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Cryptocurrency News Articles
BlockDAG Presale Hits $224M After 7th AMA; LINK and HBAR Show Positive Price Movements Ahead
May 03, 2025 at 10:00 am
This week, the crypto market saw key developments with LINK and HBAR signaling recovery, sparking optimism across the board.
The crypto market has seen some key developments this week, with LINK and HBAR showing signs of recovery, sparking optimism across the board.
Chainlink (LINK) is approaching the crucial level of $14.58, which, if cleared, could propel the price to $16. Meanwhile, Hedera (HBAR) has surged by 2.8%, offering hope for a trend reversal after seven weeks of downward movement.
But perhaps the most promising development comes from BlockDAG (BDAG), which recently completed its 7th AMA, highlighting key updates that have captured the attention of crypto traders. From an impressive audit by Halborn to enhanced security features, BlockDAG is setting the stage for major growth.
The presale has now exceeded $224 million, and there is increasing excitement as traders rush to secure their spot. Experts are predicting that the $600 million target could be hit much sooner than anticipated!
Chainlink Price Analysis: What’s Next for LINK?
Chainlink (LINK) is showing potential for an upward move, currently trading around $12.90. If LINK clears the $14.58 resistance level, it could rise to $16. The key support lies at $12.28, where many buyers have entered, giving it strong backing.
A strong hold above this support could lead to a significant rebound. However, the resistance near $14.58 will be tough to overcome, and sellers looking to break even may cause some price action challenges. If LINK pushes above $13.20, there’s room for more upside, but a fall below $11.80 could test the next support zone.
HBAR Price Surge Suggests a Trend Reversal
This week, Hedera (HBAR) saw a 2.8% price increase, climbing to $0.171. After a seven-week slump, this rise indicates that a potential recovery is underway.
The immediate resistance level stands at $0.177, and if HBAR surpasses this, it could target $0.197 or even $0.200, signaling a full trend reversal. On the other hand, if the price fails to break the $0.177 mark, a pullback could bring HBAR back to $0.154. A drop below this level would likely negate the bullish outlook and push HBAR back into its downtrend.
BlockDAG Makes Major Security Upgrades, Presale Hits $224M!
BlockDAG recently completed its 7th AMA, showcasing remarkable progress that has generated excitement within the crypto community. The project is strengthening its position in the market through a series of key security updates.
A comprehensive audit by the renowned security firm Halborn was completed, and the results were stellar, with the audit confirming that BlockDAG’s vesting contract meets top industry standards. Additionally, the integration of Fortify’s multi-signature platform further bolsters security, ensuring that strict protocols and multiple signers are in place to protect the network.
Further enhancing trust in BlockDAG, a CertiK audit is also underway, demonstrating the project’s commitment to transparency and security. These updates not only improve the safety of the platform but also provide investors and users with confidence in BlockDAG’s long-term viability.
As a result of these updates and growing confidence in the project, BlockDAG’s presale has seen a remarkable surge, reaching over $224 million. With more than 19.5 billion coins already sold, there’s growing anticipation that the presale will soon hit the $600 million mark, possibly ahead of schedule. The current price for Batch 28 is set at $0.0262, and experts predict that BDAG could soar by 3932%, reaching $1 in 2025.
Given the strong presale performance and the ongoing security upgrades, analysts are predicting that BDAG will see massive growth in the years to come, with forecasts suggesting a potential price of $20 per coin by 2027.
What’s Next for LINK, HBAR, and BlockDAG?
While Chainlink and Hedera are showing signs of recovery, BlockDAG is emerging as the standout opportunity. Chainlink (LINK) price could push through the $14.58 resistance and reach $16, while Hedera’s recent surge indicates a potential reversal, with $0.177 acting as a critical resistance level.
However, BlockDAG’s presale has raised over $224 million, with strong security upgrades further boosting confidence. While the market remains optimistic about these projects, BlockDAG’s growth potential is undeniable. With the presale nearing $600 million, now is the time to act before these opportunities pass by.
Presale: https://purchase.blockdag.network
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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