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Crypto Reporter

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

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BlockDAG’s Value Rockets 1300% This Altcoin Season; Forecast Cloudy for NEAR Protocol & Aave

July 3, 2024 By Crypto Reporter

While Aave faces fears of a potential downturn following a volatile month, NEAR Protocol remains under pressure, unable to shake off a significant 35% drop from March. Amidst these rocky conditions, BlockDAG stands out as a beacon of stability and profit, with its value skyrocketing from $0.001 to $0.014 per coin across 19 batches—an impressive 1300% increase. With over $55.4 million raised from the sale of more than 11.9 billion BDAG coins, BlockDAG credits its robust presale performance and smart vesting strategy for this explosive growth.

Is NEAR Protocol’s $8 Target Feasible?

Recently, NEAR Protocol’s price saw a modest 25% rise over five days, fueled by an uptick in trading volume and a breach of the 200-day EMA—a positive sign. However, the recovery is fragile; after peaking at $9 in March, it swiftly dropped 35% within a month. Now at $5.40, NEAR hovers above a critical $4.50 support, with risks looming that a fall below $4 could spiral down to a perilous $2.50, potentially derailing recovery hopes entirely.

Aave’s Market Rollercoaster: Bracing for Ups and Downs

Aave’s future looks to be on a wild ride with forecasts suggesting a possible surge to $409.30—a dramatic increase from its current standing. However, the path may not be smooth, as Aave recently navigated through a month marked by 12 green days and high volatility of 8.64%. These conditions suggest a tumultuous journey ahead, possibly dipping to a low of $86.69 in 2025, underscoring Aave’s precarious market position.

BlockDAG’s Phenomenal Growth and Investor Appeal

BlockDAG continues to captivate investors with its promising mining opportunities and strategic market moves. By the 19th batch, the sales of its mining rigs had already contributed $3.5 million to its $55.4 million presale total. The series ranges from the X1, which turns smartphones into mining tools, to the X100, designed for large-scale operations.

As BlockDAG’s presale price is predicted to reach $20 by 2027, these daily earnings could escalate dramatically, offering returns ranging from $400 to $40,000 per day per miner. These projections showcase BlockDAG’s substantial profit potential, painting a bright future for investors.

Final Reflection

As Aave and NEAR struggle through a turbulent altcoin season, BlockDAG rises as a pillar of stability and profitability. With a strategic presale approach, including a 4-month vesting period and a $100 million liquidity injection at launch, BlockDAG is positioned as a solid investment choice. From its modest start at $0.001 per coin, BlockDAG has climbed to $0.014 in its current presale batch, marking an unprecedented 1300% growth. With over 11.9 billion BDAG coins sold earning $55.4 million and more price hikes anticipated, investors are eagerly seizing this lucrative crypto opportunity, poised for even greater heights.

Invest in the BlockDAG Presale Now:

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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