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Crypto Reporter

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

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BlockDAG’s New 100% Bonus Attracts Buyers As Investors Lose Faith In Toncoin Price & Speculate On The XRP Market Cap

October 31, 2024 By CryptoReporter

Investors can be fickle, but crypto buyers take it to another level, often swayed by the latest market news and trending coins.

Toncoin (TON) is feeling the most impact of this as investors are starting to lose interest in the project as it has been on a four-month spiral. This is happening while Ripple (XRP) investors speculate on whether the XRP coin can hit a $10 trillion market cap.

But what’s really revving up traders is the latest brand video of BlockDAG (BDAG). This video depicts BlockDAG as a Formula 1 race car speeding past industry leaders, a not-so-subtle way of saying “We are coming for you”.

The project has taken an exciting step forward with a 100% bonus on all BDAG purchases, available for a limited time. This offer has created a buzz around the project, encouraging investors to make the most of this special promotion before it ends.

Toncoin Price Continues Downward Trend Due To Low Investor Interest

Toncoin price remains under pressure, with the cryptocurrency unable to hold above the critical $5.0 mark as it continues a four-month downtrend. Despite minor rebounds, Toncoin price has shown persistent weakness, indicating a lack of strong support and continued bearish sentiment in the market.

In addition to Toncoin price struggles, the network growth has also reached an eight-month low, showing reduced investor interest and new address creation. Fewer new users entering the ecosystem typically signals waning confidence, leaving Toncoin price vulnerable to further depreciation. Analysts are watching $4.6 as a possible near-term target if current trends persist, highlighting the need for renewed interest to stabilise the price.

XRP Market Cap: Can It Reach $10 Trillion?

Speculation continues around the potential for the XRP market cap to soar, with some suggesting a possible peak of $10 trillion. Currently, XRP trades at approximately $0.514, sparking conversations about whether it could hit $1 by year-end. While a $10 trillion XRP market cap might sound ambitious, it represents the community’s optimism for long-term growth amid anticipated developments and broader crypto adoption.

With Ripple’s technology gaining traction in financial systems, some analysts believe that significant upward movement is within reach. However, reaching such a level would require substantial industry integration, leading many to view this scenario as possible but unlikely in the short term.

BlockDAG’s Racing To The Top!

The layer 1 crypto project BlockDAG’s latest brand video has created excitement, portraying the project as a feisty competitor among blockchain giants. Set against a backdrop of a thrilling race, the video highlights BlockDAG’s drive for speed and innovation, symbolic of its accelerated roadmap and agile architecture.

BlockDAG is currently being sold at $0.022 per coin. It has raised over $107.5 million in its ongoing presale and sold more than 14.6 billion coins since the presale began. BlockDAG has demonstrated impressive momentum, establishing itself as a trending crypto for developers and traders. Early backers have already seen up to 2100% ROI, highlighting the network’s rapid rise.

Continuing its upward momentum, BlockDAG has introduced a 100% bonus on BDAG coin purchases, available with the code BDAG100. This limited-time promotion is well-timed with Bitcoin’s bullish run toward a potential new high, giving BlockDAG an ideal moment to amplify the excitement surrounding its project.

This BDAG100 offer arrives in response to enthusiastic feedback from the BlockDAG community following the popular BDAG50 promotion. With presale contributions now exceeding $100 million, this new bonus is a celebration of BlockDAG’s ongoing success and a testament to its dedicated supporters.

The brand video’s impact extends beyond its visual appeal. It is a strategic rebranding that emphasizes BlockDAG’s technological edge, which is seen in its testnet’s success, and also amplifies its market presence.

BlockDAG aims to keep pace with and potentially outshine traditional blockchain leaders. As the video goes viral, crypto enthusiasts and potential adopters are increasingly inclined to join the BlockDAG Network, inspired by its transparent community-focused roadmap.

Is BlockDAG Just a Trend Or Is It Here To Stay?

While big names in crypto such as Toncoin struggle to stay relevant and investors speculate on the market potential of projects like Ripple (XRP), it’s fair to wonder the same about BlockDAG. Is BlockDAG here to stay or is it simply a fleeting trend?

BlockDAG has followed a very tight roadmap starting from its presale launch to its testnet’s launch. It has held achieved the massive $100 million milestone and offered its community countless rewards, upgrades, releases, and 2100% ROI up to this point.

BlockDAG has certainly made a place for itself among the top crypto elites by creating history with its $107.5 million presale. The latest video, combined with BlockDAG’s track record, makes a bold statement declaring the project’s long-term game plan.

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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