This summer, the market has seen its highest number of historical picks ever. With Bitcoin being the market leader, other coins are following the trend as well. Finding top cryptos to watch at this time is a crucial decision for every trader.
Although most sentiments in the market revolve around Bitcoin and Ethereum, visionary traders know that they are not all the market has to offer. In recent weeks, OKB (OKB), Arbitrum (ARB), Sei (SEI), and BlokcDAG (BDAG) attracted many buyers and are turning into top cryptos to watch.
- BlockDAG: Records Over 25.4 Billion Coins Sold
With the record-breaking presale that has raised $383 million, BlockDAG is quickly capturing attention in the crypto world. This remarkable early momentum shows strong market confidence and prepares the stage for the coin’s rapid growth.
BlockDAG is experiencing significant adoption, with over 200,000 holders and more than 2.5 million active mobile miners utilizing its X1 Miner app. The increasing sales of its X-Series hardware miners, exceeding 19,200 units sold, demonstrate massive demand and a vast global presence.
BlockDAG has a rare performance in the crypto presale landscape as well. From Batch 1 to Batch 29, BDAG has surged 2,660%. Analysts predict that BDAG could reach $1, with the strong support of its innovative hybrid DAG + PoW technology. The combination of expanding community support and cutting-edge infrastructure positions BlockDAG as a top crypto to watch this month. Moving from $0.0276 to $1 would mean more than 36x gain from today’s price for the early buyers.
- OKB: 297 Million Tokens Vanished. Is It a Signal of Growth?
In a significant move for the cryptocurrency market, the OKX exchange has conducted a massive OKB token burn, permanently removing 279 million OKB tokens from circulation. This event, reported by blockchain tracking service Whale Alert, signifies a strategic decision by OKX with potentially substantial implications for the future of its token.
While sometimes burning causes some picks in price increases due to scarcity, buyers should note that supply and demand are not the only factors. The market is influenced by many other factors, and before buying any asset, all the aspects should be considered.
- Arbitrum (ARB): Going Down or Just a Bullish Test
The cryptocurrency market is experiencing a pullback after the latest U.S. Producer Price Index (PPI) data was released. This news triggered significant selling pressure. Ethereum (ETH) has dropped to $4,600, impacting major altcoins like Arbitrum (ARB).
Arbitrum (ARB) has seen a 5% daily decrease, reducing its weekly gain to 23%. Although short-term sentiment has turned negative, the technical analysis on the daily chart suggests this dip might be a bullish retest rather than a trend reversal.
- Sei (SEI): Buyers Hoping for the $0.39 Price Target
In our searches for the top cryptos to watch, next is SEI. The coin is showing bullish momentum, potentially might reach $0.39 if the current trend persists, supported by key levels between $0.3160 and $0.3200.
Meanwhile, the Sei Network is experiencing great platform growth, marked by many daily active wallets and transaction volumes. Moreover, the integration of Sei as a default network on MetaMask enhances accessibility for millions of users and significantly boosts its exposure within the crypto ecosystem.
Last Thoughts: Top Cryptos to Watch, Which One to Buy?
The crypto market is experiencing exciting days with daily news fluctuating the waves. Looking for top cryptos to watch is every trader’s concern these days.
While many projects like OKB, ARB, and SEI show unique developments, from token burns and bullish retests to growing adoption, BlockDAG clearly stands apart. Its record-breaking presale, with over 25.4 billion coins sold and $383 million raised, shows unbeatable early demand. The numbers in the presale indicate adoption is already outstanding, and the sales of over X-Series miners reinforce its global reach. With the community support, BlockDAG could be a win for any trader right now.
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