Home > Information news > BlockDAG Electrifies Crypto Scene With $2M Giveaway, 86k Contestants Join In Despite TON & DOGE’s Price Surge

BlockDAG Electrifies Crypto Scene With $2M Giveaway, 86k Contestants Join In Despite TON & DOGE’s Price Surge

Release: 2024/07/10 04:50 Reading: 261

Original author:TheNewsCrypto

Original source:https://coinmarketcap.com/community/articles/668d98f3d49e5106fd425f70

BlockDAG Electrifies Crypto Scene With $2M Giveaway, 86k Contestants Join In Despite TON & DOGE’s Price Surge

Toncoin Surges with Major USDT Inflows

Toncoin (TON) experienced a significant price increase by 14%, fueled by $500 million in USDT deposits. This capital influx has provided a strong momentum for Toncoin. As of late June, the price had risen from $14 to $7.72, before stabilizing around $7.60. The substantial USDT deposits have been a key driver of this upward trend, indicating a robust capital inflow that continues to contribute to Toncoin's growth.

Dogecoin Accumulation Gains Traction

Dogecoin is currently undergoing a rapid accumulation phase, with large transaction volumes involving over $100,000 worth of DOGE. These transactions suggest that prominent investors are actively buying or selling significant quantities of DOGE.

This surge in activity could indicate a strategic move by major investors, potentially leading to a market rebound. Despite a recent dip to $0.11, the ongoing accumulation wave may provide the necessary momentum for Dogecoin to recover and thrive.

BlockDAG's $2 Million Giveaway Captivates Crypto Enthusiasts

BlockDAG Network's $2 million giveaway has attracted the attention of crypto enthusiasts, with participants eager to win. The giveaway offers substantial rewards to 50 lucky winners in exchange for a $100 investment in BDAG coins. This opportunity has drawn a diverse crowd, with over 86,448 entries already received.

BlockDAG's community-oriented approach encourages participants to invite friends, fostering a sense of camaraderie and shared ambition among investors. BDAG is also experiencing rapid price growth, currently valued at $0.014, marking a 1300% increase since its launch. Analysts predict that BlockDAG could reach $10 by 2025, making it an alluring investment opportunity.

Even if participants don't win the $2 million, their $100 investment could potentially grow to around $71,428 by 2025. Initiatives like the $2 million giveaway have significantly boosted BlockDAG's popularity and market dominance. With $56.9 million raised in presale by Batch 19, the giveaway is set to further accelerate this growth.

Conclusion

While Toncoin surges and Dogecoin attracts big investors, BlockDAG's $2 million giveaway is capturing the imagination of the crypto community, driving widespread participation. Combined with a notable $56.9 million in presales, BlockDAG has emerged as a cryptocurrency to watch in 2024, with projections pointing to a $10 valuation by 2025.

Disclaimer: TheNewsCrypto does not endorse the content on this page. The content depicted in this press release does not constitute investment advice. TheNewsCrypto recommends readers to make decisions based on their own research. TheNewsCrypto is not responsible for any damages or losses related to the content, products, or services mentioned in this press release.

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