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Crypto Reporter

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Filecoin & BTC Price Dips, But BlockDAG Scores Big with Inter Milan Partnership in September As Presale Nears $70M

September 4, 2024 By CryptoReporter

Crypto enthusiasts, we’ve got some exciting updates! Bitcoin, Filecoin, and BlockDAG are all in the news for different reasons.

While Bitcoin is adjusting after a recent rally and Filecoin is seeing some interesting price action, BlockDAG is grabbing attention with its unique strategy of partnering with big names in sports. The recent tie-up with Inter Milan, a top-tier European soccer club, is a bold move that could set BlockDAG apart from the usual crypto crowd.

Let’s dive in and see what’s happening with these three cryptos and why BlockDAG might be the one to watch.

Bitcoin Price Takes a Breather

Bitcoin (BTC) has dipped below the $63,000 mark, as profit-takers moved in after a weekend rally. Over the past 24 hours, BTC dropped by 1.4%, according to CoinGecko, dragging down other major cryptos like Ethereum (ETH), Binance Coin (BNB), and Cardano (ADA), which fell by up to 2%. Meme coin Dogecoin (DOGE) took a bigger hit, falling 4%, while Toncoin (TON) tumbled 4% following news related to Telegram’s CEO. Despite this, market sentiment remains generally positive.

QCP Capital, a trading desk out of Singapore, noted a lot of action around call spread buying, showing traders are still optimistic, but not expecting a huge surge in the short term. They pointed out that BTC and ETH are currently leaning more towards protective puts than calls, a sign that the market is playing it safe while still eyeing some gains.

Filecoin (FIL) News: What’s Happening Now?

Filecoin (FIL) has been on a bit of a rollercoaster lately. After a long period of not moving much, it jumped from $3.50 to $4.17, catching the eyes of traders. But, just as quickly, it slid 4.6% in the last 24 hours, reflecting the unpredictable nature of crypto.

Currently, Filecoin has a market cap of $2.4 billion, placing it 41st among the top cryptocurrencies. However, it’s still far from its 2021 high of $236, and there’s a lot of debate on whether it can make it back there this time around. For those watching Filecoin closely, the question is whether this recent rise is the start of something bigger or just a blip. The jury’s still out, but for now, it’s one to keep on your radar.

BlockDAG Scores Big with Inter Milan Deal!

While Bitcoin and Filecoin deal with market fluctuations, BlockDAG is taking a different approach, teaming up with Inter Milan, one of the biggest names in European soccer. This isn’t just another crypto-sports partnership. This deal is a strategic move to get BlockDAG noticed by millions of fans worldwide. BlockDAG aims to boost its reputation in the European market and beyond by partnering with a club with a massive following.

What does this mean for BlockDAG holders? Potentially a lot! The partnership includes digital campaigns and social media content featuring Inter Milan players. This will create a buzz that sparks conversations about BlockDAG among soccer fans and crypto enthusiasts alike. This visibility could translate into greater adoption and drive up the value of BlockDAG’s holdings.

And let’s not forget the impressive stats from BlockDAG’s ongoing presale. The project has raised a whopping $69.4 million in 22 presale batches, with the price per coin surging to $0.0178, marking a 1680% increase. So far, 12.7 billion coins have been sold, and nearly 11,000 miners have been sold, contributing $4.4 million to the presale. These numbers suggest strong support from the community and show that BlockDAG is on a solid path to growth.

BlockDAG: The Crypto Traders Are Flocking To

Bitcoin is holding steady despite some recent dips, and Filecoin is trying to find its footing. But BlockDAG is taking a bold step by partnering with Inter Milan, which could lead to wider recognition and trust from a broader audience.

With strong presale coin performance and a unique marketing strategy, BlockDAG is positioning itself as a standout player in the crypto world. For those looking for an exciting project with growth potential and a fresh approach, BlockDAG is the best bet right now.

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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