Octoblock’s USDC airdrops maintained a high APY on the Monday event, amidst Bitcoin’s $10.000 slide from its ATH. After a record Bitcoin price of $73K in March, the pioneer crypto is now at $61K, its lowest level since attaining the all-time high.

Bitcoin Price Action: Has It Topped?

Bitcoin price dipped on April 14 to $61K, pulling other cryptocurrencies to their lows, especially the meme coins. Bitcoin price prediction suggests that the Iran and Israel tensions may have played a role in destabilizing BTC from its course to surpass its ATH. Bitcoin was on the verge last week as its price stood at $72,500 before the crash. After the drone attack, followed discussions of World War III on social media. BTC news also noted an increasing activity with miners liquidating their holdings ahead of Bitcoin Halving as a strategic move to consolidate. Bitcoin price prediction bets on a support level at $60K, but below this point, could put pressure on BTC, leading to a further downtrend. On its upside, a breach above $67K would spur a bullish movement. All eyes are on this crypto gold to see whether it has topped, or is not yet done.

Octoblock’s Resilient Approach

Octoblock’s all-around initiatives fortify the project against unfavorable market conditions and maintain its profitability and liquidity. Its ICO is live in phase four at $0.038, with a 12% bonus top-up on every OCTO token bought. The ICO hopes to offer 16M OCTO tokens in phase four and entitles holders to entries into various reward systems posting impressive APY. Phase four will run from 16 to 24 April and all ICO holders get automatic slots to participate in the Tesla Model 3 draw and indirectly support carbon reduction efforts. The draw which will be held before launch will feature a random selection of the winner, giving participants an equal chance. The Tentacle Trust allows investors to choose an organization they deem fit for funding, as long as it deals with oceanic or marine health. The holders will determine the organization through a vote.

Octoblock’s USDC Airdrops Continue Despite BTC Price Crash

The Nautilus approach is the money-generating aspect of Octoblock, rotating profits in worthy investments while pivoting Beefy Finance. From profits thereof, half goes to investors in the form of rewards and USDC airdrops. Each ICO participant will access airdrops, distributed in USDC and OCTO into their wallet addresses used in account opening. The amount depends on an investor’s OCTO holdings and USDC airdrops are a weekly affair occurring every Monday. The current APY displayed on the OCTO website is 165% and TVL of $27,394, still a high figure for a project at the initial presale phases.

The Octoblock protocol strives to become the ultimate multi-chain DEX provider through a simple and secure Coral Cove DEX. It strives to attain over one hundred cryptocurrency support and all network compatibility.

Read on for more:

Buy OCTO: https://reef.octoblock.io/register

Website: https://octoblock.io/