Crypto enthusiasts have a lot to be excited about this week, especially with Ethereum whales making significant moves in the market. Meanwhile, Bitcoin bulls are feeling confident, believing that prices will soar regardless of the outcome of the upcoming U.S. presidential election.
The real highlight though is BlockDAG’s Testnet launch, which has taken the crypto world by storm. It is boosting the project’s credibility and attracting a flood of new users eager to dive in by purchasing BDAG coins. The presale is now at an impressive $75 million, with analysts forecasting a whopping 20,000x ROI. BlockDAG is quickly becoming one of the top cryptos to buy.
Ethereum Whale Makes a Splash With Massive Sell-Off
Ethereum whales are making big moves and it's shaking up the market. One whale, known as “0xe3e”, has been selling off loads of ETH (10,595 ETH to be exact), worth $24.7 million USDT in just a few days. This whale’s been selling ETH like clockwork, dumping 87.56 ETH every few minutes, while still holding 6,042 ETH. What’s crazy is they’ve already pocketed a massive $39.34 million in profits, a 451x return.
Meanwhile, another whale tried to take a long position by buying 2,117.7 ETH, but it didn’t go so well. The whale ended up losing $13 million over the last six months. On the institutional side, interest is on the rise. Ethereum ETFs now hold nearly 3 million ETH, with Grayscale leading the charge. With big names like BlackRock and Fidelity getting in on the action, Ethereum’s long-term outlook looks bright despite the current ups and downs.
A Win-Win For Bitcoin Bulls?
Bitcoin bulls remain confident that the price will rise regardless of November’s U.S. presidential election. According to Tom Lee from Fundstrat and Michael Novogratz of Galaxy Digital, both believe Bitcoin has a path to success, no matter who wins.
If Trump wins, his pro-crypto stance, including his promise to fire SEC Chair Gary Gensler, could be a major boost for bitcoin. Even if Kamala Harris wins, Lee thinks Bitcoin will still benefit from a more relaxed economic policy that favors riskier assets.
Geoff Kendrick from Standard Chartered predicts Bitcoin will hit all-time highs either way, with estimates of $125,000 if Trump wins and $75,000 if Harris wins. For the crypto faithful, it seems Bitcoin is set to climb no matter what, proving once again that in the eyes of the bulls, Bitcoin is always a win.
BlockDAG’s Testnet — A Developer’s Dream
BlockDAG’s Testnet is turning heads and quickly becoming the go-to spot for developers looking for the next big thing in crypto. With cutting-edge features like the Blockchain Faucet and Blockchain Explorer, it’s no surprise that more and more developers are flocking to BlockDAG.
This Testnet is an all-in-one toolkit for anyone wanting to dive into blockchain development. The Blockchain Faucet allows developers to mint BDAG coins for free, giving them a playground to test and experiment with the platform’s features. The Blockchain Explorer offers real-time transaction tracking, making it super easy to monitor and build decentralized apps, mint NFTs, and explore smart contracts.
BlockDAG’s Testnet is proving to be a game-changer, as developers can fully test BDAG’s functionality and the community grows rapidly. What’s really exciting is how developers’ and traders’ rising interest drives up BDAG’s demand. The presale is already a massive success, raising over $75 million, and it's clear that the Testnet going live has pushed the excitement to new levels. As more developers get involved, the buzz around BlockDAG only gets bigger.
With traders looking at a potential $20 by 2027, BlockDAG is quickly becoming the top crypto to buy right now.
Summing Up: Top Crypto to Buy
As Ethereum whales make a splash and Bitcoin bulls remain optimistic, the spotlight is undeniably shifting to BlockDAG. Its Testnet launch is creating a buzz that’s hard to ignore, attracting developers eager to explore its cutting-edge features. This isn’t just a minor upgrade, it’s a whole new playground for building decentralized apps and experimenting with blockchain tech.
With the presale at $75 million and projections hinting at massive ROI for early adopters, BlockDAG is positioning itself as a frontrunner in the crypto game. For anyone looking to capitalize on the next big opportunity, keeping an eye on BlockDAG is a must—it’s shaping up to be the star of 2024!
Discover More About BlockDAG:
- Website: https://blockdag.network
- Presale: https://purchase.blockdag.network
- Telegram: https://t.me/blockDAGnetworkOfficial
- Discord: https://discord.gg/Q7BxghMVyu