BlockDAG lures Ether whales amidst heightened Ethereum volatility

As Ethereum surged past the $3,000 price mark, whale activity surged, with some capitalizing on profits and others buying the FOMO, thereby amplifying Ethereum volatility. However, an overarching bullish sentiment persists. Beyond ETH, emerging projects like Retik Finance (RETIK) and BlockDAG (BDAG) also caught Ethereum whales’ discerning eye with their revolutionary visions and jaw-dropping ROI potentials. Discover which one of these ventures holds the highest growth potential in the upcoming bull run.

Ethereum Volatility Ensues as ETH Crosses $3,000

The Ethereum price has been experiencing a roller coaster journey, hitting $3,000 for the first time since April 2022, only to return to $2,900. However, despite Ethereum volatility, bullish sentiment still prevails, fuelled by the upcoming Dencun upgrade and the potential approval of spot Ethereum ETFs by the SEC.

Moreover, the surge in whale activity has further amplified the positive outlook for the crypto giant, marked notably by a substantial accumulation of Ethereum by whales.

Bridging the Gap Between Traditional Finance and DeFi

Retik Finance (RETIK) is an innovative decentralised finance (DeFi) platform with a mission to bridge the gap between conventional finance and the DeFi sector. To this end, the platform offers an extensive array of decentralised financial products and services, including but not limited to a highly secure and non-custodial RETIK wallet, a DeFi debit card, Retik Pay, and its native token RETIK.

On a particular note: the RETIK token, serves several functions within the Retik Finance ecosystem. In addition to facilitating transactions and incentivizing rewards, RETIK serves as a governance token, empowering holders with privileges to take part in decision-making and steer Retik’s future trajectory.

BlockDAG – Another Crypto Giant in the Making?

BlockDAG (BDAG) has entered the crypto scene with a bang, amassing $1M in the first 24 hours of the beginning of its presale. As of the latest update, BlockDAG has raised over $2M, trading at $0.0015 for each BDAG coin in the second presale batch.

As a comprehensive system of decentralised solutions, including smart contract capabilities, BlockDAG positions itself alongside crypto giants like Ethereum and Solana. However, BlockDAG sets itself apart with a remarkable transaction confirmation speed of 10 blocks per second and a robust hybrid consensus mechanism.

Furthermore, BlockDAG presents a highly detailed and ambitious roadmap, aiming to launch its mainnet within the timeframe of 6 months. It also has ambitious fundraising plans to raise $600M by the end of 2024.

As far as ROI potential is concerned, BlockDAG’s early backers have already seen a solid 50% return as the price per BDAG coin surged to $0.0015 in the second presale batch. The presale pricing strategy involves incremental increases with each successive batch, reaching $0.05 by the final batch. Based on this, investors who buy at the current price can expect to reap an impressive 3233% return when the project launches.

In response to the overwhelming early investor interest, BlockDAG has announced a $2 million mega giveaway shared by 50 lucky community members. To participate in the giveaway, follow BlockDAG’s social media channels, submit your wallet address, increase your chances by completing all quests, and bring friends for extra entries!

In conclusion

The surge in Ethereum whale activity, fuelled by the potential ETH ETF approval by the SEC as well as the Dencun upgrade, intensified Ethereum volatility. Despite this, bullish sentiment has not abated. Notably, the best presale crypto for 2024, like BlockDAG (BDAG) and Retik Finance (RETIK) have also captured Ethereum whales’ attention, underscoring the allure of their visions, roadmaps, and ROI potentials. Among these, BlockDAG emerges as a definite standout, locking over $2M so far despite being only in batch 2 out of 45 of its presale.