Alterations in Ethereum’s supply after the Dencun upgrade and the notable price increase of Lido DAO are examples of the market’s ongoing dynamic fluctuations. In the midst of these developments, BlockDAG (BDAG) became a prominent player in the cryptocurrency presale space. At $0.013, BlockDAG is currently in its 19th presale phase, a 1300% increase, and has raised $56.6 million by selling 12 billion coins.
This rapid growth underscores the excitement surrounding BlockDAG’s potential. Predictions suggest its price could reach $30 by 2030, offering a staggering 30,000x return on investment. Combining innovative mining technology and strategic initiatives positions BlockDAG as a formidable contender in the cryptocurrency market.
What you'll learn 👉
Lido DAO Price Surge Amidst Bearish Trends
This week, Lido DAO experienced a significant price increase, outperforming several key market players. Despite an 11.6% rise over the past two weeks, technical indicators suggest increasing bearish pressure. The current market sentiment score for Lido DAO stands at 37%, while the Fear & Greed Index is at 55.
The Relative Strength Index (RSI) is at 33.47, hinting at a potential dip below $1.80. The long/short ratio is 1.01, indicating that bulls are working hard to maintain the $1.80 support level. Short-term predictions for 2024 place Lido DAO’s price between $3.24 and $4.40, with a possible peak at $7.29. At present, Lido DAO is valued at $2.15.
Ethereum Supply Expansion Following Dencun Upgrade
Since mid-April 2024, Ethereum has witnessed a notable increase in supply, with over 112,000 ETH added to the market, primarily due to the Dencun upgrade implemented on March 13. This upgrade introduced nine Ethereum Improvement Proposals (EIPs), including EIP-4844, which reduced fees on Ethereum’s layer-2 networks by temporarily storing transaction data separately.
The proto-dank sharding feature enhanced data availability, making transactions more efficient. Despite the recent increase in supply, the total supply of Ethereum has decreased by 345,000 ETH since the transition to a proof-of-stake mechanism in September 2022. Ethereum’s current price is $3,380.01. The increase in supply presents mixed implications for investors, balancing lower transaction costs with potential inflationary pressures.
BlockDAG Aiming for $30 by 2030 with Promising ROI
BlockDAG’s presale success highlights strong investor confidence and market traction. In its 19th presale batch, BlockDAG has seen a 1300% increase, raising $56.6 million and selling 12 billion coins. This rapid growth fuels the excitement around BlockDAG’s $30 by 2030 price prediction. With a projected launch price of $0.05 by the final 45th batch, representing a 5000% increase, BlockDAG offers the potential for a remarkable 30,000x return on investment.
This growth is supported by BlockDAG’s X series miners, which have contributed $3.5 million to the presale through the sale of over 8,520 units. The standout of the series, the X100 miner, boasts a hash rate of 2 TH/s and a power consumption of 1800W. Designed for high-yield mining, the X100 can generate up to 2,000 BDAG daily, equivalent to $100 at launch price, with the potential for even higher earnings as BDAG coins appreciate.
The X100 combines advanced ASIC technology for enhanced computational power and energy efficiency, making it suitable for environments with controlled noise levels. Its scalability makes it ideal for both serious crypto-mining enthusiasts and large-scale operations. BlockDAG’s innovative approach and ambitious price prediction continue to attract significant attention, promising substantial returns and robust passive income opportunities.
Final Thought
In the face of significant market changes like Ethereum’s increased supply from the Dencun upgrade and Lido DAO’s notable price rise, BlockDAG stands out as the leading crypto presale. With a 1300% surge in its 19th presale batch, raising $56.6 million and selling 12 billion coins, BlockDAG’s impressive growth and market traction underscore its potential.
The $30 by 2030 price prediction, suggesting a remarkable 30,000x return on investment, further cement BlockDAG’s position as a leading contender in the cryptocurrency market. Don’t miss out on the opportunity to join the BlockDAG presale now!
Join BlockDAG Presale Now:
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