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Crypto Reporter

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BlockDAG’s Upcoming Testnet Launch on Sep 20, Ethereum’s Price Volatility & TRON’s SUN Revenue Burn Heat Up the Crypto Market

September 3, 2024 By CryptoReporter

The world of cryptocurrency never stops evolving, and recent developments are keeping everyone on their toes. Ethereum’s price shows this dynamic nature, as it experienced a 7.5% increase last week, although it remains 22% lower than its previous month’s peak. This price fluctuation holds the market’s focus as Ethereum strives to regain its high value.

Excitement is also building around TRON, as Justin Sun prepares for the first SUN revenue burn, potentially boosting TRON’s market value.

Furthermore, anticipation surrounds BlockDAG’s upcoming testnet launch on September 20, 2024. With a strong presale performance that has raised $69.4 million already, BlockDAG is set to make a significant impact in the altcoin market, drawing attention from crypto fans eager to explore new opportunities.

Ethereum Price Prediction: Navigating the Ups and Downs

Ethereum’s price has been fluctuating as it went up by 7.5% since August 27, but it’s still down 22% from last month. The Ethereum price prediction looks uncertain as it struggles to reach the high prices of June, over $3,800. Ethereum’s Performance Falls Short Compared to Other Digital Currencies. The market for these currencies has dropped by 13%, showing investors might be looking elsewhere.

The expected growth of Ethereum from the launch of new Ether ETFs in July did not materialise. These funds saw $107 million left in just two weeks, while Bitcoin funds gained more money. Yet, there’s hope with BlackRock’s ETHA getting $8.4 million recently. This Ethereum price prediction might signal a shift back to Ethereum, which could mean better days ahead for its price.

TRON News: Justin Sun Announces First SUN Revenue Burn

Justin Sun, who started the TRON network, shared some exciting TRON news on Twitter. He mentioned that the SunPump community is getting ready to begin their first SUN revenue burn soon, and he will share more details in the next few days.

The SunPump platform, which helps launch meme coin projects, caught everyone’s attention a few weeks ago. It made over $1.1 million in just 11 days after starting. This success amazed everyone in the crypto world and even helped increase the value of TRON crypto.

Other TRON news from CoinCodex shows that the token’s price is doing well, with its value moving between $10 billion and $15 billion. Experts predict TRON’s price could reach $0.3242 if the current positive trend continues.

BlockDAG All Set to Roll Out its Testnet on September 20 

BlockDAG is gearing up for a big day on September 20, 2024, with the launch of its Testnet and Blockchain Explorer. This is a big step toward rolling out their main system, giving the community a first look at what they’ve built. Everyone will get a chance to try out the blockchain and see all the cool stuff BlockDAG has been working on.

The Testnet will bring some neat features like the Blockchain Explorer, which lets users dig deep into all the blockchain activities. Users can also utilise the Blockchain Faucet to create BDAG coins and send them to others using a MetaMask wallet. Additionally, the rollout includes sample smart contracts, allowing for activities such as minting NFTs, staking coins, or burning tokens. This launch will show how flexible and powerful the BlockDAG blockchain can be for future projects.

BlockDAG has impressively gathered $69.4 million and seen a substantial 1680% increase in its presale value till its 22nd batch, establishing itself as a potential powerhouse in the altcoin market. The upcoming testnet launch is expected to bring in more holders, increasing the presale further. This launch is more than a technical achievement as it shows that BlockDAG is advancing towards becoming a leading asset in space. The BlockDAG project presents exciting opportunities for those looking to get in on the ground floor of the next major development in crypto.

Which Crypto Will Be The New Leader?

While Ethereum struggles with unpredictable swings and TRON gains attention with its recent developments, BlockDAG is quietly gearing up for a major move. Ethereum’s volatile journey and TRON’s exciting updates have left many wondering what’s next.

But the real excitement is around BlockDAG’s Testnet launch on September 20, 2024. This isn’t just another update—it’s a big deal, complete with a Blockchain Explorer and innovative features like NFT minting and smart contract flexibility. With $69.4 million already secured and a massive presale surge, BlockDAG is setting the stage to take the lead.

Invest in BlockDAG:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

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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