BlockDAG Surges as XRP Whales Stir Crypto Waters

Global Outreach of BlockDAG, XRP Whales Stir Markets, Uniswap Defies SEC: BDAG Targets $10 by 2025

XRP whales have once again made headlines, signalling a potential market shift. Meanwhile, the Uniswap (UNI) price faces uncertainty as the platform challenges the SEC’s stance. As these traditional tokens navigate regulatory and market turbulence, BlockDAG emerges as a star, swiftly gaining traction as the best upcoming crypto of 2024. With a global presence marked by impressive showcases from Tokyo to London, BlockDAG’s presale has escalated from $0.001 to $0.009, aiming for a projected $10 by 2025, suggesting a promising future that outpaces its contemporaries.

XRP’s Whales Stir the Market

XRP whales are making waves, sparking a significant 6% increase in the cryptocurrency’s value. Recent data from Coinglass highlights an impressive surge in XRP’s trading volume by over 113%, signalling strong market interest. Meanwhile, a 12.64% rise in open interest suggests traders are gearing up for further action.

Despite the notable influence of XRP whales, the token’s price has historically shown restraint. However, current trends exhibit a bullish sentiment among traders, especially top players on Binance. If it sustains above $0.55, the next target could be the $0.60 resistance, hinting at potential upward momentum without promoting investment.

Uniswap Challenges SEC’s Stance on Crypto

Uniswap Labs is actively contesting a possible enforcement action by the US Securities and Exchange Commission, which could impact the Uniswap (UNI) price. The company’s 40-page defence document argues that crypto tokens should not be classified as securities. This stance challenges the SEC’s broad application of regulatory terms.

Marvin Ammori, the Chief Legal Officer at Uniswap Labs, has vocally opposed the SEC’s efforts to label tokens as investment vehicles. He asserts that tokens should be seen as digital files for value transfer rather than traditional securities. This disagreement extends to the SEC’s interpretation of LP tokens used in liquidity pools, which Uniswap argues are more like accounting mechanisms than investment tools, potentially influencing the Uniswap (UNI) price.

BlockDAG Captivates Global Audiences: From Tokyo to London

BlockDAG made its global tour with a splash at Tokyo’s Shibuya Crossing, captivating viewers with a stunning keynote video showcasing its innovative crypto solutions. The event set a high bar for excitement and showcased BlockDAG’s ambitious plans, highlighting its potential to revolutionise crypto mining and trading. This launch positioned BlockDAG as a contender for the best upcoming crypto of 2024.

The buzz continued in Las Vegas, where the iconic Sphere became the backdrop for another major BlockDAG event. The celebration of its Technical paper v2 showcasing BlockDAG’s advanced features, including an impressive transaction speed of 15,000 transactions per second. This display underscored the company’s commitment to technological excellence and security, strengthening its claim as the best upcoming crypto of 2024.

London’s Piccadilly Circus was next, where BlockDAG celebrated its presale success and its debut on CoinMarketCap. The event was a dazzling success, boosting BlockDAG’s visibility and drawing more attention to its technological prowess. These strategic showcases have significantly enhanced the buzz around BlockDAG’s future activities and solidified its position in the race to become the best upcoming crypto of 2024.

With the presale price jumping from $0.001 to $0.009 and expected to reach $10 by 2025, along with $32.7 million raised from 9.8 billion coins sold, BlockDAG is clearly on a path to potentially dominate the crypto scene. This growth trajectory and innovative approach make BlockDAG a standout candidate as the best upcoming crypto of 2024.

BlockDAG Leads as XRP Whales Stir and Uniswap Faces SEC

In a landscape where XRP whales signal shifts and Uniswap grapples with regulatory hurdles, BlockDAG stands out, rapidly advancing as the best upcoming crypto of 2024. With a presale price climbing impressively and projections pointing towards $10 by 2025, BlockDAG not only showcases its potential at global events like London’s Piccadilly Circus but also indicates a solid investment opportunity now during its presale phase, surpassing the tumultuous waters navigated by its peers.

Join BlockDAG Now!

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

The post BlockDAG Surges as XRP Whales Stir Crypto Waters appeared first on The Merkle News.


Email

SET UP ALERTS: Sign up for early email alerts on the top news and ICOs.





Link to source