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Uniswap and AVAX See Market Shifts, While BlockDAG Takes Center Stage with 50% Bonus Offer

Linda Hamilton
Release: 2024-10-12 07:16:20
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When markets shift, experienced crypto enthusiasts know where to focus. Uniswap has seen mixed activity, with its price staying around $7.21.

Uniswap and AVAX See Market Shifts, While BlockDAG Takes Center Stage with 50% Bonus Offer

Crypto enthusiasts know where to look when markets shift, especially those keeping an eye on coins like Uniswap, Avalanche (AVAX), and BlockDAG, which has offered a 50% bonus on BDAG coin purchases.

While Uniswap (UNI) has seen varying activity, with its price dropping 8% last week and remaining around $7.21 due to bearish market trends, there’s been a surge in the number of coins sent to exchanges. This indicates cautious trading activity as traders move their coins around.

According to the 1-hour chart, UNI could face more downward pressure, with the MACD indicator showing this possibility. Additionally, liquidations between $7.30 and $7.80 increase the chances of further declines. However, many traders remain optimistic, with 67% holding long positions on Binance. If selling continues, UNI might test the support level at $6.43.

Moving on, Avalanche (AVAX) holders had to deal with their coin dropping 6.8%, bringing it down to $26.6. But there’s still hope as long-term holders observe a rise in stablecoin activity on the Avalanche network.

This rise marks the highest stablecoin market cap in over two years, indicating more users are joining the platform. The current support for AVAX is around $23, which should provide some stability if the price drops further.

Despite the recent drop, AVAX has gained 23% in the last month, offering hope for a strong year-end. People are now keeping an eye out to see if AVAX can climb back above $30 as the market calms down.

Finally, BlockDAG’s presale has created a wave of interest among crypto enthusiasts, thanks to its 50% bonus on BDAG coin purchases when using the code BDAG50.

This bonus offers both new and current buyers a chance to significantly boost their BDAG holdings. But time is running out, with only 3 days left to take advantage of this offer before it ends on October 14th.

The anticipation is building even more as BlockDAG plans to launch its new website and platform on the same day.

This bonus is part of BlockDAG’s celebration of its successful Testnet launch and the strong momentum in its presale. The numbers speak for themselves: over 14 billion BDAG coins have been sold, with revenue reaching $93.5 million across 24 batches.

The price of BDAG has jumped from $0.001 to $0.0206 in the current batch, delivering early supporters a remarkable 1,960% increase in value. BlockDAG is steadily moving toward its $600 million presale goal, with each batch selling out and pushing revenue higher.

The strong presale activity and rising interest are positioning BlockDAG as a key player among the new projects in the current crypto market.

With demand fueled by the 50% bonus, the current batch is expected to sell out soon, pushing the BDAG price up even more. Now might be the ideal moment to act before the bonus offer slips away and prices increase further.

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