This week, Polkadot’s price saw a near 7% drop but managed to recover as it held the $4.50 support level. Meanwhile, Litecoin experienced significant whale activity around its $67 support, suggesting a potential market shift.
Although Polkadot and Litecoin show promising activity, BlockDAG has captured the most attention. In just one day, the project pulled in $4 million, pushing its presale over $88 million. Whale investors are placing large bets on BlockDAG, attracted by its cutting-edge ecosystem and the strong performance of its Testnet. The increasing attention from traders is driving further interest in the project.
Polkadot’s $5 Price Target Faces Resistance
Polkadot (DOT) encountered a setback earlier this week, dropping nearly 7% and falling below the $4.50 level. However, DOT quickly bounced back by 2% as buyers supported the price. The $4.50 support appears strong, making it difficult for sellers to push the price lower.
Last week, DOT showed positive momentum, approaching $5 before encountering resistance. The key question is whether DOT can regain its upward momentum and make another attempt at the $5 level. While buyers are stepping in at critical points, breaking through the $5 barrier remains a challenge for the altcoin.
Can Whales Boost Litecoin’s Value?
Litecoin (LTC) has seen a surge in whale activity, with large investors increasing their positions near the $67 support level. This could indicate that they view the current price as an entry point, signaling a potential market shift. In addition, active Litecoin addresses have increased by 2% over the past 24 hours, reflecting rising network engagement and interest.
Although only 28% of Litecoin holders are currently in profit, the uptick in whale accumulation and network activity suggests the potential for change. The question now is whether Litecoin can hold its ground at $67 or if more price fluctuations are on the horizon.
BlockDAG Presale Surges to $88M with $4M Added by Whales in 24 Hours!
Amid the latest market moves, BlockDAG has been attracting significant attention from both whale investors and major traders. The project is gaining traction fast, with whales contributing $4 million in one day, pushing its presale total beyond $88 million.
BlockDAG’s appeal goes beyond the money raised—it’s the strong fundamentals that have traders buzzing. Known for its highly scalable technology and unique solutions, BlockDAG’s ecosystem is setting new benchmarks in the crypto sector. With its Testnet performing exceptionally well, anticipation around the project continues to grow as it positions itself as a leading network.
Whale activity is driving BlockDAG’s value upward, with prices climbing steadily. Early investors, who entered at $0.0206 in Batch 24, have already seen an 1960% return. As more large-scale buyers invest, the coin’s value continues to rise, and many early holders are eyeing a potential 30,000x return.
For those looking to invest in crypto in 2024, BlockDAG is becoming a top contender. With whale support, advanced technology, and a soaring presale, the project is poised for significant growth. This could be the last chance to get involved before BlockDAG becomes one of the leading names in crypto.
Key Takeaways: Top Cryptos to Buy in 2024
While Polkadot and Litecoin show some positive movements, they are facing short-term challenges. Polkadot struggles to break past the $5 mark, and Litecoin is trying to maintain stability around $67. Both are dealing with uncertainties that could affect their short-term performance.
BlockDAG, however, has seen explosive growth, with its presale exceeding $88 million as whales continue to invest heavily, adding $4 million in just 24 hours. With an impressive Testnet and strong whale backing, BlockDAG is quickly emerging as one of the top cryptos to watch in 2024.
Discover More About BlockDAG:
- Website: https://blockdag.network
- Presale: https://purchase.blockdag.network
- Telegram: https://t.me/blockDAGnetworkOfficial
- Discord: https://discord.gg/Q7BxghMVyu
