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AAVE and BlockDAG presale surges amid massive Ethereum exodus

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The Bitcoin rally shows no signs of slowing down, and this bullish momentum is spilling over to the altcoin sector. Notably, the Ethereum exodus has seen an astounding $906 million from exchanges to private wallets, reflecting a dramatic testament to the project’s bullish outlook. Meanwhile, the Aave (AAVE) price is on an uptick, driven by the overall bullish market sentiment and Ethena’s sUSDe Proposal. 

Against this bullish backdrop, BlockDAG (BDAG) has exploded onto the presale scene, eclipsing Ethereum and Aave with a staggering promise of a 3233% ROI potential post-launch. 

Aave (AAVE) Price Surges Amid Bullish Market

Aave (AAVE) is on an uptick, up 15% over the last week and 39% over the last month. As of March 5, 2024, the overall sentiment around the Aave (AAVE) price is highly optimistic, with 25 technical analysis indicators showing bullish signs, while only 5 indicate bearish signals.

This upward movement can be attributed to two main factors: the overall positive momentum in the crypto market in the run-up to the Bitcoin halving and the recent proposal from Ethena to introduce sUSDe into Aave v3. This proposal represents a pivotal moment in Aave’s governance and marks a significant step in the evolution of DeFi by incorporating a stablecoin option backed by Ethereum collateral.

Massive Ethereum Exodus: $906M Withdrawn from Exchanges

Recent trading patterns reveal a strong belief among Ethereum investors in the project’s future, evidenced by a growing Ethereum exodus from exchanges. Data from IntoTheBlock indicates that Ethereum traders are adopting a firm strategy of holding onto their ETH. Over the last week, an impressive $906 million worth of Ethereum was moved from exchanges to private wallets as traders are choosing to safeguard their ETH for the long haul.

Ethereum’s price is currently firm at $3,778, up by 58% over the last month. The ETH price rally and the exodus from exchanges suggest that investors are optimistic about Ethereum’s growth and aim to maintain a position above the $3,500 mark. 

BlockDAG – Top Crypto to Buy Today

BlockDAG (BDAG), a new layer 1 blockchain project inspired by the Kaspa protocol, has splashed the crypto landscape, raising over $2.7 million despite being only in batch 2 out of 45 of its presale. To secure $600 million by the close of 2024, BlockDAG shows no signs of slowing down anytime soon.

Distinguishing itself with its innovative hybrid consensus mechanism that builds on the DAG protocol used by Kaspa, BlockDAG seeks to set a new standard for blockchain security. On top of that, the BlockDAG network boasts an impressive capability to confirm transactions at a rate of up to 10 blocks per second, with plans to increase it to 100 blocks in the future. 

BlockDAG is not just about enhanced transaction security and speed. Ultimately, it’s a comprehensive system of decentralized solutions, including smart contracts and DApp integration, which positions it alongside crypto giants like Bitcoin and Kaspa. 

Finally, BlockDAG presents a lucrative opportunity for early investors, with a projected ROI of approximately 3233%. As the price is slated to increase with each subsequent batch, investors are urged to act quickly to take advantage of the early presale rates. 

In response to the overwhelming early investor interest and the $2.7 million raised quickly, BlockDAG has announced a $2 million mega giveaway shared by 50 lucky community members. To participate in the giveaway, follow BlockDAG’s social media channels, submit your wallet address, increase your chances by completing all quests, and bring friends for additional entries.

The Final Call 

The $906 million Ethereum exodus from exchanges to private wallets signals a long-haul intention. Meanwhile, Ethena’s proposal for sUSDe propels the Aave (AAVE) price. Outshining these developments, BlockDAG emerges with a promising 3233% ROI potential after its launch. BlockDAG has announced a $2 million mega giveaway shared by 50 lucky community members to encourage them and attract new subscribers.

Invest In BlockDAG Today





Disclaimer: This is a paid post and should not be treated as news/advice.  


AMBCrypto Team is constituted by a vastly experienced team of professional journalists and analysts. Each one of us is driven to deliver the most important, the most insightful stories and analyses of the day. Whether you're a casual enthusiast or a trader or an investor, we make sure you get the most objective, accurate, and time-sensitive story at your fingertips.
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