Positioning is everything and dictates who is talking about any given cryptocurrency and, more importantly, who is investing in those projects. Most investors understand that the best crypto to buy right now is the one that has put itself in the most favorable position amongst industry leaders, miners, and bloggers.
There is talk of BlockDAG’s being listed on the major exchanges validating the market value of $20 by 2027 as early adopters’ interests peak and increase the coin’s demand. Litecoin news is also showing a recent surge among whales leaving the coin with the question, what are the whale’s intentions?
All the while, the Ethereum price prediction is on a downward spiral with a short span to make a recovery. This indicates these coin’s market position and how quickly that position can change should they make the wrong choices.
Ethereum Has a Narrow Window of Opportunity
The Ethereum (ETH) price is sitting at $2,360 per (ETH/USD), putting it up 1.5% (+$35.59) after a 3-month decline of 32.8% (-$1,153.89). It is predicted that ETH will meet resistance at $2,375, If it can hold, we could see it push past $2,400.
However, if it dips below $2,345 it will indicate bearish control at which point investors could act erratically sending the price sliding down. Ethereum has always been a power player but has steadily declined since May. Six months ago ETH would have been one of the best cryptos to buy but right now it sits at a pivot point and no one is certain which direction it will go.
Will Litecoin Whales Accumulate or Sell Off
News around the Litecoin (LTC) whales forces the community to brace itself. Litecoin is trading at $63.18, up 3.9% over the last 7 days. That is a relief for investors coming off a 30-day downward trajectory of 6%. Just a month ago LTC was trading at $67.72.
As the saying goes with huge risks, come huge rewards but there is a huge unknown, what do these whales have planned? With an uptick in transactions over $100,000, it could mean a surge in the LTC price, unless the whales intend to sell off in which case LTC could come crashing down in real time. Keeping a close eye on Litecoin in the coming days will be important.
BlockDAG’s Community Thinking Pushes it to $72.8 Million
BlockDAG is close to crossing over $73.5 million raised midway through its presale. Being listed on major exchanges is a power play that will boost the coin’s credibility, and give confidence to the BlockDAG holders, building demand for the coin and encouraging new traders to get involved.
BDAG has understood how crucial community engagement is and they have considered the community in every move they have made up to this point, being listed on these mainstream exchanges will be no different. This move would allow BlockDAG’s early adopters to reap the benefits that come from being listed on major exchanges, while also increasing BlockDAG’s visibility across major crypto platforms and the whales that frequent those spaces.
BlockDAG is in a unique position to accelerate exponentially with the Testnet launch, its easy and diverse mobile mining options and recent talk notable of partnerships and exchange listings. The coin is now priced at $0.0178, a 1680% increase since its initial launch. Increased visibility combined with the creativity and community focus BlockDAG has been employing gives the coin the capacity to hit $20 by 2027.
Price, Position, and Predictability
Any investment can see volatility, a lesson learned when the 2008 housing market crashed. However, watching key indicators closely can mitigate any losses. While Ethereum and Litecoin hover in the unknown, with the ability to go any direction, BlockDAG is taking the time to build a strong foundation with their community. Considering the earlier adopters heavily and making sure they are growing alongside BDAG seems to be the driving force behind the brand and the incredible ROI predictions.
Learn About BlockDAG – Act Now Before Prices Increase:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
