The crypto market is currently navigating rough waters, with Maker (MKR) witnessing a drop below key support levels and Shiba Inu (SHIB) undergoing a stark 20% fall in just 24 hours. Amid these shifts, BlockDAG emerges as a potentially strong player. With over $67.7 million garnered in its ongoing presale, this crypto aims to crack the top 30 on CoinMarketCap. Guided by the innovative CEO Antony Turner, BlockDAG’s holders from initial batch have already seen a staggering 1680% return.
Maker Struggles Below Key Price Points
Maker faces heightened volatility and downward pressure, forcing its price below vital support levels. Despite the LitePSM upgrade that was meant to stabilize, Maker has dipped by 4.1% this past week. This decrease stems from high sell-off rates and growing market doubts. As transaction volumes dip, industry experts are keeping a close eye on the $2,500 mark. If this support crumbles, it might prompt an even sharper decline in Maker’s price.
Shiba Inu’s Dire Price Predictions
Shiba Inu, the famed dog-themed cryptocurrency, continues its price decline, marked by a negative trend on its technical charts. The token is in the midst of its worst losing streak, enduring an eight-day downturn, its most severe to date. This situation has led to a ‘death cross’ event, indicating potential further losses. Currently trading at $0.00001136—a drop of 19.69% within a day—SHIB might see additional falls unless it manages to stabilize between $0.000008 and $0.000013.
BlockDAG’s Ascent in the Crypto Arena
BlockDAG is swiftly gaining momentum with a clear target: breaking into the top 30 cryptocurrencies on CoinMarketCap. This ascent is driven by its pioneering use of block and Directed Acyclic Graph (DAG) technologies, enhancing speed, security, and decentralization.
Since the launch of its presale, BlockDAG’s coin price has soared from $0.001 to $0.0178, marking a 1680% increase across 22 presale rounds. This success has not only brought in over $67.7 million but also set BlockDAG on a potential path to $1 per coin, as forecasted by experts.
Antony Turner, BlockDAG’s CEO, brings over two decades of digital innovation expertise, including his role in founding SwissOne, Switzerland’s first true equally-weighted index fund. In a recent interview that gained widespread attention, Turner discussed how BlockDAG was inspired by both the achievements and shortcomings of Bitcoin and Ethereum.
His approach involves enhancing existing technologies to push the boundaries of what’s possible in blockchain speed, security, and decentralization. Over the next five years, his plan is to launch a blockchain that resolves current limitations, thus advancing the technology for widespread benefit.
As BlockDAG sets its sights on the top 30 ranking, the demand for BDAG coins has surged, highlighted by significant buyings from crypto whales in its latest presale batch. This growing enthusiasm is likely to propel further price increases in the upcoming rounds, bolstering confidence.
Choosing the Right Crypto in Challenging Times
In times when Maker is battling to hold its ground and Shiba Inu is facing severe setbacks, BlockDAG presents an appealing choice for those in search of a crypto with both growth potential and stability. With nearly $67.7 million raised and the strategic foresight of Antony Turner, BlockDAG is well on its path to securing a spot among the top 30 on CoinMarketCap, making it a noteworthy consideration for crypto buyers.
Join BlockDAG Presale Now:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
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