Avalanche

Shiba Inu

Traders of Avalanche (AVAX) have ramped up their bearish positions after witnessing a sharp 10% decline in price, signaling a restless market. In a similar vein, Shiba Inu (SHIB) faces a daunting $100 million selloff, as supporters are hard-pressed to keep the price above the $0.000015 mark amid increasing selling activities.In a bold contrast, <a href="https://blockdag.network/" rel="noopener noreferrer nofollow">BlockDAG (BDAG)</a> exhibits extraordinary resilience and expansion. Through its alliance with UFC titan Alex Pereira as its brand ambassador, BlockDAG has amplified its brand presence and is aggressively pursuing a $600 million presale goal. This partnership highlights BlockDAG’s solid technological base and its dynamic expansion path, positioning it as a formidable player in the cryptocurrency arena.<h2 id="header-0">Avalanche (AVAX) Traders: On Edge After 10% Price Fall</h2>The price of Avalanche (AVAX) has plummeted by 10% in the last week from $29.55 to $26.19. This steep drop reflects a broader market pullback amid escalating uncertainties, causing traders to lean towards bearish positions. On-chain analysis by Santiment indicates that AVAX’s Funding Rate has gone negative, now at -0.017%.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXet65OpC5Fh79DCVIbUkOl-n79_MihX3ihkdZGThcH1zbeCsjAkQJ_r2e9SFKyIyKUnI8mcv52y-bc8FbbPnnBrFHKKOSxJo_1_h9Et6CjDQy7kYuS9r_Lg2xIhE4lYAF5sT83E2grpJ3QKX5-WkLzVgzwOE9oiGuKmnKh7rQ?key&#61;gcsK6ETellvgLgf3g3DtKQ" />This pessimistic outlook is corroborated by AVAX’s Addresses by Time Held indicator. The daily AVAX/USD chart illustrates a rounding top pattern, a bearish indicator suggesting further declines, potentially to $25.54.<h2 id="header-1">Shiba Inu Price Outlook: Testing the $0.000015 Threshold?</h2>Shiba Inu (SHIB) is under heavy selling pressure, its price dwindling to $0.00016. The latest sell-off has triggered a rush among short-term traders to liquidate their stakes, stirring fears of a further drop below $0.000015. Despite anticipated bullishness surrounding Donald Trump’s participation at the Bitcoin Nashville conference, the limelight stayed on larger-cap assets, leaving meme-based cryptocurrencies like Shiba Inu gasping for air.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeHFxHfWEC1cLN3rlbILdB_aO-RegED7Mr-McdLAs5ZvmqqTyMRMBE8zlZrxuTHwYa5vNd04bfAyKP-z-RrALQLagRuL1Z4nslMMKYnfk99-heN7_i9Q4wAlrK76dk5Ei5NbcwYNcGj6SaEkOvKaqanXWmAUpAId917urmf?key&#61;gcsK6ETellvgLgf3g3DtKQ" />Data from IntoTheBlock’s Exchange Order Books show a significant sell-wall, with trading orders to offload over 5.9 trillion SHIB at an average price of $0.000017, which could lead to a $100 million selloff.<h2 id="header-2">Alex Pereira Alliance Catapults BDAG Toward $600M Goal</h2>BlockDAG is creating a stir by partnering with UFC Light Heavyweight Champion Alex Pereira as its brand ambassador. This significant partnership leverages Pereira’s formidable UFC stature, epitomizing strength, resilience, and decisive victories. As Pereira triumphs in the octagon, BlockDAG is set to transform the blockchain landscape with its cutting-edge technology. This alliance goes beyond mere marketing—it strategically enhances BlockDAG’s visibility and cements its credibility.This collaboration is already making waves, propelling BlockDAG into the limelight as a key player in the cryptocurrency realm. With Pereira’s extensive fanbase and global influence, BlockDAG steps into the international spotlight. This partnership not only boosts investor interest but firmly establishes BlockDAG as a pioneer in one of the world’s most popular sports, marking its dedication to innovation and growth within the cryptocurrency industry.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeCl7iYK9kf4VmbuaOaRNZQBUNNCA1VM80dIHmnPJ93k8WlIJ6ppkam9D5e8XUg_lDZeFeBS5sSxSGPgG6WvRIyThTSRFsGUF7zDDB9Feka5dMnihWVlYDMF-9gGn_4z3888VU3p3m3AiButp7CIaCrA01RdUpBPx0XBS7luw?key&#61;gcsK6ETellvgLgf3g3DtKQ" />Since aligning with Alex Pereira, BlockDAG’s presale figures have surged, now aiming for the ambitious $600 million mark. This uptick reflects market enthusiasm and confidence in BlockDAG, with over 12.5 billion BDAG coins already sold, generating $65.3 million, and an additional $4.2 million from the sale of more than 10,330 miners. Each presale phase has seen the coin’s price skyrocket by 1600%, from $0.001 to $0.017, from the first batch to the twenty-first.<h2 id="header-3">Concluding Thoughts</h2>BlockDAG’s strategic union with UFC champion Alex Pereira has not only elevated its brand presence but also bolstered significant faith in its technological capabilities and market prospects. As BlockDAG sets its sights on a $600 million presale target, it continues to draw the gaze of Shiba Inu and Avalanche traders.While AVAX traders navigate a bearish climate and Shiba Inu contends with selling pressures, BlockDAG flourishes, demonstrating substantial growth potential. Its partnership with Pereira not only enhances its visibility but also solidifies its standing as a top contender for growth in the cryptocurrency market.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfXMDXHa_XTfS90-30ETU8rYAYbL-EZQQuGG6zb7ctJXA-ACYT8kAC7weGoums9Nds_HGXqCsW6AUjTKd8zgqAyCCyU0JINqnNqDTq64ZOcQKGRHT_4uJM00Of6XbNW4DaHycunshhb6ZwS3HwLxxAheDZysqWIpE_-ojQP?key&#61;gcsK6ETellvgLgf3g3DtKQ" />Join BlockDAG Presale Now:Website: <a href="https://blockdag.network/" rel="noopener noreferrer nofollow">https://blockdag.network</a>Presale: <a href="https://purchase.blockdag.network/" rel="noopener noreferrer nofollow">https://purchase.blockdag.network</a>Telegram: <a href="https://t.me/blockDAGnetworkOfficial" rel="noopener noreferrer nofollow">https://t.me/blockDAGnetworkOfficial</a>Discord: <a href="https://discord.gg/Q7BxghMVyu" rel="noopener noreferrer nofollow">https://discord.gg/Q7BxghMVyu</a>Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

BlockDAG, Backed by UFC Champion Alex Pereira, Targets $600M: Can It Surpass Avalanche (AVAX) and Shiba Inu in Price?

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