Recent trends in the cryptocurrency market have shown a significant upward trajectory for both Polkadot and Chainlink. Polkadot (DOT) is eyeing a move above $6.50, sparking excitement among traders and investors. Meanwhile, Chainlink (LINK) has seen a 10% surge in the past week due to high demand and whale accumulation.
Amid these bullish trends, BlockDAG has made waves by partnering with UFC Light Heavyweight Champion Alex Pereira. This strategic move has significantly boosted BlockDAG’s visibility, helping it achieve remarkable presale success, raising over $60 million across 20 presale batches.
Polkadot Price Prediction: Can It Sustain Gains Above $6.50?
Polkadot (DOT) has been on a consistent upward trend, with its price recovering from a low of $4.94. It has since gained momentum, pushing past critical resistance levels and aiming for a move above $6.50. Over the past week, DOT experienced a dip below the 20-day SMA but quickly recovered, settling at $6.11. Buyers retained control over the weekend, pushing DOT to $6.32.
The current session shows DOT up by 2.31%, with buyers testing the $6.50 level again. If DOT can maintain this momentum and push above $6.50, it could potentially target $7 and face resistance at $7.40. However, if sellers regain control, DOT may drop back towards the 20-day SMA or its support at $6.
Chainlink (LINK) News: Whale Accumulation & Exchange Withdrawals
Chainlink (LINK) has witnessed a 10% price increase in the past week, driven by high demand and whale accumulation. Over $110 million worth of LINK tokens has been withdrawn from exchanges, signalling bullish investor sentiment. This negative exchange netflow indicates less selling activity and suggests a strong buying trend among investors.
Additionally, LINK whales holding between 100,000 and 1,000,000 tokens have accumulated over 10 million LINK in the past two weeks, totalling around $120 million. Despite this bullish activity, LINK’s Chaikin Money Flow (CMF) remains below the zero line, indicating a possible price pullback. If LINK continues its uptrend, it could climb to $15.56, but a bearish divergence might cause its value to fall below $14.
BlockDAG Partners with UFC Champion Alex Pereira, Boosting Market Presence
BlockDAG has taken a significant step forward by sponsoring UFC Light Heavyweight Champion Alex Pereira as its official brand ambassador. This strategic move enhances BlockDAG’s visibility and aligns its brand with a figure known for dominance and resilience, mirroring BlockDAG’s market approach. Alex Pereira’s partnership is expected to attract attention and trust from a broad audience, igniting sales and investment enthusiasm.
The impact of Alex Pereira’s sponsorship has already been substantial, with BlockDAG crossing an impressive milestone of 9500 miner units sold within the first 20 batches of its presale, raising $3.9 million. It has also raised over $60 million by selling over 12.2 billion BDAG coins.
This success highlights the effectiveness of celebrity endorsements in amplifying presale campaigns and underscores the community’s trust and anticipation for BlockDAG’s potential. The rapid acquisition of BDAG coins and mining units positions BlockDAG as a formidable player in the crypto market.
Furthermore, BlockDAG’s presale success is a testament to early investors’ confidence and support. This achievement, marked by substantial backing in the presale phase, establishes BlockDAG as a promising investment opportunity. The momentum created by Alex Pereira’s partnership ensures that BlockDAG remains at the forefront of the cryptocurrency market, inviting potential investors to be part of a promising future.
Final Say
BlockDAG is setting itself apart with its innovative strategies and partnership with UFC champion Alex Pereira. While Polkadot aim for a breakout above $6.50 and Chainlink is witnessing significant whale accumulation, BlockDAG’s presale progress is noteworthy. It has garnered over $3.9 Million from a sale of over 9500+ miners and $60 million from a sale of over 12.2 billion BDAG coins, demonstrating immense potential and investor confidence. This remarkable success highlights BlockDAG as a top crypto to buy, offering a promising investment opportunity.
Join BlockDAG Presale Now:
- Website: https://blockdag.network
- Presale: https://purchase.blockdag.network
- Telegram: https://t.me/blockDAGnetworkOfficial
- Discord: https://discord.gg/Q7BxghMVyu
