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Cryptocurrency News Articles
Privacy Coins and Presale Hype Are Sharing the Spotlight This Week
May 07, 2025 at 12:07 am
The world of cryptocurrency is heating up, with a focus on privacy, AI, and presale hype. Monero (XMR) has seen a surprising price surge, attributed by traders to a Bitcoin hack leading to funds being converted into XMR.
The world of cryptocurrency is heating up, with a focus on privacy, AI, and presale hype. Monero (XMR) has seen a surprising price surge, attributed by traders to a Bitcoin hack leading to funds being converted into XMR.
At the same time, Bittensor (TAO) is showing technical traders a familiar chart pattern that could foreshadow a 350% rally. And over in presale territory, BlockDAG just cleared its CertiK audit, locking in interest from those tracking the best crypto presale deals this month.
The coin is currently trading for $0.0019, over half of its current batch price. Traders are accelerating the presale and pushing it over $225 million by grabbing the limited-time coin price.
The coin is currently trading for $0.0019, over half of its current batch price. Traders are accelerating the presale and pushing it over $225 million by grabbing the limited-time coin price.
Monero Price Surge Linked to Privacy Concerns
Monero Price Surge Linked to Privacy Concerns
The Monero (XMR) price surge has been a hot topic in crypto forums, with XMR notching up a 50% gain, including a 21% move in a single hour. Traders following the Monero price surge have linked it to a recent Bitcoin hack, where over 3,500 BTC was allegedly converted into Monero through quick exchanges.
This rapid conversion activity may have also led to the Monero price surge as crypto liquidity and market slippage usually increase during large-scale transactions. At the same time, the derivatives market showed unusual behavior, with open interest spiking past $35 million, well beyond Monero’s normal activity.
Some community members expressed skepticism, feeling the Monero price surge might not have been entirely organic. But whether fueled by a new generation of privacy-focused traders or something less transparent, the XRM price surge once again highlights how privacy coins often attract attention when anonymity becomes a priority.
TAO Analysis Suggests Another Big Move Might Be Next
The latest Bittensor (TAO) analysis has crypto watchers comparing current TAO activity to previous patterns that preceded big price runs. After falling sharply earlier in the year, Bittensor bounced off the $190 support level, a zone it has respected multiple times. Recent Bittensor analysis highlights that this support has historically triggered rebounds of 290% and even 350%.
TAO now trades around $357, showing over 100% recovery from the recent bottom. The next focus in Bittensor analysis is the 50-week moving average near $390. If TAO breaks that line cleanly, traders expect a push toward $740, repeating past performance. The TAO analysis may not guarantee a rally, but the chart structure is familiar to those tracking previous cycles.
CertiK Green Light Pushes BlockDAG Toward Launch Day
The BlockDAG (BDAG) security checklist now sports a CertiK stamp of approval, giving the project new weight as it lines up a public debut.
The auditors, known for their deep dives into crypto projects, sifted through smart‑contract code and multisig controls, finally granting their signature. This is exactly the kind of reassurance traders want before pressing “buy,” especially given the project’s claims of a top‑tier exchange listing.
The timing feels intentional: management just confirmed that a top‑tier exchange listing is in the works, and at the same time, special pricing will be available until May 13th.
Currently, BDAG is trading for $0.0019, less than half of its current batch price, which is $0.0262. Those who participated in earlier presale batches have seen impressive returns as the price increases steadily with each new batch.
The project’s crowdfunding numbers also reflect the hype, having already surpassed $225.3 million in funding and 19.6 billion coins subscribed for across batch 1 to the current batch 28.
Community events such as Buyer Battles and a 25 percent referral bonus keep new users flowing in, ultimately reinforcing liquidity ahead of trading day. This, combined with the project’s presence on social media, has led to several community members ranking BlockDAG among the best crypto presale opportunities this season.
The final stage of the presale will come to an end in a week’s time, after which the price will revert to the higher launch price.
Those interested in joining the presale can do so here.
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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