BlockDAG’s $91.5M Presale Makes Waves After Raising $10M in 72 Hours—Can ICP and XLM Compete?
Internet Computer (ICP) has seen a 16% increase this week, fueled by a spike in network activity. Stellar Lumens (XLM) also experienced a notable 8.2% rise, offering a more positive short-term outlook. Yet, BlockDAG has rapidly overtaken both in momentum.
With a 1960% price increase since its initial batch launch and a successful testnet, BlockDAG has become a whale favorite. In just 72 hours, BlockDAG pulled in a stunning $10 million as large-scale buyers jumped in, pushing its presale total to over $91.5 million.
ICP’s value has climbed 16% in the last week, driven by a major uptick in network engagement. Now trading near $9.60, ICP recently hit resistance at $9.90, and analysts warn that a failure to break through could lead to a short-term pullback.
The real highlight, however, is ICP’s 5000% spike in network activity, propelling it ahead of many other blockchains. This growth is largely credited to popular blockchain applications like bob.fun, which operates on ICP’s protocol.
Stellar Lumens (XLM) has been rallying with an 8.2% increase over the past few days, but it now faces a key challenge at the $0.103 resistance level. This level, in place since August, has already rejected XLM twice.
While the momentum has been bullish, a failure to flip $0.103 into support could lead to a bearish reversal. Technical indicators like RSI point to further upward movement, but caution is advised.
BlockDAG’s presale has seen an unprecedented surge in whale activity, with several large buyers making multi-million-dollar purchases of BDAG coins. Thanks to this influx, BlockDAG’s presale jumped by $10 million in just three days, raising the total to over $91.5 million.
What’s driving this surge? BlockDAG’s ROI potential has captivated early
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