Home web3.0 Crypto Investors Flee Binance Coin & Solana for BlockDAG's Stunning 1120% Surge

Crypto Investors Flee Binance Coin & Solana for BlockDAG's Stunning 1120% Surge

Jun 24, 2024 am 09:31 AM

Binance Coin (BNB) has excited investors by defying the bearish market trend and hitting new all-time highs (ATHs). Meanwhile, Solana’s popularity persists

Crypto Investors Flee Binance Coin & Solana for BlockDAG’s Stunning 1120% Surge

Despite the overall bearish trend in the crypto market, Binance Coin (BNB) has managed to hit new all-time highs (ATHs) with its impressive performance. Recently, BNB experienced a new ATH on June 6 as its price hit $720. However, following this rise, BNB faced sell-offs, dropping to its key support level of $600.

This price dip didn’t deter crypto analysts from making predictions about BNB’s future growth. Bluntz, a crypto analyst, shared his predictions in a recent video. According to Bluntz, the next bull market wave could take BNB to higher highs.

Using the Elliott Wave principle, Bluntz believes BNB could reach price levels of $1,200, indicating a nearly 100% increase from its current price. This prediction aligns with the crypto analyst’s previous analysis, which anticipated BNB’s rise to new ATHs.

Solana (SOL) maintained its popularity among investors as they actively traded SOL, generating substantial trading volumes. SOL’s trading volume saw a significant rise recently, indicating strong interest in this cryptocurrency.

Over the past week, Solana’s trading volume remained consistently high, with slight fluctuations. This activity contributed to positive price movement, as SOL’s price increased nearly 3% in the past seven days. However, in the last 24 hours, the trend slightly reversed, with a minor price drop of over 1%. Despite this short-term fluctuation, the sustained high trading volume suggests continued investor interest in Solana.

BlockDAG’s massive presale surge can be largely attributed to Crypto Trainer, a prominent crypto influencer. Impressed by BlockDAG, he released a video that gained much traction among crypto enthusiasts, boosting BlockDAG’s platform. In his video, Trainer highlighted BlockDAG’s ambitious goals discussed in the viral keynote from the moon.

Trainer showcased several BlockDAG angles from the keynote, like the upcoming mainnet launch and ecosystem expansion. He highlighted BlockDAG’s transparency, with over 45 development updates live on its website. Trainer also discussed BlockDAG’s unique technology, combining a proof-of-work consensus mechanism with a Directed Acyclic Graph (DAG) for efficiency and scalability.

This endorsement led to a significant presale surge, as BlockDAG’s batches progressed rapidly from $0.001 in Batch 1 to $0.0122 in Batch 18, indicating a 1120% price surge. The presale saw an inflow of $53 million and a total supply of 11.7+ billion BDAG coins. BlockDAG also managed to collect over $3.4 million from miner sales, selling over 8078+ miners.

BlockDAG offers diverse passive income opportunities for investors. The X1 mobile miner app transforms smartphones into efficient mining tools, while the higher-performance X10 and powerhouse X100 dedicated mining units maximize rewards and efficiency. Additionally, BlockDAG’s referral rewards program allows investors to earn bonuses from the investments made by their referrals. Finally, BlockDAG provides early access to its coins through presale opportunities, offering the potential for high returns.

News source:https://www.kdj.com/cryptocurrencies-news/articles/crypto-investors-flee-binance-coin-solana-blockdag-stunning-surge.html

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