Positioning is everything and dictates who is talking about any given cryptocurrency and, more importantly, who is investing in those projects. Most investors understand that the best crypto to buy right now is the one that has put itself in the most favorable position amongst industry leaders, miners, and bloggers.
The positioning of any cryptocurrency in the market determines who is discussing and, more importantly, investing in it. Most investors are aware that the optimal cryptocurrency to purchase right now is the one that has attained the most favorable position among industry leaders, miners, and bloggers.
BlockDAG’s listing on major exchanges validates the market value of $20 by 2027 as early adopters’ interests peak and increase the coin’s demand. Litecoin news also shows a recent surge among whales, leaving the coin with the question of their intentions.
Meanwhile, the Ethereum price prediction is on a downward spiral with a short span to make a recovery. This indicates these coin’s market position and how quickly that position can change if they make the wrong choices.
Ethereum Has a Narrow Window of OpportunityThe Ethereum (ETH) price is sitting at $2,360 (ETH/USD), putting it up 1.5% (+$35.59) after a 3-month decline of 32.8% (-$1,153.89). It is predicted that ETH will meet resistance at $2,375, If it can hold, we could see it push past $2,400.
However, if it dips below $2,345 it will indicate bearish control at which point investors could act erratically sending the price sliding down. Ethereum has always been a power player but has steadily declined since May. Six months ago ETH would have been one of the best cryptos to buy but right now it sits at a pivot point and no one is certain which direction it will go.
Will Litecoin Whales Accumulate or Sell OffNews around the Litecoin (LTC) whales forces the community to brace itself. Litecoin is trading at $63.18, up 3.9% over the last 7 days. That is a relief for investors coming off a 30-day downward trajectory of 6%. Just a month ago LTC was trading at $67.72.
As the saying goes with huge risks, come huge rewards but there is a huge unknown, what do these whales have planned? With an uptick in transactions over $100,000, it could mean a surge in the LTC price, unless the whales intend to sell off in which case LTC could come crashing down in real time. Keeping a close eye on Litecoin in the coming days will be important.
BlockDAG’s Community Thinking Pushes it to $72.8 MillionBlockDAG is close to crossing over $73.5 million raised midway through its presale. Being listed on major exchanges is a power play that will boost the coin’s credibility, and give confidence to the BlockDAG holders, building demand for the coin and encouraging new traders to get involved.
BDAG has understood how crucial community engagement is and they have considered the community in every move they have made up to this point, being listed on these mainstream exchanges will be no different. This move would allow BlockDAG’s early adopters to reap the benefits that come from being listed on major exchanges, while also increasing BlockDAG’s visibility across major crypto platforms and the whales that frequent those spaces.
BlockDAG is in a unique position to accelerate exponentially with the Testnet launch, its easy and diverse mobile mining options and recent talk notable of partnerships and exchange listings. The coin is now priced at $0.0178, a 1680% increase since its initial launch. Increased visibility combined with the creativity and community focus BlockDAG has been employing gives the coin the capacity to hit $20 by 2027.
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