XRP News Today: XRP Surges 26% This Week Amid Whale Activity BlockDAG Presale Raises 346 Million

After a period of relative calm, the cryptocurrency market is showing renewed activity, with several notable projects attracting significant attention. XRP, Bittensor (TAO), and BlockDAG (BDAG) are among the cryptocurrencies that have seen substantial movements and are drawing the interest of investors and analysts alike.

XRP has shown strong technical indicators, with its price rising above $3.00 and whale activity increasing. This movement suggests a potential breakout in the near future. The latest technical analysis indicates that XRP is currently trading at $3.07, marking a 26% increase this week. The price has fluctuated between $2.42 and $3.07 over the past week, with a notable jump in trading volume, reflecting strong demand. Analysts believe that the large buying activity by whales, who collected 2.2 billion XRP in July, is supporting this rally. If XRP maintains its position above $3.00, it could be on the verge of a significant breakout.

Bittensor (TAO) is also experiencing a price rally, with its value surging beyond $439. This upward trend is linked to a key Fibonacci retracement level, which some traders see as the beginning of a new bullish phase. TAO's daily trading volume is approximately $460 million, and its market capitalization stands at $4.15 billion. Crypto trader Crypto Patel has noted a 45% bounce from the $260–$290 zone and identifies the $370–$330 range as a crucial entry point. Patel's targets for TAO range between $2,000 and $5,000 over time, indicating a bullish outlook for the cryptocurrency.

In the presale space, BlockDAG (BDAG) is making headlines with its NO VESTING PASS offer. For the next four days, buyers of BDAG will receive 100% of their purchased coins unlocked at launch. This offer is designed to provide immediate access to coins without the typical vesting period, although it only applies to coins bought during this limited window. The presale has already raised over $346 million, with BDAG currently selling at $0.0016 in Batch 29. The listing price is set at $0.05, presenting a potential return of 3,025% for early investors. With over 24 billion coins sold and the presale entering its final stages, this may be one of the last opportunities to acquire BDAG at a price below one cent before it hits the market.

The current market dynamics present a compelling case for each of these cryptocurrencies. XRP's strong technical indicators and whale activity suggest a potential breakout, while TAO's price rally and Fibonacci levels point to further gains. BlockDAG's NO VESTING PASS offer and potential 3,025% return make it a standout option in the presale space. With over $346 million raised and demand showing no signs of slowing, BlockDAG is positioning itself as a strong contender in the current cryptocurrency landscape.