Price: $0.19512 -2.8068%
Market Cap: 28.62B 1.1365%
Volume (24h): 4.16B 0.2%
Dominance: 1.1365%
Price: $0.19512 -2.8068%
Market Cap: 28.62B 1.1365%
Volume (24h): 4.16B 0.2%
Dominance: 1.1365% 1.1365%
  • Price: $0.19512 -2.8068%
  • Market Cap: 28.62B 1.1365%
  • Volume (24h): 4.16B 0.2%
  • Dominance: 1.1365% 1.1365%
  • Price: $0.19512 -2.8068%
Home > Information news > BlockDAG’s $2M Giveaway Steals the Show with Over 80,000 Entries Despite TON & DOGE’s Price Hikes

BlockDAG’s $2M Giveaway Steals the Show with Over 80,000 Entries Despite TON & DOGE’s Price Hikes

Release: 2024/07/05 13:07 Reading: 330

Original author:blockchainreporter

Original source:https://coinmarketcap.com/community/en/articles/668777d137ebf93546912453

BlockDAG’s $2M Giveaway Steals the Show with Over 80,000 Entries Despite TON & DOGE’s Price Hikes

Toncoin Experiences Price Surge Amidst USDT Deposits

Toncoin (TON) has recently witnessed a 14% price increase, primarily driven by substantial USDT deposits. The influx of USDT, reaching $500 million, has significantly contributed to the upward trend of TON. The increase in USDT deposits indicates a notable inflow of capital, bolstering the price surge.

Dogecoin Undergoes Accumulation Phase

Dogecoin (DOGE) is currently undergoing a significant accumulation phase. Market intelligence from IntoTheBlock reveals substantial transactions involving at least $100,000 worth of DOGE in recent days. This increased transaction volume suggests that whales may be actively accumulating or selling off DOGE. The accumulation phase follows a recent price dip to $0.11, potentially indicating a possible resurgence.

BlockDAG's $2 Million Giveaway Sparks Excitement

BlockDAG Network's $2 million giveaway has garnered immense attention, attracting crypto enthusiasts with the allure of becoming overnight millionaires. The giveaway, offering substantial rewards to 50 fortunate community members, has generated significant buzz. Participation requires an investment of $100 worth of BDAG coins.

The tantalizing prospect of becoming a millionaire has attracted a diverse crowd to the BlockDAG community. With over 86,000 participants already registered, the giveaway encourages participants to invite friends, fostering a sense of camaraderie and shared ambition among investors.

Furthermore, the BDAG has experienced rapid price growth, currently trading at $0.014 and boasting a 1300% increase since its launch. Analysts predict that BlockDAG could potentially reach $10 by 2025, positioning it as an attractive investment opportunity. Thus, even if participants do not win the $2 million giveaway, the $100 investment in BlockDAG could potentially yield approximately $71,428 by 2025.

BlockDAG Emerges as a Promising Investment

Initiatives such as the $2 million giveaway have significantly boosted BlockDAG's popularity and market presence. The presale has already raised $55.6 million, and the giveaway is expected to further accelerate this trajectory. By engaging and expanding its community, BlockDAG strengthens its market position and fosters stronger relationships with investors, making it a compelling investment opportunity in 2024.

Conclusion

The crypto market continues to evolve, with Toncoin's price surge, Dogecoin's accumulation, and BlockDAG's $2 million giveaway dominating headlines. BlockDAG's impressive presale success and community engagement, coupled with projections of reaching $10 by 2025, make it a highly promising investment to consider.

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