Whales Mop Up BlockDAG: $10M Inflows 3 Days While Chainlink Price Drops And Litecoin Forecast Signals Rally

October 8, 2024
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3 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

As Q4 of 2024 kicks off, traders wonder which cryptos will dominate the market in the months ahead. Litecoin has shown some promise for short-term growth, with recent activity suggesting a potential rally towards $92.

A decrease in whale activity has caused Chainlink's price to fall by 5% in the last week. Meanwhile, BlockDAG has seen a $10 million flow in presale in just 72 hours, suggesting that whales have shifted their focus to BDAG. The presale reached $92 million, selling out 23 batches. The project is now in its 24th batch and continues to grow rapidly in the crypto world.

  Chainlink Price Faces Potential Drop to $7

Chainlink’s (LINK) price has declined, dropping 5.81% over the past week. It is trading below key support levels, signalling a strong bearish trend. Technical indicators show ongoing pressure.

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Additionally, the whale activity has decreased, suggesting a lack of interest from high-stakes players. LINK could stabilise around $10.00 in the near term, but if the trend continues, it might fall to $8.00, or even down to $7.00 under more severe market conditions.

  Litecoin Forecast: Bullish Signs Ahead for LTC

Litecoin's recent activity suggests potential for short-term growth, supporting a positive Litecoin forecast. After consolidating around $63 since August, it broke above a symmetrical triangle, reaching $71 before facing resistance. Now LTC is testing ascending support, with the Litecoin forecast suggesting $92 as an interim target, and a possible $100 if the rally strengthens.

image 111

This move may represent wave 3 of a new uptrend, although recent rejection suggests it could still be in corrective wave 2. A breakout above $71 would signal bullish momentum, while failure to do so might lead to a downturn below early August levels.

READ MORE   New Trending Crypto Coins | 10 New Listings and Trending Coins With Massive Potential

  BlockDAG’s Presale Raises Over $92M As Whales Move In

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BlockDAG recently set another major record, raising $10 million in its presale in 72 hours, bringing the total to $92 million. Now, with the 24th batch underway, there’s even more activity from major holders, showing their confidence in BlockDAG’s strong foundation, ambitious goals, and advanced technology. This high level of interest reflects the project’s potential for lasting value and long-term growth.

image 113

The presale’s rapid pace also signals a sharp rise in the coin’s value, promising huge returns for prospective holders. For those who got in early, the benefits have already started pouring in, with early holders seeing gains of 1960% on their initial holdings. As BlockDAG attracts more attention many experts predict the coin could reach $20 by 2027.

For enthusiasts seeking a project with robust long-term potential and major returns, BlockDAG is an unbeatable option. Big investors have already shown they trust BlockDAG to keep its promises because of their large contribution. The coin is now priced at $0.0206 and is expected to increase in value as traders hurry to buy from the remaining 21 batches.

  The Crypto To Dominate In 2024?

Chainlink is at a crucial point, aiming for $10. If it keeps dropping, it could fall to $7. Meanwhile, Litecoin could grow soon if it breaks the $71 resistance level.

image 112

Meanwhile, for BlockDAG the sky is the limit. It has one of the largest presales in crypto history at over $92 million and strong future projections, positioning it to dominate the market in the coming months. Whales have already jumped on the 24th presale batch, and current prices won’t last long as demand continues to grow.

READ MORE   10 Best Cryptocurrencies to Buy for November 2024

Join BlockDAG Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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.
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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.
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