BlockDAG’s Push for Top 30 CoinMarketCap Spot Heats Up While Ethereum Rises & Monero Gets Delisted
As Ethereum witnesses significant whale movements with $6.62 million worth of ETH transferred, Monero faces imminent delisting from Binance due to regulatory pressure. These developments highlight the unpredictable nature of the market, where established coins face volatility and challenges.
In contrast, BlockDAG is charting a more stable and promising course, setting its sights on securing a top 30 spot on CoinMarketCap. With a presale success that has raised $67 million and growing traders’ confidence, BlockDAG has topped the CoinSniper listings. As other cryptocurrencies struggle with market fluctuations, BlockDAG’s strategic listings and strong market performance make it a compelling choice for crypto traders.
Ethereum Price Prediction: Whale Activity Fuels Speculation
Ethereum (ETH) continues to dominate discussions within the crypto community, especially with recent whale movements that have stirred speculation about its price trajectory. Last week, a major investor moved 2,450 ETH, valued at approximately $6.62 million, to Binance. This move has led many to speculate on whether Ethereum prices are poised for a drop or if other whales will step in to rally the price.
Since July 2024, the address in question has transferred $27.27 million worth of Ethereum, equivalent to 8,451 ETH, resulting in an estimated profit of $16.26 million. As whale accumulation continues, it suggests a positive outlook for Ethereum.
Monero Delisting: How Binance’s Decision Reflects Regulatory Analysis
Monero (XMR) faces a significant setback as Binance prepares to delist the cryptocurrency. This move is part of Binance’s efforts to comply with global regulatory standards, which have increasingly scrutinised privacy-focused cryptocurrencies due to their potential use in illicit activities.
The delisting process will involve converting Monero and the other tokens to USD Coin (USDC) over several months. Despite this, Monero’s price has remained relatively stable, trading at around $148.92 with a slight decrease of 0.7%. The delisting from Binance marks a vital moment for Monero as it navigates the challenges posed by tightening regulatory environments. For crypto traders, this serves as a reminder of the growing influence of regulatory bodies on the crypto market and the potential risks associated with privacy-centric assets.
BlockDAG’s Strategic Move to Secure a Top 30 Market Cap Spot
BlockDAG aims to break into the top 30 cryptos by market cap. This goal is rapidly becoming more achievable with its recent listings on major platforms. With BlockDAG now leading the charts as the top trending cryptocurrency on CoinSniper, the project has already made a significant mark. This success, marked by over 3,271 total boosts, reflects the overwhelming support from early holders and crypto whales.
This dominant presence on CoinSniper is instrumental in enhancing BlockDAG’s visibility and attracting the attention of leading crypto traders. Their growing investment is proof of BlockDAG’s potential and reflects a strong belief in its value growth.
The success of BlockDAG’s presale further bolsters its market position. It has raised over $67 million by the current batch 22, with over 12.7 billion BDAG coins sold. Early holders have already witnessed a significant return, with BDAG’s price surging by 1,680% from $0.001 to $0.0178. BlockDAG’s strategic visibility on CoinSniper and its successful presale outcomes create a robust foundation for its growth. As it aims for future listings and broader market understanding, these early achievements are pivotal, positioning it as a compelling investment opportunity in the fluctuating crypto market.
Final Say
BlockDAG’s strategic moves and growing visibility set the stage for significant market impact. While Ethereum’s price predictions are closely tied to whale activities, and Monero faces challenges with its delisting, BlockDAG is steadily gaining momentum. With a successful presale raising $67 million and listings on platforms like CoinSniper, BlockDAG is rapidly becoming a top choice for crypto traders. As it aims for a top 30 CoinMarketCap listing, its strong market position and community support suggest it’s poised for long-term growth and success in the cryptocurrency market.
Discover More About BlockDAG:
- Website: https://blockdag.network
- Presale: https://purchase.blockdag.network
- Telegram: https://t.me/blockDAGnetworkOfficial
- Discord: https://discord.gg/Q7BxghMVyu
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
