BlockDAG Achieves $63.9M in Presale, Led by Ex-SPIRIT Blockchain Leader Antony Turner; Updates on NEAR Liquidation & Bittensor
Recent trends in Near Protocol liquidation highlight a bleak scenario as its value has fallen to $5.94, reflecting a 5% decline over the last week. This downturn defies traders’ expectations of a market rally. Meanwhile, Bittensor (TAO) stands strong, maintaining stability despite the shifting market influenced by wider crypto trends.
Under the adept leadership of CEO Antony Turner, a veteran in blockchain and technology, BlockDAG (BDAG) has risen as a standout cryptocurrency, amassing a remarkable $63.9 million in its presale. This anticipation around the leadership’s unveiling points to BlockDAG’s potential to rocket into the top 30 rankings on CoinMarketCap upon its debut.
Contents
Exploring Near Protocol’s Recent Liquidations
Currently, Near Protocol is priced at $5.94, having dropped nearly 5% in the past week. This decline has significantly affected futures traders who were betting on a price surge, resulting in considerable liquidation events in Near Protocol. In the unpredictable realm of cryptocurrency derivatives, these liquidations occur when market movements are contrary to what traders predict.
In the past week, the amount of liquidated long positions in Near Protocol has reached approximately $2.31 million as reported by Coinglass. Despite these challenges, there is still notable interest in maintaining long positions in Near Protocol’s futures market, with the current funding rate on several exchanges being 0.0047%.
Monitoring Bittensor (TAO)’s Stability
After a dramatic drop of over 70% as analyzed on July 4, Bittensor (TAO) found its footing at a support level of $190. From this base, Bittensor’s price began an upward trajectory, reaching $270. This recovery continued until the price hit $360, where it encountered resistance that curbed its ascent.
The rally was influenced by the broader cryptocurrency market’s uptrend and the news of Grayscale’s new fund focusing on decentralized AI technologies, including Bittensor.
BlockDAG Soaring to New Peaks with CEO Antony Turner at the Helm
BlockDAG has ignited the blockchain sector with a crucial team announcement, captivating the global cryptocurrency community with Antony Turner’s introduction as CEO. This key unveiling has stirred significant enthusiasm, disrupting the competitive field and establishing BlockDAG as a powerhouse in the cryptocurrency market.
Antony Turner, renowned for his 20 years at the helm of technology firms in the FinTech and EdTech sectors, leads BlockDAG with an extensive blockchain background. His prior position as COO at SPIRIT Blockchain Capital Inc. in Switzerland highlights his deep understanding of blockchain, ideally suiting him to navigate this trailblazing enterprise. Turner’s appointment as CEO has enhanced investor confidence, forecasting a stable and thriving path for the BDAG coin.
The cryptocurrency community has warmly embraced this news, attracting new investors captivated by the venture’s substantial promise under Turner’s leadership. His vast experience and visionary outlook are key drivers propelling BlockDAG to unparalleled heights of success. This wave of investor interest underscores the confidence and optimism in Turner’s ability to lead BlockDAG onward.
With increasing interest, BlockDAG’s presale has flourished, reaching $63.9 million with 12.5 billion coins sold. This swift progress indicates a bright future, with industry observers expecting BlockDAG to secure a spot among the top 30 on CoinMarketCap. As this journey continues, BlockDAG, under Turner’s seasoned guidance, is poised to emerge as a standout star in the cryptocurrency universe.
BlockDAG’s Distinctive Edge in Blockchain
As blockchain technology continues to revolutionize financial landscapes, BlockDAG stands out, particularly in light of Near Protocol’s liquidation and Bittensor’s steady market presence. With its impressive presale of $63.9 million under Antony Turner’s strategic guidance, BlockDAG presents exciting opportunities for investors looking to the future.
Join BlockDAG Presale Now:
- Website: https://blockdag.network
- Presale: https://purchase.blockdag.network
- Telegram: https://t.me/blockDAGnetworkOfficial
- Discord: https://discord.gg/Q7BxghMVyu
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.