Polkadot’s price took a hit this week, dropping nearly 7%, but it recovered as buyers defended the $4.50 support level. Meanwhile, Litecoin has seen a surge in whale activity around the $67 support, hinting at a potential market shift.
While Polkadot and Litecoin both show promising movement, BlockDAG has been the focus, pulling in $4 million in a single day and pushing its presale past $88 million. Whales are heavily backing BlockDAG, drawn by its advanced ecosystem and successful Testnet performance. With the growing attention around BlockDAG, traders are increasingly taking notice.
Polkadot Faces Resistance at $5
Earlier this week, Polkadot (DOT) faced a significant decline, dropping nearly 7% and falling below the $4.50 mark. However, DOT quickly regained about 2% as buyers provided support. The $4.50 level has proven resilient, making it tough for sellers to push the price lower.
Last week, DOT showed signs of upward momentum, approaching the $5 mark before meeting resistance. The big question now is whether DOT can regain enough strength to break through $5. While buyers continue to support the price at key levels, overcoming the $5 barrier remains a significant challenge.
Will Whales Boost Litecoin’s Value?
Litecoin (LTC) has seen a rise in whale activity recently, with large investors becoming more active near the $67 support level. This suggests they see the current price as a good entry point, potentially signaling a market shift. Additionally, the number of active Litecoin addresses has jumped by 2% in the last 24 hours, reflecting increased interest and activity on the network.
Despite only 28% of Litecoin holders being in profit, the rising whale activity and network engagement point to potential changes ahead. The key focus now is whether Litecoin can hold firm at $67 or if further price movement is imminent.
BlockDAG Presale Hits $88M as Whales Add $4M in 24 Hours
In the midst of a market shift, BlockDAG has captured the attention of major traders and whale investors alike. The project is gaining momentum, with whales contributing $4 million in just one day, pushing the presale total beyond $88 million.
The excitement surrounding BlockDAG isn’t just about the money—it’s the project’s strong fundamentals. Known for its cutting-edge scalability and innovative solutions, BlockDAG’s ecosystem is setting new benchmarks. With its Testnet performing impressively, anticipation is building as the project positions itself as a major player in the market.
Whale activity is fueling BlockDAG’s price growth, with early holders seeing substantial gains. Priced at $0.0206 in Batch 24, early investors have already seen returns of 1960%. As more large-scale investors buy in, the coin’s value continues to rise, with early adopters eyeing the potential for a 30,000x return.
For those seeking a top crypto investment in 2024, BlockDAG is quickly climbing the list. With strong whale backing, a feature-rich ecosystem, and a presale that’s gaining serious momentum, BlockDAG is on the rise. This may be the last chance to get involved before it makes its mark in the crypto world.
Key Takeaways: Top Cryptos to Purchase 2024
While Polkadot and Litecoin are showing some positive activity, both face short-term hurdles. Polkadot is struggling to break past the $5 level, and Litecoin is working to maintain support around $67. These challenges could impact their short-term performance.
Meanwhile, BlockDAG’s presale has surged past $88 million, with whale investors contributing heavily. The project’s exceptional Testnet and whale support are driving prices higher, making BlockDAG one of the top cryptos to watch in 2024.
Discover More About BlockDAG:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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