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BDAG Updated Dashboard, BCH Price Drop, Aptos News

Published

8 months ago

16 May, 2024

DISCLAIMER: This article is a SPONSORED press release and does not constitute Finbold editorial content. Crypto assets/products carry significant risks. Do not invest unless you are willing to lose your entire investment. For a full disclaimer, please.

BlockDAG’s recently updated dashboard and substantial $100 million liquidity plan offer an exciting opportunity for cryptocurrency investors. The dashboard provides features such as ranking tracking, purchase history and real-time transactions, improving user experience and transparency.

Meanwhile, the price of Bitcoin Cash is volatile and news from Aptos (APT) highlights significant token unlocks impacting its value. Location of these developments BlockDAG (BDAG) as a contender for the best cryptocurrency to buy in 2024. With the fastest accelerating pre-sale reaching $26 million, BlockDAG’s innovative approach and strong financial backing make it a benchmark in the market.

Bitcoin Cash Price: Key Levels to Watch

Bitcoin Cash has recently seen a notable decline, trading below the crucial $440 support level. This decline pushed BCH into a short-term bearish zone, with the price dropping to $421. Despite minor recoveries above $430, the BCH/USD pair struggles to break the $440 resistance, indicating a possible further decline if this level is not broken soon.

Technical indicators suggest that immediate resistance lies at $438, with significant supports at $425 and $420. BCH risks testing the $400 support if it drops below current levels. Exceeding $440 could lead to a recovery towards $450 and beyond.

New Aptos (APT): Token slide before unlocking

Aptos (APT) is another cryptocurrency making headlines, although not for the best reasons. The APT token experienced a significant drop in price ahead of a major token unlock event. Over 4.5 million APT tokens, worth around $30 million, are expected to be released, causing concerns among investors about a potential market flood and further price drops.

APT fell more than 7% last week, trading at $6.57. Previous unlocks in April and July 2023 had similar impacts, leading to a drop in prices as investors dumped tokens ahead of the unlock. This trend suggests that Aptos may soon face more downside pressure.

BlockDAG: Updated Dashboard and $100 Million Liquidity

BlockDAG’s updated dashboard is designed to improve user experience with several new features. By entering the dashboard, users can view the latest announcements and their current position within the community. The Wallet section allows for easy purchase tracking and balance checks, while the leaderboard preview and latest transaction preview provide information on your most important purchases and recent transaction history.

Additionally, the referral screen displays earnings from referral links, promoting community growth through word of mouth. Users can see the top 30 buyers and their investments on the Leaderboard page, ranked from Crabs to Whales by purchase amounts. The Transactions section offers detailed views of purchase history and transactions in real time, promoting transparency and ease of use.

Additionally, BlockDAG is backed by $100 million of liquidity at launch, backed by market makers and tier 1 exchanges. This substantial liquidity ensures market stability and investor confidence. The project has also made great strides surpassing $26 million in pre-sales in Lot 12. Priced at $0.0075, the project aims to drive long-term commitment and project growth.

Key takeaway

BlockDAG’s updated dashboard and $100 million liquidity support make a compelling case for investors looking for the best cryptocurrency to buy in 2024. Dashboard’s advanced features are designed to improve user experience and transparency , combined with substantial liquidity and a strategic presale structure, increase user confidence and potential returns.

As the price of Bitcoin Cash fluctuates and news about Aptos (APT) impacts the market, BlockDAG’s robust platform and early investor gains highlight its potential for significant growth. Visit BlockDAG’s website to learn more and consider investing in pre-sales to participate in a promising venture with strong prospects for 2024.