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Cryptocurrency News Articles

BlockDAG Extends 50% Bonus Until Oct 21: 5 Days to Go!

Oct 18, 2024 at 01:00 am

When market momentum picks up, crypto enthusiasts often find themselves making the next big move. Aptos, for instance, has gained significant traction

BlockDAG Extends 50% Bonus Until Oct 21: 5 Days to Go!

As market momentum picks up, several cryptocurrencies are making headlines with impressive gains and strategies to attract new buyers. Here's a closer look at the latest updates on Aptos, Ethereum, and BlockDAG.

Aptos Price Prediction: Will It Hit $11.58 After a 131% Surge?

Aptos (CRYPTO: APT) has seen a remarkable rise in value as it hit $10.46 on Friday, marking a 131% increase from its lowest price point this year. During this time, its total value locked (TVL) also surged by 65% to cross the $720 million mark.

With its growing ecosystem and bullish technical indicators, analysts are expecting the price to target $11.58 in the short term. However, concerns arise due to Aptos' highly dilutive nature, with only 515 million coins in circulation out of a total supply of 1.12 billion.

This oversupply could put pressure on the price in the long run, and market volatility may slow the momentum. While Aptos continues to show promise, these risks are worth considering.

ETH Holders Face Uncertainty as 66% Traders Remain Bearish

While Ethereum (CRYPTO: ETH) has maintained stability around the $2,300 mark, ETH holders are facing uncertainty as a breakout above $2,800 is needed for a bullish rally.

A recent poll among ETH traders reveals that 66% remain bearish on ETH, which could impact the price if their sentiment doesn't shift toward optimism. Another concern is the low inflows into Ethereum ETFs, which might indicate a lack of interest among traders.

If the price dips below $2,300, it could trigger a downtrend, pushing ETH toward its August lows. Despite Ethereum's strong long-term outlook, the near-term volatility and fragmented liquidity across layer-2 networks may pose challenges.

BlockDAG Extends 50% Bonus Until Oct 21: 5 Days to Go!

BlockDAG (CRYPTO: BDAG) is making waves with its announcement of extending its 50% bonus for new and existing buyers by using the code 'BDAG50' when purchasing BDAG coins. Initially set to end on October 14, the exclusive bonus offer will now be available until 21st October, giving buyers 5 more days to grab the offer!

The extension in offer comes as the presale sees an incredible increase in revenue, nearing the $100 million mark. With crypto fans moving toward the project in huge numbers, its presale funds have boomed to nearly $99 million.

Early supporters from the initial batch have already reaped impressive rewards, as their stakes have grown by 1960% with BDAG coin prices surging from $0.001 in the initial batch to $0.0206 in the current batch.

Across its 24 presale batches, BlockDAG has sold over 14.3 billion BDAG coins. Each batch sell-out has brought significant increases in BDAG coins’ prices. With growing demand, the project has attracted over 140,000 unique holders, expanding its global reach remarkably.

As interest continues to climb, the current batch is on the verge of selling out, which will trigger another price increase. So, now is the perfect time for buyers to join this rapidly growing project before the 50% bonus offer expires and prices soar even higher once the current batch sells out.

Original source:ambcrypto

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