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BlockDAG’s $73M Presale Surge and 30,000x ROI Potential: Ethereum ETF and AAVE’s September Moves!

By Partner Sep 19, 2024

As September unfolds, the crypto market is anticipating recovery, particularly for Ethereum and AAVE. Ethereum ETFs are showing signs of a potential rebound from recent downturns, and AAVE’s price outlook is becoming more optimistic.

In this context, traders are shifting their focus toward long-term opportunities like BlockDAG. Still in its early presale phase, BlockDAG has already raised over $73 million, delivering 1680% gains to early participants. BlockDAG’s high-profile deals with Inter Milan and Borussia Dortmund, and rumors of a potential partnership with a Premier League club, further highlight its growing influence and global ambitions.

Ethereum ETFs Face Outflows, But Long-Term Confidence Remains

Ethereum has recently experienced significant outflows from its ETFs. Grayscale’s Ethereum Trust saw the exit of 2,237 ETH, valued at around $5.63 million. In total, Ethereum ETFs have recorded net outflows of 861 ETH, worth approximately $2.17 million. However, Grayscale still holds a substantial 1.8 million ETH in its portfolio, valued at roughly $4.55 billion, reaffirming Ethereum’s strong long-term position in the market.

These outflows could be the result of changing investor strategies or reactions to market volatility. While capital may be shifting to other assets, Ethereum’s robust foundation and upcoming Ethereum 2.0 upgrade continue to make it a strong candidate for long-term growth. Investors will be monitoring developments closely in the weeks ahead.

AAVE Price Prediction Looks Positive for September

AAVE is showing strength, having recently crossed the $130 mark with a market cap of $1.95 billion, approaching the $2 billion milestone. Over the last 24 hours, AAVE has seen a 9.23% increase, trading at $131. After reaching a 30-day high of $148, the token found solid support at $117, which, along with the 200-period EMA, suggests a stable foundation for further growth.

AAVE’s price outlook suggests a potential rise towards $150, with technical indicators like the MACD pointing to a positive trend. Fibonacci levels show resistance at $137 and $143, but strong support at $117 and $130 provides a buffer against downside risks, positioning AAVE as a key asset to watch in the DeFi market.

BlockDAG Eyes the Premier League

BlockDAG continues to expand its presence through significant sponsorship deals with top European soccer clubs, starting with Borussia Dortmund. This partnership gives BlockDAG high visibility with LED advertisements and big screen placements during Dortmund’s home games. Millions of fans, both in the stadium and watching from home, are being introduced to BlockDAG’s decentralized platform, demonstrating the project’s commitment to increasing its global footprint.

BlockDAG has also partnered with Inter Milan, a major Italian soccer club. This deal includes prominent branding at Inter Milan’s San Siro stadium and on the club’s social media platforms, exposing BlockDAG to millions of fans worldwide and increasing its platform’s visibility.

Rumors are also circulating that BlockDAG is in talks to secure a deal with a Premier League club. If confirmed, this partnership would extend BlockDAG’s reach even further, solidifying its growing presence in the sports world and expanding its influence in the crypto market.

These high-profile partnerships have contributed to BlockDAG’s presale success, which has raised over $73 million and delivered a 1680% return for early buyers. With predictions of delivering over 30,000x returns post-launch, BlockDAG is positioning itself as one of the most promising projects in the crypto space.

Key Insights

As Ethereum faces ETF outflows and AAVE shows bullish momentum, BlockDAG emerges with strong potential. Having raised over $73 million in its presale, with early buyers enjoying a 1680% return, BlockDAG’s momentum continues to grow. Its key partnerships with Borussia Dortmund and Inter Milan, along with potential deals with a Premier League club, highlight BlockDAG’s ambitious global expansion. As Ethereum ETFs face challenges and AAVE continues its upward trend, BlockDAG offers long-term promise for those looking to capitalize on the next major opportunity in the crypto market.