Cryptocurrency

BlockDAG Presale Reaches $24.7M Amid Market Volatility In Graph And Thorchain Prices as it Gets Listed on CoinMarketCap

Market Trends

While Graph and Thorchain struggle with market volatility, BlockDAG has impressively surged to $24.7 million in presale, supported by a CoinMarketCap listing and celebrated with a display at London's Piccadilly Circus. This accomplishment reflects investor confidence and highlights BlockDAG's growing prominence in the cryptocurrency market.

Is The Graph Set for a Rebound?


The Graph (GRT) uses a decentralized, open-source network to store blockchain data without intermediaries, making data access straightforward. The expanding DeFi market has boosted interest in The Graph, attracting traders and crypto enthusiasts. Priced between $0.27 and $0.34 for the week, GRT has experienced a 37% drop in the last 30 days, despite a 40% gain in the previous month. Analysts expect a rebound due to its fundamental value.

Why is BlockDAG the Crypto to Watch?


BlockDAG (BDAG) recently achieved significant milestones with a presale raising $24.7 million and selling 8.8 billion coins. Its recent CoinMarketCap listing and celebration at Piccadilly Circus have boosted investor confidence. BlockDAG's expanded payment options include BTC, USDT (Tron Network), Doge, SHIB, Solana, XRP, Polygon (MATIC), Kaspa, Fantom, and Cardano, making it easier for investors to convert their assets into BDAG coins. These strategic moves strengthen BlockDAG's position in the cryptocurrency landscape.

Understanding Thorchain's Market Position


Thorchain (RUNE) enables direct cryptocurrency swaps across major networks like Bitcoin and Ethereum without intermediaries or decentralized exchanges. Despite a 42% drop in value over the last 30 days, analysts expect a recovery as the market improves. Trading between $4.64 and $7.65, Thorchain has a market capitalization of over $1.6 billion, making it a strong contender for investment.

The Last Word

While The Graph and Thorchain have unique strengths, BlockDAG's comprehensive payment methods provide a strategic edge. This allows for easier investment opportunities and broadens its appeal to a diverse investor base. As BlockDAG continues to adapt and innovate, it presents a compelling choice for investors looking to diversify their crypto holdings in a rapidly changing market.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Which Utility Altcoin Will Hit $1 First: Cardano (ADA) vs Dogecoin vs IntelMarkets

Dogecoin Price Breakout Imminent, Rival Undervalued Altcoin Ready for 19,403% Gains in December 2024

DTX Exchange Exceeds Hype With 100K Downloads for Phoenix Wallet: SUI and RENDER Dump

Crypto Experts Agree - Top 9 Picks of the Best Cryptos to Buy Now!

The Crypto Crown Clash: Qubetics, Bitcoin, and Algorand Compete for Best Spot in November 2024