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Crypto Reporter

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Why Experts Are Betting Big on BlockDAG’s 50% Bonus, Bittensor’s Bullish Forecast, & Injective’s Climbing Charts!

October 20, 2024 By CryptoReporter

In a world where cryptocurrencies vie for attention, BlockDAG, Bittensor, and Injective each promise unique opportunities. Bittensor, under the expert analysis of Dark Horseman, and Injective, highlighted by AltCryptoGems’ lead analyst Sjuul, demonstrate potential for growth despite market fluctuations.

Among these, BlockDAG (BDAG) stands distinct with its accelerated momentum, nearing a presale milestone thanks to an enticing 50% bonus offer using the code ‘BDAG50’. This strategic move not only caught the eye but also captured the wallets of the crypto community, propelling BlockDAG toward significant presale success and distinguishing it in a crowded marketplace.

Why is Everyone Rushing to Buy BlockDAG Before October 21st?

BlockDAG has sparked a frenzy in the crypto community, catapulting its presale revenue close to the $100 million mark. This surge in interest is powered by a head-turning offer: a 50% bonus for new and existing buyers using the code ‘BDAG50’. This lucrative deal has set the crypto forums abuzz, and it’s not hard to see why. In just a short span, this bonus bonanza has fueled a rapid climb in BDAG’s price, soaring from a modest $0.001 to a robust $0.0206 across 24 presale batches.

Furthermore, as BlockDAG’s presale vaults towards its lofty $100 million goal, the clock is ticking. This 50% bonus is a fleeting opportunity, expiring on October 21st, leaving a narrow window for buyers to leap into action. The allure of potentially skyrocketing returns—forecasted to reach staggering heights of up to $30 by 2030—makes this an irresistible draw for both seasoned traders and newcomers eager to dip their toes in the crypto waters.

Moreover, the rapid accumulation of funds, with $10 million amassed in just 72 hours, is a testament to the groundswell of excitement around BlockDAG. Already, the presale has attracted over 140,000 unique holders, each drawn by the prospect of securing substantial returns. Early adopters have watched their holding balloon by a phenomenal 1960%, a figure that underscores the explosive growth potential inherent in BlockDAG.

Consequently, with each batch nearing its sell-out point and prices poised to escalate further, the urgency to act is palpable. This is a clarion call to action for anyone standing on the sidelines: joining the BlockDAG revolution now could be a golden ticket to unparalleled gains. As the presale winds down, the coming days are crucial, presenting a prime chance to secure a stake in a project on the brink of reshaping the crypto landscape.

TAO’s Bullish Breakout

Crypto analyst Dark Horseman recently shared insights on Bittensor (TAO) via X, suggesting a bullish future for the token despite a recent rally faltering at a crucial resistance point. According to his analysis, TAO temporarily surpassed the $604.42 resistance level, only to fall under strong selling pressure at $681.28.

Despite this setback, a “golden cross” formation—where the 50-day EMA crossed above the 200-day EMA—alongside an oversold Stochastic RSI, indicates a potential bullish reversal. Dark Horseman highlighted new support zones at $372.37 and $442.27, previously resistance levels, reinforcing a positive market sentiment. The analyst also pointed to the Volume Profile Visible Range (VPVR), showing significant trading activity below current prices, suggesting strong market support.

Additionally, he mentioned an upcoming “AI 2.0 wave” that could push TAO into a four-digit price range, contingent on breaking through current resistance levels and market response to new developments.

Could Injective Skyrocket?

Sjuul, the lead analyst from AltCryptoGems, hinted at a potential price breakout for Injective (INJ) to his 431k X followers. He spotlighted INJ’s bullish trend, which was characterized by consistent highs and lows, suggesting a robust upward trajectory. The INJ chart, indicating a series of rising support levels after each price dip, shows a healthy market environment poised for new peaks.

Identically, Sjuul identified crucial support zones between $17-$18 as ideal for purchasing during pullbacks, with a broader support range of $14-$16. Falling below this broader range could negate the bullish trend, signaling risks. Additionally, a descending broadening wedge pattern on the chart hints at a possible bullish continuation if INJ surpasses the upper trendline, marking key resistance points that, if broken, could catalyze significant rallies.

The Last Call

As the dust settles in this latest round of cryptocurrency fervor, BlockDAG, Bittensor, and Injective each chart their own paths forward. While Bittensor and Injective continue to navigate through market resistance and support levels, BlockDAG has carved out a remarkable niche with its presale achievements.

The strategic use of the ‘BDAG50’ bonus code not only fueled rapid financial accumulation but also solidified its standing in the community. This approach highlights BlockDAG’s savvy in engaging investors and sustaining momentum, marking it as a standout project at a time when the crypto market is more contested than ever.

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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