Crypto Whales Goes All in on BlockDAG – Record $3M Raised in a Day While XRP Dips, SUI Soars!

This October is proving pivotal for the cryptocurrency scene. XRP took a hit, dropping 4% post-Ripple’s token release, even as Bitwise sought approval

Cryptocurrency markets are experiencing diverse trends in October. While XRP price took a hit post-Ripple token release, Sui (SUI) is soaring. BlockDAG, a Layer 1 crypto, achieved a record-breaking presale surge.

XRP price dipped following Ripple's 1 billion token release this October. Despite an initial rise to about $0.66, XRP faced challenges in sustaining its gains, slipping from its weekly high of $0.6336 to $0.584.23—a 4% decline.

While Ripple aims to time these releases to minimize market disruptions, they typically trigger short-term negative reactions. This time, with trading volumes up by 63%, over $2.79 billion in XRP was transacted. Despite these challenges, XRP managed a slight 2% recovery.

BlockDAG's presale hit a remarkable $3 million in a single day, thanks to vigorous whale participation following an encouraging testnet performance. The total presale funds have now topped an impressive $84.2 million, reflecting growing investor confidence in BlockDAG's capabilities.

The success of BlockDAG's testnet is pivotal, showcasing its scalability and user-centric design. These factors are attracting both new and established BDAG holders, positioning BlockDAG as a prominent player in the crypto market.

This whale-driven presale momentum is not only enhancing market confidence but also spurring demand for BDAG coins. As the presale expands, expectations for BDAG's value to potentially reach $30 by 2030 are also rising.

The project has drawn over 140,000 unique holders, with each batch of presales showing significant growth—from just $0.001 in the first batch to $0.0192 now in batch 23, marking an 1820% increase in value, which underscores the project's strength.

BlockDAG has accrued $84.2 million across 23 batches, swiftly moving towards its $600 million presale target. With batches selling out quickly and BDAG's price climbing, traders are eagerly capitalizing on this momentum. Now is seen as an ideal time for investors to buy in at a lower price before it potentially escalates.

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