BlockDAG Presale Hits $62.8M as CEO Antony Turner Drives its Blockchain Innovation Beyond Litecoin’s Dip & Arbitrum Volume

July 30, 2024
·
4 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

The recent Litecoin (LTC) price dip to $68.52 highlights a broader trend of market adjustments, marking a 5.59% decrease within a week. Simultaneously, Arbitrum (ARB) has experienced a surge in volume, particularly in NFT sales, suggesting a rebound may be imminent as it reacts to the anticipated launch of Ethereum ETFs.

As these cryptos deal with the market fluctuations, BlockDAG (BDAG) distinguishes itself with a major team reveal. BlockDAG announced its top team, led by CEO Antony Turner, who is the co-founder of SwissOne Capital. His vast experience in blockchain and tech innovation has led BlockDAG project to incredible heights. This top leadership’s announcement has spurred a remarkable presale rush, crossing $62.8 million with the goal to hit the $600 million mark and standing out as the top crypto picks.

Litecoin Adjusts Amid Price Fluctuations

In the past day, the Litecoin (LTC) price dip of 5.59% has brought its value down to $68.52, continuing a week-long downtrend that saw a 3.0% decrease from $71.00. This recent Litecoin (LTC) price dip mirrors fluctuations in the trading volume, which has surged by 58.0% over the same period, aligning with slight increases in the circulating supply.

image 293

As of now, the circulating supply of Litecoin stands at approximately 74.79 million, which represents about 89.04% of its maximum supply limit of 84 million. Despite the Litecoin’s price dip, its market capitalization maintains a robust ranking, positioned at 23rd globally with a valuation of $5.10 billion. This statistic underscores the ongoing relevance and market stability of Litecoin despite its recent price challenges.

Arbitrum's Market Dynamics Amid Ethereum ETF’s Launch

This past week, the Arbitrum (ARB) price has declined by 9.7%, settling at $0.69, amidst growing anticipation for the new Ethereum ETFs. This decrease contrasts with the notable increase in Arbitrum (ARB) volume linked to heightened activity, especially in NFT sales, which have surged significantly on the network.

i49

Despite the drop in the total value locked within the last month, the surge in Arbitrum (ARB) volume might set the stage for a potential rally. Market watchers speculate that with the launch of Ethereum ETFs, Arbitrum could see its price ascend to as high as $1.50 soon.

BlockDAG Shines with CEO Antony Turner at the Helm

BlockDAG is once again capturing headlines in the crypto community, thanks to the highly anticipated reveal of its CEO and team. This event has set the crypto world abuzz, significantly outperforming other news in the sector.

CEO Antony Turner has an extensive background in leading tech companies across multiple sectors including Fintech, Edtech, travel, and notably the crypto markets. His wealth of experience has led BlockDAG to incredible heights in the blockchain innovation. His previous roles as COO at SPIRIT Blockchain and Co-Founder of SwissOne Capital equipped him with the necessary skills to scale BlockDAG on a global scale. His expertise spans trading, software development, electronics, IoT, and blockchain, making him a formidable leader in the cryptocurrency arena.

i50

Under Turner's leadership, BlockDAG has quickly become a top crypto pick among investors, gaining global dominance and building trust with new market entrants. His ability to attract investors and conceptualize new business opportunities has significantly fueled the project's momentum.

With the team now in the spotlight, BlockDAG's presale has surged past $62.8 million and it continues to climb. This vibrant growth indicates that the targeted $600 million in presale could be reached sooner than expected, marking an exciting chapter for BlockDAG and its stakeholders.

Final Call

In a landscape marked by the Litecoin’s price dip and increasing Arbitrum’s volume, BlockDAG stands out, driven by CEO Antony Turner's technical acumen. With Turner's experience, BlockDAG is not just adapting but innovating within the hybrid blockchain sector, quickly approaching its $600 million presale goal. This strategic leadership is setting BlockDAG apart as the top crypto pick, poised to dominate the evolving crypto market.

i51

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Learn how FMCGs build powerful distribution networks and apply these strategies to grow your startup. Join us this September at Pitch Friday. Register free here.

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
Subscribe To Techpoint Digest
Join thousands of subscribers to receive our fun week-daily 5-minute roundup of happenings in African and global tech, directly in your inbox, hours before everyone else.
This is A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day! 
Digest Subscription

Give it a try, you can unsubscribe anytime. Privacy Policy.

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.

Other Stories

43b, Emina Cres, Allen, Ikeja.
 Techpremier Media Limited. All rights reserved
magnifier