The market cap of NEAR Protocol is approaching its annual peak, yet it encounters formidable resistance that has been challenged repeatedly, indicating intense selling pressures. Conversely, the VeChain (VET) price is climbing, though it struggles to break through its resistance levels. Meanwhile, BlockDAG has launched an advanced update to its dashboard, revealing significant whale transactions and elevating the standards in the crypto industry with its improved features and real-time data.
BlockDAG’s CoinMarketCap debut was celebrated prominently at Piccadilly Circus, featuring the X1 application and its robust crypto mining equipment. These advancements and achievements have propelled presale figures to unprecedented levels, gathering over $34.5 million and establishing BlockDAG as a leading innovator in the cryptocurrency sector.
What you'll learn 👉
NEAR Protocol Market Cap Dynamics
The NEAR Protocol’s market cap is nearing its highest level for the year, showing increased market interest. However, it continues to meet significant resistance tested on several occasions, pointing to heavy selling pressures. Still, the trend line is upward, suggesting positive market sentiment.
The pricing remains above the Ichimoku Cloud, with the Tenkan Line indicating a positive outlook. The RSI stands over 50, hinting at a possible rise to 70. Technical analyses predict a bullish future for NEAR with a potential rise in the mid-term.
VeChain (VET) Pricing and Market Challenges
VeChain’s price trajectory is on the rise, capturing the focus of market analysts and investors alike. Despite difficulties in overcoming resistance levels, VET shows promise for further gains. After rallying from a pivotal support point, VET has marked a notable increase over the week.
Even with a 1.61% decline, experts observe VET’s proximity to the lower Bollinger Bands, which typically precedes a price jump, though past trends may not always predict future outcomes. If VET successfully rebounds from the horizontal support, it could aim for a new target price of $0.10.
BlockDAG’s Dashboard Upgrade Draws $34.5M, Celebrated at Piccadilly Circus
BlockDAG has recently introduced a major upgrade to its dashboard, establishing a new benchmark in the cryptocurrency sector with its improved functionality and real-time updates. The revamped dashboard is now segmented into several critical areas: the primary Dashboard page, the Leaderboard page, and detailed views of transactions via “My Transactions” and “Live Transactions,” with the addition of the Profile page.
On the primary Dashboard Page, the ‘Hot News’ section stands out as a revolutionary feature that keeps users fully updated. This section offers instant access to the most urgent and significant announcements, ensuring that users remain at the forefront of the rapidly evolving cryptocurrency environment. Whether it involves major partnership news, significant technological advancements, or shifts in market trends, the ‘Hot News’ section provides users with timely and pertinent updates.
Additionally, BlockDAG has captured significant attention with its dynamic presentation at Piccadilly Circus. This event celebrated its listing on CoinMarketCap and revealed its ambitious $100 million liquidity strategy, while also showcasing the X1 mining app. This app represents the portable adaptation of BlockDAG’s superior mining technology and leading crypto-mining rigs. The high-profile nature of this event significantly boosted BlockDAG’s visibility, sparking heightened investor interest and driving the presale into its 15th batch, raising $34.5 million.
Takeaway
As NEAR Protocol’s market cap reaches a year-high and VeChain’s price potentially sets for a climb, BlockDAG marks another milestone, surpassing $34.5 million in raised funds, driven by excitement over its dashboard update and Piccadilly Circus showcase. These achievements affirm BlockDAG’s role as a pioneer in the crypto universe, with prospects for even greater innovations and triumphs.
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