The post BlockDAG Presale Momentum Hits $84.2M! $3M Infusion in One Day as Crypto Whales Jump In; Insights on AVAX & Chainlink appeared on BitcoinEthereumNews.com.

The cryptocurrency landscape is alive with vibrant activity as three major projects—Avalanche (AVAX), Chainlink (LINK), and BlockDAG—capture the spotlight and stir up the community. Avalanche is strategically navigating a critical resistance point, signaling a potential shift in its price trajectory, while Chainlink has initiated a significant collaboration with Australia’s ANZ bank, pointing towards potential advancements in its operations. In the meantime, BlockDAG has rapidly become the center of attention with its strategic $1 million giveaway, propelling its presale achievements to an impressive $84.2 million. This surge in activity, driven by enthusiastic community participation through referrals and social media engagement, has enabled BlockDAG to amass $3M in a mere 24 hours. This flurry of excitement suggests BlockDAG might soon take center stage in the crypto market, especially with enticing opportunities like a $20,000 reward in the mix for participants. AVAX Price Outlook Tied to Critical Technical Levels Avalanche is currently at a pivotal moment, trading at $28.29 after experiencing a modest decline of 2.51%. It’s poised just below the 200-day EMA at $28.65, a crucial threshold that could dictate its short-term price movement. If AVAX successfully breaks through this resistance, the path could clear for a rise towards $31.3. However, failure to overcome this hurdle might result in a pullback to the support level of around $26.99. Although there is a slight reduction in open interest signaling caution, seasoned traders on Binance are seemingly optimistic about its upward potential. The broader market sentiment and Bitcoin’s fluctuations will also play a significant role in shaping AVAX’s price dynamics. Potential Resurgence for Chainlink through ANZ Collaboration Chainlink is setting a new course through its collaboration with ANZ, part of Singapore’s Project Guardian, which seeks to revolutionize financial markets through the tokenization of real-world assets. This partnership leverages Chainlink’s technology to enable secure transfers…

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Filed under: News - @ October 5, 2024 10:19 pm