BlockDAG Craze Sinks Myro Rally and Cardano’s Volume Surge with 1000x ROI Potential
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/BlockDAG/ – Cardano volume (ADA) has seen a significant spike in trading recently. While this may appear to be a favorable development for ADA, the related price pattern demonstrates why it may not be as promising as it appears. In addition to that, Myro (MYRO) holders have had a wild few days, with the coin’s value soaring significantly on Tuesday before plummeting by 16% in the last 24 hours, leaving holders wondering where the token’s value will go next. On the other hand, BlockDAG (BDAG) is doing great in its presale, raking in $1 million in 24 hours of batch 1 and calling in investors with its 1000x ROI potential. Let’s check out the crypto tokens with the most potential.
Cardano: High Trading, Low Prices
Cardano’s trading volume decreased from over $600 million to roughly $300 million on January 14th, according to Santiment data research. The figure indicated a prolonged low volume until around January 23rd, when it surged to more than $500 million. As of this writing, the volume exceeded $560 million.
Furthermore, CoinMarketCap statistics indicated an approximately 30% rise in volume over the previous 24 hours. Despite the increasing trading activity shown by the volume trend, the price trend revealed that volume had a negative influence on ADA.
Myro Coin: Up and Down All the Time
MYRO’s value increased by around 50% between Tuesday and early Wednesday, reaching a high of $0.222. This earned MYRO a market capitalization of over $210 million, putting it among the top gainers in the meme coin field. However, the token’s peak was brief, as MYRO has dropped by 16% since then and is now on $0.07. There has been no apparent trigger for the token’s selloff, with many analysts attributing it to profit-taking following the previous increase.
However, MYRO investors are concerned that the trading volumes have plummeted by 34% since yesterday, suggesting that interest in the coin may be declining. Technically, MYRO is creating a downtrend on a daily basis, with definite lower highs and lows. MYRO has also fallen below the 50-day exponential moving average (EMA), a frequently recognized indicator of the medium-term trend. All of these reasons present a bleak picture for MYRO’s short-term prospects, suggesting that investors should brace themselves for more volatility.
BlockDAG Presale: The Start of Global Craze
BlockDAG is a new coin that’s getting a lot of attention. It’s different because it uses cool technology to keep transactions safe and fast. Investors are excited about BlockDAG as it’s doing great in its presale. It raised $1 million in just one day! That’s tremendous, and it was only in the first batch, in which the coin was priced at $0.001. The coin is now in the second batch, and it is priced at $0.0015, a 50% surge that overcomes crypto tokens with the most potential.
BlockDAG is special because of its big plans and potential. It has a clear plan for what it wants to do. It’s going to launch its main network in just six months, and it wants to raise $600 million by 2024; experts rate the token to deliver more than 1000x returns for its community.
What’s Coming Next
After the recent increase in Cardano volume trading, which failed to take the price up, and the fluctuations Myro has gone through over the past days, BlockDAG is making a different trajectory with its presale success and unique feature, proving that the future always has its bright side. The $1 million win in batch 1 and the 50% surge in price moving to batch 2 is just a step towards realising BlockDAG’s 1000x potential.
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