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BlockDAG Partners with UFC Champion Alex Pereira, Cementing 1400% Presale Momentum; ETH Investors’ Activity and DAI Price Pressure

July 17, 2024 By Crypto Reporter

Ethereum investors are making significant moves, with whales and institutions accumulating millions in tokens, signaling strong confidence in the digital asset’s future. Simultaneously, DAI price stability is being tested due to political uncertainties and increased crypto supply pressures.

BlockDAG enters this dynamic scene with a thrilling announcement: UFC Champion Alex ‘Poatan’ Pereira is now its brand ambassador. This partnership will boost BlockDAG’s presale momentum which has now seen 1400% growth since batch 1. The release of a CGI video showcasing BlockDAG’s dominance further cements it as the best long-term crypto investment.

Ethereum Investors Accumulate

Recent financial activities in the Ethereum ecosystem have attracted significant attention from the crypto market. Whales and institutions are accumulating millions of dollars worth of tokens, indicating renewed confidence in these digital assets.

One major player, identified as riverbank.eth, recently withdrew significant amounts of Ethereum from Binance. This account moved 21,027 AAVE tokens worth $1.98 million, among other substantial withdrawals. Another major player, identified by the address “0x345f,” also made notable withdrawals from Binance, including 508,001 PENDLE tokens valued at $1.89 million.

DAI Faces Market Pressure

The cryptocurrency market is no stranger to volatility, and recent political developments have added to this uncertainty. Dai (DAI), a stablecoin designed to maintain a 1:1 peg with the US dollar, is struggling to maintain its stability amid these turbulent times.

Political uncertainties, including the potential replacement of President Joe Biden and increased crypto supply from Mt. Gox repayments, are causing the market to pressure on Dai. This situation has resulted in DAI dropping to $0.99, highlighting the challenges even stable assets face in volatile environments. Investors are concerned about stricter regulations and an unfavorable environment for cryptocurrencies, further pressuring Dai’s stability.

Meet BlockDAG’s Brand Ambassador UFC Champion Alex Pereira

BlockDAG is employing all aspects to deliver to its community, with a strong focus on global expansion and returns. Recently, the platform announced another exciting milestone: UFC champion Alex Pereira is now the main brand ambassador of BlockDAG. Sharing this news on their website, the BlockDAG team stated:

“We are thrilled to announce an exciting new chapter for BlockDAG Network. In a huge power move, we joined forces with none other than UFC sensation Alex Pereira. This partnership marks a historic milestone in our journey to revolutionize the blockchain landscape while we embrace Alex Pereira’s spirit of athletic excellence, determination, and perseverance.”

Alex Pereira, a Brazilian professional mixed martial artist and former kickboxer, competes in the Light Heavyweight division in the UFC and is the current UFC Light Heavyweight Champion. He is the ninth fighter in UFC history to become champion in two different weight divisions and is regarded as one of the greatest combat athletes of all time.

This announcement came shortly after BlockDAG released a CGI video depicting space rockets landing in the real world with the BlockDAG coin, visually rising and surpassing other coins. This video symbolizes BlockDAG’s growth and speed, reinforcing its position in the crypto market. BlockDAG offers a high transaction throughput of 10,000-15,000 TPS. This scalability positions BlockDAG as a formidable technology for supporting high-volume, time-sensitive applications.

BlockDAG’s presale has progressed rapidly, starting at $0.001 in Batch 1 and now priced at $0.015 in Batch 20. So far, BlockDAG has garnered $58.9 million in presale from a supply of over 12.2 billion BDAG coins, along with $3.8 million from the sale of over 9,240 miners.

Final Verdict

BlockDAG’s collaboration with UFC champion Alex Pereira marks a pivotal moment, capturing the attention of Ethereum investors and highlighting the ongoing challenges of DAI price stability. The presale’s impressive 1400% momentum underscores BlockDAG’s potential as the best long-term crypto investment. With a current price of $0.015 and significant technological advancements, investors are flocking to the platform, recognizing its potential for substantial growth and innovation. BlockDAG is not just a contender in the crypto market; it’s a leader ready to redefine the future of digital transactions.

Join BlockDAG Presale Now:

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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