BlockDAG’s Keynote Ignites $52.7M Presale Amid Ethereum Dip and Binance ATH, Projecting $10 by 2025
The post BlockDAG’s Keynote Ignites $52.7M Presale Amid Ethereum Dip and Binance ATH, Projecting $10 by 2025 appeared on BitcoinEthereumNews.com.
BlockDAG’s presale success, raising over $52.7 million, indicates strong investor confidence. Meanwhile, Ethereum’s price dip continues as it struggles to recover above $3,550 resistance, and Binance Coin (BNB) hit a new all-time high before plummeting by 15%. BlockDAG’s innovative technology and impressive presale milestones position it as the best crypto coin to buy now. With its potential to reach $10 by 2025, investors flock to BlockDAG, attracted by its robust DAG implementation and weekly development updates. Ethereum Price Decline: Market Indicators Point to More Dips Ethereum struggles to clear the $3,650 resistance, leading to another decline and raising concerns about further dips below the $3,420 support. Ethereum failed to recover above $3,550 and trades below key resistance zones. The crucial bearish trend line forming near $3,550 on the hourly chart suggests more downsides if Ethereum doesn’t break past this resistance. With Ethereum consolidating losses around $3,428, market sentiment remains bearish. Analysts indicate if the price fails to clear $3,550 resistance, it might move towards $3,350 and $3,250 support levels, making it less attractive for immediate investment than emerging contenders like BlockDAG. Binance Coin (BNB) Hits New All-Time High Before Plummeting On June 6, Binance Coin (BNB) hit a new all-time high (ATH) of over $720, driven by the rising Total Value Locked (TVL) in the BNB Chain. However, the altcoin experienced a sharp 15% decline, with its price stabilising around $620. Despite this setback, analysts believe BNB could rise to $750 by the end of the month, depending on the broader market’s bullish tendencies. While BNB shows potential for recovery, its recent price volatility and dependency on market conditions make it a less stable option compared to BlockDAG. As investors look for the best crypto coin to buy, BlockDAG’s consistent growth and innovative technology present a more compelling case for…
Filed under: News - @ June 23, 2024 3:14 pm