The cryptocurrency market witnessed a sudden and severe reversal, as a result of a major $170 million liquidation in long positions in one hour. Bitcoin (BTC) and Ethereum (ETH) took a major hit, failing investors who expected the prices to continue climbing.
Meanwhile, DigiHorse has just rounded up its stage 1 presale and has announced a 1,500x surge in price before the next round.
BTC And ETH Lead Market Liquidations
The crypto market experienced over $313 million in liquidations as Bitcoin reversed gains, plummeting to a $59,000 trading threshold. Ninety percent (90%) of the losses ($282 million) came from long traders, far exceeding short liquidations ($31 million).
Also, Ethereum (ETH) accounted for the largest share of the liquidations (over $100 million), with $93.5 million in long positions. Thus, its price dropped below the crucial point- $2,500. BTC came close as second with over $94 million in liquidations.
DigiHorse Forecasts 1500x Gains Before The Next Round
Analysts have made a bold prediction that the token’s value will rise by 1500% before its next funding round. This prediction stems from its unique blend of new gaming elements and blockchain, captivating investors and enthusiasts alike.
The crypto market’s heightened volatility has pushed investors to look into new projects, and DigiHorse has been crowned as the most promising. Over $22,000 have already been made in sales barely 24 hours after stage 2 went live. Also, the value is expected to rise as each round closes. For instance, the token was sold for $0.0033 in the first stage but is now priced at $0.04587.
DigiHorse is a P2E platform that allows players to breed, play, and earn rewards from racing NFT horses. With plans to incorporate multichain technology, there is a guarantee for mitigating risk and preventing systemic failures. Thus, it allows for the seamless transfer of assets across different blockchains.
Learn More About the Thrilling Opportunities of DigiHorse (DIGI) Presale Now!
Website: https://digihorseempires.io
Socials: https://linktr.ee/digihorseempires
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