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ETH Whales & BTC Optimistic; BlockDAG’s BDAG50 Bonus Ahead of Rebranding

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ETH Whale Dumps Millions, Bitcoin Bulls Roar and BlockDAG’s BDAG50 Bonus Is Turning Heads Before Rebranding! 

This week in crypto has been buzzing with activity, particularly with significant moves from Ethereum whales and a strong sense of optimism among Bitcoin bulls, especially with the U.S. presidential election on the horizon.

However, the spotlight is on BlockDAG’s Testnet launch, which, along with the upcoming rebranding and the BDAG50 bonus offer, has significantly boosted the project’s credibility and attracted a surge of new participants eager to acquire BDAG coins. The presale has reached an impressive over $75 million, with experts suggesting a potential massive ROI, positioning BlockDAG as a top crypto contender.

Significant Sell-Off by an Ethereum Whale

In the Ethereum market, a notable whale, identified as “0xe3e”, has made waves with a massive sell-off, unloading 10,595 ETH, valued at approximately $24.7 million USDT. This whale has been consistently selling 87.56 ETH every few minutes, still holding 6,042 ETH and amassing about $39.34 million in profits, achieving a 451x return.

Conversely, another whale’s attempt to take a long position by purchasing 2,117.7 ETH didn’t pan out as hoped, resulting in a loss of $13 million over six months. On the institutional side, Ethereum is gaining traction, with ETFs now holding nearly 3 million ETH, led by major players like Grayscale, BlackRock, and Fidelity, indicating a promising long-term outlook for Ethereum despite current market fluctuations. 

Optimism Among Bitcoin Bulls Regardless of Election Outcome

Bitcoin enthusiasts remain confident that the cryptocurrency’s value will climb irrespective of who wins the upcoming U.S. presidential election. Industry experts like Tom Lee from Fundstrat and Michael Novogratz from Galaxy Digital suggest that Bitcoin stands to gain either way.

Should Trump secure a win, his pro-crypto stance, including a potential dismissal of SEC Chair Gary Gensler, could significantly boost Bitcoin. Alternatively, a victory for Kamala Harris is also seen as beneficial for Bitcoin, as Lee anticipates that a relaxed economic policy under Harris would favor riskier assets.

Geoff Kendrick from Standard Chartered has projected Bitcoin to reach all-time highs post-election, estimating a rise to $125,000 if Trump is victorious and $75,000 if Harris wins. For Bitcoin supporters, the future looks bright regardless of the election’s outcome, reaffirming the bullish sentiment that Bitcoin is always a strong choice.

BlockDAG Testnet Launch Celebrated with Limited-Time BDAG50 Bonus Offer 

The BlockDAG Testnet is capturing attention and fast becoming a preferred destination for developers keen on exploring the frontier of crypto technologies. To celebrate this milestone, BlockDAG is offering a remarkable opportunity—a 50% bonus on BDAG holdings for a limited time! By using the code BDAG50 at checkout, users can enhance their purchasing power. This fantastic offer is available until October 14th, the same day BlockDAG unveils its new website and platform, marking another significant achievement in its journey.

Equipped with state-of-the-art tools like the Blockchain Faucet and Blockchain Explorer, BlockDAG is drawing an increasing number of developers to its platform. The Blockchain Faucet provides developers the ability to mint BDAG coins at no cost, offering a sandbox environment to test and explore the platform’s capabilities. Meanwhile, Blockchain Explorer facilitates real-time transaction monitoring, simplifying the development of decentralized apps, minting of NFTs, and exploration of smart contracts. 

As BlockDAG’s Testnet demonstrates its potential, it’s becoming a pivotal development in the crypto community, attracting a growing user base. The presale has already secured over $75 million, highlighting the increased interest in BlockDAG’s future. Projections show BDAG’s potential value could reach $20 by 2027, further solidifying its position as a leading cryptocurrency. 

Highlighting the Top Crypto Contender

Amidst market movements from Ethereum whales and sustained optimism among Bitcoin enthusiasts, BlockDAG is increasingly capturing the spotlight. Its Testnet launch has sparked widespread interest, drawing developers eager to leverage its innovative features. This platform is more than just an upgrade—it’s a comprehensive environment designed for building decentralized applications and experimenting with advanced blockchain technology.

With its presale reaching $75 million and hints at substantial growth for early participants, BlockDAG is establishing itself as a frontrunner in the cryptocurrency arena. The recent introduction of the BDAG50 bonus, offering a 50% boost on BDAG holdings, adds another layer of appeal for investors, emphasizing BlockDAG’s commitment to rewarding its community. 

Additionally, the upcoming rebranding and the launch of its new website and platform on October 14th signal a significant evolution in BlockDAG’s journey. For those keeping an eye on emerging opportunities in the crypto landscape, BlockDAG is becoming an essential focus—it’s poised to be a standout in 2024. 

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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.