Logo
Cardano Ecosystem

Blockchain Reporter

last Friday at 5:23 PM

·

23 views


BlockDAG & Inter Milan Spark Frenzy: ADA & Sun Token Updates

Cardano, Sun Token, and BlockDAG are all making headlines right now, each for distinct reasons. Cardano has been struggling despite the rollout of its new governance model, reflecting the tough market...

BlockDAG & Inter Milan Spark Frenzy: ADA & Sun Token Updates

Cardano, Sun Token, and BlockDAG are all making headlines right now, each for distinct reasons. Cardano has been struggling despite the rollout of its new governance model, reflecting the tough market conditions in the broader market. On the other hand, Sun Token’s sudden growth highlights the potential of TRON-based meme coin platforms. 

Meanwhile, BlockDAG’s latest partnership with Inter Milan is driving it into the limelight, blending the thrill of sports with blockchain innovation. Hot on the heels of its impressive $72.3 million ongoing presale, this partnership is boosting BlockDAG’s global presence. The synergy of soccer flair and robust technology is fueling BlockDAG’s meteoric rise and cementing its prominence in the crypto space.

Cardano (ADA) Forecast: Rally or Decline?

Cardano has faced a tough stretch recently, experiencing seven consecutive red candles and a 15.74% drop last week. Despite the introduction of Cardano Improvement Proposal 1694 (CIP-1692), which aims to decentralize governance, ADA’s price fell 11% in August. 

AD 4nXeBu98k0Z6a5ekFiL1Fu4vi1dTUq9LTaMbzAD E66opibpw SkBkYM26TO2hMIQTM1yWcPIuU2BZgYs7QigDAiRQ2iUPDN9L7FW4gTibVeZKk0FjchZUpSpgcI69YWLWZGlkBX0l1TaFa04HrCEnp81gP5MlKmYOHEJINZWOw?key=jGPBajHMlhkH7hIDQh81YQ

Given the broader market’s downturn, ADA might soon test the $0.32 level. Should the bearish trend persist, support could be tested at $0.295 or $0.276. Conversely, a surprise rally could see resistance at $0.35 and $0.364, presenting potential profit-taking opportunities. Overall, Cardano faces a critical juncture, with uncertainty hanging over its next moves.

Sun Token Price Surges 

The Sun Token ($SUN) price has surged by over 231% in the past month, driven by the popularity of SunPump, a new Tron-based meme coin launchpad. On August 30, $SUN hit $0.028, its highest level since December 2021, marking a 526% rise from its 2023 low. 

AD 4nXcTjpGCB8dzIoJPc9GKUYAtIBGGIfiIYhsZObpHcrKZ39YJw0JZrHtvStZKM86JvakcQ9OhaDqSoOtAsVdE k zpoB64sW6i

This rally increased its market cap from $101 million to over $328 million. SunPump’s launch has notably outpaced Solana’s Pump.fun, with SunPump generating 7,352 new tokens in 24 hours compared to Pump.fun’s 5,694. This growth highlights TRON-based meme coin platforms’ increasing adoption and success in a generally bearish crypto market.

BlockDAG & Inter Milan Team-Up Fuels Crypto Gold Rush

The Inter Milan and BlockDAG partnership has taken the crypto market by storm, blending the excitement of soccer with blockchain innovation. This collaboration is set to accelerate the network’s demand and value, capturing the interest of both sports fans and crypto enthusiasts.

The partnership brings exclusive content with Inter Milan players, including video and photo shoots that captivate fans across both sports and crypto worlds. This kind of high-profile engagement is skyrocketing BlockDAG’s global recognition, dramatically boosting its appeal and making it the hottest topic in the crypto world. 

Additionally, BlockDAG will also feature on LED and big-screen advertising during Inter Milan’s home games, giving the project significant exposure. Combined with digital content and social media campaigns, this guarantees that the brand will reach millions of fans worldwide.

AD 4nXc2Ek4BcaHpjDcQnIqYcaEv8Bnb7JiOlU2SWMYDwoGGyS j5LpQtt7trXfn3ICRguAYpIQre0rRipHO2ew1oCKCaSIUfF5Bk1aNMboabBRb23cj5 HtcT3lSCX2AaRCo3onEX3cWL V2dC mRsc BwcKFou5KKww2WUvb1ZHQ?key=jGPBajHMlhkH7hIDQh81YQ

With this profound visibility, BlockDAG is seeing a surge in demand, sending its value soaring even further. BDAG coin’s value is already seeing massive surges, which is evident from its astounding 1680% spike since the initial batch. This clearly indicates an enthusiastic market response and increasing interest in BlockDAG, which is reflected in its $72.3 million presale. 

Adding to this, BlockDAG nears its September testnet launch, and big market players are eagerly buying into the presale, driven by the prospect of 30,000x returns from this Layer 1 crypto.

What’s Next?

As Cardano faces market hurdles and Sun Token rides the wave of TRON’s meme coin success, BlockDAG’s high-profile partnership with Inter Milan drives its impressive ascent. The fusion of blockchain technology with soccer’s global appeal has led to a stunning value surge and an enthusiastic market response for the network. 

AD 4nXf4HGsOMDa SpQvR5gF9TP4GW2MlbuvzFf95s3F TvjrhgISkU NLEiMXc1K0jMcqdSQnGFBea6q0v5Imkf7Qhc3UNBrFyJhDc2MnzMvwLqoikg1JIGw3XJRk30PSnwMLUEe4zZ7hV1F92U0qtkZ NGuOfsIB NMp WWtekmQ?key=jGPBajHMlhkH7hIDQh81YQ

With a $72.3 million presale that has become one of the most successful presales in crypto history, BlockDAG is looking at an exciting future. The combination of innovative partnerships and market interest has established BlockDAG as the next crypto giant to keep on one’s radar. 

Discover More About BlockDAG:

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 Blockchain Reporter

ORIGINAL SOURCE

https://blockchainreporter.net/blockdag-...

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 Blockchain Reporter

See more
Top Layer 1 Blockchain Projects to Know in 2024 | Qubetics, Solana.
Blockchain Reporter
Top Layer 1 Blockchain Projects to Know in 2024 | Qubetics, Solana.

last Tuesday at 8:15 PM

·

4 views

Related News

See more
Cardano Summit 2024

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)