Between 2014 and 2023, the crypto market embraced the holiday season spirit with a “Santa Claus Rally” eight out of ten years. During the week after Christmas, the total crypto market cap increased by as much as 11.87%!
As anticipation builds for this year’s Santa Claus Rally, Monero (XMR), Litecoin (LTC), and are at the forefront due to their potential for growth.
Monero has seen a 50% rise in the past month, thanks to its commitment to privacy. Meanwhile, after a recent 13.59% decline over a week, Litecoin’s resilience has set it up for a possible 15% gain.
At the heart of this festive excitement stands BlockDAG. With its advanced DAG-based framework and EVM compatibility, outlined in the newly released Whitepaper V3, it promises significant scalability and simplicity for developers. Analysts are now optimistic about its potential to reach a $1 value as we approach the most thrilling time of the crypto year!