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How BONK Recovery and ETH Surge are Shaping the Crypto Landscape

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by Giorgi Kostiuk

9 hours ago


Significant changes are happening in the cryptocurrency market, including BONK's price recovery and Ethereum's rise. Let's take a closer look at these events and a new offering from BlockDAG.

BONK Recovery

The cryptocurrency BONK has seen a noticeable increase in its price, bouncing back from recent lows. After falling to $0.000020 on July 9, the price rose to $0.00002202, marking a 4.65% increase. This growth is supported by increased trading volume.

Traders have noted significant technical signals, such as an upward-sloping 20-day EMA and a positive RSI. The formation of a 'golden cross' is also perceived as a long-term bullish sign. If BONK can overcome resistance levels at $0.00002389 and $0.000026, this could open a path to $0.000041.

Ethereum (ETH) Price Surge

The Ethereum rally shows real strength, with a price increase of 6.7%, pushing it above $3,000 for the first time in four months. This surge follows Bitcoin's breakout past $116,000.

Growing institutional interest has also played a significant role — spot ETF inflows for ETH reached $211 million in a single day, with minimal resistance between $3,200 and $4,800.

New Opportunity with BlockDAG's BEAT VESTING PASS

BlockDAG is introducing a new BEAT VESTING PASS, allowing presale participants to unlock 80% of their holdings at launch, compared to the standard 40% schedule.

To qualify, buyers must purchase BDAG at the current presale price of $0.0016. This creates a unique opportunity for traders looking to gain access to a greater number of tokens at launch.

The cryptocurrency market continues to evolve with noticeable price fluctuations and new offerings. The recovery of BONK and the rise of ETH highlight the interest in cryptocurrencies, while innovative mechanisms such as BlockDAG's BEAT VESTING PASS present new opportunities for market participants.

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