Fri, November 29

BlockDAG’s Sponsorship Of UFC Champ Alex Pereira Boosts Presale To $59.7M Amid Bitcoin Greed Signals & DAI Price Decline

Press Release

The crypto market is witnessing significant fluctuations. Recently, Bitcoin has shown signs of struggle but is now signalling ‘greed’ with ETF inflows surpassing $300 million. On the other hand, DAI is under pressure, facing a price drop due to political uncertainties and increased crypto supply from Mt. Gox repayments.

In the midst of this market volatility, BlockDAG stands out, unaffected by the fluctuations and emerging as a prime investment opportunity. This rising star in the crypto world has made headlines by partnering with UFC champion Alex Pereira, enhancing its brand visibility. Pereira’s role as BlockDAG’s new ambassador has dramatically impacted the presale, which now totals $59.7 million, marking an impressive 1400% increase since its initial batch.

The Bitcoin Indicators Display “Greed”

Bitcoin sentiment has swiftly shifted from ‘extreme fear’ to ‘greed’ in a matter of days, driven by a sharp market rise and substantial Bitcoin ETF inflows. According to Santiment, Bitcoin saw a 12% increase last week, generating excitement among investors.

The Crypto Fear & Greed Index has moved quickly from ‘extreme fear’ to ‘greed,’ reflecting growing optimism. Bitcoin ETF inflows have reached $300 million, demonstrating strong investor confidence. However, caution is necessary as this market exuberance can sometimes lead to sudden downturns.

DAI Price Faces Pressure, Drops to $0.99

The stablecoin DAI is struggling to maintain its peg amid political uncertainties and market volatility. Reports of Mt. Gox repaying creditors have added pressure, causing DAI to drop to $0.99. The potential election of a more anti-crypto candidate to replace President Joe Biden has further fueled market anxiety.

This unstable environment challenges DAI’s stability, highlighting the vulnerability even stable assets face. As investors seek safer havens, DAI’s price decline underscores the broader market’s turbulence.

BlockDAG Welcomes UFC Champion Alex Pereira as Brand Ambassador

BlockDAG is making significant strides in community engagement and global expansion. In a notable move, BlockDAG has become the main sponsor of UFC champion Alex Pereira, welcoming him as their principal brand ambassador. This collaboration marks a significant milestone for the emerging crypto project. Pereira, renowned for his achievements in light heavyweight MMA and kickboxing, embodies the spirit of excellence and resilience that BlockDAG champions.

BlockDAG’s partnership with Pereira has received widespread acclaim. In a recent post on Platform X, the BlockDAG team expressed their excitement, stating, “Number 1’s Only Partner With Number 1’s! Be a champion with us and Alex Pereira!” This high-profile collaboration aligns with BlockDAG’s mission to revolutionise blockchain while fostering community engagement.

Pereira, a two-division world champion in MMA and kickboxing, brings significant recognition and credibility to BlockDAG. His involvement is expected to attract a wider audience and boost investor confidence. This strategic move underscores BlockDAG’s commitment to excellence, innovation, and social responsibility.

BlockDAG’s presale has seen unprecedented growth, with early investors from the initial batch achieving a 1400% increase by batch 20. Starting at $0.001 in batch 1, the price has now reached $0.015 in batch 20. This remarkable increase highlights the strong demand and investor enthusiasm surrounding BlockDAG. To date, BlockDAG has raised $59.7 million from the sale of over 12.2 billion BDAG coins. In a volatile market, BlockDAG’s presale offers investors a unique opportunity to secure significant returns. Its innovative approach and strategic partnerships also strengthen its position as a leading crypto investment.

Final Insights

Despite Bitcoin indicators signalling ‘greed’ and strong market confidence and DAI struggling with price declines due to political uncertainties and Mt. Gox repayments, BlockDAG emerges as a resilient investment opportunity. Its strategic partnership with UFC champion Alex Pereira as a brand ambassador and impressive presale growth solidifies its position in the global crypto market.

Currently priced at $0.015 in batch 20, BlockDAG has demonstrated a remarkable 1400% presale growth, raising $59.7 million from over 12.2 billion BDAG coins. As a top crypto investment, BlockDAG offers investors a chance to capitalise on its innovative approach and robust market position.

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A Professional HR with a huge interest in blockchain technology and cryptocurrency. Through her content writing skills, she became a passionate contributor to the crypto space. Being an active crypto enthusiast she is investing her time and experience into the digital sphere.