Dogecoin Liquidations & Fetch.ai Price Dip Push Investors Toward BlockDAG’s $52.9M Presale Amid its 1120% Value Surge

Dogecoin liquidations have surged recently, wiping out $60 million in futures, with most of that coming from Huobi. Similarly, Fetch.ai (FET) has also plummeted, dropping 48% in the last month alone. During these turbulent times for other cryptocurrencies, Block DAG It has emerged as a standout performer attracting whales and investors.

The presale has reached batch 18, priced at $0.0122, raising $52.9 million, marking an astounding 1120% growth from batch 1. BlockDAG’s innovative approach, highlighted in the first keynote video, has attracted significant interest as a promising investment with high mining profitability.

Dogecoin performance amid market volatility

Meme coin bulls braced for a shock after Dogecoin, the largest asset of its kind by market capitalization, dropped by more than 10%, resulting in the disappearance of $60 million worth of DOGE futures, of which more than $44 million was attributed to Huobi. According to the data, these liquidations were primarily related to long positions held by users anticipating an increase in DOGE’s price.

The scale of liquidation of long contracts linked to DOGE has not been seen since 2021, worrying its legion of followers and meme coin enthusiasts. The cryptocurrency market is dealing with turmoil caused by macroeconomic factors, creating a divide between investors and riskier assets, leading to flows towards lower risk assets. Despite some positive inflation-related reports last week, overall sentiment remains cautious, impacting assets such as Dogecoin.

Fetch.ai (FET) Faces Market Pressure

Fetch.ai has faced considerable market pressure, reflecting the bearish mood across the cryptocurrency sector. The token has experienced a significant sell-off due to the recent drop in Bitcoin’s value, which has had a ripple effect across the market. In the past week alone, Fetch.ai’s price has fallen 30%, and an astonishing 48% in the past month. The decline reflects broader market challenges and investor caution.

Despite the current pullback, analysts suggest that Fetch.ai may find support around $1.10, creating an opportunity for a potential bounce. Some analysts, such as Crypto Feras, are hinting at a transformative event that could change Fetch.ai’s market dynamics. This could include a merger with a new token. This speculation adds an element of unpredictability to Fetch.ai’s future, making investors nervous.

BlockDAG Keynote and 1120% Value Increase Gains Momentum

BlockDAG Keynote The video, which was broadcast on a billboard at the iconic Shibuya Scramble Crossing, has solidified BlockDAG’s position as a pioneer in the crypto industry. The event highlighted BlockDAG’s vision to create a world where there are no limits to mine, build, earn, or spend. With a user-friendly crypto payment card, BDAG coin, and a cutting-edge crypto miner, BlockDAG offers a comprehensive ecosystem aimed at empowering users. Currently in batch 18 and priced at $0.0122, the presale has raised a staggering $52.9 million from the sale of over 11.7 billion BDAG coins, marking an astounding 1120% price increase from batch 1.

Furthermore, the keynote speaker noted that BlockDAG is not just a blockchain, but an innovative platform that combines ease of use with cutting-edge technology. The cryptocurrency payment card allows users to seamlessly trade BDAG coins and other cryptocurrencies at over 38 million merchants around the world. Furthermore, from the X1 Mining App to the powerful X100, BlockDAG miners offer diversified revenue streams and are equipped with a low-voltage A6 chip for long-term use.

The stellar presale performance highlights investor confidence in BlockDAG’s potential. BlockDAG aims to maintain the quality, security, and competitiveness of its software. Ambitious price predictions of $10 by 2025 and $20 by 2027 are supported by continued progress and a loyal community. BlockDAG continues to attract significant investment and is well positioned to reach new heights and achieve its long-term goals.

Final thoughts

BlockDAG offers a visionary platform that blends ease of use with advanced technology, setting new standards in the cryptocurrency space. While Dogecoin’s liquidation and Fetch.ai (FET) price decline reflect broader market volatility, BlockDAG’s successful presale, which raised over $52.9 million, confirms strong investor confidence. The platform’s innovative products and mining profitability calculator offer diversified income opportunities. With ambitious price predictions and continued advancements, BlockDAG is poised to transform the industry. Investing in BlockDAG offers a promising opportunity to be part of a groundbreaking journey in the evolving cryptocurrency space.

Invest in the BlockDAG Presale Now:

Pre-sale: https://purchase.blockdag.network

Website: https://blockdag.network

telegram: https://t.me/blockDAGnetwork

discord: https://discord.gg/Q7BxghMVyu

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