Thorchain Investors Eye BlockDAG as Top Investment with $10 Forecast for 2025, as BNB Struggles to Rally

After experiencing a significant 35.5% decrease last month, Thorchain investors are turning their attention to new opportunities, while the recovery of BNB's price remains uncertain due to dwindling trading volumes on Binance. Meanwhile, BlockDAG (BDAG) is rising as the leading crypto presale, demonstrating remarkable growth and optimism.

Thorchain (RUNE) investors are eyeing new opportunities as the token’s price continues to struggle to recover following a 35.5% decline over the past month. Meanwhile, BNB’s price recovery is also facing challenges due to decreasing trading volumes on Binance. However, one crypto presale that has managed to capture the attention of investors and traders in 2024 is BlockDAG (BDAG).

Despite the absence of any adverse news regarding Thorchain, investor sentiment has cooled off significantly. However, long-term Thorchain investors are still holding on, considering that the token’s price rose from around $1 in August 2023, sparking optimism among early investors.

Nevertheless, market analysts are warning that without any major new developments on the horizon, RUNE could be set to slip below the $4 price level, threatening the token’s future in a quiet cryptocurrency market.

BNB’s price recovery is also hitting a roadblock as a result of lower trading activity on Binance. This week, BNB’s price dropped to about $580, indicating a loss of 4.6% despite a strong rally earlier in June. This recent decline is largely attributed to profit-taking, indicating a loss of bullish momentum.

Trading volumes on Binance have declined significantly, prompting crypto analysts to be cautious about BNB’s prospects, despite the token remaining a favorite among investors in 2024. However, Binance Coin is still up over 300% year-to-date.

BlockDAG, on the other hand, is advancing rapidly in the cryptocurrency space, aiming to reach $10 by 2025, indicating a potential increase of 80,000% from its current price of $0.014.

This enthusiasm is largely driven by BlockDAG’s aggressive promotional activities, including a viral video at Tokyo’s Shibuya Crossing and participation in events at the Las Vegas Sphere and London’s Piccadilly Circus. These initiatives have helped propel its crypto presale, raising $55.2 million by batch 19.

Moreover, BlockDAG’s expansion into DeFi exchanges like Bitget and CoinEx, as well as the launch of user-friendly ASIC mining devices for both mobile and home users, demonstrate the project’s dedication to innovation and accessibility. This all-encompassing strategy has attracted investors and generated buzz around its $100 million liquidity initiative.

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