The crypto market is seeing significant moves as BNB struggles with a potential 12% decline, highlighting growing bearish momentum. Similarly, Shiba Inu price predictions point to a possible rally, with hopes of matching its 2021 highs.
However, both face hurdles as BNB battles resistance, and SHIB needs a 435% surge to reach its peak.
Meanwhile, BlockDAG is quickly emerging as the highlight of this week. In just 24 hours, BlockDAG secured a staggering $4 million in presale contributions, driven by massive crypto whale activity.
The successful testnet launch and a 50% bonus offer have sparked tremendous interest, pushing BDAG coins demand higher and making BlockDAG the top trending crypto in 2024.
BNB has seen a notable decline recently. Over the past week, BNB's price has dropped by 8.72%, indicating mounting selling pressure. This trend aligns with key technical indicators, including the ADX (Average Directional Index), which now reads 40.88, a strong signal of the bearish momentum gaining strength.
If BNB's price fails to hold at the critical support level of $527, it risks another 12% decline, potentially reaching $471. Further confirming this downward trend is BNB's Ichimoku Cloud, which shows the price trading below the Kumo—a strong bearish signal.
Shiba Inu (SHIB) is showing positive signs of a potential rally. As Shiba Inu price predictions indicate, the coin could see a dramatic increase if the current market momentum continues. SHIB is currently trading around $0.00001683, but experts believe it needs a 435% rise to revisit its all-time high from 2021.
The Shiba Inu ecosystem has also been bustling with activity, adding to the coin's upward potential. Strategic token burns, aimed at reducing supply and driving up demand, and new utilities like Shiba Inu's game are capturing attention.
BlockDAG is making headlines as one of the top trending cryptos with its remarkable presale success. In just 24 hours, crypto whales contributed a whopping $4 million, marking a new milestone for the project. This surge in capital inflow highlights the growing confidence in BlockDAG's technology and potential for high returns.
The successful testnet launch, which unveiled world-class scalability and user-friendly features, has made BlockDAG a standout player in the current market.
Moreover, its limited-time 50% bonus offer has also contributed to the presale buzz. BDAG holders, both existing and new, are flocking to take advantage of this opportunity to increase their holdings.
With each new batch of BDAG coins being quickly snapped up, the project is seeing rapid turnover, which is boosting the coin's value. Early adopters have already reaped remarkable 1960% returns on their funds, with the BDAG coins price surging from $0.001 in batch 1 to $0.0206 in the current batch 24.
The huge crypto whale activity is accelerating demand, positioning BlockDAG as a strong contender in the next big crypto boom. With $88 million raised in a few months by amassing over 140,000 unique holders, the project's momentum is undeniable.
As new batches roll out, the price per BDAG coin continues to rise, providing an exciting opportunity for those who get in early. With over 13.8 billion BDAG coins sold out, the current presale batch is about to turn over, which is expected to trigger a significant price surge in BDAG coins' prices. So, now could be the ideal moment to secure your holdings at a lower price before the opportunity slips away!
While BNB's price potential indicates a possible decline and Shiba Inu's price prediction looks optimistic, BlockDAG is capturing the spotlight with its impressive presale success. The platform's ability to raise $4 million in a single day underscores the growing confidence in its future, driven by crypto whale interest.
With the presale reaching $88 million and each batch driving up the coin's price, the opportunity to capitalize on this momentum is now. As BlockDAG's momentum continues to build, early adopters are well-positioned for significant returns, making it a compelling opportunity in the top trending crypto projects.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
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