Whales Bet Big on BlockDAG as They Pour $10M in 72 Hours! Ethereum Could See Dip While Tron Sees a 15% Jump

26 mins ago - Around 4 mins mins to read

Whales are making quite a splash swimming into the fourth quarter of 2024. Ethereum’s price has seen a dip and could see a sharp drop if ETH can’t resist. Tron, on the other hand, has seen a jump and could see new highs.

However, the big crypto market news comes from BlockDAG’s presale, in which whales have poured in $10M in just 72 hours, pushing the total number to $90 million. The recent launch of BlockDAG Explorer has allowed developers to validate BlockDAG’s technology, enticing whales to back the project.

Whales Bet Big on BlockDAG as They Pour $10M in 72 Hours! Ethereum Could See Dip While Tron Sees a 15% Jump

Ethereum Price Faces Further Declines

The Ethereum price recently dipped below the $2,350 level, but it’s showing signs of recovery. Currently, Ethereum’s price is trading below $2,400, and it is facing significant resistance at this level. For ETH to regain upward momentum, it must break through the $2,400 and $2,420 resistance zones.

Failure to do so may result in another sharp decline, with support near the $2,300 level. However, a successful break above $2,480 could push Ethereum’s price toward the $2,550 resistance zone. Traders are closely watching these key levels for ETH’s next move.

Tron Open Interest Jumps by 15%

Tron (TRX) is showing resilience, despite a bearish market, with Tron’s open interest increasing by over 15%. This surge in Tron open interest, combined with a 13% jump in trading volume, indicates growing investor confidence.

TRX analysts predict a potential rally to new highs if TRX maintains momentum and closes above the $0.1575 level. Tron’s positive on-chain metrics, including a Long/Short ratio of 1.034, further bolster the case for a strong upward move in the future.

BlockDAG Presale Sees $10M in 72 hours!

In just 72 hours, BlockDAG’s presale saw an impressive $10 million influx from whales, catapulting the presale into unprecedented territory. With the current coin price at $0.0206 and over $90 million raised, the project has sold over 13.8 billion coins since its launch, now moving swiftly into batch 24. Demand for BlockDAG has skyrocketed, with presale batches selling out faster than ever as high-volume traders rush to secure their stakes.

The excitement surrounding BlockDAG is undeniable, with presale slots filling up faster than expected, drawing attention from across the crypto community. The strong whale interest only adds to the project’s credibility, with traders eager to capitalise on its advanced technology and scalability features.

Meanwhile, the recent launch of the BlockDAG Explorer is further boosting the project’s visibility, especially among blockchain developers. This tool allows developers to explore and interact with BlockDAG’s network, showcasing its advanced performance and real-time transaction capabilities.

BlockDAG offering a hands-on experience strengthens confidence in the coin’s future. With such rapid growth, BlockDAG is solidifying its position as a top contender in the crypto market, capturing the attention of both large-scale traders and developers.

Nothing Can Stop BlockDAG’s Rise

The crypto space is seeing upward movements and sharp drops this week. Ethereum faces resistance at $2,400 with potential further declines and Tron shows resilience with a 15% jump in open interest. But BlockDAG is proving to be the dark horse in the crypto market, as its presale takes the spotlight by raising an impressive $10 million in just 72 hours.

Thanks to massive whale interest, BlockDAG is quickly gaining momentum and attracting large-scale traders. The recent launch of the BlockDAG Explorer has further boosted its appeal, especially among developers. With strong whale interest and the latest technology, BlockDAG is positioning itself as a force in the crypto market.

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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