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One of the best methods of earning passive income while at the same time contributing to the security of blockchain networks is by staking cryptocurrencies. Going into 2024, there are several ways one can stake, but the choice of platform will make all the difference in how much you will earn. The article gives a ranked listing of the top 12 crypto staking platforms. Let’s begin with an overview of what staking is and how to choose the best platform.

What is staking?

Staking, in simple terms, is the process of holding your cryptocurrency in a blockchain network utilizing either the Proof of Stake or a similar consensus mechanism. In return, you actively help in validating the transactions on the blockchain and, therefore, keeping it secure. To put it another way, in return, you receive a certain reward, usually in coins of the staked cryptocurrency. It is much less resource-intensive compared to mining, while it may provide more regular streams of income based on the amount staked and the network’s reward structure.

How to Select the Best Crypto Staking Platform

While choosing the best platform for staking, you have to consider one or two factors. First, you need to look at the cryptocurrencies supported. Make sure it is among the ones that the selected platform supports. Look at the APY being given for the different assets being staked to be able to find out the potential returns for the owner.

Another very important factor is the level of flexibility: Some of them have locked staking, and others can offer liquid options. Not to mention security features such as multi-factor authentication, insurance coverage, and regulatory compliance. Lastly, take a closer look at how user-friendly the platform is with its support. An intuitive interface with proper support will make all the difference in your staking experience.

1. OkayCoin

OkayCoin takes precedence over others due to its ease-of-use platform and competitive staking rewards. OkayCoin enables staking for multiple popular cryptocurrencies while providing both novice and advanced users with an easy-to-use experience.

How to sign up for OkayCoin:

• Go to the official website of OkayCoin at OkayCoin.com and click “Sign Up“.
• Enter your e-mail address, create a strong password, and accept the terms.
• Finish your identity verification by uploading essential documents.
• Deposit Fiat or a cryptocurrency to your account.
• Under the staking tab, click on an asset you want to stake.

At the time you sign up, you will receive a welcome bonus of $100.

Staking plans on OkayCoin include

1. Free Trial Staking Plan: $100 for 1 day and earn $1 daily.
2. Ethereum Staking Plan: $300 for 1 day and earn $6 daily.
3. Polygon Staking Plan: $800 for 3 days and earn $8 daily.
4. TRON taking Plan: $1200 for 7 days and earn $12 daily.
5. Polkadot Staking Plan: $3000 for 7 days and earn $33 daily.
6. Celestia Staking Plan: $6000 for 14 days and earns $72 daily.
7. Aptos Staking Plan: $10,000 for 15 days and earn $140 daily.
8. Sui Staking Plan: $20,000 for 15 days and earn $280 daily.
9. Avalanche Staking Plan: $35,000 for 20 days and earn $525 daily.
10. Cardano Staking Plan: $56,000 for 30 days and earn $896 daily.
11. Solana Staking Plan: $78,000 for 30 days and earn $1,404 daily.

OkayCoin Referral Program

OkayCoin has quite a generous referral program that lets users earn up to $50 per referral. Once the new user signs up and completes the first transaction, both the referrer and referee get rewarded. Actually, that is pretty straightforward-a great way just to invite some friends to start reaping extra crypto. Here , you will get a 3.5% commission of every order.

2. Binance

It offers a wide variety of staking, with its continuous support for such popular assets as BNB, Polkadot DOT, and Solana SOL. The platform is offering flexible and locked stakings at APYs of up to 20%. Binance boasts an intuitive interface that allows tracking your staking rewards with ease.

3. Kraken

Kraken is among the most popular staking platforms, respecting security and transparency. Kraken offers staking rewards on Ethereum (ETH), Tezos (XTZ), and Polkadot (DOT) for up to 12% APY. Kraken has flexible and locked staking options, so it suits any type of staker.

4. Coinbase

Coinbase is perfect fit for new entrants in the game due to its simplicity and intuitive interface. In return, APYs are a bit low to 6%-whereas Coinbase indeed is a reliable place for staking such assets as Ethereum, Tezos, and Solana. The platform automatically distributes staking rewards earned by users across balance accounts.

5. KuCoin

This offers soft staking, enabling users to use their unsuspended funds to produce staking rewards. Among the supported assets are Polkadot (DOT), Solana (SOL), and Kusama (KSM). This is best for those looking for liquid solutions since it has flexible staking terms, with APYs up to 20%.

6. Crypto.com

Crypto.com has extensive staking services with some pretty attractive APYs, especially for its native token, CRO. Other notable coins you can stake with them are Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA). Crypto.com offers you flexible and fixed staking terms, so you’ll be able to optimize your earnings however you see fit.

7. OKX

OKX offers staking for a variety of assets, from Ethereum and Polkadot to Solana, up to 15% APY. The platform offers fixed and flexible staking options, depending on the asset staked. This caters for everything from short-term stakers to long-term holders.

8. Gemini

While offering APYs of as high as 7%, though a little lower than most platforms, Gemini is a well-recognized security leader and is regulatory compliant. It’s trusted, though, for Ethereum, Tezos, and Solana staking. The easy-navigating nature of the Gemini application makes it quite accessible even for complete beginners to stake.

9. Bitfinex

Bitfinex is loved for its advanced trading features that it facilitates and also for its staking services. Among others, users can stake Tezos, Ethereum, and Solana and earn them at competitive APYs. The platform works just fine for advanced traders who seek to stake while still managing their portfolios.

10. Exodus

It allows staking directly from a decentralized wallet so that the users do not lose control over their funds. Support of Exodus for staking includes but is not limited to Tezos, Solana, and Cardano. It offers frequent rewards and is ideal for users seeking decentralized staking options.

11. Nexo

Another popular staking platform, Nexo offers some pretty sweet upper-tier APYs as high as 12% on assets such as Bitcoin, Ethereum, and USDC. Besides that, it has a very user-friendly mobile application through which one can easily track and manage staking rewards. With flexible terms and the fact that it pays consistently, this option is ideal for people seeking passive income flows.

12. Stake.Fish

Stake.Fish is a dedicated staking platform that deals with decentralized staking solutions. It currently supports staking of assets such as Polkadot, Solana, and Ethereum, among many others, while providing high APY rates. The platform offers full transparency over its operations, so Stake.Fish best fits those who are prioritizing decentralization and network security.

Conclusion

Staking still remains one of the best methods for yielding passive income in crypto space as of 2024. OkCoin is at the top of the list as the best staking platform, which includes flexible plans, competitive APYs, and a very generous referral program. Other strong competitors are Binance, Kraken, and Crypto.com because each has something that may better fit one’s preferences when it comes to staking. When picking up a certain platform, supported assets, staking rewards, and platform security are factors that are mainly considered.

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

In a groundbreaking development for the crypto space, Visa has unveiled its Tokenized Asset Platform (VTAP), designed to empower banks to tokenize real-world assets and facilitate trading via smart contracts.

While this news about the tokenization of real-world assets is creating significant buzz in the financial and DeFi sector, the new trading platform FXGuys ($FXG) is gaining momentum. Let’s see why!

Visa’s VTAP Paves the Way for the Tokenization of RWAs

Visa recently made a significant leap in the crypto space with the launch of the Visa Tokenized Asset Platform (VTAP). This innovative platform will allow banks to tokenize assets and trade them using smart contracts, boosting crypto efficiency and security.

Set to commence in 2025, Spain’s BBVA is set to be one of the first banks to implement this technology. This initiative shows the increasing trend of traditional banks adopting blockchain technology to improve their financial services.

VTAP is a key element in Visa’s plan to bridge the gap between traditional finance and digital assets. By partnering with over 65 crypto wallet providers, Visa guarantees its solutions are accessible and secure. Through VTAP, Visa has opened up new avenues for participation in on-chain capital markets.

In its announcement, Visa expressed its commitment to DeFi, highlighting the company’s belief in the blockchain’s potential to transform the financial sector.

By offering a secure and efficient method for banks to interact with blockchain technology, VTAP is anticipated to greatly increase the demand for tokenization. This move has stirred excitement in the crypto space, as it will improve the credibility of digital assets.

Real-World Utility Meets DeFi: FXGuys Soars as Tokenization Demand Heats Up

Fueled by the growing interest in tokenization and decentralized finance, FXGuys has gained significant traction in its ongoing presale.

The platform already ranks amongst the top DeFi projects to watch out for due to its unique combination of DeFi, TradeFi, and ProFi. This blend offers traders real-world utility, setting FXGuys apart from other crypto projects.

FXGuys offers everything from real capital to advanced tools and rewards traders for every trade with the aim of revolutionizing trading with decentralization. This way, the project hopes to tackle problems like lack of transparency, platform issues, and funding restrictions that traders face.

Through its Trade2Earn program, FXGuys rewards with $FXG tokens for every trade made, regardless of the outcome, creating a dynamic and engaging trading experience. The platform also gives traders access to about $500,000 in trading capital through its Prop Funding Program.

This feature empowers traders to scale their operations without risking their own funds, making it a top choice for those starting out.

$FXG is the driving force behind FXGuys eco. As an ERC-20 utility token on the Ethereum blockchain, $FXG offers holders benefits like voting rights, access to trading discounts, rewards, and participation in trading challenges.

The token can be used to pay for subions or invest in the FXGuys Prop Funding Program. This integration of real-world utility adds substantial value to $FXG, distinguishing it from other tokens in the market.

$FXG Presale Gains Significant Traction: Is it the Next Crypto Gem?

$FXG’s presale has witnessed rapid growth, with the Seed Funding Round reaching its target within 24 hours. Currently, in Stage 1 of its public presale, over 40 million $FXG tokens have already been sold, which marks the perfect opportunity to acquire tokens at $0.03 in Stage 1 of its public presale before they surge to their launch price of $0.10.

With this promising price trajectory, the platform’s innovative trader development eco, and real-life utility, FXGuys is currently one of the most exciting prospects in the crypto space.

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Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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The Lido (LDO) short-term position continues to be compromised in the face of a market-wide correction phase, dragging the altcoin market to the mud. As of writing, the token has lost over 20% in value, representing a massive flip in investor sentiment. The market has not been faring any better as it lost nearly 2% in value, wiping nearly $800 million in market cap in the past 24 hours

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Lido’s development persists despite the market’s apparent bearishness, the most recent of which might drive retail interest on the platform sky-high. However, with the market acting as a chaotic background for LDO, it might come later than what investors and traders expect

Lido DAO Announces Community Staking Early Adoption Program

Yesterday, October 5, Lido’s official X account announced the Community Staking Module (CSM) Early Adoption program designed specifically for solo stakers who want to taste the CSM environment before its initial launch.

Introducing the Community Staking Module Early Adoption Program: A Unique Opportunity for Solo Stakers 🌐

Eligible operators can benefit from:

1️⃣ Early access to the CSM mainnet, avoiding competition from large staking entities for ETH allocations.

2️⃣ A reduced requirement of… pic.twitter.com/x6N8oINq9l

— Lido (@LidoFinance) October 4, 2024

According to the X post, stakers eligible for the program can enjoy early access to the CSM mainnet, a reduced capital requirement from 32 ETH to just 1.5 ETH, and a potential 2.37x higher reward per ETH

In addition to these benefits, eligible operators are also allowed to run 12 validators. According to Lido’s blog post, the limit will only be lifted after the early adoption phase

To ensure that only solo stakers will have the opportunity to enter the program, Lido has put out specific filtration rules that will check each applicant if they are eligible for the program

LDO is currently trading at $1.06. Chart: TradingViewThis development will ultimately stimulate retail interest in the platform as it lowers the economic barrier to participating in the network. However, its strict rules regarding the eligibility of community members and network users to be part of the CSM Early Adoption Program hinder any potential gain in the long-term of the network as only a handful of users can participate in the reduced financial burden brought by the program.

$0.88-$1.13 Range Holds Little Promise For LDO

As of writing, the token is struggling to hold the weight of the bearish pressure that has overtaken the market by storm. LDO bulls do not have the same momentum as the bears which may lead to a short to medium-term continuation of the downward trajectory

The token’s relative strength index, however, is hinting a possible reversal in the medium term timeframe which might lead to LDO keeping its current trading range in the next couple of days

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Investors and traders should monitor the broader market’s movement in the coming days as LDO’s correlation with the major cryptocurrencies will play a huge part in its future price movement.

Featured image from Pexels, chart from TradingView

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In a recent trading activity on the crypto exchange Binance, 72% of ETHUSDT traders have taken long positions. This interesting sentiment is revealed through the trading analytics platform CoinGlass. This surge in long position is more notable as it comes after a week of Ethereum trending downwards.

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The strong tilt toward long positions suggests that most traders are confident Ethereum’s price will rebound in the coming week. On the other hand, 27.97% of Binance traders are still holding short positions on ETHUSDT.

ETHUSDT Long Positions Soar: What’s Behind It?

According to data from CoinGlass, the ETHUSDT traders are currently leaning toward a bullish price for Ethereum in the coming weeks. Notably, the data is mainly confounded by the ETHUSDT perpetual traders.

The data reveals that the number of traders currently opening long ETH positions on Binance significantly outweighs those opening short positions by a ratio of 2.58, highlighting the bullish sentiment among some cohorts of traders.

At the moment, it is unclear why the majority of Binance perpetual traders are going long on Ethereum, except for just a general bullish sentiment on the longer term, as there are no expiration dates for their positions. 72.03% have long ETHUSDT positions opened in the past 24 hours.

ETH is currently trading at $2,422. Chart: TradingViewMeanwhile, 27.97% of ETHUSDT traders remain cautious and have taken short positions within the same timeframe. These traders may be skeptical about Ethereum’s price recovery in the long term. In comparison, 58.15% of BTCUSDT traders are going long, while 41.85% have short positions opened in the past 24 hours.

However, looking beyond Binance and at the wider crypto market, the sentiment appears to be less bullish. Data from aggregated crypto exchanges shows that spot traders are adopting a more neutral stance on Ethereum, and market participants are equally split between buyers and sellers. Particularly, the Exchanges ETH Long/Short Ratio shows 49.05% of market participants are buyers, while 50.95% are sellers in the past 24 hours

What’s Next For Ethereum Price?

While the long positions on Binance suggest confidence in a rally, the neutral sentiment among spot traders points to a more cautious outlook. At the time of writing, Ethereum is trading at $2,420. According to data from Coinmarketcap, the altcoin is currently down by 8.38% in the past 24 hours.

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Technical analysis shows that Ethereum is retesting a bottom trendline and is on the verge of breaking to the downside. If the bulls are unable to hold this trendline, it could cascade to a further 10.7% fall towards $2,150. On the positive side, a rebound on this trendline could push the crypto to the upside and retest $2,700 as October continues to play out.

Featured image from Pexels, chart from TradingView

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Dogecoin increased in value by more than 12% in the historically bearish month of September but has not quite been able to replicate its excellent form this October. The DOGE price has been under significant bearish pressure in the past few days, reflecting the sluggish climate of the crypto market over the past week

However, the latest on-chain revelation has pointed out that the price of Dogecoin might not be down for too long. Large investors of the meme coin have become increasingly active in the market — and here’s how it might impact price.

Are Dogecoin Whales Positioning Themselves For A Bullish Breakout?

Prominent crypto pundit Ali Martinez took to the X platform to share an interesting on-chain insight into the activity of whales and other large investors in recent days. The relevant indicator here is the IntoTheBlock number of large transactions metric, which calculates the number of token transfers worth over $100,000.

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The cohort of investors involved in this data point is the whales and institutional players, considering the magnitude of these transactions. Whales refer to entities (individuals and organizations) that hold substantial amounts of a particular cryptocurrency and, as a result, wield significant influence on the market dynamics.

According to Martinez, the number of large Dogecoin transactions has been steadily rising. A surge in large transactions often indicates that institutional players and whales are either accumulating ahead of a price upswing or distributing their assets. It is worth noting that the IntoTheBlock large transactions metric doesn’t offer enough insight into the direction of these transfers.

Source: Ali_charts/XHowever, a recent data point revealed that Dogecoin whales (with at least $10 million) have bought over 1 billion DOGE (worth over $108 million) in one day While this confirms that the large holders have been accumulating, it leaves other investors wondering what they know.

Nevertheless, the heightened activity of institutional investors and whales could push a bullish narrative for Dogecoin, reinforcing faith in the meme coin’s long-term potential. This could increase market volatility, setting the stage for significant upward price movements.

DOGE Price At A Glance

As of this writing, the price of Dogecoin stands at around $0.1088, reflecting a mere 0.6% decline in the last 24 hours. According to data from CoinGecko, DOGE is down by more than 16% in the past week.

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While the meme coin’s recovery seems to be slowing down at the moment, investors might want to keep an eye out for bullish on-chain movements. Moreover, October is known to be a historically positive month for Dogecoin.

The price of DOGE on the daily timeframe | Source: DOGEUSDT chart on TradingView

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The Bitcoin price has somewhat slowed down this weekend, failing to capitalize on its resurgent momentum from Friday, October 4. The premier cryptocurrency continues to hover around the $62,000 mark, reflecting a mere 0.3% decline in the last 24 hours.

Recent on-chain data suggests that the price of Bitcoin might continue to turn in a sluggish performance, as short-term holders remain under pressure. Specifically, the market leader continues to trade under the realized price of short-term holders (STH).

What Does This Mean For Bitcoin Price?

In a recent post on the X platform, crypto analyst Ali Martinez revealed $63,000 as the realized price for Bitcoin short-term holders, explaining the relevance of this level to the asset’s long-term health. For context, the short-term holder realized price is a metric that measures the average price at which short-term investors purchased their BTC.

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When the spot value of Bitcoin is higher than the short-term holders’ realized price, it indicates that most recent investors are in the green. Typically, this encourages the traders to buy more coins, precipitating a positive market sentiment and potentially triggering an upward price movement.

On the other hand, a fall beneath the STH realized price implies that most short-term holders are in unrealized loss. In this scenario, some investors may look to cut their losses by offloading their holdings, leading to downward pressure on price and further sell-offs.

Chart showing the value of Bitcoin and STH realized price | Source: Ali_charts/XAccording to Martinez, Bitcoin has been trading beneath the short-term holders’ realized price since June. With the current STH realized price at $63,000, the premier cryptocurrency appears to be at risk of further decline, especially in the short term.

BTC Holder Behavior Similar To 2016 And 2020

The overall outlook for Bitcoin’s price in the last quarter of 2024 has been quite positive. CryptoQuant revealed in its latest weekly report that the behavior of Bitcoin holders in the current cycle mirrors the 2016 and 2020 halving years, indicating a potential price growth for the market leader

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Similarities Between October 2023 And 2024 Suggests The Bitcoin Price May Still Experience ‘Uptober’

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The on-chain analytics firm highlighted that the short-term Bitcoin supply increased following the launch of spot exchange-traded funds (ETFs) in early 2024. Although a cooling period followed after this spike, CryptoQuant pointed out that another rise in short-term supply could occur — if historical trends hold.

The price of BTC looks to return above $62,000 on the daily timeframe | Source: BTCUSDT chart on TradingView

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Spot Bitcoin ETFs launched the fourth quarter of 2024 on a turbulent note ending the week with a net negative outflow of over $300 million. This development occurred in tandem with Bitcoin’s bearish start to October in which it declined over 6% in the first five days of the month.

Related Reading: US Spot Bitcoin ETFs Become Second-Largest Holder Of BTC Behind Satoshi

Spot Bitcoin ETFs Negative Outflows End Three-Week Positive Streak

According to data from market tracking platform SoSoValue, the US-based spot Bitcoin ETFs registered a cumulative net outflow of $301.54 million in the first week of Q4 2024, ending a three-week run of positive returns.

Following a net inflow of $61.30 million on September 30, these investment funds quickly transitioned into a bearish state as Bitcoin’s value fell sharply amid rising geopolitical tensions in the Middle East. This led to three consecutive days of cumulative negative outflows totaling $388.42 million.

On Friday, October 4, the spot BTC ETFs returned to a positive trajectory recording gains of $25.59 million but proved largely insufficient in overturning the earlier deficit However, despite this negative weekly performance, the spot Bitcoin ETFs are still primed to attract massive levels of investments in this quarter in line with the lofty price expectations for Bitcoin.

Notably, these investment funds have produced a speculative performance following their launch in January. According to data shared by analyst Quinten Francois, the spot BTC ETFs occupy the top four positions of successful ETF launches in 2024 With a Bitcoin bull run on the horizon, these exchange-traded products are certain to receive more interest from institutional investors in the coming weeks.

Source: Quinten Francois on XCurrently, the spot BTC ETFs boast a cumulative total net inflow of $18.50 billion with total net assets valued at $57.73 billion thus representing 4.68% of the Bitcoin circulating supply. BlackRock’s IBIT maintains market dominance with total investments of $22.91 billion while Grayscale’s GBTC and Fidelity’s FBTC account for significant market holdings with net assets of $13.75 billion and $11.09 billion, respectively.

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Spot Ethereum ETFs Resume Weekly Negative Flows

Alongside the Spot Bitcoin ETFs, the US spot Ethereum ETFs also registered net weekly outflows of $30.69 million in the first week of Q4 2024, representing a return to a negative streak stretching from August 16

In contrast to their Bitcoin counterparts, the ETH spot ETFs have had a challenging debut with total net outflows of 553.66 million. However, they account for 2.28% of the Ethereum market supply with $6.6 billion in total net assets.

At the time of writing, Bitcoin trades at $62,062, with Ethereum valued at $2,414. Both assets report negligible price movements in the past day.

BTC trading at $62,000.01 on the daily chart | Source: BTCUSDT chart on Tradingview.com

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Solana is testing a crucial level after weeks of volatile price action and market uncertainty. Following the Federal Reserve’s interest rate cut announcement, Solana surged 26% but quickly retraced 17%, reflecting the ongoing turbulence in the broader crypto market. This rollercoaster price movement has left many investors on edge as they wait for the next clear signal.

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Amidst this uncertainty, top analysts are closely monitoring Solana’s next move, with one in particular pointing to the $160 mark as the decisive level that could determine its direction. A breakout above this level could reignite bullish momentum, while failure to do so may lead to further downside pressure.

The coming days will be critical for Solana as investors assess the market’s trajectory and brace for potential volatility. With SOL standing at a pivotal point, both bulls and bears are watching closely to see whether the price can break through key resistance or succumb to further correction.

Solana Testing Liquidity Below $160

Solana has experienced significant ups and downs over the past couple of weeks, leaving investors uncertain after the latest dip. Many were anticipating further gains before the retrace, which has now sparked caution in the market. With Solana trading in this volatile environment, the focus has shifted to key technical levels that could determine the next big move.

Top crypto analyst Daan has shared his insights on X, noting that Solana has formed three nearly equal highs around the $160 level. He also highlights that SOL is consistently making higher lows, a sign of potential bullish momentum building up.

Solana $160 key level to determine weekly price action. | Source: Daan on XAccording to Daan, this gradual upward drift suggests that Solana could eventually break through the $160 resistance level, which would be a pivotal moment for the cryptocurrency.

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The reaction at $160 will be crucial. If Solana manages to break above this level, it could signal a push to new highs and reignite bullish sentiment in the market. However, if the price fails to maintain momentum, Solana might remain range-bound between $120 and $160, continuing its sideways movement. Investors are closely watching these levels as Solana’s next direction could define its performance for the rest of the year.

Price Action: Supply Levels To Break

Solana (SOL) is currently trading at $143 after experiencing a few days of choppy price action. The market has been volatile, and SOL is now testing the critical 4-hour 200 exponential moving average (EMA) at $144.55. This level serves as a key resistance point, and a breakout above it could signal a bullish continuation for Solana.

SOL is testing the 4H 200 EMA. | Source: SOLUSDT chart on TradingViewIf SOL manages to break and hold above the 4-hour 200 EMA, the next target for bulls would likely be the $160 level. A move above $160 could reignite positive sentiment, potentially setting the stage for further gains. However, if SOL fails to break above the $144.55 resistance, a retrace to lower demand zones is expected.

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In the event of rejection at the 4-hour 200 EMA, Solana could dip to the $127 support level, where traders and investors will closely monitor for signs of strength or further downside risk. The price action over the next few days will be crucial in determining whether SOL can resume its bullish trajectory or if a deeper retracement is on the horizon.

Featured image from Dall-E, chart from TradingView

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According to data from CoinMarketCap, Bitcoin currently hovers near the $62,000 price mark with no significant movement in the past day. Notably, the premier cryptocurrency has slipped into a minor consolidation state since the little gains recorded on Friday. However, for long-term traders, Bitcoin has remained in a range-bound movement stretching to March. And while many investors are highly expectant of a bullish breakout in Q4 2024, certain market conditions must be met.

Bitcoin MVRV, CQ Bull & Bear Indicators Show Market Uneasiness

In a Quicktake post on CryptoQuant, an analyst with username burakkesmeci shares that the Bitcoin market is currently set for key price movements. Based on the MVRV Ratio and CQ Bull & Bear metric, burakkesmeci notes that Bitcoin investors are presently showing a significant level of market anticipation

For context, the MVRV Ratio compares the current price of Bitcoin to its realized value i.e. the price at which the asset last moved on-chain. It is generally used to indicate if Bitcoin is undervalued or overvalued relative to its realized value

When the MVRV ratio crosses above its 365-day Simple Moving Average (SMA 365), it indicates a bullish trend as investors are seeing a year-to-date gain on their assets. However, burakkesmeci notes that Bitcoin’s MVRV currently at 1.90 has been hovering just below its SMA 365 (2.03) since July showing the BTC market remains in a steady position waiting for a breakout.

The analyst has also observed a similar pattern in the CQ Bull & Bear indicator which measures recent price action relative to longer-term price movements. According to burrakesmeci, the CQ Bull & Bear metric has been oscillating slightly below its SMA 365 (0.46) since August enforcing the notion that the Bitcoin market is in a holding pattern.

Source: CryptoQuant

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Factors That Will Spark A Bitcoin Rally

For Bitcoin to experience a bullish breakout from its current holding position, burakkesmeci highlights certain events that must occur. First, he notes that the Federal Reserve must fully engage in a rate-cut cycle, gradually lowering interest rates over time. Interestingly, following a 50 basis points cut in September, market experts are tipping the Fed to implement another 25% cut at their next FOMC meeting in November

Another bullish factor highlighted by burakkesmeci is an impending quantitative easing which will see the US government inject liquidity into the economy. It is expected that higher liquidity will allow individuals to explore risky investments such as Bitcoin

At the time of writing, Bitcoin trades at $62,009 with a 0.02% loss in the past 24 hours. Meanwhile, the asset’s daily trading volume is down by 53.80% and valued at $12.97 billion

BTC trading at $62,000.01 on the daily chart | Source: BTCUSDT chart on Tradingview.com

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Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant has revealed a significant increase in BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows

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Bitcoin Reserve On Exchanges Sees Sharp Plunge

With ongoing market volatility and the recent decline in Bitcoin, on-chain data has identified a significant shift in the cryptocurrency’s market activity. CryptoQuant’s data has revealed a substantial decline in the total amount of Bitcoin held by various Centralized Exchanges (CEXs) in the market

As of October 2, the Bitcoin balance of centralized exchanges, according to Coinglass, sat at 2.34 million, marking the lowest number in six years. This sharp decline contrasts with the 3.05 million Bitcoin held on exchanges in January this year, highlighting a significant reduction in available supply in just a few months

Typically a low Bitcoin balance on centralized exchanges could be an indication of an impending price appreciation, as fewer BTC available on these platforms can create upward pressure on its price due to the limited supply. The reduction in Bitcoin reserves could also be signaling a shift in investor sentiment from selling to accumulating

Following Bitcoin’s price drop to around $60,000, various exchanges experienced mass withdrawals from investors. In one of its QuickTake blogs, CryptoQuant described this large-scale withdrawal as “the largest outflow of Bitcoin from exchanges since November 2022.”

BTC is now trading at $62,395. Chart: TradingViewThis development also follows the recent increase in Bitcoin accumulation by whales and a rise in the demand for Spot Bitcoin Exchange Traded Funds (ETFs). Additional information from CryptoQuant reveals that institutional investors moved from net selling 5,000 BTC on September 2 to buying 7,000 BTC by the end of the month. This represents the highest daily purchase of Spot Bitcoin ETFs since July 21

#Bitcoin demand from US spot ETFs is rising.

They went from net selling 5K $BTC on Sept 2 to buying 7K BTC at September’s end—the highest since July 21.

In Q1 2024, spot ETFs bought nearly 9K #BTC daily, boosting prices to new highs.

If this trend continues, prices may rise… pic.twitter.com/6EQ9JXUzdw

— CryptoQuant.com (@cryptoquant_com) October 4, 2024

Moreover, in the first quarter of 2024, Spot ETFs were reportedly buying nearly 9,000 BTC daily, boosting prices to new levels. CryptoQuant also disclosed that if this increase in demand continues, the price of Bitcoin may appreciate further

Analyst Stays Bullish On BTC, Predicts $100,000 Surge

A popular crypto analyst, known as ‘The Bitcoin Therapist’ on X (formerly Twitter) has uncovered a massive bull flag in Bitcoin’s price chart. The analyst revealed that this bull flag had formed over the last seven months, signaling a potential for a price increase in the future

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Sharing a video representation of his Bitcoin chart analysis, the analyst disclosed that if the price of BTC can break above the $66,000 resistance level, it could skyrocket to new all-time highs around $80,000 to $90,000. He also expressed a strong bullish sentiment on Bitcoin’s future price, predicting an even higher price surge to $100,000

Featured image from CNN, chart from TradingView

In the crowded world of cryptocurrencies, both Bitgert and Toncoin are carving out unique paths, but which one stands out as the better investment in 2024? Let’s dive into a comparison between Bitgert and Toncoin to understand why Bitgert may have the upper hand.

Toncoin: Strong Growth but Regulatory Hurdles

Toncoin, the native token of The Open Network (TON), has gained significant traction, especially after the launch of the Hamster Kombat token, which doubled its transaction volume. With a market cap of $14.88 billion and a bullish sentiment (76% positivity rate), Toncoin’s future looks bright, with price predictions indicating a rise to $10 by the end of 2024 and potentially reaching as high as $47 by 2025.

The use cases of Toncoin are robust, supporting payments, staking, and governance. However, Toncoin’s scalability and speed, while impressive, aren’t necessarily groundbreaking compared to newer competitors. Moreover, Toncoin’s early struggles with U.S. regulations, due to its ties with Telegram’s Gram project, pose risks.

Bitgert: Unrivaled Speed and Cost Efficiency

On the other hand, Bitgert ($BRISE) is positioning itself as a game-changer in blockchain technology. With a transaction speed of 100,000 TPS and virtually zero fees ($0.0000001 per transaction), Bitgert’s scalability makes it a more cost-efficient and faster alternative to not just Toncoin but also giants like Ethereum and Solana.

While Toncoin focuses on expanding its community through partnerships and airdrops, Bitgert has already fostered a thriving eco, including decentralized exchanges (DEX), centralized exchanges (CEX), and a deflationary token model. Its community-driven initiatives, such as the Startup Studio, hackathons, and a video contest, further solidify its commitment to innovation.

When it comes to transaction costs, Toncoin’s fees are higher, especially compared to Bitgert’s near-zero fees. This makes Bitgert more attractive for users who need to perform a high volume of transactions, such as those in the DeFi space. Bitgert’s eco also offers more versatile tools and applications, ranging from PayBrise to real estate platforms and BitgertSwap, giving developers and users alike more opportunities to engage with the platform.

Why Bitgert Edges Out Toncoin

Toncoin is riding high on bullish sentiment and has a solid foundation, but Bitgert offers something more: unmatched scalability, speed, and cost-efficiency. With 47 million transactions and a growing eco, Bitgert is better positioned to disrupt the market in the long run. For those looking to invest in a blockchain that balances speed, low fees, and innovation, Bitgert stands out as the stronger choice between itself and Toncoin

Grab your own $BRISE token at Gate.io, PancakeSwap, MEXC, and KuCoin!

Step 1: Register on the exchange

Step 2: Choose a payment method

Step 3: Buy $BRISE

Buy $BRISE on Bitgert website today. Visit bitgert.com.

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Toncoin (TON) is the native cryptocurrency of The Open Network (TON), a layer-1 blockchain initially developed by Telegram. After regulatory hurdles with the U.S. SEC (Securities Exchange Commission), Telegram abandoned the project, and TON was taken over by the community in 2020

Known for its high scalability and fast transaction speeds, TON is designed to support decentralized applications (DApps), decentralized finance (DeFi), and non-fungible tokens (NFTs).

As of now, Toncoin has a market cap of $14.88 billion, with a trading volume of $310 million. Toncoin has been gaining momentum, with bullish price predictions that see it potentially reaching $10 by the end of 2024, and $47 by 2025. Toncoin is supported by a strong community, with increasing buying pressure, and is positioned to be a major player in the blockchain space.

However, Toncoin’s challenges include regulatory concerns and competition from newer blockchains, which offer higher transaction speeds and lower costs. That’s where Bitgert comes into the picture.

About Bitgert

Bitgert ($BRISE) is a highly scalable, layer-1 blockchain known for its groundbreaking speed and near-zero transaction costs. Built to support decentralized applications, smart contracts, and DeFi platforms, Bitgert aims to revolutionize blockchain technology by offering a faster, more cost-efficient alternative to older networks like Ethereum, Solana, and yes, Toncoin.

Why Bitgert is a Better Investment Choice than Toncoin?

1. Speed and Scalability

Toncoin has fast transaction speeds and scalability, but Bitgert’s 100,000 TPS blows most blockchains, including Toncoin, out of the water. For applications requiring high throughput, such as DeFi (decentralized finance) or large-scale DApps (decentralized applications), Bitgert offers a superior infrastructure. 2. Transaction Costs

Toncoin’s transaction fees are higher compared to Bitgert. While Toncoin is efficient, Bitgert’s fee of $0.0000001 per transaction is almost negligible. This makes Bitgert especially appealing to users and developers who perform a high volume of transactions, particularly in the DeFi and NFT spaces. 3. Eco Diversity

Bitgert has created a robust eco with more tools and platforms, ranging from decentralized exchanges like BitgertSwap to real estate platforms and payment solutions like PayBrise. This versatility makes Bitgert more than just a fast blockchain—it’s a complete eco 4. Regulatory Concerns

Toncoin still faces lingering regulatory uncertainties due to its association with Telegram’s initial blockchain efforts. While these concerns have become less intimidating since the project became community-run, they continue to cast a shadow. Bitgert, on the other hand, does not carry this baggage

Conclusion: Bitgert’s Edge Over Toncoin

Toncoin is undoubtedly a strong contender in the blockchain space, with solid fundamentals and a promising future. However, Bitgert’s superior transaction speed, nearly nonexistent fees, and a more comprehensive eco give it the upper hand. For investors looking for a blockchain that balances speed, cost-efficiency, and innovation, Bitgert offers a better value than Toncoin

Grab your own $BRISE token at Gate.io, PancakeSwap, MEXC, and KuCoin!

Step 1: Register on the exchange

Step 2: Choose a payment method

Step 3: Buy $BRISE

Buy $BRISE on Bitgert website today. Visit bitgert.com.

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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POPCAT has achieved a remarkable milestone by surging past its all-time high of $1.0094, igniting excitement among traders and investors alike. This breakout signals a powerful bullish momentum, ing a re-uation of the asset’s potential for further gains. As the market reacts to this significant price movement, understanding the underlying technical factors and market dynamics is crucial for forecasting future price action

In this technical breakdown, we will analyze the recent surge of POPCAT past its previous all-time high of $1.0094, focusing on the technical indicators and market conditions that have contributed to this breakout. By examining key support and resistance levels, as well as the potential for a continued bullish trajectory, we will assess the implications of this price action for traders and investors

Additionally, the article will explore potential scenarios for POPCAT’s price movement, providing insights into what to expect in the coming days and how market sentiment may influence future trends.

Analyzing Technical Indicators After New Peak

On the 4-hour chart, POPCAT has demonstrated impressive bullish momentum, breaking above both the 100-day Simple Moving Average (SMA) and its previous all-time high of $1.0094. Reaching a new all-time high marks a critical milestone for the meme coin, as it validates the positive trend and opens the door for potential new highs.

POPCAT surges to a new all-time high | Source: POPCATUSDT on Tradingview.comAn analysis of the 4-hour Relative Strength Index (RSI) reveals a renewed upward potential, as the RSI has climbed back to 68% after dipping to 45%. This upward shift indicates increasing buying pressure. If the RSI continues on this trajectory, it could signal more upside movements for POPCAT, paving the way for new highs, and reinforcing the bullish trend.

Related Reading

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Furthermore, the meme coin has fully positioned itself above the daily 100-day SMA, indicating a strong positive pressure after surpassing its all-time high of $1.0094. As the price breaks through previous resistance levels, it attracts more buyers, enhancing the likelihood of a sustained uptick and fortifying the overall optimistic outlook for POPCAT in the near term.

POPCAT demonstrating firm movement after hitting new all-time high | Source: POPCATUSDT on Tradingview.comAlso, the RSI on the daily chart is currently at 74%, having previously dropped to 59%. An elevated RSI level implies that POPCAT is in overbought territory, reflecting strong buying pressure and heightened enthusiasm in the market. While such high readings may signal potential exhaustion in upbeat momentum, the lack of immediate indications for a pullback shows that bullish sentiment remains strong.

Support And Resistance Levels: Navigating The New Terrain For POPCAT

Support Levels: The immediate support level to watch is the $1.0094 mark, which may act as a psychological level for buyers. Should it fall below this range, the next significant support could be found around the $0.80 mark, serving as a strong base for possible rebounds.

Related Reading

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Resistance Levels: On the upside, the next resistance level can be anticipated at around $1.5, where sellers may emerge to take profits. If POPCAT manages to breach this level, it could lay the foundation for further gains, potentially targeting $2 and beyond.

POPCAT trading at $1.23 on the 1D chart | Source: POPCATUSDT on Tradingview.com

Este artículo también está disponible en español.

In contrast to popular bullish sentiments, Bitcoin began October on a bearish note, recording a price decline of over 7% in the first three days of the month. However, while the BTC market experienced an uptick on Friday as data from the US Labor Department indicated incoming rate cuts, investors have generally retained a cautionary approach.

Related Reading

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Bitcoin Fear And Greed Index Touches 37 As Investors Become Uncertain

In a Quicktake post on CryptoQuant, an analyst with username maartunn shared that the Bitcoin Fear and Greed Index currently signals fear following the asset’s recent price slump

The Fear and Greed Index generally measures the emotions, moods, and behaviors of the crypto market as well as predicts potential trends based on investor sentiment. The index operates on a 0-100 scale, where values above 50 indicate greed, with anything over 74 representing extreme greed, while values below 50 signal fear, and under 24, extreme fear.

According to maartunn, the Fear and Greed Index is presently at 37, indicating that many investors are cautious about adding the leading cryptocurrency to their portfolio. In particular, the analyst notes that each time the Fear and Greed Index reached the fear level since 2023, Bitcoin’s price has formed a bottom, i.e. reached the lowest point during a price decline, and is set for price reversal

Notably, Bitcoin already showed an upward movement on Friday after starting October with a price decline. However, it cannot be said that the price bottom has now occurred as Bitcoin’s daily chart shows the asset is still far above its next significant support level following months of consolidation between $55,000 – 70,000.

Although, if the premier cryptocurrency has bottomed out, it could be heading for a price breakout in line with popular expectations for a bullish “uptober”. For context, October has proven to be the most frequent bullish month for Bitcoin resulting in an average gain of 22.90% in the last 11 years.

Source: CryptoQuant Related Reading: Bitcoin Price Dip Explained: Key Causes And Where To Expect A Bounce Back To $70,000

Dominant Activity Of Stablecoins Supports Fear And Uncertainty Among Investors

In addition to the Bitcoin Fear and Greed Index of 37, the crypto market has also experienced an increase in market activity of stablecoins namely the Tether USD (USDT) and USD Coin (USDC)

This development indicates that investors are opting for less volatile assets than risky coins such as Bitcoin, which is often due to uncertainty and fear of impending price crash. CryptoQuant analyst BaroVirtual has attributed this fear to several factors including weak retail market participation, rising geopolitical tensions in the Middle East, as well as the SEC’s hesitation to launch a Spot Ethereum ETF Options.

At the time of writing, Bitcoin continues to exchange hands at 62,071 following a 2.17% gain in the last day. Meanwhile, the token’s daily trading volume is down 17.91% and valued at $29.71 billion.

BTC trading at $61,901 on the daily trading chart | Source: BTCUSDT chart on Tradingview.com

Este artículo también está disponible en español.

Bitcoin, which started the month on a negative note, has begun to regain some positive momentum and is up by 1.66% in the past 24 hours. This recovery comes amid renewed optimism in the crypto space, as traders and investors remain hopeful for a solid finish to the year. In a recent post on social media platform X, popular crypto analyst Inmortal revealed Bitcoin is still on its way to creating a new all-time high very soon. The only thing the bulls need to do is to ensure a break above the $64,000 price tag

Related Reading

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Bitcoin New All-Time High Coming Soon?

The general consensus is that Bitcoin is going bullish in October, although different analysts have varying outlooks as to how this will happen. Taking to his social media account, Inmortal noted that the only prerequisite for a new Bitcoin all-time high is for the price to break above $64,000. According to an accompanying Bitcoin/TetherUS chart, this price level is situated just above the October monthly open. This means a sustained break above $64,000 would nonetheless translate to a green monthly close in October

Breakout above 64k = New ATH$BTC pic.twitter.com/mUvDN5sTyi

— Inmortal (@inmortalcrypto) October 4, 2024

Interestingly, Inmortal had noted in an earlier X post that Bitcoin’s drop from $66,000 on September to $60,000 on October 2nd feels like the flagship digital asset has reached a local bottom. This is because Bitcoin seemed to retest this level three times before eventually rebounding upwards. However, he did clarify that this is only based on a hunch because there is no market structure break or confirmation yet. Interestingly, this local bottom sentiment is supported by analysis from a CryptoQuant analyst known as “caueconomy.”

Bitcoin is now trading at $62,395. Chart: TradingViewInmortal further emphasized that he is currently only interested in taking long positions on Bitcoin, and he has identified two specific entry points for these trades. The first opportunity would arise if Bitcoin retests the $60,000 low, providing a potential buying window at a key support level. The second entry point, according to his analysis, would be triggered by a breakout above the $63,000 price level

What’s Next For Bitcoin?

At the time of writing, Bitcoin is trading at $62,200 and has already gained 3.5% from the October 3 low. However, the flagship cryptocurrency is still down by 5.7% in seven days and there remains the possibility of a break to the downside in the short term.

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Another popular crypto analyst known pseudonymously as Kaleo suggests that there may be another retest of lower levels before Bitcoin resumes its upward trajectory. Specifically, he anticipates that Bitcoin could dip to around the $57,000 to $58,000 range, testing support in that area before ultimately reversing course and going higher for the rest of the month of October and after the US election in early November.

Featured image from CNBC, chart from TradingView

Shiba Inu (SHIB), Dogecoin (DOGE), and BlockDAG (BDAG) are making headlines, each achieving significant milestones.

SHIB has recently experienced a significant increase in its burn rate, boosting its market value notably. Dogecoin has successfully overcome a major price resistance, demonstrating strong market confidence. However, BlockDAG eclipses both with an alluring 50% bonus offer on coin purchases, making it an offer too tempting to overlook.

This offer, which concludes on October 14, has propelled the demand for BDAG coins to new heights, with presale totals surpassing 84.5 million. Early holders of the coin have witnessed an 1820% surge in price, cementing strong faith in BlockDAG’s promising future.

SHIB’s Burn Rate Soars: Triggers Price Surge

The Shiba Inu (SHIB) token has seen its burn rate skyrocket, with an astonishing 1.88 billion coins being destroyed in a single day—a 33,000% increase. This significant decrease in supply led to a 21% rise in SHIB’s price, which is now trading at $0.00001932.

A mysterious wallet was largely responsible for these burns, significantly impacting the price elevation. This burn event has rekindled interest and activity around the token, as evidenced by a 223% increase in trading volume.

Dogecoin Breaks Through $0.111 Resistance, Targets Higher Values

Dogecoin recently surpassed the $0.111 resistance threshold, indicating a positive shift in market sentiment. This increase reveals a strong upward trend, supported notably as 62,270 addresses now control over 36 billion DOGE, suggesting strong community support and the potential for further price increases.

Currently, Dogecoin is trading at approximately $0.1133 on Binance, marking a 4% rise over the past day and an 11.50% increase over the past week. With no significant supply barriers in sight, Dogecoin could realistically aim for the $0.150 mark.

BlockDAG’s 50% Bonus Wraps Up on October 14

The countdown to the expiration of BlockDAG’s enticing 50% bonus is underway, ending on October 14. To take advantage of this offer, users need to enter the code BDAG50 at checkout, which will add 50% more coins to their purchase, enhancing any holding size.

This promotion has attracted over 140,000 enthusiasts, inflating the presale total to over 84.5 million. The draw isn’t just the bonus; it’s also the remarkable ascent of the coin from a mere $0.001 to a notable $0.0192. Early holders who participated in the initial presale are now celebrating a stunning 1820% ROI.

The recent launch of BlockDAG’s testnet has further fueled the excitement, attracting a wide array of developers and holders globally. The anticipated introduction of a new platform and website is keenly awaited, promising to invigorate the BlockDAG community even more.

Every step in BlockDAG’s journey is marked by innovation, attracting nods from the crypto-savvy crowd. The whales are diving deep, placing multi-million dollar bets on BDAG’s success. Insider talk in expert circles suggests that BDAG might escalate to $20 by 2027 and could soar to $30 by 2030.

Should these forecasts materialize, current coin holders could be looking at substantial returns in the next few years. Many have already seized this lucrative opportunity. With the 50% bonus drawing to a close, now is a pivotal moment to join the BDAG movement.

Concluding Thoughts

While SHIB’s strategic burn rate has led to notable price appreciation, and Dogecoin’s overcoming of resistance suggests potential for further gains, BlockDAG currently stands as the top-trending crypto. Early participants in BDAG have already secured an ROI of 1820%. With a forecast aiming towards $30 per coin, those who act quickly to take advantage of the 50% bonus could witness exceptional returns in the forthcoming years.

Learn About BlockDAG – Act Now Before Prices Increase:

Presale:

Website:

Telegram:

Discord:

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

The crypto scene is alive with activity, from top memecoins boosting regular investors to wealth, to big projects offering substantial rewards.

PEPE Coin is currently one of the most profitable memecoins for early investors. Shiba Inu (SHIB) is also experiencing strong growth, with a 43% increase in just over a week.

There’s also a fresh crypto initiative giving away free coins. BlockDAG is in the news for its large $1 million giveaway, where just $100 in BDAG could turn into $20,000 for 50 lucky winners.

As BDAG’s price rises and presale batches sell out quickly, early traders are set for big wins. Keep an eye on these developments as they make significant strides in the crypto world!

Early Buyers Become PEPE Millionaires

The crypto community is buzzing about PEPE Coin, which has soared by 29,270% in just a few months, rewarding early backers handsomely. Beginning as just a fun meme coin, PEPE quickly showed that even playful tokens could be profitable.

PEPE proves that great rewards can come from surprising sources. Its rapid rise is a lesson that in the crypto world, fortunes can be made swiftly by catching the right wave at the right time. Yet, with more stable crypto options appearing, it’s uncertain how long PEPE can maintain its strong performance.

Shiba Inu’s Outlook is Promising

Shiba Inu (SHIB) has been in the spotlight with a remarkable 43% rise over the past nine days, hitting a 10-week peak of $0.000019. This growth is driven by more on-chain activity, including a spike in trading volume and large transactions.

On September 26, trading volumes reached 1.19 billion SHIB, with 27 transactions over $1 million each, indicating strong interest from big investors. The Shiba Inu eco is also benefiting from innovations like liquid staking on the Shibarium network and an increasing rate of SHIB being burned. While the excitement is tangible, experts recommend caution as short-term price drops could happen. Nevertheless, SHIB’s momentum has many traders watching for its next big jump to $0.000043.

Hottest Offer In Crypto History: Win $1M Worth BDAG Coins

BlockDAG is heating up, and its $1M giveaway is turning up the heat even more. Presale batch 23 is selling quickly, and BlockDAG has already pulled in over $84.5 million with 13.2 billion BDAG coins sold.

Right now, BDAG is priced at $0.0192, but this is just the start. The recent $1M giveaway has grabbed the attention of the crypto community, especially since owning just $100 in BDAG could lead to winning a $20,000 prize for 50 lucky winners.

So, what’s driving this excitement? Early buyers are recognizing its true value, seeing an 1820% increase since the first batch, with future projections suggesting a 20,000x ROI. As more people enter the presale to qualify for the giveaway, the demand for BDAG is climbing.

This is where early buyers could see the greatest gains. With each new batch, the price goes up, making those initial buying increasingly valuable. BlockDAG’s $1 million giveaway is more than a marketing tactic—it’s a move to build a community that rewards loyalty and savvy buying in crypto.

Which Crypto is Catching Eyes?

The crypto landscape is rapidly changing, with top memecoins like PEPE Coin and Shiba Inu achieving notable gains. As interest in these coins increases, BlockDAG is drawing attention with its $1M giveaway and fast-selling presale batches. With BDAG’s price at $0.0192 and early buyers already seeing significant returns, the momentum behind BlockDAG is clear.

For those who missed out on PEPE or SHIB, now might be the perfect time to get in early and tap into BDAG’s potential. BlockDAG’s robust presale results and attractive rewards point to it potentially becoming the next big thing in the race for crypto profits.

Learn About BlockDAG – Act Now Before Prices Increase:

Presale:

Website:

Telegram:

Discord:

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.