As the fourth quarter of 2024 begins, whales are causing ripples across the crypto seas. Ethereum has experienced a dip, teetering on the brink of further declines, while Tron has impressively leapt by 15%, hinting at potentially reaching new peaks.
Amidst these market fluctuations, the headline-grabber is undoubtedly BlockDAG’s explosive presale, which has seen a whopping $10 million infusion from whales within a mere 72 hours, catapulting the total to an astonishing $92 million. The recent unveiling of the BlockDAG Explorer has given developers a firsthand look at the groundbreaking technology underpinning BlockDAG, fueling whale enthusiasm and bolstering support for this cutting-edge project.
Ethereum’s Price Braces for Potential Challenges
Ethereum’s price has slipped below the $2,350 mark but is now tentatively clawing back. Currently hovering below $2,400, ETH is up against formidable resistance. To shift back into an upward trajectory, Ethereum needs to smash through the $2,400 and $2,420 barriers.
Should it fail to breach these levels, Ethereum might face a sharp retreat, with critical support looming at $2,300. Conversely, piercing above $2,480 could propel it toward the crucial $2,550 resistance zone, a development eagerly anticipated by traders monitoring these pivotal thresholds.
Tron’s Open Interest Soars by 15%
In defiance of a bearish overarching market trend, Tron (TRX) is demonstrating remarkable resilience. With a surge in open interest of over 15% and a corresponding 13% boost in trading volume, Tron is cementing its position in the market with growing confidence among participants.
Predictions from TRX analysts suggest a potential rally toward unprecedented heights if Tron can maintain its momentum and close above the $0.1575 mark. Strengthened by favorable on-chain metrics, including a Long/Short ratio of 1.034, Tron is poised for a significant upward journey, much to the excitement of those keeping a close watch.
BlockDAG Presale Rockets to $10M in Just 72 Hours!
In a breathtaking 72-hour whirlwind, BlockDAG’s presale has surged to an exhilarating $10 million, propelling it into the stratosphere of crypto presales. With the coin price peaking at $0.0206 and a whopping $92 million already in the coffers, the project has successfully offloaded over 13.9 billion coins and is now barreling through batch 24. The frenzy for BlockDAG coins is palpable, with each presale batch vanishing faster than the last, as high-volume traders scramble to snap up their shares.
The buzz around BlockDAG is electric, with slots filling up quicker than anticipated and pulling in a diverse crowd from the crypto universe. The robust interest from whales not only amplifies the project’s allure but also bolsters its reputation, enticing traders to capitalize on its cutting-edge technology and impressive scalability.
Adding to the fervor, the recent rollout of the BlockDAG Explorer has spiked the project’s profile, especially among the developer community. This innovative tool enables developers to dive deep into the BlockDAG network, exploring its superior performance and seamless transaction capabilities in real-time. By offering a tangible, hands-on experience, BlockDAG is winning over skeptics and reinforcing faith in its market potential.
BlockDAG is Cementing Its Dominance
As the crypto landscape oscillates between peaks and troughs this week—Ethereum grappling with stubborn resistance at $2,400 and Tron riding a 15% upswing in open interest—BlockDAG emerges as the dark horse capturing the market’s imagination. With an astonishing $10 million raised in a mere 72 hours, BlockDAG is not just participating in the race; it’s leading it.
Fueled by colossal whale support and the allure of its newly launched BlockDAG Explorer, this crypto dynamo is rapidly building momentum and drawing in large-scale traders and savvy developers alike. Armed with state-of-the-art technology and a rapidly growing community, BlockDAG is not just a participant in the crypto market—it’s a burgeoning powerhouse setting the pace for others to follow.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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The post Whales Make Waves with $10M Poured into Altcoin in Just 72 Hours! Ethereum Faces Downward Pressure While Tron Skyrockets appeared first on Crypto News Land.
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