Despite mounting doubts about Ethereum ETF approval, Ethereum’s price stands strong, with analysts projecting a continuation of the uptrend for the second-largest crypto giant. Meanwhile, Litecoin is recovering from the bearish trends, with projections for LTC’s price to reach $150.
BlockDAG (BDAG) is stealing the spotlight in the presale arena, having attracted viral attention after its V2 technical whitepaper was showcased at the Las Vegas Sphere. Analysts project a potential for 20,000x gains for BlockDAG, praising its groundbreaking tech and sound tokenomics. The project is now in its seventh presale batch, with BDAG coins priced at $0.004, presenting an attractive entry point for investors as the price will go up with each subsequent batch.
Analysts Bullish Prediction: Spot Ethereum ETF
Jupiter Zheng from Hashkey Capital suggests that denying an Ether exchange-traded fund (ETF) wouldn’t necessarily lead to bearish market sentiments, as the market has yet to bet heavily on such approval. However, if an Ether ETF with staking options were approved, it could lead to a bullish market response, potentially causing a surge in short liquidations and driving Ethereum prices higher.
With $12.89 billion in Ether futures open interest, Zheng believes the Ether ETF decision may not significantly impact this figure, as the market isn’t strongly anticipating it. The optimism for an Ethereum price surge exists amidst concerns over the SEC’s investigation into the Ethereum Foundation and efforts to potentially classify ETH as security following subpoenas issued to companies associated with the foundation.
Litecoin (LTC) Price: End of the Downtrend?
The price of Litecoin (LTC) has surged significantly, rising by 15% over the past month. Market analysts are optimistic about Litecoin’s future, saying that it is poised to break out of its extended bearish trend.
If Litecoin surpasses the resistance barrier at $122, it could pave the way for continued growth, potentially pushing the Litecoin (LTC) price to $150 or higher. This upward momentum in LTC price is attributed to miners, who have strategically increased their holdings by 150,000 LTC in March, significantly reducing the selloff pressure.
BlockDAG – The Top Altcoin for 2024
BlockDAG (BDAG) has impressively secured over $14.9 million in its presale, setting its sights on an ambitious $600M fundraising goal by the end of 2024. Currently in its seventh presale batch, with BDAG coins priced at $0.004 and the listing price set at $0.05, BlockDAG presents an attractive entry point for investors. Looking ahead, analysts project a staggering 20,000X ROI for the project, touting it as the top altcoin for 2024.
In addition to ROI from BDAG coin investment, BlockDAG presents a passive income opportunity by mining BDAG with its X-series mining rigs, designed for efficient yet eco-friendly performance. Depending on the model, these miners can yield up to $100 daily in passive income and can be resold at higher prices on marketplaces like eBay and Amazon post-launch.
Additionally, BlockDAG presents a mobile mining app, available both in the App Store and on Google Play, that allows users to earn up to 20 BDAG coins daily without draining their battery life. Finally, BlockDAG provides a cloud mining service, enabling users to access mining hash power from the cloud and eliminating the need to pay exorbitant energy costs.
In Summary
Analysts are bullish on Ethereum price despite mounting doubts over ETH ETF approval. Meanwhile, Litecoin has embarked on a recovery, potentially charting towards the $150 mark. BlockDAG (BDAG) dominates investor attention in the presale market, having raised a staggering $14.9 million so far and is projected to blow up 20,000X in 2025.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu