News
BlockDAG Pre-Sale Tops $22.3M With Whale Support and New Payment Methods Between Ethereum Dip and Arbitrum Token Unlock
Ethereum and Arbitrum tokens have established themselves in the cryptocurrency market. Recently, the price of Ethereum rose to over $3,300 before experiencing a sharp decline. Meanwhile, Arbitrum attracts attention with its plan to unlock 3.5% of its outstanding tokens, which could significantly affect its market dynamics.
Amid these developments, BlockDAG (BDAG) stands out for its innovative integration of blockchain and directed acyclic graphs (DAG), improving transaction efficiency and scalability. BlockDAG has already raised over $22.3 million from investors in its pre-sale stages, making it a key player in the current market. With BlockDAG leading the charge, it’s worth exploring how these coins are shaping the hype in the cryptocurrency market.
Arbitrum Token Unlocked: Crypto Watchers Alert!
Arbitrum will unlock 3.5% of its circulating tokens on May 16, with a total value of approximately $100 million. This move follows the launch of Bounded Liquidity Delay (BOLD) on the testnet, which aims for better liquidity management.
The unlocking of the Arbitrum token could impact the market price of the token and attract the attention of investors. The crypto and DeFi communities are closely watching this event, as it will likely influence market dynamics and investment strategies in the decentralized finance landscape.
Ethereum price: from high to sudden drop
Ethereum price rose above $3,300, reaching a high near the $3,350 resistance before facing a sharp reversal. The cryptocurrency is trading below $3,220 below the 100-hour simple moving average, indicating a bearish trend. Additionally, there was a significant break below a key uptrend line at $3,250 on the ETH/USD hourly chart, according to Kraken data.
This breakout suggests a loss of upside momentum, which could lead to further declines. If Ethereum falls below the $3,165 support level, it could suffer larger losses. This situation highlights the volatile nature of the cryptocurrency market and rapid changes in trader sentiment.
BlockDAG Pre-Sale Exceeds $22.3 Million: The New Hotspot for Crypto Whales
BlockDAG recently secured $22.3 million in its ongoing presale, with the coin’s price set to rise from $0.006 to $0.007 in the next batch. These successful funding rounds follow the launch of an exclusive keynote video and a complete technical whitepaper. There are currently over 8.4 billion BDAG coins in circulation, with demand continuing to grow.
The core of BlockDAG technology fuses traditional blockchain with directed acyclic graphs (DAGs). This integration improves scalability and accelerates transaction speed while maintaining stringent security measures. It allows BlockDAG to process large volumes of transactions efficiently, establishing it as a leader in cryptocurrency innovation.
To broaden accessibility, BlockDAG has expanded its payment options. Investors can now purchase BDAG coins using Bitcoin, USDT (Tron), and a variety of other cryptocurrencies including Doge, SHIB, Solana, XRP, Polygon (MATIC), Kaspa, Fantom, and Cardano. This diversity in payment methods simplifies the investment process for many users.
Furthermore, the introduction of the cryptocurrency payment card marks a significant progress. With robust security protocols, the card facilitates the daily use of BDAG coins, significantly improving their usefulness and attractiveness.
These strategic developments have caught the attention of major investors and cryptocurrency enthusiasts. By connecting digital finance with traditional banking and introducing practical innovations, BlockDAG is rapidly gaining global recognition. It stands out not only for its technological excellence, but also as a leading cryptocurrency asset with promising prospects for continued growth.
BlockDAG’s revolution in cryptocurrencies
BlockDAG’s approach to cryptocurrency improves the speed and scalability of transactions. This effectively addresses the limitations of traditional systems like Ethereum, currently experiencing price volatility, and newer tokens like Arbitrum, set to impact the market.
BlockDAG has raised over $22.3 million to date, with investment still rising. It promises greater efficiency and security, positioning itself as a key player alongside major forces like Ethereum and Arbitrum in the evolving crypto landscape.
Join BlockDAG now!
Website: https://blockdag.network
Pre-sale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a press release provided by a third party responsible for the content. Please conduct your own research before taking any action based on the content.
