Chainlink (LINK) and Filecoin (FIL) are capturing attention with their potential for significant market moves and technological advancements. Chainlink’s price shows promise of a bullish reversal indicated by a “head and shoulders” pattern, while Filecoin prepares for its NV23 ‘Waffle’ upgrade, promising enhanced network performance. 

In contrast, BlockDAG, a top-rated crypto, shines with its recent presale success, amassing $63.8 million, driven by a robust team reveal and an engaging AMA session that bolstered investor confidence and highlighted its vision to get to its presale target of $600 million.

Chainlink Price Prediction: Analysts Spot Bullish Pattern

Crypto analyst Ali Martinez has observed a potential “head and shoulders” pattern forming in Chainlink’s (LINK) price, as seen on a four-hour chart. This pattern, often indicating a trend reversal, could lead to a bullish run if the “neckline” closes at $15, potentially pushing the price to $19.

After a recent market correction, Chainlink’s price fell by 16% to $12.6 but has since recovered to $13.65. During this dip, whales purchased over 6.2 million LINK, totalling around $76.88 million. This significant buying activity suggests optimism for a price rebound, highlighting an interesting opportunity for Chainlink price prediction.

Filecoin (FIL) Network Upgrade – Improvement Protocols 

Filecoin (FIL) will release its NV23 ‘Waffle’ upgrade on August 6, 2024, enhancing network performance and integration with the broader blockchain ecosystem. The Filecoin network upgrade includes several significant Filecoin Improvement Proposals (FIPs). 

Notably, FIP-00086 introduces passive testing for fast finality (F3) on the mainnet, with a potential full rollout in NV24. FIP-0091 supports Homestead and EIP-155 Ethereum transactions, improving compatibility with Ethereum tools and wallets.

FIP-0092 introduces Non-Interactive Proof of Replication (NI-PoRep), which separates sealing from storage tasks, allowing for early sealing in low-energy regions and greater control over scheduling.

Top-Rated Crypto BlockDAG Promotes Transparency with AMA Session 

Following the recent team reveal, BlockDAG has gained significant market attention, led by a team including CEO Antony Turner, security expert Youssef Khaoulaj, and M.I.T. alum Maurice Herlihy. This talented team brings diverse skills and experience, making BlockDAG a strong player in the crypto space.

In a recent interview, CEO Antony Turner shared the important milestones BlockDAG has achieved. The network’s first major milestone was the mobile mining app launch, allowing the community to mine 20 BDAG coins daily through proof of engagement. 

Turner explained that BlockDAG, a Layer1 blockchain, offers a foundational technology that other projects can build upon. He also mentioned, “BlockDAG does provide certain UI elements, such as a Block Explorer which we’re close to completing”. 

Excitement surged after the AMA session with the CEO and team. He highlighted the value of community engagement in the AMA session, saying, “We’re introducing our team and updating marketing materials for clarity and transparency.

We’ll hold regular AMAs to address questions and foster a supportive, informed community.” These sessions are key for building trust and reinforcing BlockDAG’s role in the blockchain revolution.

The recent reveal and AMA session with the CEO and team have significantly boosted investor confidence. This is evident from the presale reaching $63.8 million, with $1 million raised in just one day, resulting in a 1600% price increase at $0.017 per coin.

Budding momentum in the project has given it the potential to be one of the best cryptos to invest in for long term gains.

What elevates BlockDAG to top-rated crypto status?

While Chainlink hints at a bullish uptick and Filecoin gears up for its NV23 upgrade, BlockDAG steals the spotlight. With a remarkable $63.8 million from its presale, BlockDAG showcases not just financial success but a leap in blockchain technology.

Their strategy of engaging the community through informative AMA sessions and clear communication has kept them at the forefront of innovation, making it a top-rated crypto in the crypto market over Chainlink and Filecoin.

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