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31 Oct 2024

BlockDAG Reaches $107.5M with New CTO, Jeremy Harkness – Ethereum Classic & Stellar (XLM) Gain Market Attention

The world of crypto is full of fast-moving chances for those who know where to look. Ethereum Classic (ETC) is showing positive price changes, and Stellar (XLM) is improving how it handles cross-border payments, which could help it expand its reach.

Among these trends, BlockDAG (BDAG) is turning heads, with its presale now exceeding $107.5 million. Also, Jeremy Harkness joining as Chief Technology Officer (CTO) brings a fresh wave of excitement and potential for growth within the BlockDAG space.

For those looking for great gains, these top cryptos for 2024 hold a lot of promise and may pave the way for the future of money.

Ethereum Classic (ETC) Gaining Momentum

Ethereum Classic (ETC) is drawing attention as it appears to be gaining momentum. The daily chart shows an upward trend, though it recently dipped to a local support level, which could give buyers a chance. If this level holds steady, a rebound may happen. Currently, short sellers hold a significant 54.6% of the market, adding an interesting twist.

The price forecast for Ethereum Classic suggests that rising interest and activity among large holders might boost its upward movement. Since October 9, the supply held by large holders has grown to 57%.

Stellar Aims to Widen Its Usage with New Partnerships

Stellar (XLM) has potential because it focuses on making cross-border payments simple and accessible. Although it hasn’t yet regained its all-time high of $0.93, the network is growing steadily. With partnerships like MoneyGram, Stellar aims to expand its usage.

XLM’s future also depends on outside factors, especially Bitcoin’s influence on the crypto market. Since altcoins often follow Bitcoin's trends, XLM holders watch this closely. Even so, network upgrades and wider adoption could boost Stellar’s (XLM) potential in the coming years.

BlockDAG Appoints New CTO as Presale Surges to $107.5M

BlockDAG is making waves in the blockchain space and is set to be a top choice in crypto for 2024. Its presale has already reached over $107.5 million, reflecting growing interest and strong community support. This shows that blockchain enthusiasts and developers see huge promise in BlockDAG.

This platform isn’t just another name in crypto; its advanced features are catching the eye of the blockchain community. BlockDAG stands out for its ability to handle more transactions and secure data, meeting the rising needs of the digital economy.