Home web3.0 BlockDAG Emerges as a Leading Contender with $52M in Presale Sales, LINK and ARB See Price Surges

BlockDAG Emerges as a Leading Contender with $52M in Presale Sales, LINK and ARB See Price Surges

Jun 20, 2024 pm 03:00 PM

BlockDAG is quickly establishing itself as a leading contender in the cryptocurrency market, thanks to endorsements from key influencers. This support has sparked a surge in investor interest, particularly evident in the ongoing Batch 18 presale. The coin’s price has jumped to $0.0122, a staggering 1120% increase from its initial Batch 1 price, bringing in a remarkable $52 million. Meanwhile, Chainlink (LINK) has positioned itself as the third most profitable cryptocurrency, with 86.8% of its supply held at a profit. Despite a recent 3% price drop, LINK remains robust, trading at $18.49. Arbitrum (ARB) has also experienced a price surge, driven by significant whale activity, with analysts predicting more gains.

BlockDAG Emerges as a Leading Contender with M in Presale Sales, LINK and ARB See Price Surges

BlockDAG, a rising star in the cryptocurrency world, has quickly attracted the attention of key influencers, whose support has played a pivotal role in boosting investor interest and driving up the coin’s price. This support has been particularly evident in the ongoing Batch 18 presale, where BDAG coin price has surged to $0.0122.

The coin, which was initially priced at $0.001 during Batch 1, has now seen an incredible 1120% increase in value, raising an astonishing $52 million. This surge in investment has not only highlighted the strong demand for BlockDAG but has also set a new record for the highest amount raised during any batch presale.

Meanwhile, Chainlink (LINK) has positioned itself as the third most profitable cryptocurrency, with 86.8% of its supply—out of the 587 million circulating—held at a profit. Despite a recent 3% price drop, LINK remains robust, trading at $18.49.

The recent price decrease can be attributed to a decline in daily active addresses and new demand; however, the high profit ratio of transactions—1.73 transactions in profit for every loss—underscores robust investor confidence. This strong performance and high profitability make LINK an attractive option for those seeking solid returns in the crypto market.

Moreover, Arbitrum (ARB) has also experienced a price surge, driven by significant whale activity. After dipping to a two-week low of $1.10, ARB prices quickly recovered, propelled by a surge in large transactions.

As a leading Ethereum Layer 2 solution established in 2022, Arbitrum saw a 31% surge in May, followed by an 18% correction. However, the recent increase in large transactions—up 68% to 218 on June 5—signals strong bullish sentiment.

According to analysts, whales are likely accumulating ARB in anticipation of pushing the price to $1.50. This increase in whale activity and the positive market sentiment make Arbitrum a compelling investment for those seeking potential high returns in the crypto market.

News source:https://www.kdj.com/cryptocurrencies-news/articles/blockdag-emerges-leading-contender-m-presale-sales-link-arb-price-surges.html

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