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Crypto Reporter

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

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BlockDAG’s $122M Presale Boom Takes Center Stage Alongside Aptos & Bittensor Rallies!

November 16, 2024 By CryptoReporter

Aptos (APT) has bounced back with a solid 21% rally after reaching its Fibonacci retracement level, showing renewed bullish energy fueled by a rise in active addresses. Meanwhile, Bittensor (TAO), driven by post-election optimism, jumped 20% in a single day, though it now faces immediate resistance within the Ichimoku Cloud.

However, the true standout is BlockDAG (BDAG), which has already raised over $122 million in its presale, delivering a remarkable 2240% return to early supporters. Unlike the short-term momentum of Aptos and Bittensor, BlockDAG’s unique hybrid DAG-PoW technology places it as a lasting force in the Layer-1 blockchain space. With a presale goal of $600 million, BDAG is laying the kind of stable groundwork that few can overlook.

Aptos’ 21% Rally Hints at Growth

Aptos (APT) has recently experienced a significant 21% increase, recovering from a 30% decrease since its October peak. This upswing began when it hit a crucial range between $7.68 and $8.43 on the Fibonacci scale, tracing from its September lows to October highs. After a brief dip to $7.74, APT rebounded, elevating its value to $9.38, with a potential further increase of 19% looming before it retests its October high.

The rise in network activity further bolsters Aptos’ price gain. Recent on-chain data indicates substantial growth in active addresses, peaking at 1.27 million in June. Although fluctuating, the number of active addresses has been on an upward trajectory, recording 808,313 in October.

Bittensor (TAO) Jumps 20% – Can It Hold?

Bittensor (TAO), on the other hand, enjoyed a 20% boost within just a day, driven by optimism following recent elections and a possible trend shift. Yet, it approaches a significant barrier shown by the Ichimoku Cloud indicator. For sustained growth, TAO must surpass this resistance level, where the cloud’s red segment suggests potential upcoming sales pressures.

Moreover, Bittensor’s Relative Strength Index (RSI) has escalated quickly from 30 to 74.51 in a day, entering the overbought territory which typically signals impending price adjustments. However, if TAO’s short-term EMAs surpass its long-term counterparts, this could signal a bullish shift, potentially targeting higher resistance levels.

BlockDAG Presale Soars Past $122 Million; Start Buying Now

BlockDAG has made waves by raising over $122 million in its presale, hitting a remarkable milestone that highlights the project’s growing influence. With 15.3 billion coins already sold at a rate of $0.0234 each, early backers have seen a staggering 2240% increase in value.

This rapid growth signals a strong foundation and future potential, drawing attention across the crypto community as BlockDAG nears its ambitious $600 million goal. A new promotional video further captures the innovation driving BlockDAG’s network. Featuring its state-of-the-art technology and agility, the video reinforces BDAG’s reputation as an emerging competitor among top cryptocurrencies.

The project is increasingly recognized as a promising altcoin, with market experts forecasting a likely expansion in adoption that could bring notable returns to those who join early.

With each passing day, the presale’s end draws closer, fueling anticipation and a heightened fear of missing out. For buyers aiming to position themselves for future gains, securing BDAG coins before the presale window closes might be a strategic move. The momentum surrounding BlockDAG suggests a strong potential for growth, making this an exciting time to consider joining its journey.

Looking for the Premier Crypto of November?

While Aptos and Bittensor offer unique catalysts for growth, BlockDAG’s swift presale achievements and technological edge position it as the top pick. The project’s combination of speed, security, and community involvement supports sustained expansion beyond the initial excitement, potentially providing one of the highest returns in the sector.

With its value on the rise and the presale nearing its end, BDAG presents an exceptional chance for early buyers. Those aiming to secure future gains might find that BlockDAG’s presale is the most strategic entry point into a game-changing cryptocurrency project, as this opportunity to join is quickly fading.

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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