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Many cryptocurrencies have faced hurdles in 2024, including Solana, which has seen its price drop by 3.97%. Questions arise about whether this year will be the end for Solana. On the other hand, 2024 is favoring two other coins, Shiba Inu and BlockDAG. Why? Let’s dive in.
The Shiba Inu price soar is catching the market’s eye as whale activity spikes, showing a massive influx of 322.7 billion SHIB in a single day. Switching gears to BlockDAG, it has claimed the title of the biggest presale in history, amassing over $90 million.
This massive hike in presale came as BlockDAG saw an impressive $10 million presale funding in just 72 hours. Buyers are flocking, expecting the coin’s value to boom post-launch. This excitement makes BlockDAG a hot topic for top-trending cryptos.
Shiba Inu Whale Activity Sparks Market Interest
Shiba Inu holders are seeing a remarkable increase in activity from large investors, known as whales. These whales have added a staggering 322.7 billion Shiba Inu tokens to their wallets in just one day. This shift from a withdrawal of 10.96 billion SHIB the previous day marks a significant change. As these major players stock up on tokens, anticipation grows around the Shiba Inu price soaring.
This influx of tokens into whale accounts reached an all-time high, totaling 2.67 trillion SHIB. Despite a recent drop in Shiba Inu’s price, the quick recovery signals a positive shift in market sentiment. The increased activity and positive netflow hint at a bullish outlook, sparking curiosity about the next Shiba Inu price soar.
Solana (SOL) Encounters Challenges in Fourth Quarter
Solana, a well-known cryptocurrency, has recently faced challenges breaking past certain price points. Despite multiple attempts, Solana has struggled to move beyond Solana’s resistance levels at $163. Each attempt has failed, leading to increased price instability. This has affected investor confidence, as they observe Solana’s inability to sustain higher price levels.
Currently, Solana is priced at $148.71, showing a decline of 3.97% within a day. The trading volume has increased by 9.91%, indicating that more people are selling their tokens. However, the reduced demand for Solana might lead to further price drops before it can again challenge Solana’s resistance levels.
BlockDAG Surges: $10M Raised in Just 72 Hours!
BlockDAG has just set a new record with its presale crossing a staggering $90 million. This milestone highlights its popularity and underscores the growing trust in its potential. Over a recent 72-hour span, buyers poured in $10 million, signaling strong market enthusiasm. With this presale surge BDAG coin value is now surged to $0.0206 in batch 24.
The excitement around BlockDAG is fueled by several factors. One of the most pivotal has been the successful launch of its testnet. This crucial step has garnered a positive response and is paving the way for the forthcoming mainnet launch. With these developments, institutional buyers are increasingly drawn to BlockDAG.
Currently, BlockDAG stands out as the top trending crypto in the presale market. Its coins have already been snapped up widely by buyers — a total of 13.8 billion to date. This scale of participation is a testament to the crypto community’s belief in BlockDAG’s value and future. Early adopters are seeing an ROI of 1960% from the initial batches, which continues to climb.
As the presale nears its conclusion, the opportunity to get involved with BlockDAG is still open, but not for long. Potential buyers and crypto enthusiasts are catching on fast. They are eager to be part of what could be one of the most successful launches in cryptocurrency history. With its value expected to soar post-launch, now is an opportune time to explore what BlockDAG offers.
Navigating the Crypto Market as 2024 Winds Down
With only three months for 2024 to end soon, the crypto market is heating up. Solana has faced challenges this year, resulting in a notable price drop of 3.97%. Meanwhile, the recent Shiba Inu price soar continues to captivate the market, driven by significant whale activities.
However, the spotlight is shifting towards BlockDAG, which has set a record with its $90 million presale. Impressively, $10 million of this was raised in just 72 hours. Grabbing the opportunity to join the biggest presale in history could be a smart move seeing this kind of surge.
Discover More About BlockDAG:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Source: https://coinedition.com/blockdag-hits-90m-shiba-inu-price-soars-solana-struggles/