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WLD & FET Price Moves Slow as BlockDAG Races Past the $371.5M Presale Milestone!
The cryptocurrency market is witnessing a contrasting scenario with WLD and FET exhibiting slow price movements, while BlockDAG (BDAG) has surpassed its impressive $371.5 million presale milestone.
Worldcoin, currently trading at $1.07, remains stuck within a descending wedge pattern since early 2024, with the resistance level of $1.40 still untouched. The asset’s daily volume has reached $188 million, suggesting continued active participation during both upward and downward swings in price. However, a trend reversal would require a break and hold above the mid-Bollinger Band level to signal sustained growth.
FET, on the other hand, is trading above $0.6985 but is repeating a bearish setup similar to that seen earlier this year, which led to a significant decline of 33%. If history repeats itself, FET could potentially drop towards $0.4447 should the pattern unfold in a similar manner.
Meanwhile, BlockDAG has made rapid progress, with its presale having already secured an astonishing $371.5 million and selling over 25 billion tokens to more than 200,000 unique holders. The platform is also seeing remarkable engagement from developers, with over 4,500 experts working on projects that will utilize the network. Additionally, a substantial number of miners have been sold, resulting in an additional $7.7 million being added to the presale total.
It’s worth noting that large buyers have taken significant allocations early in the presale process, which is expected to slow down as there are fewer opportunities left for investors to participate at these levels. Nevertheless, the strength of its community, combined with the rapid adoption and rising batch prices, suggests BlockDAG could become one of the market’s top performers in 2025.
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Source: crypto-economy.com
