Home web3.0 BlockDAG Promises to Make Waves in the Crypto Market as the Team Reveal Event Approaches

BlockDAG Promises to Make Waves in the Crypto Market as the Team Reveal Event Approaches

Jul 20, 2024 pm 10:04 PM

BlockDAG Promises to Make Waves in the Crypto Market as the Team Reveal Event Approaches

As July progresses, Cardano's market activity remained stable, reflected in its price and reduced whale movements. However, a recent increase in large transactions indicates potential growth.

Cardano (ADA) saw a major shift in the opposite direction, thanks to large investors pivoting towards ADA. According to Santiment, a crypto analytics firm, Cardano investors experienced a staggering 1,220% increase in inflows. This surge in inflows was largely attributed to the activity of major holders, commonly referred to as "whales."

The shift in Cardano investors’ fortunes began early in July when a massive uptick in whale activity was observed. In the span of a single day, the inflows of ADA surged from 14.51 million to a staggering 110.82 million. This marked a dramatic reversal from the declining trend seen earlier in July.

As a result of this renewed interest and activity from major holders, Cardano investors are now eyeing the $1 mark with optimism.

BlockDAG’s team reveal on July 29th promises to make waves in the crypto market as the long-awaited team finally steps into the spotlight. While Cardano investors are optimistic with recent whale activity, and Avalanche shows signs of recovery after a dip, BlockDAG’s upcoming team reveal, coupled with a 1400% price increase and $59.6 million presale, positions it as a strong investment option. BlockDAG’s dedication to transparency and its vision for the future make it the best crypto to buy now.

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