Cryptocurrency

BlockDAG

Market fluctuations have always been a defining feature in finance, and cryptocurrencies are no exception. This is evident in the ongoing developments with Ripple and Toncoin.Ripple’s ETF proposal, currently under SEC review, has stirred optimism around XRP’s future, though regulatory hurdles remain a massive question mark. Similarly, Toncoin’s rally has now stalled, with prices struggling below its $8 target due to softer demand.But <a href="https://blockdag.network/" rel="noopener noreferrer nofollow">BlockDAG (BDAG)</a> appears unshaken by these broader market swings. With almost $113.5 million raised and more than 14.9 billion BDAG coins sold, BlockDAG has seen significant interest from Whales, who are now pouring multi-million dollars into its presale!<h3 id="strong-ripple-etf-proposal-gains-sec-notice-what-s-next-strong">Ripple ETF Proposal Gains SEC Notice: What’s Next?</h3>Ripple’s XRP got a lift when the SEC officially noticed Grayscale’s proposal to add XRP to its Digital Large Cap Fund ETF. Although Bitcoin and Ethereum dominate the fund, a nod to include a little XRP might start something new.<h2 id="header-0"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdIkobxysohoF6YEW1cbwzDuhX04kmAsezZHnts5tyKY3Z5TaKL7w379m5UTl27nS4v60TxveOi1KbQ9ejBIgH-i3nzji2zQKynwi8vxYym7oRsDcxaM6LEjeiMvjnnTQq2CvZk-6m-isXjXJtryyGF3OS0ehcOSaCK_gNiEg?key&#61;QeYs7ZnYJ9YB-fGeDeoa23mi" /></h2>If approved, this could lead to the first U.S.-based ETF linked directly to XRP’s market price. However, with the SEC&#39;s decision still up in the air due to its careful approach to digital assets, investors remain on edge, waiting for any further developments.<h3 id="strong-toncoin-price-rally-stalls-8-target-looks-ambitious-strong">Toncoin Price Rally Stalls, $8 Target Looks Ambitious</h3>Toncoin’s current price stands at $5, facing resistance amidst sluggish user activity and underwhelming airdrops. Despite projections of reaching $8, achieving this target remains uncertain due to soft demand.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfPA3pW971M38zN2mN5q2WT3xeocd63QJOaP3TxWUkccLnrfwEu5XRuzK7_uP3C_L4-F9DW4tsJNSKFaQ-G4YhF7Gx6xg9zN0PyMcT49b91pU4Vzyui8o8_oTUXd7B4Q-bn9-nMoqQHQxBIqJxaL34H0VM9HNt5lNN6gs2bwQ?key&#61;QeYs7ZnYJ9YB-fGeDeoa23mi" />The technical outlook is mixed—the Relative Strength Index suggests weak momentum at 42.73, though a potential MACD crossover could signal a slight upward move. Toncoin’s journey to $8 appears tough, with $4.50 as critical support and $5.50 as the next hurdle to trigger any gains, especially with the number of active wallets at a six-month low.<h3 id="strong-why-whales-are-pouring-millions-into-blockdag-strong">Why Whales Are Pouring Millions Into BlockDAG</h3>Market trends are a fact of life across all financial sectors, whether in traditional investments or cryptocurrencies. Ripple’s recent ETF proposal, now tentatively approved by the SEC, has stirred hopes for potential gains, while Toncoin’s unexpected dip has added a note of caution to what had been a strong rise.These shifts remind holders of the ever-present risk of sudden downturns or unmet expectations. This sense of unpredictability is pushing many toward presale cryptocurrencies—new coins with solid technology that are often less affected by the ups and downs of the broader market.BlockDAG is emerging as a top choice in this category, catching the eye of major holders, or &#34;whales,&#34; who are placing considerable bets on its future. The presale for BlockDAG has already brought in almost $113.5 million, with more than 14.9 billion BDAG coins claimed so far. Impressively, 24 out of 45 presale batches have been purchased in just a few months, and the latest batch is seeing even greater interest, with individual purchases now surpassing $3 million each.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXddni60Jra3v4gZNwijAKCaRe90zqv20_-7KzjvasoO5mk15F7aUyq83-JR95yzx_IVVelcDCQpfmJdTkSHq9gOpXGjVJE5KZT9gNJFAiMoP6vj7ddAyQkCTWtyYq6_dW-_LLVyWs_illQqdhxqPjzomdJeUUt5cDplDzFv?key&#61;QeYs7ZnYJ9YB-fGeDeoa23mi" />What’s driving this enthusiasm? BlockDAG’s track record is impressive, with early holders seeing an ROI of 2100%. Anticipation is building, and experts predict the presale could wrap up within two months. Rumor has it that top-tier exchanges planning to list BDAG once the presale concludes, which could then push it into the upper ranks of the crypto market.With large-scale purchases pouring in and presale batches selling fast, BlockDAG appears well-positioned to make its mark and potentially usher in a new growth chapter!<h3 id="strong-in-conclusion-strong">In Conclusion</h3>From regulatory hurdles facing Ripple to Toncoin’s stalled price rally, it’s clear that even well-established assets aren’t immune to market uncertaintiesBlockDAG’s presale, however, offers a different kind of opportunity—one that appears shielded from the volatility affecting major players.With 2100% already delivered to early holders and a presale crossing $3 million, the network has now officially become a whale favorite. Some individual whale purchases have even crossed $3 million, inspiring thousands of retail holders to join BlockDAG’s success story.With presale expected to conclude in two months and major exchange listing imminent after, the sky seems to be the limit for BlockDAG’s upcoming growth!<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdHT1MDSAVPME3IjEi98nf4gBSGKi491QyMN9AgymzFQwMW8RSjn_za-5qkpxDl4Ez7ubmzTRuuAm2WME0J_7ZgqWFZZjekYmidRQOE3TBYEI-HzEOrG8B3MqCobpEGrA1lC_zTD_brT0mhEjdywzYTSMVETj38-4WQCjaeaw?key&#61;QeYs7ZnYJ9YB-fGeDeoa23mi" />Website: <a href="https://blockdag.network/" rel="noopener noreferrer nofollow">https://blockdag.network</a>Presale: <a href="https://purchase.blockdag.network/" rel="noopener noreferrer nofollow">https://purchase.blockdag.network</a>Telegram: <a href="https://t.me/blockDAGnetworkOfficial" rel="noopener noreferrer nofollow">https://t.me/blockDAGnetworkOfficial</a>Discord: <a href="https://discord.gg/Q7BxghMVyu" rel="noopener noreferrer nofollow">https://discord.gg/Q7BxghMVyu</a>

Ripple ETF & TON Slapped with Uncertainty; BlockDAG Becomes a Whale Favorite With Individual Purchases Crossing $3M!

Table of Contents

Thecryptoupdates

Other articles published on Nov 6, 2024

Sui Price Prediction for Today, November 6 – SUI Technical Analysis

Shiba Inu (SHIB) Burn Rate Skyrockets 3,674% Amid Price Revival

Ripple CEO Acknowledged In World Economic Forum New Report

Cryptocurrency Prices Rise with New Token Buzz

Cyprus Extends Suspension of FTX Europe: Lingering Fallout from Collapse

Kraken Tightens Up: Layoffs, New Co-CEO, and a Strategy Shift Amid a Crypto Industry Reset

Join our free newsletter for daily crypto updates!