In the cryptocurrency landscape, Polkadot and Chainlink have demonstrated impressive growth. Polkadot targets a price above $6.50, generating buzz among market participants. Simultaneously, Chainlink has appreciated by 10% recently, attributed to substantial interest from large-scale buyers.
In this positive market environment, BlockDAG has captured headlines by forming a partnership with UFC Light Heavyweight Champion Alex Pereira. This alliance has played a crucial role in enhancing BlockDAG’s market presence, leading to a successful presale of over $60.4 million from twenty batches.
Will Polkadot Maintain Its Ascend Above $6.50?
Polkadot continues to show a strong uptrend, recovering from a recent low of $4.94 and aiming for prices over $6.50. Despite a brief drop below the 20-day SMA, it quickly rebounded to $6.11 and is now priced at $6.32, with a 2.31% increase in the current session.
Polkadot could aim for $7 if this upward trend persists, potentially encountering resistance at $7.40. Conversely, a decline might see it retreating to the 20-day SMA or the $6 support level.
Chainlink Draws Whales, Cuts Exchange Supply
Due to heightened demand and significant whale purchases, Chainlink has seen its price jump 10% in the past week. Investors have withdrawn over $110 million in LINK tokens from exchanges, a sign of bullish sentiment. Despite a total acquisition of approximately 10 million LINK, valued at around $120 million, by whales, Chainlink’s price might still face challenges, as indicated by its Chaikin Money Flow (CMF) remaining below zero. Should the uptrend continue, prices might reach $15.56, although a downturn could push them below $14.
BlockDAG Elevates Market Position through Alex Pereira Partnership
BlockDAG has made a strategic leap by enlisting UFC Light Heavyweight Champion Alex Pereira as its official brand ambassador. This key endorsement boosts BlockDAG’s profile and aligns it with a persona embodying strength and perseverance, reflecting the core values of BlockDAG’s market strategy. The association with Alex Pereira is poised to draw widespread attention and foster confidence among investors, sparking a surge in sales and investments.
Alex Pereira’s influence has markedly impacted BlockDAG’s market performance, leading to over 9,606 mining units being sold during the initial 20 presale batches and generating $3.9 million in revenue. Furthermore, this partnership has facilitated the raising $60.4 million from the sale of more than 12.2 billion BDAG coins.
The significant boost from this celebrity partnership enhances presale efforts and solidifies community faith in BlockDAG’s vision. The swift uptake of BDAG coins and mining units cements BlockDAG’s position as a leading entity in the cryptocurrency realm.
Moreover, the presale achievements are a robust indicator of investor confidence and backing. Marked by strong support during the presale phase, these accomplishments herald BlockDAG as an enticing investment prospect. The momentum gained through Alex Pereira’s endorsement keeps BlockDAG at the cutting edge of the crypto industry, extending an invitation to investors seeking promising opportunities.
Final Thoughts
BlockDAG distinguishes itself with innovative strategies and the backing of UFC champion Alex Pereira. While Polkadot aims for a breakout above $6.50 and Chainlink experiences significant whale activity, BlockDAG’s presale achievements are particularly noteworthy.
With over $3.9 million from miner sales and $60.4 million from the sale of over 12.2 billion BDAG coins, BlockDAG demonstrates immense potential and investor trust, marking it as a top cryptocurrency to invest in.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
The post Amid Bullish Trends of ChainLink and Polkadot, BlockDAG Secures $60.4M in Presale with Endorsement from UFC Champion appeared first on Crypto News Land.
