BlockDAG Soars with $4M Raised in a Day, Dominating 2024 Altcoin Forecasts — What’s Next for Solana & SUI?

October 6, 2024 - Around 4 mins mins to read

Deciding on which cryptocurrency to back in 2024 is currently the top concern for many in the market. Among several candidates, three cryptocurrencies consistently emerge at the forefront: Solana, SUI, and BlockDAG.

Solana’s valuation is precariously hovering around pivotal support levels, with expert opinion divided between substantial gains or potential declines. Meanwhile, SUI’s coin is riding a high, powered by a substantial increase in Total Value Locked (TVL).

Yet, the leading one is undoubtedly BlockDAG. In its presale phase, it has soared by 1960% since its initial batch, recently securing over $4 million on October 5, propelling its presale total past $88 million. This swift ascent has prompted top media outlets like Fox News and Yahoo Finance to label it the leading altcoin to track for 2024.

BlockDAG Soars with $4M Raised in a Day, Dominating 2024 Altcoin Forecasts — What's Next for Solana & SUI?

SUI Coin’s Total Value Locked (TVL) Soars

SUI is attracting significant interest following its Total Value Locked (TVL) exceeding $1 billion on September 29. Since August 5, the price of SUI has seen a marked increase, with its current value at $1.85, largely driven by the growth in its TVL.

Having successfully surpassed the resistance level of $1.32, SUI appears set for continued upward movement, with an immediate target of $2.18 in sight. Analysts are optimistic about its potential, projecting a possible rise to $2.44, although they caution that a minor dip might precede this upward trajectory.

Why BlockDAG Is Poised to Be 2024’s Premier Altcoin?

As we enter October 2024, BlockDAG is distinguishing itself in the altcoin arena. Several elements underscore this impressive performance. On October 5 alone, whales put over $4 million into the BDAG presale, following a sequence of record-breaking days. BlockDAG’s presale has seen 23 of its 45 batches completely sold out, amassing over $88 million from the sale of more than 13.8 billion BDAG coins. The price of a BDAG coin has leaped by 1960% since the first batch.

The community now boasts over 140,000 unique holders. Such achievements are exceptional, especially during presale, catching the attention of major media like Fox News and Yahoo Finance, both endorsing it as a top altcoin to watch this year.

What fuels this success? BlockDAG’s blend of user-centric technology, community-oriented initiatives, a high-caliber team, and a well-planned roadmap. Continual recognition by top-tier outlets like Fox News and Yahoo Finance elevates the project’s credibility and visibility, which in turn bolsters BlockDAG’s presale achievements.

Now in batch 23, BlockDAG coins are priced at just $0.0206. With demand skyrocketing, this batch could sell out quickly. The price is expected to rise sharply afterward. For those considering joining BlockDAG, acting soon could be wise before the next price hike.

Solana Price Watch: Will It Hold Above $127?

Currently, Solana is navigating a challenging market environment, with its current trading price at $128.25. Over the past few weeks, it has encountered significant selling pressure, a trend that became particularly evident in September. The price of $127.39 represents a pivotal support level. Should Solana’s price fall below this threshold, it could potentially decrease to around $110.

Conversely, if it manages to break through the resistance level at $163.23, there’s a possibility that its price could escalate to as high as $186.87. The key question that remains is whether Solana can sustain its position above the $127 mark or if it is likely to face further price reductions.

2024’s Cryptocurrency Choices

While Solana’s hopeful price forecast hinges on overcoming key resistance levels, SUI has already shown robust growth with a 285% price increase. However, BlockDAG truly shines among them, with a staggering 1960% increase in price across its 23 presale batches. With significant media coverage, BlockDAG stands ready to surpass renowned names like Solana and SUI as 2024’s top altcoins.

The surging interest and substantial assets from whales make BDAG coins highly sought-after in the market. Currently valued at $0.0206, these coins are poised for an imminent price rise. For those interested in being part of this ascending project, it’s advisable to act swiftly before the next price surge.

Learn About BlockDAG – Act Now Before Prices Increase:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The text above is an advertorial article that is not part of Coincu.com editorial content.