Tech
Crypto Bulls Rally: BlockDAG’s $2M Giveaway & BlockDAG’s Tech Lead: Is This the End for Solana and Fantom?
In the current cryptocurrency landscape, Solana (SOL) shows strong upside potential as the Fantom Foundation embarks on significant projects on its Layer-1 blockchain. However, BlockDAG (BDAG) grabs attention as the leading cryptocurrency for the next bull phase.
Using a Proof of Work consensus approach and a Directed Acyclic Graph (DAG) architecture, BlockDAG processes between 10,000 and 15,000 transactions per second. Priced at $0.014 in Batch 19, it has seen a 1300% increase, with a substantial $55.2 million raised and over 11.8 billion coins distributed. BlockDAG has quickly become the leading crypto pre-sale for 2024.
Fantom Foundation’s $120 Million Sonic Fund
The Fantom Foundation has dedicated 200 million FTM tokens, worth $120 million, to the Sonic Labs Innovator Fund. This fund supports projects transitioning to the Sonic Network, a Layer-1 blockchain with a Layer-2 bridge to Ethereum, designed for ultra-fast transactions.
Led by Andre Cronje’s strategic financial planning, the initiative aims to attract dApp developers and infrastructure services while maintaining the current FTM supply. Additionally, the Fantom Foundation is ready to onboard existing developers to Sonic and has launched a community-focused airdrop program. These efforts are set to revitalize the network and significantly improve the growth and adoption of the Sonic Network.
Solana Price Prediction: Expected Rise to $171
Solana price has recently surged to $136.36, even as Bitcoin has fallen below $60,000, causing widespread concern in the market. Solana’s chart reveals a descending triangle pattern due to Bitcoin’s fluctuations, but its $130 support level remains strong after four tests in the last 3.5 months.
The price also bounced from the 200-day SMA, which is known for its strong support. Solana trading volume increased by 135%, signaling increased investor interest. Predictions suggest that Solana price could rise to $171, marking a 25% increase, unless it breaks out of support levels, potentially dropping to $98, $87, or $56.
BlockDAG: One of the Major Crypto Pre-sales with a 1300% Increase
BlockDAG (BDAG) has entered the presale market, distinguishing itself with cutting-edge technology and significant investment opportunities. It uses a Proof of Work consensus mechanism and a Directed Acyclic Graph (DAG) structure, ensuring high transaction speeds, security and scalability, with capacities reaching up to 15,000 transactions per second.
The platform’s innovative low-code/no-code environment for creating smart contracts, fully compatible with the Ethereum Virtual Machine (EVM), sets a new standard in distributed ledger technology. BlockDAG offers multiple earning opportunities, including the Coin Investment Strategy that capitalizes on early price increases.
Mobile Mining Convenience allows users to earn around 20 BDAG coins per day via an app, while Dedicated Miner Units cater to active miners. Additionally, Trade Miners supports the use of BDAG coin miners on third-party platforms after pre-sale. This strategic diversification reduces risks and attracts a wide range of investors, establishing a solid revenue model.
BlockDAG has generated excitement in the cryptocurrency world with its $2 million giftawarding substantial cash prizes to 50 community members. With over 84,630 entrants and less than 50 days left, the competition is fierce.
BlockDAG price surged to $0.014 in Batch 19, marking a 1300% increase, with $55.2 million raised and over 11.8 billion BDAG coins sold. Compared to Solana’s optimistic price forecast and Fantom’s new Layer-1 initiatives, BlockDAG is recognized as the top crypto pre-sale for 2024.
Conclusion
As Solana price predictions continue to show bullish trends and the Fantom Foundation continues its Layer-1 blockchain initiatives, BlockDAG stands out as the top cryptocurrency for the next bull run. Its innovative technology, combined with significant investment opportunities and a substantial $2 million giveaway, solidifies its position as a market leader.
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