BlockDAG Announces $1M New Year Raffle, Stellar and Uniswap Prices Decline

As the cryptocurrency market ushers in the New Year, investors are navigating an intriguing mix of challenges and opportunities. Stellar (XLM) coin price has shown bearish tendencies, with its downward pressure, reflecting broader market dynamics. Simultaneously, Uniswap (UNI) price has dropped 9% despite increased whale activity, leaving analysts speculating on the underlying causes. 

However, BlockDAG (BDAG), an emerging layer-1 blockchain project, adds to the market excitement by launching an enticing $1 million USDT New Year raffle. This offers buyers significant rewards, including a 200% bonus on BDAG coin purchases. With appealing prize tiers and a time-sensitive opportunity, it’s capturing the attention of crypto enthusiasts worldwide.  

Stellar Coin Price Bearish — Struggles Ahead? 

Over the past few days, Stellar (XLM) coin price has seen a 10% decline, struggling to maintain its $10 billion market cap, now at $10.87 billion. Momentum indicators like the RSI show a sharp drop, signaling increased selling pressure and a move closer to oversold conditions.

The Ichimoku Cloud chart reinforces a bearish outlook, with XLM trading below the cloud and showing no signs of reversal. Traders watch the $0.351 support level closely. If it fails, Stellar coin price could decline further, but a rebound might lead to a recovery towards $0.40. The RSI at 39.9 indicates a shift towards bearish momentum, with potential for further downside unless buyers stabilize the market.

Uniswap Price Drops 9% Despite Whale Activity

Uniswap (UNI), a leading decentralized exchange token, is experiencing mixed signals. Recently, whale activity surged by 200%, yet Uniswap price dropped 9% in under 48 hours, raising questions about its short-term trajectory. Data shows increased large transactions, hinting at strategic market positioning. However, the lack of clear trends leaves retail traders uncertain.

Exchange inflows have been declining for three days, suggesting traders are holding assets rather than selling, which is typically bullish. Despite the UNI price drop, longer timeframes indicate a potential for a recovery if the $12 support holds. If not, further declines are possible, with liquidation data showing $818,000 at risk.

BlockDAG’s $1M USDT New Year Raffle Ends Soon!

BlockDAG, a rising blockchain project, is celebrating the New Year in style by offering buyers an extraordinary opportunity for crypto enthusiasts to win big. Its $1 million USDT New Year raffle invites participants to purchase BDAG coins and enter the raffle for massive prizes. To sweeten the deal, every ticket purchase comes with a remarkable 200% bonus, ensuring participants get unparalleled value alongside their raffle entries.

The raffle is structured with three enticing prize tiers, designed to cater to various investment levels. In the Bronze Tier, a $125 BDAG purchase offers a 200% bonus and a shot at winning up to $250,000 USDT. The Silver Tier, with a $250 investment, also includes a 200% bonus and increases the prize potential to $500,000 USDT. At the top is the Gold Tier, where participants who spend $500 receive 200% bonus and also secure the best odds of winning the grand prize of $1 million USDT. 

Winners will be announced via BlockDAG’s official Telegram, Twitter, and website. This limited-time opportunity is rapidly gaining attention, set to end in few days. BlockDAG’s raffle initiative is bringing in a huge number of new buyers to the presale, adding to its success. 

The BDAG coin is currently priced at $0.0234 at batch 26 and raised $174 million in the presale, with over 17.6 billion BDAG coins sold. BlockDAG is one of the highest ROI cryptos, as early buyers of the BDAG coin have already received 2240% ROI since batch 1 priced at just $0.001. All these developments are generating immense excitement within the crypto community.

Ending Note

The cryptocurrency market is undergoing major changes, with Stellar coin’s price hovering at $0.33, reflecting bearish trends, and Uniswap experiencing a 9% drop despite a 200% surge in whale activity. 

Amidst this volatility, BlockDAG’s $1 million New Year raffle stands out as a golden opportunity for crypto traders. Buyers can benefit from a generous 200% bonus, and compete for substantial prizes, including a $1 million USDT grand prize.

As one of the highest ROI cryptos—delivering 2240% to early buyers and surpassing $174 million in presale—BlockDAG’s momentum is undeniable with just few days left until its New Year raffle ends.