies. Chainlink is anticipated to potentially increase by 20% in price, while Litecoin enjoys renewed vigor with its recent 15% rise. Meanwhile, BlockDAG is attracting considerable attention with more than $3 million worth of BDAG coins acquired as its 50% bonus offer approaches its expiration.

With the presale now exceeding $84.2 million and 13.4 billion coins sold, the enthusiasm for BlockDAG’s future is stronger than ever. Market analysts suggest that the timing is optimal for participants to engage with BlockDAG, as it gears up for significant milestones expected by 2025. Participants are encouraged to stay informed and consider participating in these timely opportunities before they conclude.

Discover More About BlockDAG:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News Tagged With: BlockDAG

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