Investors are eagerly anticipating the upcoming event on July 29th when BlockDAG will reveal its team, including the CEO, executives, and advisory members. This event aims to enhance transparency and trust within the community. The presale of BlockDAG is gaining significant momentum, driven by the excitement surrounding a $2 million giveaway that will conclude in less than 30 days. The presale has already surged to $58.3 million, indicating a growing interest from investors.
Meanwhile, Bitcoin has been facing challenges, but the recent surge in the price of Near Protocol highlights its bullish trend. Experts predict that BlockDAG is emerging as one of the top cryptocurrencies to watch, with expectations that it will reach a $100 million presale due to its unwavering commitment to delivering returns.
Bitcoin, however, has been struggling to break through a critical resistance level despite positive U.S. inflation data. The expectations of a bullish market following the drop in consumer prices, which had boosted Federal Reserve rate cut bets and high-risk assets like Bitcoin, were short-lived. The price of Bitcoin fell below $57,000, continuing its decline that began in early June.
Despite this setback, there is still hope for Bitcoin bulls. The MACD histogram on the daily chart suggests a potential shift in bullish momentum, and the resolution of Saxony’s supply overhang in Germany could indicate potential gains. The anticipated interest rate cuts and FTX repayments could further strengthen Bitcoin, keeping investors cautiously optimistic.
In contrast to the bearish sentiment in the broader crypto market, Near Protocol has managed to defy the trend and record a significant price surge. With a trading volume of $343.367 million and positive price action for the fifth consecutive day, Near Protocol has added 17.42% to its portfolio this week. The altcoin’s resilience is evident in the formation of a descending triangle pattern, which is currently testing its resistance trendline.
The positive sentiment surrounding Near Protocol is further supported by the MACD indicator, which shows increased buying pressure and a positive outlook. If Near Protocol breaks out of its resistance trendline, it could reach new highs, potentially reaching $7.65 by the end of July. Investors are closely monitoring Near Protocol, making it one of the top cryptocurrencies in the current market scenario.
BlockDAG’s highly anticipated event on July 29th has sparked considerable interest among investors and the community. The event will unveil BlockDAG’s CEO, executives, and advisory team, fulfilling a promise made during a recent keynote. This transparency is expected to boost investor confidence and drive further coin purchases. Additionally, an AMA session on July 30th will engage the community and address any queries, marking a significant moment for BlockDAG and its supporters.
In addition to these events, the $2 million giveaway by BlockDAG has generated substantial excitement, with only 28 days remaining until the winners are announced. Over 90,000 participants have already entered, eagerly hoping for a chance to win big. This giveaway, combined with the team reveal and AMA session, has induced FOMO (fear of missing out) as the presale is expected to gain further momentum. The presale has already reached $58.3 million and is rapidly approaching the $100 million target.
The progress of the presale has been remarkable, with Batch 1 starting at $0.001 and now Batch 20 priced at $0.015. BlockDAG has attracted significant attention, raising $60 million from the presale of over 12.1 billion BDAG coins and an additional $3.7 million from the sale of over 9,100 miners. These milestones demonstrate the growth potential of BlockDAG and the increasing interest from investors.
In conclusion, the upcoming team reveal and the nearing $2 million giveaway are expected to propel BlockDAG’s presale towards the $100 million milestone earlier than anticipated. As Bitcoin faces challenges and Near Protocol experiences a price surge, BlockDAG stands out as a prime investment opportunity among cryptocurrencies to watch. With a strong performance in the presale and strategic events on the horizon, BlockDAG is poised for significant growth. Investors are rushing to join the project, driven by FOMO, as the presale reaches $58.3 million and transitions to Batch 20 priced at $0.0015.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
