2024-9-4 18:00 |
BTC and ETH have yet to meet investors’ expectations in the broader crypto market. At the start of the year, optimism was high, with many expecting a bull market that could push BTC to $100k, driven by the launch of the BTC spot ETF and the upcoming Bitcoin halving. However, the anticipated rally failed to materialize.
ETH has been an even worse performer, with no significant moves made thus far. Investor attention, however, has shifted towards DigiHorse (DIGI) after it successfully closed its second presale phase in just six days, raising a total of $400,000.
BTC Struggles Despite Bullish SignalsBitcoin has struggled to deliver any clear market action, contrary to investor expectations of a stronger rally. Many had anticipated that BTC would climb much higher than its previous peak of $73k.
The post-halving effect has been slow to reflect in the asset’s price, which currently trades below $60k, at $58.4k at press time. The Chaikin Money Flow (CMF) indicates a significant outflow of funds from BTC, further dampening bullish sentiment.
ETH Continues to UnderperformETH has been underperforming in the market. Over the past month, it has dropped by 25.98%, and in the last year, it has only seen a modest increase of 44%, compared to SOL’s dramatic 600% decline.
Currently, ETH has fallen to $2,451 after failing to hold the $2,553.08 level and is now heading toward the $2,116.02 resistance, which could lead to losses for some investors.
DigiHorse (DIGI) Offers Investors a Deep PortfolioDigiHorse (DIGI) has gained significant traction following its recent successes, raising over $400,000 in a record time of six weeks, selling out both phases 1 and 2.
DigiHorse is a Web3 horse gaming platform in development, expected to launch one of the most groundbreaking projects in the $450 billion gaming industry.
It promises to introduce some of the best implementations currently missing in Web3 gaming platforms like Zed Run, DeRace, and Crown. These features are set to be unveiled on launch day. Among them is the rumored multichain implementation, allowing users from different blockchain networks to participate in the game.
Additionally, DigiHorse is expected to introduce a staking protocol that will activate DIGI and allow users to earn rewards. The strategic partnerships with top NFT brands and other Web3 gambling companies further position DigiHorse for tremendous growth upon launch.
Currently, DigiHorse is in its third presale stage, which is expected to sell out faster than the second phase, potentially within just a week, making it an outstanding choice for investors.
If you’re interested in being part of DigiHorse, you can join the DIGI presale for a chance to be part of its impact.
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The post BTC and ETH Struggle to Find Balance; Investors’ Attention Shifts to DigiHorse (DIGI) with a Promising 2000% Rally appeared first on CaptainAltcoin.
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