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Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

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BlockDAG Shines with CoinMarketCap Listing and Showcases in Piccadilly Circus, Surpassing Internet Computer (ICP) and Chainlink Price Goals

May 12, 2024 By Crypto Reporter

Internet Computer and Chainlink capture the market’s interest through significant updates and targeted price goals. Amidst these developments, BlockDAG is emerging as a formidable cryptocurrency investment. It recently marked its inclusion on CoinMarketCap with a notable display in London’s Piccadilly Circus, signaling its growing appeal and investor confidence in its potential. Keep BlockDAG on your radar as it advances in the crypto world.

Internet Computer: Advancements with ckETH

Recently, Internet Computer saw its price jump to $13.49 following an upgrade. The new ckETH minter on the ICP mainnet now facilitates the minting process by supporting Sepolia USDC. This allows users to deposit Sepolia ETH and USDC to mint ckETH and ckUSDC, increasing the platform’s versatility. Despite ongoing progress, some emerging bugs highlight this technology’s evolving yet promising nature under DFINITY’s vision to integrate Bitcoin network features and enhance smart contract capabilities.

Historically, ICP’s price reached a high of $750.73 in May 2021 but has now stabilized around $13.125. This fluctuation reflects its enduring presence and flexibility in a dynamic market. With ongoing development and favorable market conditions, analysts believe ICP could potentially reach $43.04 by the end of the year.

Chainlink: Positive Projections from Crypto Analysts

Chainlink is garnering attention in the cryptocurrency community, notably with forecasts from analysts like CryptoBullet predicting a strong upward trend. These projections suggest that starting in Q3 2024, LINK could climb to new highs, potentially reaching $150, founded on a strong base from previous market cycles.

Chainlink’s price dynamics show a regaining of momentum, recently surpassing the $14.40 resistance level. This could propel its value to $17.50 and possibly higher, contingent on the prevailing market conditions and investor confidence. The success of LINK will largely depend on strategic market placements and timing.

BlockDAG: Leading the Charge in Blockchain Efficiency

BlockDAG’s visibility surged with its CoinMarketCap listing and a significant appearance at London’s Piccadilly Circus. Having raised $25 million in its presale, now in its 11th batch, with over 8.8 billion coins sold at $0.007 each, BlockDAG is positioning itself as a key player in the crypto market. The upcoming X1 miner app, launching on June 1st, aims to facilitate smartphone mining with an expected daily yield of up to 20 coins.

By 2030, BlockDAG’s value is projected to increase to $30 per coin, driven by its sophisticated Proof of Work technology and a capped supply of 150 billion coins. With strong endorsements and seamless payment system integration, BlockDAG is set for substantial growth.

Final Insight

With the ICP upgrade and Chainlink setting new price targets, Internet Computer and Chainlink are showing favorable market movements. Meanwhile, BlockDAG, celebrating its listing and promotional event in London, has successfully secured $25 million through presales. The investor excitement for BlockDAG, combined with its innovative strategies and effective marketing, solidifies its status as a promising crypto investment.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News Tagged With: BlockDAG

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