The crypto market is in a frenzy, with Bitcoin hitting $73K for the first time and Ethereum sitting comfortably above $4K. This bullish momentum is spilling into altcoins, with XRP and SUI among the frontrunners. Notably, a recent surge in whale XRP transfers signals a potential XRP price surge. Similarly, the Sui price movement suggests a bullish outlook. BlockDAG (BDAG) has emerged as a top contender in the presale market, captivating the crypto community with its keynote debut in Tokyo and hinting at jaw-dropping 5000X returns.
XRP Whales Shuffle 118 Mln Coins As XRP Nears $0.7
XRP has witnessed a massive rise in whale transfers, with about 118 million coins being reshuffled, leading to speculation about future price movements. Most whale transactions involved accumulating XRP from Binance, while one involved dumping XRP to Bitstamp.
This surge in whale XRP transfers has coincided with an XRP price increase, which has seen a 0.39% rise over the past 24 hours to $0.6966 and a monthly increase of 31.29%. This has led to optimism about XRP’s potential price surge towards the $0.7 mark and possibly even $1. However, derivatives data suggests a possible consolidation phase ahead, with a decrease in open interest and volume.
Bullish Outlook for Sui Price
Sui has become one of the top-performing cryptos in the last few months, rising by over 345% from its lowest point in September 2023. Another notable development for Sui includes the expansion of Solend, a prominent platform within the Solana ecosystem, into the Sui blockchain by introducing Suilend. Suilend has quickly gained traction, with total deposits reaching $2.4 million and borrowings over $979k.
Sui price analysis indicates a bullish outlook, with the price rebounding to the middle line of the Bollinger Bands and surpassing the 50-day moving average. Indicators such as the RSI and MACD are also pointing upwards. The current forecast suggests a 23% potential upside, with the next target at $1.9721, the highest point this year.
BlockDAG Goes Viral After Keynote Debut
BlockDAG (BDAG), branded as the “Kaspa Killer,” has quickly gained prominence in the presale market following the debut of its keynote video on the digital displays at Shibuya Crossing in Tokyo. BlockDAG introduced its vision, value proposition, and strategic roadmap to the public in this keynote.
The keynote started by introducing BlockDAG’s value proposition, which centres around BDAG coins. These coins are the medium of exchange in BlockDAG’s economy. However, BlockDAG isn’t just minting these coins to power transactions. Through these coins, BlockDAG aims to forge a brand-new digital economy that reaches worldwide. The possibilities are endless, with an expected $100 million in liquidity post-launch, reflecting the early days of Kaspa and Bitcoin.
As for the ROI possible with BlockDAG, the keynote hints that the project is poised for returns similar to those of Bitcoin, Helium, and Kaspa. To put it into perspective, early investors could see a 5000x return upon the project’s launch, based on the initial presale price of $0.001 and the listing price of $0.05. Currently, in batch 3 of the presale, BDAG is priced at $0.002.
Last Line
Whale Ripple transfers are skyrocketing, and the XRP price is nearing the $0.7 mark, indicating optimism for further growth. Sui is also poised for substantial growth, with SUI forecasts suggesting a continuation of the uptrend. BlockDAG (BDAG) has made quite a splash in the presale market after its keynote debuted in Tokyo.
Invest In BlockDAG Today
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram:https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
The post XRP Eyes $0.7 While SUI Shows Bullish Potential; BlockDAG Presale Gains Steam Post Keynote Debut appeared first on Blockonomi.
