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Crypto investors are always seeking the opportunity to earn profits and avoid losses. On March 5, the investor sentiment shifted causing an outflow of Ethereum (ETH) ETF. BlackRock's Ethereum ETF experienced a significant outflow of $26.3 million, causing the crypto to drop from $3,540 to $3,450.
While ETH shed value, XRP gained and rose to $3.0018 ahead of the upcoming White House Crypto Summit, which will also discuss XRP. But which crypto truly has traders’ attention?
BlockDAG (BDAG) has been on everyone’s radar lately, as the project is running its biggest offer yet — BDAG800 bonus program offering a 400% bonus on purchases. Crypto enthusiasts are stacking up BDAG, pushing the presale past $201M.
According to Farside Investors, BlackRock’s Ethereum ETF suffered a massive outflow of $26.3 million. This phenomenon presents a change in investor behavior towards Ethereum, something we can expect to see more of in the future. The outflow happened when Ethereum’s price was $3,450 at 10:00 a.m. EST, which was 2.5% lower than the day before at $3,540.
Moreover, Ethereum's trading volume stood at $15.6 billion over the last 24 hours. This amount is 10% lower than the previous week’s average of $17.3 billion. Analysts who examined Ethereum’s decline state that the implications of this outflow from BlackRock's Ethereum ETF are multifaceted.
The upcoming White House Crypto Summit has been one of the most discussed topics globally as the community awaits Trump's declaration to make crypto a Strategic Reserve Asset, and modify trade policies. As XRP was also one of the tokens to be discussed in the summit, the community is excited about what this means for the XRP future.
This excitement in the community gave rise to market upheaval. It also blew past the $3.0018 mark before dropping to $2.2139. However, XRP’s future could be brighter, as many speculate that the SEC may withdraw its appeal against XRP, as it did for Coinbase and Kraken.
BlockDAG’s BDAG800 has been one of the best crypto deals that has caught the attention of the crypto world. Crypto enthusiasts buying the BDAG coins can use the code BDAG800 to claim a 400% bonus on their purchases. As the offer is valid for a limited time, buyers are piling up BDAG coins before the offer is gone. With the ongoing-buying spree reaching its peak, the BlockDAG presale has crossed above $201 million, selling over 18.7 billion coins.
The main reason buyers are going haywire is because BlockDAG is set to be listed on 10 CEX listings soon. Once listed on these reputed exchanges, seasoned crypto traders know that the price of BDAG coin will further appreciate due to increased visibility and credibility. To make the most of the opportunity, these traders are buying the coin at the current price of $0.0248 and while also getting extra coins.
Analysts say BDAG is the top crypto to buy right now as they predict the coin will jump to $1 once it is listed on 10 exchanges soon. This means there is a potential ROI of over 3932% waiting for anyone buying BDAG now. The coin has already seen a 2380% price surge so far, but those traders who missed this surge are looking at a much higher ROI when BDAG jumps to $1.
Change in investor behavior caused a huge outflow of $26.3M in Ethereum ETF, making the coin crash from $3,540 to $3,450. Contrasting with Ethereum ETF’s gloomy outlook, XRP’s future seems to be bright, as its community expects the SEC to withdraw its appeal against it.
However, the excitement in the BlockDAG community is much more as the project has a limited-time 400% bonus offer running. Plus, analysts are predicting BDAG coin to reach $1 when the coin is listed on 10 exchanges soon. Seasoned crypto traders are stacking up the BDAG coins to capitalize on the massive ROI ahead.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
