Crypto Whales Flock to BlockDAG, Raises $3M in a Single Day as BNB and SHIB Prices Struggle

The cryptocurrency landscape is experiencing significant shifts, with Shiba Inu’s forecast signaling a possible rebound after a turbulent price year. Meanwhile, BNB is struggling as indicators of a bearish trend suggest a potential decline that could impact its market position.

BlockDAG, a leading cryptocurrency project in its presale phase, has captured the attention of major market players with an impressive performance, amassing a total of $84.2 million in presales. This includes a remarkable single-day increase of $2 million followed by an additional $3 million the next day.

BlockDAG is currently providing a time-limited 50% bonus for buyers up until October 14. This offer has not only engaged the crypto community but has also solidified BlockDAG’s presence in the cryptocurrency scene.

Shiba Inu Prediction: Watching Market Trends

Predictions suggest Shiba Inu might see a significant rise after an initial spike of over 300% earlier this year, which raised its price from $0.00000925 to $0.00004. The excitement waned as the value dropped by nearly 70%. Present market trends for Shiba Inu suggest a chance for recovery as it starts to regain momentum.

Recent technical analyses provide a positive outlook for Shiba Inu, with a break from a longstanding downtrend indicating potential upward movement. This progress offers hope for holders as forecasts now suggest sustaining above critical resistance levels.

BNB Could Be Heading for a Downturn

Recent analyses show concerning signs for Binance Coin (BNB), with emerging bearish patterns pointing to a likely decline in price. The cryptocurrency initially surged but now faces a potential downturn, highlighted by a triple-top pattern on the daily chart.

Additionally, the emergence of an evening star candlestick pattern near the $605 resistance level underscores the shift from an uptrend to a downtrend. These technical indicators, along with unfavorable on-chain data, suggest a forthcoming drop in BNB’s price. Market sentiment is increasingly negative, with many traders bracing for a potential decrease.

BlockDAG’s Remarkable Surge: $3M in 24 Hours

As September concludes, BlockDAG has introduced an appealing offer that has grabbed the crypto market’s attention. The project announced a significant 50% bonus on BDAG coin purchases, using the promo code BDAG50. This bonus aligns with the successful activation of BlockDAG’s testnet and the upcoming launch of its mainnet in the near future. Both the website and platform are being updated, indicating major advancements.

The BlockDAG presale has seen impressive momentum, with recent days bringing a $2 million increase followed by an additional $3 million in just 24 hours. This influx has raised the total presale amount to $84.2 million, as analysts closely watch this competitor to Kaspa, nearing the $100 million mark. It’s anticipated that the presale could reach its $600 million Hard Cap soon.

This fundraising success is largely due to BlockDAG’s proactive strategies, including the impactful 50% bonus, which has significantly elevated BDAG coin sales. Enthusiasts have rapidly purchased from batch 23, achieving total sales of 13.3 billion coins and driving the presale total to an impressive $84.2 million—the largest in cryptocurrency presale history. With an 1820% increase in value since batch 1, engaging with BlockDAG now presents a potentially lucrative opportunity, as it shows remarkable potential for substantial growth.

Which Crypto is Ready to Take Off?

As Shiba Inu hints at recovery and BNB shows signs of decline, major players are strategically investing in, leveraging its limited-time 50% bonus. The presale’s rapid increase by $3 million in 24 hours has led analysts to make optimistic projections.

This strategic move not only significantly boosts their portfolios but also places them in a favorable position as the crypto market gears up for future expansions. With BDAG’s sales reaching new highs, BlockDAG is the cryptocurrency poised for a significant breakthrough soon. This makes it an ideal time to explore what BlockDAG has to offer, promising considerable long-term gains.

Discover More About BlockDAG:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu