.png){kind=logo}
It’s been a rough week for Polkadot, which saw its price dip by nearly 7% before bouncing back slightly as buyers defended the $4.50 support level. Meanwhile, Litecoin has been catching attention due to increased whale activity around its $67 support—potentially hinting at a market shift.
While Polkadot and Litecoin are showing some movement, BlockDAG is stealing the spotlight. The new crypto project raked in $4 million in just 24 hours, pushing its presale total to over $88 million. Whales are making significant investments, drawn by BlockDAG’s advanced ecosystem and the strong performance of its Testnet. The buzz around BlockDAG is growing, and more traders are beginning to take notice.
Polkadot (DOT) took a hit earlier in the week, falling by nearly 7% and dropping below the critical $4.50 level. However, buyers quickly stepped in, pushing the price back up by 2%. The $4.50 mark is proving to be a strong support, making it difficult for sellers to drag the price lower.
Last week, DOT showed some upward momentum, nearly reaching $5 before facing resistance. The big question now is whether DOT can gain enough traction to make another attempt at breaking through the $5 barrier. While buyers are active at key levels, the challenge of surpassing $5 remains.
Litecoin (LTC) has seen a surge in whale activity lately, with major investors increasing their movements around the $67 support level. This might indicate they believe the current price offers a solid entry point, suggesting a potential shift in the market. Additionally, the number of active Litecoin addresses has jumped by 2% over the past 24 hours, signaling increased network activity and interest.
Despite only 28% of Litecoin holders being in profit right now, the rise in whale accumulation and network engagement suggests that changes could be on the horizon. The key question is whether Litecoin can maintain support at $67 or if more price shifts are in store.
As the market starts to recover, BlockDAG has been catching the eye of major traders and whales. The project is rapidly gaining momentum, with whales contributing a massive $4 million in just one day, pushing its presale beyond $88 million.
But the excitement surrounding BlockDAG isn’t just about the money raised—it’s the strong fundamentals of the project. With an ecosystem that boasts unmatched scalability and unique solutions, BlockDAG is setting new standards. Its Testnet has also performed exceptionally well, fueling even more interest as the project positions itself as a major player in the crypto space.
Whale activity is driving BlockDAG’s value higher, and early investors are seeing significant returns. Priced at $0.0206 in Batch 24, early adopters have already seen an 1960% return. As large investors continue to buy in, the coin’s value keeps rising, and many are looking at a potential 30,000x return.
For those considering which cryptos to buy in 2024, BlockDAG is quickly climbing to the top of the list. With whale backing, advanced tech, and a presale that’s taking off, BlockDAG is on the rise. This could be the last opportunity to get involved before BlockDAG becomes a key player in the crypto world.
Polkadot and Litecoin are showing some positive signs but also facing challenges. Polkadot is struggling to break past the $5 level, and Litecoin is holding around $67, both facing uncertain short-term movements.
Meanwhile, BlockDAG is dominating the headlines, with its presale surpassing $88 million as whales continue to buy in, adding $4 million in just 24 hours. With a successful Testnet and strong backing, BlockDAG is positioning itself as one of the top cryptos to watch in 2024.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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.
