Excitement Builds Around BlockDAG’s $1 Million Sweepstakes and Optimism’s Big Airdrop – Polkadot (DOT) Faces a Downtrend » The Merkle News

There is a lot to watch in the crypto market this week. Optimism (OP) is preparing to issue millions of tokens, attracting a lot of attention. At the same time, Polkadot (DOT) is experiencing some difficulties and prices appear uncertain.

But what’s drawing the most attention is BlockDAG’s $1 million giveaway. As BlockDAG (BDAG) expands globally with exciting giveaways and a fast-paced schedule, presales exceed nearly $99 million and continue to grow rapidly.

Optimism (OP) Airdrop: 10 million OP tokens will be given away

Optimism recently announced a major airdrop, planning to distribute 10 million OP tokens worth approximately $16 million to 54,000 eligible wallets on October 9th. This news caused a lot of activity on the network.

Following the announcement, Optimism’s price fell 11% but has since recovered, rising 5.8% to $1.64. Analysts are waiting for a possible rise above $2 as OP price may initiate a bullish reversal pattern. With over 38,000 active addresses since the airdrop news, there is speculation that prices could soon rise even higher.

Polkadot (DOT) price under pressure

Polkadot price is currently feeling the downturn in the market and is finding it difficult to regain momentum. DOT hit a hard barrier at $4.1, causing a decline so that the price is now around $4.03. Selling pressure has kept DOT near the $3.9 support level.

If prices cannot stay above this point, they could fall to $3.5-$3.6. However, traders are confident that if DOT can clear its 20-day and 50-day EMAs, there could be a chance of a rebound to the $4.9 resistance level.

BlockDAG’s $1 Million Sweepstakes Is Creating a Big Buzz

BlockDAG’s $1 million gift is creating a lot of excitement in the crypto market, quickly making it one of the coins to keep an eye on. This exciting opportunity allows 50 people to win up to $20,000 worth of BDAG coins, attracting both newbies and experienced crypto users.

To increase their chances of winning, participants can participate in simple activities such as following BlockDAG on social media, sharing promotional posts and getting friends on board. These promotions not only help spread the word about BlockDAG, but also increase participants’ chances of securing a juicy reward, fueling the excitement even further.

To enter the giveaway, you must own at least $100 worth of BDAG, which has sparked a rush to purchase these coins. BlockDAG’s presale is already making big waves, with over $99 million raised and 14.3 billion coins sold. Currently, BDAG is priced at $0.0206, with early buyers seeing a whopping 1960% ROI.

The requirement to hold $100 in BDAG to enter the draw has cleverly boosted presales as crypto enthusiasts rush to meet the criteria and secure their holdings before the price potentially rises in future batches.

BlockDAG could outshine its competitors

As Optimism (OP) prepares for a rally and Polkadot (DOT) works toward a recovery, BlockDAG shines as an exceptional opportunity with its $1 million gift and expected growth.

As BlockDAG’s presale approaches its next major milestone, the giveaway marks a pivotal moment for crypto fans who want to be part of this project’s rapid expansion. Excitement for this giveaway is high, and many predict that BlockDAG’s upcoming actions will further strengthen its place and ensure that it continues to be a top cryptocurrency to keep an eye on.

Participate in the BlockDAG presale now:

Website: https://blockdag.network

Pre-sale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclosure: This is a sponsored press release. Please do your research before purchasing any cryptocurrency or investing in any projects. Read the full disclosure here.