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BlockDAG Dominates with $5M Raise as MOVE & CRO Also Rally

BlockDAG Becomes Top Trending Crypto, Raising $5M in Just 48 Hours—Despite MOVE & CRO Surge, BDAG Remains the Top Pick

MOVE is seeing a revival after Movement Network ended its association with a market maker implicated in token offloads. A $38 million buyback and substantial purchases by large holders, totaling $185 million, suggest a shift in sentiment. Prices are overcoming resistance, with forecasts suggesting a rise to $0.90 and potentially $1.11 if the trend continues. Meanwhile, CRO has seen a 36% increase over three days following the conclusion of an SEC inquiry into Crypto.com. Talks of an ETF collaboration with Trump Media further boost its prospects, although concerns about reintroducing 70 billion tokens loom, posing potential risks.

Yet, those seeking enduring value might find BlockDAG (BDAG) more compelling. After Keynote 3, BlockDAG’s live Beta Testnet is successfully handling over 1.2 million transactions across more than 100 nodes, demonstrating functional, ready-to-use tools. It secured $5 million within just 48 hours, boosting its presale total to over $210 million. Priced at just $0.0248, BDAG presents significant growth potential.

While MOVE and CRO are recovering based on recent developments, BlockDAG is methodically building a robust and scalable ecosystem.

Is MOVE Poised for a Major Uptick?

Movement Network’s MOVE token is displaying strong market signs after severing connections with a market maker suspected of token offloads. Post-separation, large holders snapped up 400 million MOVE—valued around $185 million—within a day, reflecting regained trust.

The network initiated a $38 million buyback using reclaimed funds to bolster its ecosystem. This move has ignited a 7% rise in price, propelling MOVE above a crucial descending triangle.

Chart analyses now indicate a bullish shift, with MOVE likely heading towards $0.90 and possibly $1.11 if momentum persists. Indicators like the Chaikin Money Flow are also signaling increased buying activity.

CRO Climbs 36% After SEC Clears Crypto.com

Cronos (CRO), Crypto.com’s token, is back in the spotlight after the SEC concluded its probe into the company, leading to a sharp 36% surge in CRO price within three days. Enhancing this uptick, Trump Media has announced potential collaboration plans with Crypto.com to examine crypto-based ETFs.

However, this excitement comes with its challenges—crypto analyst ZachXBT has voiced concerns regarding Crypto.com’s potential reissuance of 70 billion CRO tokens previously removed from the market, raising alarms about possible price impacts.

Despite these issues, positive market sentiment prevails. If CRO maintains its current trajectory, it could soon revisit $0.115 and potentially $0.134. If the trend reverses, support is expected around $0.10 and $0.085.

BlockDAG’s Testnet Success: Swift $5M Funding Boost in Two Days

BlockDAG’s recent Keynote 3 event marked a significant milestone with the introduction of Beta Testnet V1, showcasing the power and readiness of this Layer 1 technology. The testnet has efficiently handled over 1.2 million transactions and is supported by more than 100 active nodes. Users are already benefiting from early access to functionalities like a live explorer, tools for token and NFT creation, and functional decentralized applications. This platform is more than a prototype; it’s the groundwork for a scalable, operational blockchain.

This launch generated substantial momentum, culminating in a rapid $5 million funding increase within 48 hours, elevating the crypto presale total to over $210 million. With BDAG priced attractively at $0.0248 in Batch 27, enthusiasts are eager to participate before the opportunity diminishes. This growth isn’t just excitement—it’s tangible progress with a robust infrastructure and increasing adoption.

As BlockDAG prepares for its mainnet, DeFi tools, and upcoming exchange listings, its pace of development positions it as one of the fastest-growing projects in the sector. The Beta Testnet serves not merely as a trial but as a springboard for further expansion, and the initial figures suggest strong momentum.

Key Insights from Recent Developments

MOVE’s recent recovery demonstrates the impact of decisive restructuring and robust community engagement. Its technical indicators are improving, suggesting potential for continued price increases, though these depend on ongoing transparency and steady funding. CRO has gained from a clear SEC investigation, yet the uplift from regulatory relief could diminish if concerns about its tokenomics reemerge. Both tokens show promise but face uncertainties that could affect their sustained performance.

In contrast, BlockDAG sets itself apart with the launch of its Beta Testnet V1, which not only operates real transactions but also offers early-stage tools for tokens, NFTs, and apps. This is a clear indication of its capability and readiness.

The platform’s appeal is further reinforced by the enthusiastic response from over 800,000 X1 app users and the sale of 19 billion coins, reflecting a growing community. The quick $5 million raised post-Keynote 3 indicates a strong market interest, setting the stage for its upcoming exchange debuts.

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The text above is an advertorial article that is not part of bitcoininfonews.com editorial content.

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