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BlockDAG Records Huge $10M Influx in 72 Hours as Solana and XRP Struggle to Keep Up

October 8, 2024 By CryptoReporter

The current trends in the crypto market aren’t looking good for Solana and XRP. Solana is unstable at the critical $137 support level, with strong resistance and market doubts possibly pushing it lower. Meanwhile, the XRP ETF is dealing with a complex array of regulatory challenges. Every SEC appeal and court decision clouds its future.

However, the BlockDAG community is thrilled by their historic achievement—raising $10 million in just 72 hours. This impressive increase has pushed their presale total over $90 million, making BlockDAG the most successful presale in recent memory. Early joiners have seen their assets multiply, with returns soaring as the recent price increase boosts their value.

Solana Struggles: Holding the $137 Support Level

Solana is wavering near the key $137 support level as market conditions change. The cryptocurrency faces intense pressure as sellers try to drive it below this important mark. Traders are closely watching to see if buyers can fight back and drive a recovery or if a downward move will result in more losses.

Recently, Solana struggled after failing to break the $164 resistance level. Now trading below its 100-day Simple Moving Average, the mood is negative. If Solana drops below $137, it might endure continued selling pressure. Solana is unstable as the Relative Strength Index on the 4-hour chart indicates decreasing buyer interest, hinting at possible further declines.

XRP ETF Struggles and Prospects Amid Regulatory Challenges

The road for the XRP ETF has been tough, taking unexpected twists after the SEC contested a favorable court ruling for Ripple. The initial filing of the XRP ETF had raised hopes among XRP supporters, but the subsequent appeal has brought uncertainty. As XRP teeters on the edge of becoming a trailblazing US altcoin ETF, all eyes are on its progress.

The journey of the XRP ETF is heavily affected by regulatory decisions, influencing its chances of success. Even though there was a positive court ruling last year, the recent SEC appeal has raised doubts about the ETF’s future. Those hoping for the XRP ETF are now anxiously waiting as the result of the appeal could greatly impact the fund’s future.

BlockDAG’s $10M Surge in 72 Hours: Everyone is Watching This Presale

BlockDAG is making a splash in the cryptocurrency scene, and rightly so. Picture waking up to the news that a digital coin has rocketed, pulling in a staggering $10 million in just 72 hours. That’s the story of BlockDAG. This achievement has driven their total presale earnings to an impressive $90 million. What’s even more striking? It stands as the largest presale of the decade, establishing a record that no other coin has matched.

What’s driving all the chatter about BlockDAG? Their success isn’t a fluke; it stems from their solid performance during the testnet phase and their dedication to rewarding their community with bonuses. This milestone has drawn a large crowd of crypto traders, all keen to join the fray.

Their expanding network is currently the buzz of the industry, and experts believe this is just the start. With such a robust beginning, BlockDAG is on track to hit its $600 million goal in just a few months!

The upcoming months are pivotal for anyone with BlockDAG or thinking about diving in. With the price of the 24th batch reaching $0.0206, early buyers have witnessed a jaw-dropping 1960% ROI

With 13.8 billion coins already taken, the clock is ticking for those thinking about buying in. For crypto enthusiasts drawn to major coins, this could be an opportunity to be part of something massive. The chance to join this trailblazing presale is fleeting, as it’s expected to close soon due to rapid progress.

Exploring Options for Next Crypto Investment

Currently, putting your money into Solana and XRP might not seem like the wisest move. Solana is under severe market pressure, struggling at critical support levels, while the XRP ETF faces ongoing regulatory challenges that cloud its future. Instead, why not look into the promising opportunity with BlockDAG?

To date, BlockDAG has impressively collected $90 million in its ongoing presale and is quickly nearing a colossal $600 million target. Early backers are enjoying significant gains, showcasing its potential as a profitable venture. BlockDAG’s swift ascent not only highlights its market promise but also makes it an attractive option for fans of major cryptocurrencies.

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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