"Binance Coin, Solana Tumble; BlockDAG's Affiliate Program Offers 5% USDT Cashback"

Generated by AI AgentCoin World
Sunday, Feb 2, 2025 7:24 am ET1min read

Crypto markets have been volatile this week, with Binance Coin (BNB) and Solana (SOL) facing challenges, while BlockDAG (BDAG) has introduced an attractive affiliate program with a 5% USDT cashback offer.

Binance Coin (BNB) has experienced a 19% decline from its peak, hitting a low of $640 before stabilizing around $677. Analysts are debating whether BNB will find support at $638 or extend losses toward $485. Despite the recent dip, BNB remains in a broader uptrend, though weakening momentum is evident. The Relative Strength Index signals a cooling phase, and traders are closely monitoring a possible break below the ascending channel near $408. However, if BNB holds above $638, a potential rally toward $900 remains a possibility in a bullish outlook.

Solana (SOL) price action has become uncertain after dropping below $250, raising concerns that further declines may follow if it fails to stay above $235. Market watchers note that SOL remains below the 100-hourly simple moving average, pointing to limited upward momentum. If Solana cannot break past resistance at $242, it may test support levels at $225 or even drop further to $222. Currently, SOL is trading at $238.96 as traders wait for a clearer market direction. Some analysts caution that if SOL falls below $212, it could open the door to $200. Conversely, if Solana manages to reclaim $250, it could set the stage for a recovery toward $260 or beyond.

BlockDAG’s presale continues to attract attention, especially with the latest enhancement to its Affiliate Program, which provides 5% instant USDT cashback to both referrers and buyers. This update ensures that participants on both sides receive immediate benefits, making the program even more appealing. Currently, BDAG is priced at $0.0248, with over $191.5 million raised and 18.2 billion coins sold. Early supporters have already witnessed a remarkable 2,380% ROI, fueling discussions about BDAG’s rise as one of the most popular crypto coins in the market.

The cashback process

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