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BlockDAG Raises $10 Million in 72 Hours as Bitcoin Reserve Streaks in the Crypto Spotlight

BlockDAG Raises $10 Million in 72 Hours as Bitcoin Reserve Streaks in the Crypto Spotlight

DailyCoinDailyCoin2024/10/14 17:12
By:DailyCoin

Cryptocurrency is gaining traction by the hour, attracting interest from governments and everyday people alike. This shift is evident in the bipartisan support for the US Bitcoin Reserve proposal, along with Litecoin’s growing momentum driven by increased network usage.

BlockDAG Raises $10 Million in 72 Hours as Bitcoin Reserve Streaks in the Crypto Spotlight image 0 BlockDAG Raises $10 Million in 72 Hours as Bitcoin Reserve Streaks in the Crypto Spotlight image 1

A big splash was made by BlockDAG backers. In just 72 hours, BlockDAG pulled in $10 million thanks to big buyer interest, and it doesn’t look like it’s slowing down.

US Bitcoin Reserve Wins Broad Support

The idea to set up a US Bitcoin reserve is catching on, with lawmakers from both parties on board. Senator Cynthia Lummis has proposed using government money to buy one million BTC, aiming to make the US the biggest Bitcoin holder worldwide.

The former President Trump and Democrat Representative Ro Khanna support this, seeing Bitcoin as an important asset for the Federal Reserve. Khanna highlighted Bitcoin’s importance in future money standards. This growing support suggests the US could cement its spot in the crypto world by keeping Bitcoin as a national reserve.

Litecoin Bounces Back

Litecoin (LTC) is on the rise again as big buyers and more activity hint at future growth. Crypto enthusiasts are piling into LTC, betting on a market shift.

Plus, the number of active Litecoin addresses has grown by 2% in the past 48 hours, showing increased interest. This surge in trading and activity might stabilize LTC, marking its solid return to form in the crypto arena.

BlockDAG Raises $10 Million in Just 72 Hours

BlockDAG quickly gathered a staggering $10 million in 72 hours, proving itself a big draw in the crypto world. With its coin price now at $0.0206, BlockDAG’s total raised funds have soared by nearly $95 million, with 14 billion coins sold since the start of the presale. This positions BlockDAG as the largest presale of the decade, earning broad interest due to significant network inflows.

The recent rollout of BlockDAG’s sophisticated testnet has showcased its solid basics, receiving high marks for its scalability and easy-to-use design. These qualities have attracted big players, strengthening trust in its future and marking it one of the top cryptos to keep an eye on.

The rush of the presale is also benefiting early supporters, as the increase in new backers indicates a likely boost in their asset worth. BlockDAG’s steady growth path points to substantial gains for early participants, as presale batch 24 nears sell-out amid ongoing network growth and rising demand.

BlockDAG Conclusions

The 4th quarter has kicked off with a bang! The US Bitcoin Reserve is securing bipartisan support, setting the US on track to become a major Bitcoin holder. At the same time, Litecoin is seeing a revival driven by strong interest from big players and more network activity.

Yet, BlockDAG’s recent explosion shouldn’t go unnoticeable, scooping up $10 million in just 24 hours and asserting its presence. With nearly $95 million raised and 14 billion coins sold, BlockDAG’s presale triumph is creating a stir. Its top-tier testnet, celebrated for its scalability and user-friendliness, has enhanced its profile, positioning it as one of the top standout crypto projects. Early backers could benefit from BlockDAG’s ongoing growth and heightened market interest.

Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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