Logo
Cardano Ecosystem

Finbold

06/23/2024

·

142 views


Can BlockDAG Hit $20? ADA Bullish’s Prediction & TIA’s Struggles

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold's editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your...

Can BlockDAG Hit $20? ADA Bullish’s Prediction & TIA’s Struggles

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold's editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please click here.

Cardano (ADA) has been under pressure as it dropped by 11.75% in the past week, but analysts still forecast a potential surge. Meanwhile, Celestia (TIA) has also faced challenges, trading at $6.45, with indicators suggesting a possible decline to $6.02. 

Amid these developments, BlockDAG (BDAG) is rising as the best crypto to buy now. Its presale has reached Batch 18, raising $52.9 million and selling over 11.7 billion BDAG coins. BlockDAG’s innovative technology and marketing strategies, including the release of its keynote videos, are propelling it forward with $20 price predictions, setting it apart from competitors like Cardano and Celestia.

Cardano Price Prediction: Can it Reach $8?

Cardano (ADA) has been facing significant bearish pressure, losing 11.75% in the past week and 7% in the last 24 hours. Despite this downturn, several analysts remain bullish, forecasting a potential surge to $8. However, the recent price action shows that ADA has been struggling to hold against selling pressure, with prices falling below critical support levels.

Analysis predicts that Cardano’s price will rally significantly following the upcoming Chang upgrade. They draw parallels to the 2021 Alonzo hard fork, which saw ADA’s price surge from $0.2 to $3.1 within a year. They believe ADA could rise 370% to $2 by August and potentially touch $10 in this bullish cycle. Another prediction platform, Telegaon, also sees ADA reaching $9.08 by 2030. These ambitious projections are boosting investor confidence, though the market remains unpredictable.

Celestia Anticipates Strong Recovery

Celestia’s (TIA) price has declined steadily, forming a descending channel since the beginning of June. Currently trading at $6.45, Celestia is at a level last observed in December 2023. The Relative Strength Index (RSI) for Celestia is 25.8, indicating high sell-offs among market participants. If this trend continues, TIA might fall to $6.02, but a potential rebound could occur if the market conditions change.
Since climbing to a 30-day high of $10.76 on May 29, Celestia’s price has plunged due to sustained selling pressure. The RSI and other indicators suggest a bearish market, with TIA’s futures open interest dropping by 41% since June began. If the downtrend continues, TIA could fall to $6.02, but there’s potential for a rebound if the bearish bias is invalidated.

BlockDAG’s Global Dominance Boosts Presale to $52.9M 

BlockDAG (BDAG) is quickly becoming a dominant player in the cryptocurrency world, propelled by its innovative technology and robust marketing efforts. It began with showcasing the viral keynote at Tokyo’s Shibuya Crossing, which showcased its advanced features and potential superiority over other cryptocurrencies. This event significantly boosted the presale and elevated investor interest.

Following the Shibuya event, BlockDAG moved its celebrations to the Las Vegas Sphere, as it released its technical whitepaper. This event further boosted the presale numbers and highlighted BlockDAG’s technological leadership. The marketing efforts continued at London’s Piccadilly Circus, amplifying BlockDAG’s global presence and positioning it as a formidable competitor against other major cryptocurrencies.

Furthermore, BlockDAG’s high-powered X30 miner is also making waves in the crypto-mining world. With a robust 280 GH/s hash rate, the X30 miner can earn up to 600 BDAG coins daily. When BlockDAG reaches its forecasted price of $20, the X30 miner could generate an impressive $12,000 daily. BlockDAG’s presale, now in Batch 18 priced at $0.0122, has raised $52.9 million from the sale of over 11.7 billion BDAG coins. The price has attained 1120% growth from Batch 1 to Batch 18. BlockDAG has collected $3.4 million from miner sales alone and sold over 8100 miners.

Wrapping Up

BlockDAG’s global showcases and advanced technology are turning it into a formidable player in the crypto market. The X30 miner, with its impressive earning potential and the successful presale that has grown by 1120% from Batch 1 to Batch 18, highlights BlockDAG’s promise. While Cardano (ADA) is predicted to surge and Celestia (TIA) faces a price drop, BlockDAG stands out with its robust growth and technological advancements. For investors seeking the best crypto to buy now, BlockDAG presents a compelling opportunity.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on Finbold

ORIGINAL SOURCE

https://finbold.com/can-blockdag-hit-20-...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

More from Finbold

See more
Chinese giant Alibaba to partner with MultiversX as EGLD enters the Asian market
Finbold
Chinese giant Alibaba to partner with MultiversX as EGLD enters the Asian market

yesterday at 2:41 PM

·

3 views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)