Ethereum’s price has seen a drop, especially as the Fed’s potential rate cuts stir conversations about a possible DeFi boom, leaving investors cautious. Similarly, Monero (XMR) is facing uncertainty despite its bullish technicals, with prices dipping by 0.39% recently. But as crypto enthusiasts navigate these fluctuating trends, BlockDAG shows promising potential.
BlockDAG is emerging as a real game-changer with almost $73.5 million raised in its presale. The project has raised the bar higher by launching its Testnet, as developers race to build decentralized applications and NFTs on BlockDAG’s robust blockchain. As BlockDAG grows, it’s fast becoming one of the top cryptos to buy right now, poised to deliver up to 30,000x ROI to early holders.
Ethereum News: Price Drop & ETF Outflows
Ethereum has been a notable player in the DeFi space, but recent news reveals some challenges. While the potential for a DeFi boom remains strong, with analysts speculating that Fed rate cuts could inject more liquidity into the market, Ethereum’s price struggles to reflect this optimism.
Currently trading below $2,500, Ethereum is far from its yearly high of $4,000, and the short-term outlook isn’t particularly encouraging. Analysts like Michael van de Poppe are cautious, stating that Ethereum’s chart “looks awful” and may not have reached its bottom yet. The 50-day moving average is on a downward trend, and with $20 million in outflows from ETFs.
Why Monero (XMR) Price Shows Signs of Uncertainty?
Recently, Monero’s (XMR) price has been showing some uncertainty. Despite maintaining its bullish stance, XMR has shown signs of losing momentum. In the past 24 hours, Monero’s price dipped slightly by 0.39%, while trading volume increased by 3.1% to $46.29 million. This shift highlights a possible tug-of-war between buyers and sellers.
Technical analysis shows that Monero holds above significant levels, with support between $101 and $115. However, its RSI and MACD indicators suggest that the price is entering a period of uncertainty.
BlockDAG Presale Nears $73.5M Presale as Testnet Goes Live!
BlockDAG has officially launched its Testnet, marking a crucial step in its journey to becoming a top player in the blockchain space. This Testnet allows developers to build decentralized applications (dApps) and mint NFTs, showing the blockchain’s potential. This launch’s utility is significant—not just for developers, but also for existing holders.
The Testnet enables holders with over 7,500 BDAG coins to migrate their coins from the Devnet. With tools like the BlockDAG Explorer, users can also track transactions, view block details, and interact with the blockchain in real time. This strengthens the project’s technical foundation, offering a reliable platform for developers to deploy smart contracts, mint NFTs, and even stake coins.
For those who have been holding BlockDAG since its early stages, the Testnet launch is more than just a technical achievement—it’s an opportunity to capitalize on the growing utility of the coin. The project’s presale success, gathering nearly $73.5 million, highlights the increasing demand for BDAG coins. Early buyers have already witnessed a 1680% increase in their funds till now.
The increase in demand has led to the presale surging, while experts predict BDAG to hit $30 by 2030. In other words those who join the project now can reap up to 30,000x ROI.
Wrapping Up
While Ethereum news highlights price struggles and Monero (XMR) faces waning momentum, BlockDAG is quickly gaining traction as the top crypto to buy right now. With its Testnet live now, it’s allowing developers to easily build decentralized applications and NFTs.
Unlike Ethereum’s ongoing battle to break past $2,500 and Monero’s 0.39% price dip, BlockDAG is a promising option, evidenced by its presale reaching nearly $73.5 million in a couple of months. As the coin’s adoption increases, existing holders are well-positioned to benefit from its strong market standing as it shows up to 30,000x ROI potential.
Join BlockDAG – Act Now Before Prices Increase:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
