Long-Term Crypto Picks 2024: BlockDAG’s $51.4M Presale, Fantom Price Bull Run, and Ethereum Value Surge
The crypto realm is ablaze with transformative developments. Fantom’s Sonic Chain launch has boosted transaction efficiency, driving an 8% price surge. Similarly, Ethereum’s bullish trend above $3,800 hints at potential highs of $4,200. Yet, BlockDAG stands out with its striking presale success, raising $51.4 million and achieving an 1120% price increase by Batch 18. This dual approach of fostering investment opportunities and community engagement positions BlockDAG as a formidable player in the cryptocurrency landscape.
Fantom’s Sonic Chain Sparks Bullish Momentum
The launch of the Sonic Chain by the Fantom (FTM) Foundation has enhanced transaction speed, scalability, and cost efficiency by bridging layer 2 to Ethereum. Users have reported significant improvements in execution speed, boosting trader optimism for a potential price uptrend in FTM.
Subsequently, the price has increased by 8%, with expectations for further growth as the Sonic Chain unlocks substantial liquidity and protocols. Additionally, with strengthened fundamentals, FTM’s bullish momentum may persist, attracting investors looking for altcoin opportunities. Therefore, Fantom’s promising growth potential suggests a bright future for the token.
Can Ethereum Hit the $4,000 Milestone?
Similarly, Ethereum’s price is showing a bullish trend, currently trading above $3,800 with significant support near $3,840. The price movement is bolstered by a key bullish trend line around this level, coupled with its position above the 100-hourly Simple Moving Average.
The immediate resistance lies at $3,880, and a successful breach of this could propel ETH towards the $3,920 resistance zone. Should Ethereum manage to clear $3,920, it is likely to target the $4,000 level and may even reach $4,200. Conversely, if it fails to surpass $3,880, a downside correction could occur, with initial support at $3,840, followed by $3,800.
BlockDAG’s Dual Strategy: A $51.4 Million Presale and $2 Million Giveaway
Meanwhile, BlockDAG is carving its niche in the crypto universe with a striking dual approach, blending lucrative investment opportunities with an engaging community initiative. On the one hand, the platform has captivated early adopters with a record-breaking $51.4 million during its Batch 18 presale, highlighting an 1120% price increase from its initial batch—a testament to the platform’s robust investment appeal and promising future, which experts believe could see a return of up to 30,000x by 2030. This remarkable trajectory is not just a number but a reflection of growing investor confidence, with over 11.5 billion BDAG coins circulating and more than 7,800 miners active.
Simultaneously, BlockDAG is energizing its community through a $2 million giveaway. By encouraging users to engage with their platform—whether by following social media, submitting wallet addresses, or participating in creative quests—BlockDAG is not only rewarding its users but also fostering a fertile ground for the growth of decentralized applications. This synergy between advanced technological infrastructure and active community engagement builds a bridge to accessible blockchain technology, enabling even those with minimal coding knowledge to launch diverse projects ranging from utility tokens to digital art marketplaces.
In essence, these dual facets of BlockDAG coalesce to not just draw investments but to cultivate a dynamic ecosystem where technology meets creativity, reward intersects with opportunity, and every user can potentially sculpt their fortune in the sprawling tapestry of the crypto economy.
The Last Say
The crypto landscape is teeming with advancements, from Fantom’s Sonic Chain enhancing transaction efficiency and boosting FTM’s price to Ethereum’s promising bullish trend. However, BlockDAG distinguishes itself with its remarkable presale coin success, securing $51.4 million and an 1120% price increase by Batch 18. This blend of strong investment appeal and active community engagement solidifies BlockDAG’s position as a significant contender, showcasing its potential to shape the future of cryptocurrency.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
