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Crypto Reporter

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BlockDAG Skyrockets to $92M After $10M Surge in 72 Hours: Ethereum Users Decline & Bittensor Faces Price Hurdles

October 11, 2024 By CryptoReporter

Crypto watchers pay close attention when well-known currencies face troubles.

This year, Ethereum’s user count has gone down by 18.23%, showing fewer people are using it, which brought its price down to $2,480. Bittensor (TAO), after a quick rise of 111% in September, now sees possible barriers ahead.

On the other hand, BlockDAG quickly raised $10 million in just 72 hours after launching a testnet that works very well and is easy to use. This achievement has excited many in the crypto world, making the presale reach over $92 million.

Because of this rising interest, experts think BlockDAG might lead the next big upward trend in crypto.

Ethereum Active Users Fall 18.23%

Ethereum has seen a drop in the number of daily users this year, from 382,000 to 312,000, raising concerns about its network activity and its effect on prices. Despite more trading following Ethereum ETFs, the overall activity is slow.

Ethereum’s price is now around $2,480, down by 6.18%. Even though it had a slight increase earlier, it didn’t last. A drop in users often means less interest, which could push the price down more. Analysts are watching to see if Ethereum can bounce back or if it will struggle more.

Bittensor (TAO) Price Might Hit a Wall at $660

Bittensor had a great September, jumping from $264 to $587. But early October shows mixed signs. Tools like Bollinger Bands and RSI suggest that TAO might be bought too much. Its current price near $585 could face a tough time passing $660.

If it doesn’t attract more buyers, it might drop to $520 or even $445. Bittensor’s market presence has also fallen, which could slow its rise unless it gains interest again. The RSI is over 70, showing there might be a downturn soon.

BlockDAG’s Quick $10M Gather in Just Three Days – Nearing $600M Soon

BlockDAG’s rapid ascent is making waves in the cryptocurrency domain, successfully gathering a substantial $10 million within a mere 72 hours due to its strong appeal to major crypto buyers. This impressive fundraising spike follows the launch of BlockDAG’s testnet, which has been praised for its scalable technology and ease of use.

This seamless testnet performance marks a turning point, establishing BlockDAG as a frontrunner for the upcoming surge in the cryptocurrency market, and attracting large stakeholders who recognize the significant growth potential.

With this significant presale jump, BlockDAG has amassed over $92 million in a short span, edging ever closer to its ambitious $600 million presale goal. The value of BDAG coins has skyrocketed from $0.001 to $0.0206, providing early buyers with a staggering 1960% increase.

As each batch of presale rapidly sells out, the demand for BDAG coins is surging. Market experts are predicting an extraordinary 30,000x ROI for early buyers, with BDAG coin prices possibly reaching $30 by 2030.

So far, more than 14 billion BDAG coins have been snapped up across 24 presale batches, with the current batch almost sold out, likely leading to another sharp price increase for BDAG coins. Now is the prime time to get involved with this fast-growing project as prices are set to climb and opportunities may become scarcer.

Next Crypto Bull Run Ahead

While Ethereum faces a decline in user addresses and a dip in price, and Bittensor (TAO) meets potential market resistance, BlockDAG is capitalizing on current conditions. By securing $10 million in just three days and pushing its presale total to over $92 million, BlockDAG is quickly becoming a key player to watch in the next cryptocurrency bull run.

With the fast sale of over 14 billion BDAG coins and more batches selling quickly, BlockDAG is laying the groundwork for the anticipated bull market. As interest continues to climb, early backers stand to gain significantly, with experts suggesting a possible 30,000x ROI for those who joined early.

Join 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: 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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