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Cryptocurrency News Articles

BlockDAG: The Best Crypto for the Future with $10M Raised in 72 Hours & Massive Whale Confidence

Oct 08, 2024 at 01:00 am

Read why BlockDAG is the best crypto for the future with $10M raised in 72 hours & massive whale confidence. See how EigenLayer price & Kaspa prediction compare

BlockDAG: The Best Crypto for the Future with $10M Raised in 72 Hours & Massive Whale Confidence

BlockDAG has raised an impressive $10 million in just 72 hours during its presale, thanks in large part to some massive whale purchases.

This level of interest from the crypto bigwigs is certainly noteworthy, especially as the presale has also managed to cross the $90 million mark in total revenue.

But what’s really catching the attention of many investors is the 1960% ROI that early BlockDAG holders have already managed to secure.

With the starting price during batch 1 being $0.001 and the price gradually increasing to $0.0206 in batch 24, those who got in early on this presale are certainly sitting on some handsome gains.

And if we’re to believe the crypto experts out there, BlockDAG still has a lot of potential growth left in it, especially over the next few years.

So those who are joining the presale now might still be able to secure some substantial gains, especially if they manage to get their hands on that 50% bonus while it lasts.

Kaspa might be able to hit $0.19 by October 8

Coming to our next promising crypto on the list, we have Kaspa (KAS), which is currently trading at $0.1519 after managing to secure a 3.19% gain in the last 24 hours.

While the broader crypto market also saw a 3.66% lift during the same period, Kaspa stood out with its 3.13% gain against Bitcoin.

Now, if we take a look at the Kaspa price prediction, the artificial intelligence predicts that KAS might be able to rise by 30% in the next five days, which would bring its price to around $0.1912 by October 8, 2024.

However, despite this short-term optimism, it’s important to note that Kaspa has actually seen a 7.34% drop in the past three months.

This has also led to a cautious market sentiment, especially as the technical indicators are mostly bearish.

So while Kaspa might be able to make a quick rebound in the next few days, investors should still proceed with caution and keep an eye on the broader market trends.

EigenLayer price crashes 20% over transparency issues

Finally, we have EigenLayer (EIGEN), which recently crashed by 20% following its listing on Binance, largely due to some transparency issues that have investors on edge.

To provide some context, Eigen Labs, the team behind EIGEN, faced backlash for permitting investors to stake “locked” tokens without any prior notice.

This led to a lot of confusion and, ultimately, a sharp decline in network growth—91% less in just 24 hours.

Many see this as a red flag, as the project struggles to regain $3.75 as a support level, with market sentiment still remaining uncertain.

While Eigen Labs clarified that investors are eligible for only a 1% staking reward annually, trust remains shaky.

Original source:financefeeds

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Other articles published on Aug 12, 2026