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Crypto Reporter

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

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BlockDAG Eyes $600M Presale Milestone, Outshining Aptos’ Slowdown and FTX’s 16% Drop in a Volatile Market

October 14, 2024 By CryptoReporter

As the crypto world fluctuates, traders often shift their tactics, searching for either stability or a potential profit spike.

Recently, FTX Token (FTT) faced a significant 16% decrease as many chose to secure profits after the approval of FTX’s repayment plan, showing a wary mood. Meanwhile, Aptos (APT) has increased by 14% in a week, though it’s now losing momentum, with signs pointing towards a possible leveling off.

On the other hand, BlockDAG is nearing a major milestone of $100 million in presales, quickly becoming the standout altcoin for 2024. Attracting major interest from big crypto buyers, its presale performance is setting new records with each batch released.

Market experts suggest that this rising interest and demand for BDAG coins might lead early supporters to see returns as high as 20,000x.

FTX Token Sees 16% Drop: Will It Bounce Back to $2.74?

FTX Token (FTT) recently went through a sharp decline, dropping 16% last week. This fall came after a 92% increase fueled by optimism surrounding FTX’s asset compensation plan. While buyers were initially enthusiastic, their mood quickly changed, leading to widespread sales.

Following the Delaware Bankruptcy Court’s approval of FTX’s plan, many buyers cashed out, driving the price down even further. The Relative Strength Index (RSI) indicates a move towards a downward trend, with the token potentially testing a lower support at $2.20. However, if sentiment becomes positive again, FTT could rise to $2.74, hinting at a possible recovery.

Aptos Outlook: Signs of a Slowdown Bring Uncertainty

Aptos (APT) has risen 14% recently but is now showing signs of slowing. The Directional Movement Index (DMI) reveals a weak trend, with no clear direction from the bulls or bears. Aptos is currently priced at $8.57, just below its recent peak of $9.00. Although the Ichimoku Cloud shows a somewhat positive trend, the thin cloud indicates limited support.

With the market on the lookout for a clear signal, Aptos might either break above its $9.30 resistance or drop below the $8.00 support level. The direction remains uncertain, with potential moves up or down depending on forthcoming market trends.

BlockDAG’s Presale Approaches $100M — Potential for Massive Growth

BlockDAG is on track to hit an impressive milestone as its presale approaches the $100 million mark, positioning it as the top-performing altcoin of 2024. The strong support from major crypto enthusiasts has significantly propelled BlockDAG’s presale achievements.

The project’s recent Testnet launch, praised for its scalability and user-friendliness, has captured the interest of those looking for stable opportunities in the crypto market. As enthusiasts gather around BlockDAG, its presale funds have soared to nearly $95 million in just a few months, marking it as one of the most significant presales in crypto history.

Early participants have already seen a 1960% increase in their funds, with the BDAG price rising from an initial $0.001 to $0.0206 in the latest batch. With over 14 billion BDAG coins sold across 24 presale batches, the demand for BDAG is climbing steadily, signaling increasing trust and optimism in BlockDAG’s future.

Experts believe that with the continued presale momentum and growing demand, BDAG coins could hit $20 by 2027, potentially offering early backers a chance for a 20,000x ROI. With over 140,000 unique holders now, the project is rapidly expanding its global presence.

With each presale batch quickly selling out, the current one is nearly gone and set to move into batch 25, which is expected to significantly push BDAG prices up. Thus, getting involved in this expanding project now could be a wise move at today’s prices before they soar out of reach.

Top Altcoin of 2024

While the FTX Token recently saw a 16% decline, reflecting the crypto market’s unpredictability, and Aptos experiences uncertain momentum despite a 14% weekly rise, BlockDAG shines with its swift presale advances toward the $100 million milestone.

Its growth, fueled by the interest of major crypto backers, positions it as a strong candidate for 2024’s best altcoin. As BlockDAG nears another major milestone, it offers a promising opportunity for those seeking significant returns. With new batches selling quickly, now is an ideal time to consider this opportunity before it passes by.

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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