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Crypto Market News: Mantra Rises, Fetch.ai Falls, BlockDAG Pre-sale Success

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by A1

2 hours ago


The cryptocurrency market is experiencing notable movements: Mantra (OM) is showing bullish signs, Fetch.ai (FET) is facing a significant drop, and BlockDAG is drawing attention with its generous bonus.

Mantra (OM) Shows Strength

Mantra (OM) has become a strong market performer, rising by 50% over the past month to reach $5.80, after testing $6. Analysts expect a potential rise to $7 soon, with expectations of reaching $8 by 2025 if the positive trend continues. With a daily trading volume exceeding $300 million, Mantra's technical analysis shows a strong moving average trend and high RSI, indicating continued interest from buyers.

Fetch.ai (FET) Price Drop

Fetch.ai (FET) has troubled traders with a 22% loss in just one week, dropping to $0.79. Analysts link FET’s decline to a general downturn in AI-related cryptocurrencies and uncertain actions by major holders. Fetch.ai’s market cap is $1.88 billion with 2.71 billion circulating. Technical indicators suggest that FET may face further decline.

BlockDAG's Pre-sale Success

BlockDAG’s pre-sale is capturing widespread attention, offering a 350% bonus for new coin purchases. As of now, the presale has raised over $193 million, driven by successful sales and attractive bonus conditions, the demand for BDAG remains high, and experts predict the $200 million milestone will soon be reached.

The crypto market remains dynamic, with standout assets like Mantra, Fetch.ai, and BlockDAG. Current trends and movements confirm the vast potential of the market, drawing in both institutional and individual participants.

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