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Cronos (CRO) is on the upswing as the SEC concludes its investigation into Crypto.com without charges, resulting in a 40% increase over the week. This development reflects a more supportive regulatory environment, enhanced by Crypto.com’s exploratory deal with Trump Media regarding crypto ETFs.
However, despite positive news, there’s ongoing speculation about a potential reintroduction of 70 billion CRO, which could impact the token’s supply stability. Simultaneously, Zcash (ZEC) has risen by 12% in 24 hours, surpassing the crucial $33 support level, and now aims for the $45.63 resistance, signaling potential for a significant reversal after a period of low performance.
While CRO and ZEC are finding their footing, BlockDAG (BDAG) has surged ahead with a $5 million increase in just 48 hours following Keynote 3, taking its presale to over $210 million. With a functioning beta testnet and substantial user engagement evidenced by over 800,000 app users, BlockDAG demonstrates effective execution beyond mere planning.
CRO Climbs 40% This Week
Cronos (CRO) is capturing attention again with a 40% rise this week, following the SEC’s decision to end its inquiry into Crypto.com without penalties. This marks a significant positive shift for the crypto landscape under the new SEC leadership, signaling a more lenient approach to digital assets.
The enthusiasm is bolstered by Crypto.com’s tentative agreement with Trump Media to introduce crypto-backed ETFs, which propelled CRO by an additional 10% in just a day.
Yet, the excitement is tempered by warnings from on-chain analyst ZachXBT about the possible return of 70 billion CRO tokens to circulation, which raises market integrity concerns.
Zcash (ZEC) Surges 12% in a Day—Could This Signal a Major Market Shift?
Zcash (ZEC) is regaining momentum with a 12% increase, pushing it back into the top 100 cryptocurrencies. After rallying from a low of $25 to regain the critical $33 support, this could be the start of a new upward trend after extended declines.
While the immediate outlook shows mixed signals, the successful breach of a long-term downtrend and positive indicators on the RSI and MACD suggest increasing momentum.
Potential buyers should monitor the $45.63 resistance closely. A breakthrough could initiate a wider rally. As one of the foundational privacy-focused coins, ZEC maintains enduring relevance, and current low prices might offer a significant entry point with substantial growth prospects.
BlockDAG Secures $5M Rapidly Following Keynote 3
In a remarkable 48-hour period post-Keynote 3, BlockDAG has garnered an impressive $5 million, pushing its presale total beyond $210 million. This significant increase occurred shortly after demonstrating substantial advancements, including a live Beta Testnet with over 1.2 million transactions, robust block explorer capabilities, and comprehensive tools for token and NFT creation, alongside the operation of more than 100 active nodes. Unlike some Layer 1 projects that are still in the planning phase, BlockDAG is actively delivering results, which is catalyzing a strong response from the market.
Currently, during Batch 27 of sales, BDAG is priced at $0.0248, with more than 19 billion coins already sold. Complemented by a vibrant community of over 800,000 X1 App users and 16,700+ units sold to miners, along with high-profile partnerships like those with Inter Milan and UFC, it’s clear why analysts are optimistic about BDAG reaching $1 post-listing.
With the crypto presale accelerating following Keynote 3, the impending launch of mainnet features, DeFi tools, and new exchange listings is highly anticipated. The recent $5 million raised in just two days is a strong indicator of the potential excitement surrounding BDAG’s official release. This could be an opportunity many will wish they hadn’t missed.
Critical Insights
While CRO’s recent price jump might look attractive for quick gains, ongoing uncertainties about its token supply and overall market trust could dampen its growth. Meanwhile, Zcash faces its own challenges in sustaining momentum after its initial market recovery, with its long-term viability still to be proven. The future of both projects hinges on upcoming developments, including market sentiment shifts, new partnerships, and their ability to overcome technical resistance levels.
In contrast, BlockDAG is turning potential into tangible success. The latest Keynote didn’t just serve as a promotional event but highlighted a project that is already in full swing, with over 1.2 million transactions on its testnet and effective smart contract functionalities, backed by a community that’s actively engaging with its tools. The swift $5 million raised post-Keynote isn’t just excitement; it’s a strong endorsement from both retail and institutional participants. Unlike its peers, BlockDAG isn’t merely waiting for external factors to boost its profile; it’s actively creating its momentum.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
