The cryptocurrency market shows significant activity in October 2023. Several projects have stood out due to their achievements and interesting news.
BlockDAG’s Success in Presale
BlockDAG has garnered attention with one of the strongest presales of 2025, raising over $380 million and selling over 25.3 billion BDAG coins. Early participants in the initial launches have already received about 2,660% returns. With a presale price of $0.0276, analysts expect a rise to $0.05 post-launch. Currently, there are 20 confirmed listings on exchanges, which boosts optimism about the price.
XRP and Legal Clarity
XRP is trading around $3.26 after the conclusion of its legal battle with the SEC. Ripple agreed to a $125 million fine, yet public trading remains unrestricted. This resolution has increased trading volumes to $12.4 billion per day. The positive impact was also driven by softer U.S. inflation data and President Trump's directive allowing crypto use in 401(k) accounts.
Ethereum Approaches Record Highs
Ethereum is trading at $4,717, rising over 8% in a single day, and nearing its historical highs. Spot demand for Ethereum ETFs has reached $2.33 billion in just six days. Institutional investors are actively accumulating ETH, with expert estimates suggesting a potential rise to $7,500 by the end of the year, and even up to $10,000-$13,000 in the future.
This month, the cryptocurrency market showcases a variety of initiatives and significant price movements, making monitoring these projects relevant. BlockDAG, XRP, Ethereum, and Shiba Inu present interesting opportunities for both short-term and long-term trading.
