BlockDAG Presale Speeds Past $102M as Avalanche Unveils Crypto Card & Bitcoin Surges with Election Hype

Exciting developments are always around the corner in crypto, and recent updates are sparking major interest. Avalanche Foundation has just unveiled its new crypto card, allowing users in Latin America and the Caribbean to spend crypto seamlessly with Visa. Meanwhile, Bitcoin’s recent surge is linked to rising election odds, stirring speculation about the future of the flagship cryptocurrency.

BlockDAG on the other hand is stealing the spotlight with its fast-paced presale, crossing the $102 million mark. BDAG coins are selling out quickly and offering impressive returns capturing the attention of seasoned traders and newcomers. As BlockDAG races ahead, it’s becoming a standout project in 2024.

blockdag

Avalanche Foundation’s Rolls Out New Crypto Card

The Avalanche Foundation has just launched the Avalanche Card, a new Visa crypto credit card that allows users to pay with cryptocurrencies like USDC, Wrapped AVAX (wAVAX), and Liquid Staked AVAX (sAVAX). The card is available in physical and virtual forms and can be used wherever the Visa is accepted. Initially, the card will be rolled out in Latin America and the Caribbean, with users now able to join the waitlist.

The Avalanche Card isn’t linked to a bank and isn’t FDIC-insured, meaning it’s not protected by the U.S. government’s deposit insurance scheme. However, it comes with a self-custody wallet for users to manage their crypto assets. It also offers no fees when spending assets, making the Avalanche Card a convenient option for crypto payments across the region.

Bitcoin Surge Tied to Trump’s Rising Election Odds

Bitcoin’s recent surge is linked to Donald Trump’s improving chances in the upcoming U.S. presidential election. Over the past ten days, Bitcoin’s price has climbed 11.5%, up 26% from its seven-month low in September. Analysts say Trump’s rising odds of winning are driving this spike, with his chances climbing from 36% last month to over 50% now.

Trump’s support for crypto, including his plans for a Bitcoin reserve and pledges to make the U.S. the “crypto capital,” has led investors to speculate that his win could push Bitcoin to new highs. Analysts predict Bitcoin could reach $80,000-$90,000 if Trump wins, while a loss might see prices dip below $50,000. Investors are watching closely as the election approaches.

BlockDAG Presale Hits $102M Mark

BlockDAG is taking the crypto market by storm, hitting a massive presale mark of over $102 million. The new brand video, which features an adrenaline-pumping F1 race, reflects the rapid pace at which BlockDAG is turning over batches in its presale. Just like an F1 car speeding toward the finish line, each batch of BDAG coins is selling out quickly, giving traders a limited-time opportunity to jump in before the next price increase.

Currently, BDAG coins are priced at just $0.0206 in batch 24, a 1960% increase since batch 1. This fast-moving presale mirrors the high-speed action in the video, keeping the strong momentum. It attracts seasoned traders and newcomers to the crypto space. The excitement generated by the video has added fuel to the fire, showing how BlockDAG is speeding ahead of the competition.

What sets BlockDAG apart is its innovative technology and its easy crypto-mining options. Whether you’re an experienced miner or just getting started, BlockDAG makes it simple to mine coins and be part of this rapidly growing project.

As BlockDAG continues to gain traction in the market, it shows that its advantages are pushing it ahead of industry heavyweights. This presale is shaping up to be one of the most exciting opportunities in crypto right now, offering crypto enthusiasts a chance to get in on the action before prices climb even higher.

Wrapping Things Up

The crypto space is witnessing significant developments. Avalanche’s new crypto card is making crypto spending easier across Latin America, while Bitcoin’s recent surge, tied to Trump’s rising election odds, has investors speculating about future gains.

Yet, BlockDAG’s presale momentum stands out with over $102 million raised and a rapidly growing community behind it. BlockDAG’s advanced technology and its easy-to-use mining options make it a project worth watching closely. As each batch sells out quickly, those looking to get involved may find this presale an opportunity that’s hard to ignore.

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About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Jose Rafael Aquino is a sports journalist turned crypto and igaming writer with years of experience in the field. With a portfolio of over 100 articles, Jose's pieces have been featured in notable media platforms such as The GUIDON, Business2Community, TradingPlatforms, and numerous others.

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