Avalanche (AVAX) investors have increased their pessimistic stakes after witnessing a sharp 10% decline in price, signaling a tumultuous market mood. In a similar vein, Shiba Inu (SHIB) contends with a $100 million offload, as optimists strive to uphold the $0.000015 price point amidst escalating sales pressures.
Conversely, BlockDAG (BDAG) showcases impressive endurance and expansion. Through a pivotal alliance with UFC icon Alex Pereira as a brand representative, BlockDAG has bolstered its market presence and aspired to a lofty $600 million presale target. This collaboration highlights BlockDAG’s solid technological base and ambitious expansion plans, positioning it prominently within the cryptocurrency arena.
In the past week, Avalanche’s (AVAX) value plummeted by 10%, dropping from $29.55 to $26.19, mirroring a broader market downturn fueled by escalating uncertainties, with traders leaning towards bearish positions. Santiment's on-chain analysis shows AVAX’s Funding Rate now negative at -0.017%.
This bearish outlook is also evident in AVAX’s Addresses by Time Held indicator. The daily AVAX/USD chart shows a rounding top formation, a bearish pattern suggesting further price reductions, potentially down to $25.54.
Shiba Inu Price Forecast: Potential Fall Below $0.000015?
Shiba Inu (SHIB) is experiencing substantial sell pressure, dropping to $0.00016. Recent market exits by short-term traders hint at a possible descent below the $0.000015 mark. Despite hopes for a bullish surge post-Donald Trump's Bitcoin Nashville conference appearance, attention stayed on larger assets, leaving SHIB and other meme tokens searching for momentum.
IntoTheBlock’s Exchange Order Books data indicates a hefty sell-wall, with over 5.9 trillion SHIB offered at around $0.000017, signaling a possible $100 million offload.
Alex Pereira Collaboration Drives BDAG Toward $600M Target
BlockDAG gains significant traction by collaborating with UFC Light Heavyweight Champion Alex Pereira as its brand advocate. This substantial partnership links BlockDAG with Pereira’s commanding UFC presence, epitomizing strength, tenacity, and decisive victory. As Pereira conquers the ring, BlockDAG is set to transform the blockchain landscape with its cutting-edge technology. More than a marketing effort, this strategic association enhances BlockDAG’s exposure and cements its credibility.
The effects of this partnership are evident, marking BlockDAG as a key player in the cryptocurrency realm. With Pereira’s extensive fanbase and worldwide charm, BlockDAG makes a global impression. This affiliation not only attracts investors but also establishes BlockDAG as a prominent sponsor in a globally viewed sport, demonstrating its dedication to growth and innovation in the cryptocurrency sector.
Since engaging Alex Pereira, BlockDAG’s presale figures have surged, now aiming for an ambitious $600 million milestone. This growth reflects the market’s enthusiasm and confidence in BlockDAG, with over 12.5 billion BDAG coins already sold, raising $65.2 million, plus an additional $4.2 million from over 10,330 miners. Each presale phase has witnessed a 1600% increase in coin value, from $0.001 to $0.017 from the initial to the 21st batch.
Wrapping Up
BlockDAG’s strategic partnership with UFC champion Alex Pereira has not only elevated its visibility but also instilled significant trust in its technology and market prospects. As BlockDAG sets sights on a $600 million presale goal, it continues to draw interest from Shiba Inu & Avalanche traders. While AVAX traders navigate a bearish climate and SHIB faces selling pressures, BlockDAG thrives, offering robust growth prospects. Its alliance with Alex Pereira enhances its visibility and cements its status among the leading alternative cryptocurrencies with potential for substantial growth in the digital currency market.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu