Market Movers: Whales Ditch Tron and Cosmos to Back BlockDAG’s Presale, Eyeing $100M Goal with Excitement
The post Market Movers: Whales Ditch Tron and Cosmos to Back BlockDAG’s Presale, Eyeing $100M Goal with Excitement appeared on BitcoinEthereumNews.com.
As the year 2024 comes to a close, the crypto community is looking ahead to 2025 with keen interest. Despite optimistic forecasts for Tron and Cosmos following a year of challenges, it is BlockDAG (BDAG) that is currently capturing the spotlight. This emerging Layer 1 blockchain has recently introduced an advanced testnet, which has been met with positive reviews, positioning it as a potential competitor to established names like Solana. The enhanced performance and efficiency of BlockDAG’s network are drawing significant attention, particularly from large-scale holders, propelling its presale towards the ambitious $100 million target. Even as Cosmos (ATOM) displays early signs of price recovery and Tron announces engaging updates, BlockDAG is making a strong case as the top cryptocurrency choice as we edge closer to 2025. Cosmos (ATOM) Sees Unexpected Price Recovery Cosmos (ATOM), established prior to the 2018 halving, reached its peak in 2019 at $44.70, particularly shining during the 2021 crypto rally. Following a downturn during the extended bear market, Cosmos seemed to retreat from the spotlight. However, as 2024 draws to an end, there’s a renewed interest in Cosmos as it shows potential for a price comeback. While the broader market contends with October’s volatile conditions, Cosmos stands out with its recent positive price movements. This resilience in a predominantly bearish market has piqued the interest of the community, leading some to speculate about its potential to revisit former highs. Tron’s Year Filled with Growth and Technical Enhancements Tron (TRX) has experienced significant growth in 2024, marking a 50% increase since the year began. A recent security enhancement of its Java-Tron client has bolstered confidence in the platform’s durability. This year also saw the Tron DAO enhance its security protocols, solidifying Tron’s position as a dependable blockchain ecosystem. A key highlight for Tron this year has been…
Filed under: News - @ October 19, 2024 5:20 pm