Crypto Market Update: Ethereum Outflows, Fantom’s Rise, and BlockDAG’s Presale Surge

The crypto market continues to see shifts and changes as investors navigate the evolving landscape. Ethereum ETFs saw significant outflows on Monday, with over $79 million exiting. This suggests that investors may be looking for alternative opportunities, especially with the lack of recent development milestones for Ethereum.

On the other hand, Fantom (FTM) has been on an upward trajectory, gaining nearly 90% since the Sonic testnet launch on September 6th. The coin has reclaimed a long-term resistance level and is approaching the $1 mark. While it briefly failed to reach a new monthly high on September 25th, Fantom is showing signs of a potential bullish trend reversal.

BlockDAG’s $1 Million Giveaway

BlockDAG’s $1 million giveaway has been a major draw for crypto enthusiasts. The network’s presale has already raised a historic $77.5 million, making it one of the largest presales in crypto history. This success is a testament to the growing interest and potential of the project.

BlockDAG’s presale is attracting attention from investors, with the 23rd batch nearing a sell-out. This indicates a strong level of demand and confidence in the project’s future.

By participating in the giveaway, users can win 20,000 BDAG coins. The giveaway is simple to enter:

Hold a balance of $100 worth of BDAG coins
Follow BlockDAG on social media
Share the giveaway post

Referrals also earn bonus entries.

Conclusion

While Ethereum faces a period of uncertainty, Fantom’s recent surge suggests a potential bullish trend. BlockDAG’s impressive presale performance and giveaway are generating significant buzz in the crypto space. It will be interesting to see how these projects develop in the coming months.

For more information on BlockDAG: