BDAG $152M Presale Surge, XRP ETP Debuts, ChainLink May Rise
The post BDAG $152M Presale Surge, XRP ETP Debuts, ChainLink May Rise appeared on BitcoinEthereumNews.com.
The crypto market is bustling as digital currencies soar in this bullish phase. XRP has recently climbed over $1, buoyed by WisdomTree’s introduction of a cost-effective XRP ETP. ChainLink has also broken through a critical resistance point, igniting hopes of an 80% increase in its price. Newcomers like BlockDAG (BDAG) are leveraging this upbeat market atmosphere. BlockDAG broke records in its initial presale. It amassed $20 million within just two days and achieved a total presale accumulation of $152 million. Furthermore, the initiative introduced a BLACKFRIDAY150 promotional code, offering buyers an extra 150% BDAG coins on purchases. XRP ETP Introduces Regulated XRP Access in Europe With the introduction of the XRP ETP (XRPW) by WisdomTree, European market participants now have affordable access to XRP. It is backed by real XRP held in secure, regulated storage. The ETP features an appealing fee structure at just 0.50%. Heightened activity on the XRP DEX platform propelled the recent ascent to $1.12. – Advertisement – Yet, fluctuations plague XRP, and despite its recent gains, it continues to face challenges in achieving steady growth compared to other cryptos. Its future uptake could improve with speculative trading and regulatory indecisions. Although the ETP provides diversification, the unpredictable nature of XRP presents risks within diversified asset portfolios. ChainLink Price Surge: Potential to Hit $37? ChainLink (LINK) has recently surpassed a major resistance barrier, touching a 158-day peak at $16. This surge is supported by Brazil adopting ChainLink frameworks in blockchain initiatives, boosting market sentiment. Indicators suggest a bullish trend, with projections placing LINK’s potential peak at $37. Despite this positive trajectory, LINK remains 60% below its annual high, showing the market’s ongoing cautious stance. A decline below the $12 threshold could reverse the current bullish trend. LINK’s growth often depends on favorable news, raising doubts about sustained…
Filed under: News - @ November 30, 2024 6:12 pm