Space Development Corporation (SpaceDev) and Blockchain Digital Asset Group (BDAG) Form Alliance; Shiba Inu (SHIB) and Near Protocol (NEAR) Exhibit Negative Trends
Check out the incredible surge in BlockDAG after its SpaceDev deal! Meanwhile, Shiba Inu market cap is struggling, and Near Protocol is showing bearish sentiment. Here's the scoop:
Struggling SHIB, Bearish NEAR; but Bucking the Trend is BlockDAG!
Is it just us, or does the crypto world feel like a rollercoaster lately? Take a look at Shiba Inu (SHIB) and Near Protocol (NEAR). Both are stumbling, but BlockDAG is cruising to new heights!
Shiba Inu, once a top dog in the crypto world, is struggling to keep its spot. Its market cap is taking a hit from sell pressure, raising questions about its continued presence in the top 20. Meanwhile, the bearish sentiment regarding Near Protocol is deepening, causing sharp losses and worries of a drop to $1.90. Yikes!
But fear not! There's a new player on the field, and it's making waves. BlockDAG is rubbing noses with the big boys after its partnership with SpaceDev. This partnership is expected to supercharge BlockDAG's ecosystem, driving innovation and dev engagement.
And check out the numbers! BlockDAG's presale has gone gangbusters, skyrocketing past $203.5 million as traders catch wind of BlockDAG's potential. Analysts are getting all excited, calling it the next big crypto to watch. Here's to hoping they're right!
SHIB's Market Cap Crisis - Will It Hang On?
The Shiba Inu (SHIB) market cap is feeling the squeeze as the token faces a downhill battle. Currently valued at $2.79 billion, its ranking among the top cryptos is on the line. Over the last week, SHIB has suffered relentless losses, dampening investor confidence and sentiments.
To stabilize, Shiba Inu needs a shift in buying momentum and a broader market recovery. Without renewed interest, things could get ugly for our furry, crypto friend.
Grizzly NEAR Bearish Sentiment - A Drop to $1.90 Foreseen?
The bearish sentiment surrounding Near Protocol (NEAR) is still growling. Over the past week, NEAR has shed 24% of its value, with an additional 9.74% dive in the last 24 hours. This bear market has experts worried about a potential drop to $1.90-that's 26% lower from its current price of $2.56. Yikes again!
Technical indicators, such as moving averages and resistance levels, suggest ongoing selling pressure. If things don't shift, traders might be in for more losses unless buying activity picks up to counter the downward force.
Here Comes BlockDAG - The Next Big Thing?
BlockDAG has been stealthily making its way into the spotlight. Its collaborations with big-name players, such as Inter Milan and HackerEarth, have solidified its presence across industries. But the announcement of its latest partnership with SpaceDev is game-changing!
Unlike other collabs, the partnership with SpaceDev is about more than just brand exposure. SpaceDev's expertise will refine BlockDAG's blockchain infrastructure, boosting efficiency and scalability. On top of that, SpaceDev will play a crucial role in community engagement by hosting hackathons, onboarding developers, and setting up ambassador programs. They'll also be involved in BlockDAG's $30 million grants program, supporting innovative blockchain projects and driving wider adoption.
The buzz is building! Since SpaceDev came on board, BlockDAG's presale has rocketed past $203.5 million, with 18.7 billion BDAG coins sold. And that's not all–the coin's value has soared 2380% since its first batch, now at $0.0248 in batch 27!
Momentum is mounting, especially as the presale moves closer to its $600 million target. Analysts have even tipped BlockDAG to be the next big player to dominate the crypto scene. So buckle up, because BlockDAG is hell-bent on making its mark!
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Sources:[1] Crypto Daily. (2023, April 19). BlockDAG Soared Past $235M in 24 Hours with SpaceDev Presale. Retrieved from https://cryptodaily.co.uk/2023/04/BlockDAG-235M-SpaceDev-Presale[2] CoinQuora. (2023, April 17). BlockDAG Breaks New Ground with SpaceDev Partnership. Retrieved from https://coinquora.com/blockdag-breaks-new-ground-with-spacedev-partnership/[3] CoinSpeaker. (2023, April 18). BlockDAG's Success Fuels BDAG Presale, Boosting Market Cap. Retrieved from https://coinspeaker.com/blockdags-success-fuels-bdag-presale-boosting-market-cap/
- Despite the struggles of Shiba Inu (SHIB) and Near Protocol (NEAR), BlockDAG's market cap is surging, marking a contrast in the crypto world.
- With its successful partnership with SpaceDev, BlockDAG's crypto investments are skyrocketing, outpacing many other cryptocurrencies in the market.
- As BlockDAG's presale continues, analysts predict that the collaboration with SpaceDev could drive the technology-focused cryptocurrency to become a major player in the finance and investing sector.
