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BlockDAG Draws $10M in 72 Hours as Crypto Whales Flock to BDAG While PEPE Holders & Cutoshi Meme Coin Stir the Market

October 7, 2024
in Crypto News
Reading Time: 3 mins read
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BlockDAG Draws $10M in 72 Hours as Crypto Whales Flock to BDAG While PEPE Holders & Cutoshi Meme Coin Stir the Market
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As volatility stirs the crypto market, some of the top meme coins, including PEPE, are witnessing shifts among their investor bases. PEPE holders are signaling potential price pressures as long-term investors sell off their assets, raising questions about PEPE’s future value. Meanwhile, the Cutoshi meme coin is attracting attention although its high volatility presents associated risks.

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BlockDAG, however, is experiencing a different trend: large crypto whales have pushed its presale to over $90 million by adding $10 million in just 72 hours. This whale activity highlights BlockDAG’s appeal, pushing it toward a $600 million presale goal as batches continue to sell out at record speed.

PEPE Holders Sell Off: Potential 35% Price Drop Next?

PEPE holders are putting pressure on the meme coin, as long-term investors begin to sell off their assets. Recent data shows a 1% decline in PEPE’s Mean Coin Age, suggesting that older tokens are being exchanged as profit-taking picks up.

Additionally, the Mean Dollar Invested Age has fallen by 4%, highlighting a decrease in confidence among PEPE holders. If this trend continues, experts warn of a potential 35% decline, bringing PEPE’s price down to $0.0000058. However, if PEPE holders hold steady, the meme coin could aim to break through resistance at $0.000012. 

Cutoshi Meme Coin Gains Interest, But Volatility Raises Concerns

As the crypto market faces volatility, the Cutoshi meme coin is gaining attention as a potential alternative for investors. While Bitcoin and Ethereum have experienced significant liquidations, Cutoshi is seeing a surge in interest.

Inspired by the Lucky Cat and Satoshi Nakamoto’s principles, this project aims to combine decentralization and wealth generation with features like a multi-chain DEX exchange and a deflationary token model. Currently priced at $0.015 during its presale, analysts remain cautious, noting that meme coins can experience swift price changes that may impact returns.

Whale Activity Push BlockDAG Presale to Over $90M 

In an incredible show of support, crypto whales have propelled BlockDAG’s presale to new heights by raising $10 million in just 72 hours, pushing the total revenue to over $90 million. This impressive whale activity signals tremendous potential for BlockDAG, positioning it as a major contender in the crypto world. Each presale batch is selling out swiftly, which underscores the confidence that big holders have in BlockDAG’s future growth, solidifying its status as a project worth watching closely.

As BlockDAG continues to draw significant interest, experts are forecasting extraordinary benefits for early supporters, with predictions of a 20,000x return on investment. The presale has already sold over 13.9 billion BDAG coins, with prices climbing from $0.001 to $0.0206—an increase of 1960% in 24 presale batches. As BlockDAG moves toward its ambitious $600 million goal, the crypto is proving itself as a compelling opportunity for those eager to hold a growing coin.

Complementing this growth, the project has launched its BlockDAG Explorer, which is attracting developers eager to explore the network’s potential. With real-time transaction tracking and EVM compatibility, the Explorer enhances BlockDAG’s appeal. As BlockDAG reaches new milestones, now is the perfect time for those interested to join and secure their position in one of crypto’s most promising projects.

Final Thoughts

In summary, while PEPE holders show signs of selling pressure and Cutoshi continues to attract cautious interest despite its volatility, BlockDAG is charging ahead with impressive presale momentum. Its current presale price of $0.0206 marks a steep climb from earlier stages, fueled by a notable influx of whale activity.

With $10 million raised in just 72 hours, BlockDAG’s presale is progressing rapidly, getting significant attention from whales. As it moves toward its $600 million goal, BlockDAG’s appeal appears stronger than ever. Those seeking a solid crypto opportunity must secure BDAG coins before the next batch sells out.

Discover BlockDAG:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice

Credit: Source link

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