Binance Square
Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
LIVE
MarsNext
--・2.5k views
Experts Predict BlockDAG To Hit $20 By 2027, Surpassing #Toncoin (Ton) & Attracting Doge Investors Amid Market Shifts Toncoin (TON) is experiencing a remarkable surge, up by 35% in the past week and 136% in the last month, signaling strong market confidence and encouraging investors to buy during dips. Despite potential challenges, such as a breach below the support line leading to a decline towards $4.28, Toncoin remains prominent in the crypto arena. In contrast, Dogecoin ($DOGE ) investors are facing market volatility and competition from rival cryptocurrencies, prompting shifts in investment strategies. This reflects the need for adaptability and innovation in managing crypto investments, with alternatives like BlockDAG gaining attention. BlockDAG, a leading decentralized cryptocurrency, integrates core #Blockchain attributes with its proprietary BlockDAG Coin (BDAG), driving growth and innovation in the digital economy. Empowering developers to create advanced decentralized applications (#dApps ) and smart contracts, BlockDAG fosters improvements across sectors like decentralized finance (#DEFI ) and supply chain management. With a successful $20.1 million presale and a roadmap targeting $600 million in funds, BlockDAG's market performance is impressive. Experts predict a substantial increase in BDAG price to $20 by 2027, supported by a detailed technical white paper and influential keynote. BlockDAG's innovative platform reshapes interactions within decentralized frameworks, promising significant returns for investors. As Toncoin gains momentum and DOGE investors adapt to market shifts, BlockDAG emerges as a premier decentralized #cryptocurrency with substantial growth potential. Source - blockchainreporter.net

Experts Predict BlockDAG To Hit $20 By 2027, Surpassing #Toncoin (Ton) & Attracting Doge Investors Amid Market Shifts


Toncoin (TON) is experiencing a remarkable surge, up by 35% in the past week and 136% in the last month, signaling strong market confidence and encouraging investors to buy during dips. Despite potential challenges, such as a breach below the support line leading to a decline towards $4.28, Toncoin remains prominent in the crypto arena.

In contrast, Dogecoin ($DOGE ) investors are facing market volatility and competition from rival cryptocurrencies, prompting shifts in investment strategies. This reflects the need for adaptability and innovation in managing crypto investments, with alternatives like BlockDAG gaining attention.

BlockDAG, a leading decentralized cryptocurrency, integrates core #Blockchain attributes with its proprietary BlockDAG Coin (BDAG), driving growth and innovation in the digital economy.

Empowering developers to create advanced decentralized applications (#dApps ) and smart contracts, BlockDAG fosters improvements across sectors like decentralized finance (#DEFI ) and supply chain management.

With a successful $20.1 million presale and a roadmap targeting $600 million in funds, BlockDAG's market performance is impressive. Experts predict a substantial increase in BDAG price to $20 by 2027, supported by a detailed technical white paper and influential keynote.

BlockDAG's innovative platform reshapes interactions within decentralized frameworks, promising significant returns for investors. As Toncoin gains momentum and DOGE investors adapt to market shifts, BlockDAG emerges as a premier decentralized #cryptocurrency with substantial growth potential.


Source - blockchainreporter.net

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
MarsNext
@MarsNext

Explore More From Creator

$XRP Hasn’t Had A Bull Cycle Since 2017, Analyst Reveals What Will Happen When It Does XRP Price Analysis: Potential for a Bull Rally in 2024 - XRP has been a concern for investors, seemingly stagnant since its last significant rally during the 2017-2018 bull market. Despite another massive #BullMarket since then, XRP hasn't followed the broader market trend. Expectations for the altcoin have significantly dropped, but one analyst believes XRP could soon enter the spotlight with impressive price targets. Why XRP Could Be Preparing for a Bull Rally - Crypto analyst CryptoManiac101 shared an optimistic view of XRP's future on TradingView. The analyst highlighted several indicators suggesting that XRP might be gearing up for a significant move. Key points include the convergence of three different moving averages in 2024, forming a symmetrical triangle pattern around the $0.51 level, indicating consolidation and potential accumulation, which bodes well for price increases. - The analyst also reviewed XRP's performance over the past 11 years, noting significant price spikes in 2017 and 2018. This historical performance, when compared to current patterns, suggests a possible repeat in 2024 and 2025, as the cycles show consistency in movement. Potential Price Targets - The analyst suggests that historical patterns, which have been bullish for XRP, usually lead to a rally after 75% completion of the pattern. Currently, these patterns have reached 88.93% completion, indicating a breakout is overdue. - In the event of a rally, the analyst predicts an increase of at least 800%, pushing the price above $4. This prediction is based on a potential breakout from the symmetrical triangle formed by the converging moving averages. The analyst expects the rally to start at around $4.5. - This analysis implies that XRP could be on the verge of a significant price surge, driven by historical patterns and current market indicators. Source - newsbtc.com #CryptoTrends2024 #cryptocurrency #BinanceSquareUpdates #CryptoNews🔒📰🚫
--
💥💥💥 #bitcoin Price Gains Momentum: Bullish Surge Ahead? Bitcoin Price Analysis: Potential Bullish Momentum Above $69,500 - Bitcoin's price found support at $67,000 and initiated a fresh increase, climbing above $69,500. BTC might continue to rise in the near term. Key Points: - Bitcoin started a steady increase above the $68,500 and $69,500 resistance levels. - The price is trading above $68,500 and the 100-hourly Simple Moving Average. - A key bearish trend line with resistance at $68,000 was broken on the hourly chart of the BTC/USD pair (data feed from Kraken). - The pair could gain bullish momentum if it settles above the $69,500 level. Bitcoin Price Remains Strong Bitcoin extended its decline below $67,200, retesting the $66,650 zone before starting a fresh increase. It moved clearly above the $68,500 resistance zone and broke the key bearish trend line at $68,000. The price cleared the $69,500 resistance and spiked above $70,000, reaching a high of $70,253 before correcting. Bitcoin dipped below $69,500, under the 23.6% Fibonacci retracement from $67,283 to $70,253. It is now trading above $68,500 and the 100-hourly SMA, holding above the 50% Fib retracement. Resistance is at $69,200, with major resistance at $69,550 and $70,000. A move above $70,200 could push the price to $70,600, with further gains potentially reaching $72,000. Potential for Another Decline If Bitcoin fails to climb above the $69,500 resistance, it could start another decline. Immediate support is near $68,750, with the first major support at $68,400 and the next at $68,000. Any more losses might send the price toward the $67,200 support zone in the near term. Technical Indicators: - Hourly MACD: Gaining pace in the bullish zone. - Hourly RSI: Above 50. Support and Resistance Levels: - Major Support: $68,400, followed by $68,000. - Major Resistance: $69,500, and $70,000. Bitcoin's price might continue to rise if it overcomes key resistance levels and sustains upward momentum. Source - newsbtc.com
--
🔥🔥🔥 #Ethereum Signals #BEARISH📉 Extension: Is a Short-Term Downtrend Coming? Ethereum Price Analysis: Potential Bearish Momentum Below $3,840 Support Ethereum's price is showing bearish tendencies below the $3,840 support level. A decisive move below $3,700 could lead to increased bearish momentum for $ETH . Key Points: - Ethereum's price has declined to the $3,700 zone. - The price is trading below both the $3,840 level and the 100-hourly Simple Moving Average. - A key bullish trend line with support at $3,780 was broken on the hourly chart of ETH/USD (data via Kraken). - A fresh increase may begin unless ETH closes below the $3,700 support level. Ethereum's Decline Ethereum faced resistance at the $3,850 mark and failed to break the 50% Fibonacci retracement level from the $3,958 high to the $3,702 low. Rejection below $3,800 led to a dip and the break of the trend line at $3,780 pushed the price lower. Currently, ETH is trading below $3,840 and the 100-hourly SMA. For an upward move, ETH needs to overcome resistance near $3,800, with major resistance at $3,840. A breakout above $3,840 could target $3,900 (76.4% Fib level), with potential rises to $4,000 and $4,080. Continued gains might drive Ether toward the $4,220 resistance zone. Potential for Further Losses If Ethereum fails to break the $3,840 resistance, it may decline further. Initial support is at $3,730, with critical support at $3,700. A move below $3,700 could push the price to $3,660, with further losses potentially leading to $3,550. Technical Indicators: - Hourly MACD: Gaining bearish momentum. - Hourly RSI: Below 50. Support and Resistance Levels: - Major Support: $3,730 - Major Resistance: $3,840 This analysis suggests that Ethereum's price could decline further unless it overcomes key resistance levels and maintains upward momentum. Source - newsbtc.com #CryptoUpdate #BinanceSquareTalks
--
👉👉👉 #bitcoin Runes Resurgence? Why Asia’s Institutional Investors Could Fuel Growth In the world of crypto, the Runes protocol's rise and fall have been swift and dramatic. Launched alongside the Bitcoin halving in April, it quickly gained attention but failed to meet expectations, leading many to dismiss it as a failed endeavor. However, amidst waning interest in the West, Runes is finding renewed excitement in East Asia. Institutional investors and centralized building teams see it as a more refined alternative to the earlier #BRC20 standard, offering enhanced security, scalability, and usability. Unlike the chaotic debut of BRC-20 tokens in 2023, Runes was rolled out meticulously by a team led by Casey Rodarmor, the original creator of the Ordinals protocol. This methodical approach has resonated with investors in East Asia, who see Runes as a potential infrastructure cornerstone for the crypto industry. Investment firms like the Hong Kong-based Newman Group are actively supporting Runes' development, citing its technical advantages and potential for efficient cross-chain transactions. Major players in the crypto space, such as Magic Eden and #OKX , have also thrown their weight behind the protocol. Despite its initial setbacks, Runes has shown signs of resurgence, with transaction volume and market capitalization surging in late May. This comeback has fueled optimism among institutional investors in East Asia, who view Runes as a key player in mainstreaming fungible Bitcoin tokens. While the road ahead for Runes is uncertain, its growing support in East Asia suggests that it may yet carve out a significant niche in the crypto ecosystem. As the choice between Runes and BRC-20 becomes clearer, the momentum behind Runes continues to build, signaling a potential second act for the protocol. Source - decrypt.co #CryptoTrends2024 #BinanceSquareBTC
--
#ripple Transfers 3 Billion $XRP Tokens, Raising Market Stability Concerns Ripple’s XRP token has seen substantial activity over the past 24 hours, capturing significant attention from the crypto community. #Blockchain tracker Whale Alert reported that 3 billion XRP tokens, valued at approximately $1.5 billion, were transferred in several transactions. This large-scale movement has sparked concerns about potential price impacts. Ripple Escrow Activities Trigger Market Concerns - Typically, Ripple releases around 1 billion XRP tokens from its escrow wallet at the beginning of each month. However, this month’s unusual asset movements have surprised the community, leading to various speculations about these transactions. - Crypto commentator Marty Party noted that the 3 billion tokens represent 5.45% of XRP’s total circulating supply and were transferred between Ripple-affiliated wallets within 30 minutes. Some community members clarified that these movements were standard fund consolidations related to escrow activities. They highlighted that of the 3 billion tokens, 1 billion worth $520 million was unlocked from Ripple’s escrow address. - Historically, XRP’s price tends to fluctuate in response to Ripple’s escrow releases, often influenced by prevailing market sentiment. Despite a 1% decline in the last 24 hours, XRP’s price remains stable at $0.51, indicating that the recent escrow release has not significantly impacted its performance. - However, some market experts believe the token release could introduce additional selling pressure, hindering XRP’s potential recovery. Reports suggest Ripple may be preparing for its largest monthly XRP dump since 2017, reserving 400 million XRP tokens worth $208 million for a sell-off in June. Source - beincrypto.com #CryptoTrends2024 #BinanceSquareTalks
--

Latest News

Blockchain Detective ZachXBT Labels Retikfinance As A Fraudulent Project
--
Watford Football Club Offers 10% Stake To Investors With Token Option
--
Shiba Inu Coin Burns Surge By Over 10,000%, Amidst Token Scam Warnings
--
Five Essential Chart Patterns for Cryptocurrency Traders
--
OpenAI Addresses ChatGPT Availability Issues
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie