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As the market reels from a recent downturn, BNB has been particularly hard hit, showing no signs of an imminent rally. Conversely, ETH and DigiHorse (DIGI) have garnered significant investor support, with expectations of their prices climbing to higher zones soon.
For ETH, the rally is contingent on fulfilling a major prerequisite, while for DIGI, it represents an easy win for investors.
Lack of Interest in BNB Becomes Evident
Currently, BNB is in an accumulation phase, as indicated by the Fibonacci Retracement Line, with a resistance level of 593.1 and support at 475.9. As of this writing, BNB hovers near a support level of 522.9.
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Should it breach this support, BNB is likely to fall to 475.9 or possibly retreat to 400—a level it previously hit after the market crash on August 5.
For the time being, many investors are holding off on BNB, waiting for a clearer signal before entering the market.
US Investors Backs ETH Despite Recent Market Turbulence
According to Crypto Quant, interest in ETH among US investors remains strong, as evidenced by the Coinbase Premium Index. The index shows that despite the ETH crash investor backing went high trading to a higher positive region at 0.03 at press time.
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However, enthusiasm for ETH isn’t limited to the US. The launch of BlackRock’s iShare Ethereum Trust (ETHA) on Brazil’s B3 exchange has piqued the interest of global investors, supporting a bullish outlook for ETH’s price, though it may not reach its previous all-time high just yet.
Why Investors Are Flocking to DIGI
Following strong advocacy by analysts and investors, DigiHorse (DIGI) is finally seeing heightened interest, with over $150,000 raised in record time. The growing community of 900 members is both excited and engaged, driven by the innovative proposals in DigiHorse’s white paper, which outline its potential impact on the Web3 horse racing niche.
DigiHorse is a Web3 game in development, that offers multiple engaging features, including AI-driven NFTs that players can breed and grow. These unique NFT horses can be sold on secondary markets. Anticipation is also fueled by upcoming partnerships with top gambling firms, enabling heavy betting on NFT horse races.
The potential benefits of investing in DigiHorse and its token are compelling. As of now, DIGI trades at $0.00457 per unit, promising a return of 1542% on the day it goes live.
Join the DigiHorse Community
To participate in the DigiHorse community and join the DIGI presale, visit the Website: https://digihorseempires.io
Socials: https://linktr.ee/digihorseempires
