In the latest Ethereum news, the network has seen its burn rate drop to a yearly low, hinting at potential changes in transaction activity and raising questions about its impact on smart contracts. Meanwhile, Bitcoin faces its own set of challenges with a recent price drop tied to significant market liquidations.
As these major players face challenges, BlockDAG’s presale is gaining momentum as it sets eyes on the top 30 ranking on CoinMarketCap. The presale has soared to a staggering $67.2 million. With BlockDAG breaking presale records and gaining visibility, BDAG coin’s growth shows no signs of slowing down.
Bitcoin Price Drop Continues as Market Faces Liquidations
Bitcoin price drop has captured attention as the cryptocurrency fell below the $60,000 mark, continuing its decline to an intraday low of $58,269. This 4% drop comes amid significant liquidations across the crypto market, with Bitcoin leading the charge at $41.31 million.
Despite a 52% increase in global trading volume, activity remains subdued compared to the previous week, reflecting cautious sentiment among traders. While some analysts remain hopeful for a recovery if economic conditions improve, the current Bitcoin price drop highlights ongoing market volatility. Investors are keeping a close watch as the situation unfolds.
Ethereum Burn Rate Dips & Network Activity Slows Down
The Ethereum burn rate recently hit a yearly low, with only 210 ETH burned on Saturday, marking a significant drop in network activity. This decline is attributed to lower gas fees, which fluctuated between 1 and 2 gwei, leading to reduced transaction costs and a decrease in the amount of ETH burned.
The lowered burn rate has resulted in a net ETH emission of over 2,000 ETH, raising concerns about potential inflation. As the Ethereum community discusses possible strategies to address this, the current Ethereum burn rate highlights the ongoing shifts in network dynamics.
BlockDAG: From CoinSniper Glory to CoinMarketCap Fame
BlockDAG’s market presence skyrocketed after it secured the #1 ranking on CoinSniper, a milestone that turbocharged its presale and sent prices soaring. BlockDAG is now eyeing the top 30 ranking by market cap on CoinMarketCap, with its visibility and credibility set to reach new heights. This anticipated ranking will boost BlockDG’s market presence and increase BDAG coin’s value, drawing even more holders eager to be part of this rising layer 1 coin in the crypto market.
These milestones aren’t just boosting BlockDAG’s reputation but laying the groundwork for explosive growth. As more eyes turn toward BlockDAG, its increasing visibility has increased interest among crypto enthusiasts who recognise BlockDAG’s potential for high returns.
Following this momentum wave, BlockDAG has already seen an astonishing 1680% price increase from batch 1 to batch 22, raising $67.2 million and selling over 12.7 billion BDAG coins. While other coins are experiencing ups and downs that have triggered widespread crypto liquidations, BlockDAG’s price is consistently climbing.
The clock is ticking, and those joining BlockDAG’s presale early on are positioning themselves to take advantage of its upward trajectory. With the presale steadily advancing and each new batch seeing a price surge, the opportunity to get in at a lower price is slipping away for buyers.
Don’t Miss the Next Big Surge
Bitcoin’s recent price drop and Ethereum’s declining burn rate underscore the uncertainty many coins face. However, in this fluctuating environment, BlockDAG stands out with its consistent upward trajectory, continuing to gain momentum. With a presale that has already raised $67.2 million and eyes a landing in the top 30 rankings on CoinMarketCap, BlockDAG is positioning itself as a strong contender in the crypto space. For those ready to seize the moment, the opportunity to get in on BlockDAG’s growth before it skyrockets further is becoming increasingly limited.
Act Before Prices Rise:
- Website: https://blockdag.network
- Presale: https://purchase.blockdag.network
- Telegram: https://t.me/blockDAGnetworkOfficial
- Discord: https://discord.gg/Q7BxghMVyu
