The post Thorchain Investors Pivot to BlockDAG with $10 Projection for 2025, While BNB Struggles to Keep Up appeared on BitcoinEthereumNews.com.

Thorchain investors are seeking new opportunities after a significant 35.5% dip last month, while BNB price recovery remains uncertain due to reduced trading volumes on Binance. On the other hand, BlockDAG (BDAG) emerges as the top crypto presale, showcasing impressive growth and optimism. With its viral promotional efforts, $54.3 million raised in presale, and a $10 price projection for 2025, BlockDAG is attracting substantial attention. Its strategic marketing, integration into DeFi exchanges, and innovative ASIC mining devices make it a standout choice for investors looking for promising returns in the cryptocurrency market. Thorchain Investors Hopeful Amid RUNE’s Price Dip Thorchain’s native token, RUNE, has experienced a 35.5% dip in the past month, currently trading at $4.38, down from its peak of $10.62 in Q1 2024. Despite no negative news, investor sentiment has dwindled. Long-term Thorchain investors still see it as a good hold, citing its surge from around $1 in August 2023. However, analysts predict that without a new narrative, RUNE could fall below $4, reflecting a bearish outlook for the token amidst a subdued cryptocurrency market. BNB Price Recovery Stalls Amid Declining Volumes BNB’s recovery is uncertain due to reduced trading volume on Binance. The BNB price recovery has stalled, falling to around $580, reflecting a 4.6% decline this week, following a strong rally in early June. Profit-booking has caused a notable downturn, indicating waning bullish momentum. Binance’s market share fell by 17.3% in May, with daily trading volume dropping from $61.05 billion in March to $10 billion in June. These declines have led crypto experts to adopt a conservative outlook on BNB, despite some investors still considering it one of the best cryptos to buy in 2024. BlockDAG’s Promising Future: $10 Price Projection BlockDAG is making significant strides in the crypto sphere, capturing attention with its ambitious $10…

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Filed under: News - @ June 29, 2024 4:20 am