Market shifts often catch the keen eye of crypto enthusiasts, especially when familiar names start to struggle.
Ethereum’s active addresses have dropped by 18.23% this year, signalling reduced network engagement and a dip in price to $2,480. Similarly, Bittensor (TAO) also faces challenges, with signs pointing to potential resistance after a 111% rise in September.
In contrast, BlockDAG thrives by raising $10 million in 72 hours. This surge follows the successful testnet launch showing exceptional scalability and user-friendly features. This excitement has drawn significant interest from crypto enthusiasts, pushing presale over $92 million.
With this ongoing spill in interest, experts predict BlockDAG could be a strong contender for leading the next major crypto bull run.
Ethereum Active Addresses Drop 18.23%
Ethereum (ETH) is currently experiencing a decrease in daily active addresses. This year, active addresses have dropped by 18.23%, from 382,000 to 312,000. This reduction has raised questions about Ethereum’s network activity and potential impact on its price. Despite the liquidity increase following Ethereum ETFs, on-chain activity remains sluggish.
Ethereum trades at around $2,480, reflecting a 6.18% drop. Although there was a slight gain earlier in the month, the momentum could not hold. A decline in active addresses often hints at waning interest, which could pressure ETH’s price further. Analysts are cautious, watching whether Ethereum can regain its lost momentum or face further struggles.
Bittensor (TAO) Price Faces Resistance at $660
Bittensor (TAO) enjoyed a strong September, rising by 111% from $264 to $587. However, the beginning of October saw mixed signals. Technical indicators like Bollinger Bands and RSI suggest that TAO could be overbought. Currently priced near $585, TAO might encounter resistance around $660.
If it fails to gain demand, it could see a pullback to $520 or even $445. Bittensor’s social dominance has also declined, indicating reduced market attention. This drop may affect its upward trajectory unless interest in TAO increases again. The Relative Strength Index (RSI) shows a reading above 70, highlighting the risk of a short-term downturn.
BlockDAG’s $10M Haul in 72 Hours – Nearing $600M Goal
BlockDAG’s meteoric rise is shaking up the crypto world, with a massive $10 million raised in just 72 hours with its high-volume crypto whale activity. This surge is tied to BlockDAG’s recent testnet launch, known for its scalability and user-friendly interface.
The testnet’s flawless performance is a game-changer, solidifying BlockDAG’s position as a leader in the next crypto bull run and drawing in large holders eager to seize this high-potential opportunity.
With a massive presale surge, BlockDAG has raised over $92 million in just a few months, pushing the project closer to its $600 million presale target. The price of BDAG coins has soared from $0.001 to $0.0206, delivering a remarkable 1960% gain for early holders.
With each presale batch selling out rapidly, the demand for BDAG coins is skyrocketing. Experts are forecasting an incredible 30,000x ROI for early participants, with the potential for BDAG coins price to hit $30 by 2030.
With over 13.8 billion BDAG coins sold across 24 presale batches, the current batch is nearing completion, which is set to drive a significant increase in the BDAG coin price. So, this is now an ideal time to join this rapidly expanding project before prices rise further and opportunities become less accessible.
Anticipate the Next Crypto Bull Run
While Ethereum grapples with declining addresses and a price downturn and Bittensor (TAO) faces possible resistance, BlockDAG is seizing the moment. By raising $10 million in just 72 hours and pushing its presale to over $92 million, BlockDAG is becoming a top crypto to watch in the next crypto bull run.
With over 13.8 billion BDAG coins sold and presale batches moving quickly, BlockDAG is setting the stage for the next crypto bull run. As demand grows, early backers are poised to benefit, with experts forecasting a significant 30,000x ROI potential for early supporters.
Join BlockDAG – Act Now Before Prices Increase:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
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