Many traders are on the hunt for the best crypto to buy right now, and this article casts a spotlight on the leading altcoins to consider.
This week, XRP’s market cap reached a new high of $147.225 billion, climbing 10.06% and now comprising 4.42% of the total crypto market. In a contrasting scenario, Solana whale activity has raised alarms with a significant movement of 149,999 SOL, worth $27.92 million, to Binance, hinting at a possible sell-off.
In other news, BlockDAG (BDAG) is making waves with a strategic new partnership with HackerEarth, targeting the harnessing of worldwide developer expertise to spur innovation across its network. This announcement follows a substantial fundraising effort, with BlockDAG amassing over $181 million. With such rapid progression, expectations are set for BDAG to hit a $1 valuation by 2025.
XRP Market Cap Hits $147 Billion After a Significant 10% Uptick
XRP experienced a substantial rise this past Saturday, increasing to $2.5735—a 10.06% surge, marking its most notable gain since January 1. This elevation propelled XRP’s market cap to $147.225 billion, now accounting for 4.42% of the entire cryptocurrency market.
Following this sharp increase in the XRP market cap, the digital currency has seen its price oscillate between $2.3261 and $2.5936, registering a 5.3% rise over the last week. Despite these advances, XRP’s price remains 21.78% below its all-time high of $3.29 recorded in January 2018.
Latest Solana Whale Activity
Recently, a notable transaction involving 149,999 Solana (SOL), valued at approximately $27.92 million, was directed to Binance from an undisclosed wallet, sparking intrigue around Solana whale activity. Transactions of this magnitude often imply potential sell-offs, as large holders might be positioning for market adjustments.
Alternatively, this move could signify a strategic approach, possibly involving the realignment of portfolios or leveraging Binance’s staking and lending options without actual asset sales. Market participants are now keenly observing Solana’s price movements to determine the effects of this Solana whale activity on the market dynamics in the near term.
BlockDAG and HackerEarth Unite, Targeting $1 Valuation
BlockDAG has rapidly emerged as a key player in the cryptocurrency sector, achieving a remarkable $181 million in its latest presale. The platform is now poised to further unlock the potential of Web3 by partnering with HackerEarth, aimed at drawing in top developer talent to innovate on the BlockDAG network.
In the next twelve months, BlockDAG is set to organize four global hackathons, engaging between 10,000 and 15,000 developers, with the ambition to kickstart more than 200 new projects. HackerEarth’s extensive network of 7.6 million developers will significantly help to extend BlockDAG’s influence, nurturing a broad and diverse community of developers worldwide.
This partnership signifies a strategic enhancement to BlockDAG’s trajectory, underlining its commitment to propel blockchain technology forward and deliver viable solutions across various sectors. Through engaging with HackerEarth’s dynamic hackathon platform, BlockDAG is cultivating a breeding ground for genuine innovation.
With its visionary approach and robust presale success, industry experts believe BlockDAG could attain a $1 value by 2025. Currently trading at $0.0248 in its 27th batch, the asset has yielded impressive returns, with initial participants achieving a 2380% ROI. Given its strong growth prospects, practical applications, and comprehensive strategy, BlockDAG is highlighted as one of the best cryptos to buy right now.
The Bottom Line
XRP’s market cap has ascended to $147.225 billion, a rise of 10.06%, yet it still lags behind its historical peak. Concurrently, Solana whale activity is stirring debates about potential shifts in the market, with the trading community closely monitoring SOL’s pricing.
Yet, BlockDAG has surged ahead as the best crypto to buy right now, propelled by its ongoing advancements and key partnerships. Its collaboration with HackerEarth is a testament to its dedication to harnessing blockchain for real-world problems and fostering a robust developer ecosystem.
Furthermore, with BDAG’s staggering 2380% price increase since its first presale batch, predictions suggest it could hit $1 this year, presenting a significant potential for ROI for those quick enough to participate in the crypto presale before batch 27 concludes.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
This article is not intended as financial advice. Educational purposes only.
