The Business & Technology Network
Helping Business Interpret and Use Technology
S M T W T F S
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
 
 
 
 
 
 
 
 
 
 
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31
 
 
 
 
 

BDAG’s Testnet Ignites Buzz as Ethereum & Fantom Prices Soar

DATE POSTED:September 22, 2024

BlockDAG’s Testnet Launch Triggers Massive 30,000x ROI Rumours Amid Ethereum & Fantom’s Rise

Altcoins are resonating through the crypto market, steadily becoming staples on mainstream financial platforms and appealing portfolio additions. The latest to stir excitement is BlockDAG, following its successful Testnet launch, now eyed by experts for its potential to deliver up to 30,000x ROI after witnessing an 1820% jump since its presale. Meanwhile, Fantom (FTM) is capturing attention with a significant price surge this week, and the transition of Ethereum to a more efficient Ethereum 2.0 is attracting fresh interest.

Ethereum Sees Renewed Interest Amid Regulatory Clarity

With its latest series of upgrades and growing interest from decentralized finance (DeFi) and NFT markets, Ethereum is regaining momentum. The launch of Ethereum 2.0 marks a significant stride in scalability and energy efficiency, reinforcing its foundational role in the crypto landscape. As these sectors expand, relying heavily on Ethereum for transactions, the demand for the currency has surged. This, combined with increased institutional involvement, is set to potentially elevate Ethereum’s market position, spurred further by anticipated regulatory clarity.

Fantom (FTM) on the Verge of a Potential Breakthrough?

This week has been fruitful for Fantom (FTM), which saw an impressive 15% jump in price, now flirting with the $0.50 mark. The coin is now testing key resistance levels at $0.50 and $0.56—thresholds it has struggled to surpass in the past. Currently in a wedge pattern, a setup typically preceding a breakout, Fantom’s recent uptick suggests growing recognition of its value. Should FTM breach these resistance points, it could kickstart a bullish trajectory for the altcoin, potentially aiming for the $1.00 milestone

BlockDAG’s Testnet Launch Marks a Monumental Success 

The crypto community is abuzz as BlockDAG’s recent Testnet launch rockets it into the spotlight, marking a significant milestone with over 13 billion coins already sold. The launch underscores the coin’s potential for substantial growth and sets the stage for what many hope will be a price target of $20 by 2027. 

BlockDAG’s Testnet signifies more than just technological advancement—it’s a testament to the robust technical foundation and astute team leading the project. This latest upgrade introduces cutting-edge tools such as a Blockchain Explorer, which provides real-time tracking, and EVM support that simplifies the process for developers to test smart contracts and build decentralized applications (dApps).

Coin holders who have amassed over 7,500 BDAG coins now have the privilege to transfer their assets from the devnet, placing them at the forefront of this burgeoning network. This strategic move has already yielded significant financial backing, with nearly $74.2 million raised and the coin’s price escalating from $0.001 to $0.0192. Moreover, industry insiders are forecasting a 30,000x ROI for initial participants eventually.

Is an Altcoin Surge on the Horizon?

The community watches closely as the crypto sector potentially teeters on the cusp of an altcoin surge. The recent enhancements and scalability solutions brought about by Ethereum’s transition to 2.0, coupled with Fantom’s impressive price increase, provide crucial insights into market dynamics and the influence of technological advancements on a coin’s market value and standing.

BlockDAG is keenly observing these market leaders, learning from their successes and challenges. This strategic foresight, bolstered by the recent Testnet achievements, is poised to attract more enthusiasts into the crypto sphere, drawn by the promise of dynamic growth and expansion. Additionally, market experts are predicting a 30,000x ROI for those who got in early over time.

 

 Learn About BlockDAG – Act Now Before Prices Increase:

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

The post BDAG’s Testnet Ignites Buzz as Ethereum & Fantom Prices Soar appeared first on The Merkle News.