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BlockDAG Raises $214M, Chainlink Active, Avalanche Faces Resistance

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by Giorgi Kostiuk

a day ago


The crypto market is witnessing a renewed activity, with some projects standing out due to significant updates and progress.

Chainlink's Growth and Whale Activity

Chainlink (LINK) is demonstrating steady growth. In the last 24 hours, the volume of large transactions has increased by 178%, exceeding $166 million. These movements often signal upcoming market shifts. LINK's prices rose by 10.2% to $11.80, boosting confidence among holders.

Avalanche and Resistance Zones

Avalanche (AVAX) managed to climb above $16 after a recent dip but is facing key resistance levels between $17.78 and $19.62. This range holds over 14 million AVAX held by more than 155,000 wallets, which may limit further price growth.

BlockDAG: Successful Presale and Active Testnet

BlockDAG continues to show significant progress, having raised over $214 million in its ongoing presale. The Beta Testnet launched in March allows users to test features like token creation and smart contracts. The project also offers a $60,000 rewards program to incentivize user activity.

The crypto market has rejuvenated with notable movements in Chainlink and the progress of BlockDAG. Despite Avalanche's challenges, the market remains dynamic and intriguing.

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