Crypto Whales Goes All in on BlockDAG – Record $3M Raised in a Day While XRP Dips, SUI Soars!
This October is proving pivotal for the cryptocurrency scene. XRP took a hit, dropping 4% post-Ripple’s token release, even as Bitwise sought approval for an XRP-based ETF.
Concurrently, Sui (SUI) is capitalizing on positive market trends, approaching its record high of $2.18, thanks to a 65% spike in Total Value Locked (TVL).
While XRP and SUI are creating buzz, BlockDAG is setting benchmarks in the Layer 1 crypto sphere with a notable presale achievement. It amassed $3 million in just a day, driven by significant investments from crypto whales following a successful testnet rollout.
This presale surge has pushed the total to $84.2 million, edging BlockDAG closer to its ambitious $600 million goal.
XRP Price: Responding to Ripple’s Token Release
In recent events, XRP saw a downturn after Ripple initiated a 1 billion token release this October. Despite an initial rise to about $0.66, XRP found it challenging to hold its gains, sliding from its weekly high of $0.6336 to $0.584.23—a 4% decline.
Though Ripple aims to time these releases to minimize market disruptions, they typically trigger short-term negative reactions. This time, with trading volumes up by 63%, over $2.79 billion in XRP was transacted. Despite these challenges, XRP managed a slight 2% recovery.
BlockDAG Scores $3M in a Day: Aiming for $600M Presale Milestone!
BlockDAG’s presale hit a remarkable $3 million in a single day, thanks to vigorous whale participation following an encouraging testnet performance. The total presale funds have now topped an impressive $84.2 million, reflecting growing investor confidence in BlockDAG’s capabilities.
The success of BlockDAG’s testnet is pivotal, showcasing its scalability and user-centric design. These factors are attracting both new and established BDAG holders, positioning BlockDAG as a prominent player in the crypto market.
This whale-driven presale momentum is not only enhancing market confidence but also spurring demand for BDAG coins. As the presale expands, expectations for BDAG’s value to potentially reach $30 by 2030 are also rising.
The project has drawn over 140,000 unique holders, with each batch of presales showing significant growth—from just $0.001 in the first batch to $0.0192 now in batch 23, marking an 1820% increase in value, which underscores the project’s strength.
BlockDAG has accrued $84.2 million across 23 batches, swiftly moving towards its $600 million presale target. With batches selling out quickly and BDAG’s price climbing, traders are eagerly capitalizing on this momentum. Now is seen as an ideal time for investors to buy in at a lower price before it potentially escalates.
SUI Price on the Verge of a New High
Sui (SUI) is gaining momentum as it nears its all-time high of $2.18, bolstered by a substantial 65% increase in Total Value Locked (TVL) over the past month, surpassing $1 billion. This influx of capital is fueling bullish sentiments, propelling SUI’s price.
The launch of the Sui Bridge has also energized its ecosystem, with open interest reaching $750 million and liquidity on the rise. However, if SUI cannot maintain this upward trajectory, it might see a pullback, prompting caution among some investors despite its recent progress.
Final Thoughts: A Leading Layer 1 Crypto Contender
XRP is navigating hurdles following Ripple’s token release, which led to a temporary price dip. Meanwhile, Sui (SUI) is experiencing a surge of bullish activity, driven by increases in TVL and ecosystem enhancements, bringing it close to its all-time high.
Amid these market movements, BlockDAG’s presale attracted a remarkable $3 million in a single day, fueled by substantial whale investments.
With presale batches moving fast and demand for BDAG coins on the rise, early backers could witness significant returns as BlockDAG asserts itself as a top contender in the Layer 1 crypto arena.
Join BlockDAG – Act Now Before Prices Increase:
- Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
