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Crypto Reporter

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BlockDAG’s New AMA Sparks Interest as Presale Skyrockets to $168.5M; Plus, Latest Ethereum News & XRP Price Rises

December 18, 2024 By CryptoReporter

As the year draws to a close, the crypto market is bustling with significant activity. Current Ethereum news injects fresh optimism, fueled by strategic ETH purchases and supportive regulatory changes under President-elect Trump’s administration. Simultaneously, the XRP price surge is steering traders towards the $5 target, supported by strong bullish sentiment in the options market.

However, the latest BlockDAG (BDAG) AMA session has catapulted the altcoin into the spotlight, with its presale swiftly surpassing $168.5 million and swiftly advancing toward the $600 million target. With its sophisticated Proof of Work (PoW) + Directed Acyclic Graph (DAG) technology and status as the best crypto to buy now, BlockDAG is anticipated to reach a price of $1 by 2025.

Ethereum News: Regulatory Developments Bolster Market Confidence

Recent Ethereum news signals increasing market confidence as significant regulatory advancements enhance ETH’s prospects. Previously, the ETH/BTC trading pair was considered overvalued during the ETH ETF launch. However, current developments have revised this view.

This Ethereum news includes President-elect Trump’s strategic ETH investments from WLFI profits, which have reinvigorated interest in the cryptocurrency. Moreover, the appointment of SEC and CFTC chairpersons who are proponents of decentralized finance adds to the growing optimism. This Ethereum news also indicates a reduction in the earlier hype around the ETF launch, permitting a more balanced market evaluation.

XRP Price Surge: Nearing the $5 Mark?

The latest XRP price surge has drawn significant attention as the remittance token has increased by over 20% this week. Ripple’s green light to launch its RLUSD stablecoin has propelled this momentum, with traders securing $800 million in profits. XRP’s current path suggests it might reach $4.75 if it surpasses the upper boundary of the flag channel pattern.

The options market displays a bullish outlook, with traders focusing on the $5 strike price. Open interest in this position tops $1.25 million, demonstrating robust confidence in further XRP price surges. Although there’s a minor decline in weekly active addresses, bullish momentum indicators like the RSI suggest a steady bullish trend. A continuous rise above $3 could firmly establish XRP’s next price leap.

BlockDAG’s AMA Ignites Record Presale Activity with $5M Daily Inflows

BlockDAG’s latest AMA has generated a wave of excitement, propelling its community activity to new peaks. The project has amassed over $168.5 million and distributed over 17.3 billion coins in its latest batch, with the momentum of the presale continuing robustly. Currently, the BDAG coin price stands at $0.0234, marking a 2240% increase since the first presale batch. Analysts are optimistic that BlockDAG could reach a valuation of $600 million, solidifying its status as the best crypto to buy now.

BlockDAG’s distinctive POW+DAG technology differentiates it by facilitating efficient, scalable, and decentralized operations. An ongoing audit of the Mainnet marks a significant milestone, anticipated to enhance utility and draw broader interest. The addition of respected figures like Harvard alumnus Maurice Herlihy to the advisory board enhances the project’s credibility and clarifies its technical propositions, thereby boosting confidence among developers and crypto enthusiasts.

The recent AMA has catalyzed $5 million in daily presale inflows for BlockDAG, underscoring the growing enthusiasm within its community. The combination of BDAG’s low transaction fees and sophisticated DAG architecture is expanding its ecosystem as more participants recognize its potential. 

Crypto analysts foresee that the continual growth of BlockDAG could elevate its price from $0.0234 to $1 by 2025, implying a potential ROI of nearly 4,200%. With Batch 26 nearly sold out, the crypto community is keen to engage with what is increasingly viewed as a significant advancement in blockchain technology.

Discover the Fastest-Growing Crypto Since Bitcoin

As Ethereum news brings a renewed sense of optimism through strategic moves and regulatory updates, and the XRP price surge motivates traders to aim for the $5 mark, BlockDAG has emerged as a focal point as the best crypto to buy now.

With over $168.5 million raised and over 17.3 billion coins sold, BlockDAG is rapidly advancing towards its $600 million target, driven by its revolutionary POW+DAG technology that is setting new benchmarks in the blockchain industry.

Early participants in BDAG have already witnessed a remarkable 2240% ROI, and the momentum continues to accelerate at an exceptional rate. The enthusiasm generated by the recent viral AMA has resulted in daily presale inflows surpassing $5 million. The platform’s increasing dashboard activity indicates a strong interest from the crypto community, eager to partake in what many are calling the “hottest crypto since Bitcoin,” particularly as opportunities in Batch 26 dwindle.

Presale: https://purchase.blockdag.network

Website: https://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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