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    BlockDAG’s Presale Stacks $5.9M While Avalanche Price Prediction Reaches $100 & Cardano Launches Stablecoin

    Avalanche Price Prediction at $100. Cardano faces mixed outlook despite stablecoin launch. BlockDAG’s presale gains traction.

    Updated Mar 20, 2024
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    BlockDAG’s Presale Stacks $5.9M While Avalanche Price Prediction Reaches $100 & Cardano Launches Stablecoin

    From Avalanche price predictions forecasting a run towards $100 to ADA’s surge fueled by the launch of Cardano stablecoin, the crypto market is teeming with opportunities. In the presale arena, BlockDAG (BDAG) has emerged at the forefront of investors’ attention, eying a mindblowing post-launch ROI of approximately 2400%.

    Keep reading for a closer look at these developments and discover the top rated crypto for 2024.

    Avalanche Price Prediction

    The AVAX (Avalanche) price has experienced a significant bullish momentum, rebounding from the 100-day EMA and marking a remarkable 123% rise over the last two months. Surpassing the $50 psychological mark, the price surged further to break $60 on March 19, currently trading at $53.13 with an intraday decline of 6.78%. 

    The surge in trading volume reinforces the bullish trend, suggesting potential breakthroughs of multiple resistance levels. The short-term Avalanche price prediction  is optimistic, with expectations for AVAX to potentially reach $100 in the coming weeks.

    Mixed Outlook for Cardano 

    A new stablecoin called USDM was launched on the Cardano blockchain, leading to a surge in ADA’s price. Cardano’s network activity has also been robust, with high daily active addresses and transaction volume, along with optimistic metrics in the DeFi sector. 

    However, despite these positive developments, there are causes for concern. While ADA’s price increased slightly, its MVRV ratio remained negative, suggesting a potential price drop. Furthermore, technical indicators MACD and MFI suggest a possible downturn in ADA’s price, although volatility seems to be decreasing according to Bollinger Bands. Overall, there are mixed signals regarding the sustainability of ADA’s recent price rally.

    BlockDAG – Top Rated Crypto for 2024

    BlockDAG (BDAG), a new Layer 1 blockchain project inspired by Bitcoin and Kaspa, is taking the presale market by storm by raising almost $5.9M so far, aiming to set a new standard in the crypto landscape. By integrating Directed Acyclic Graph (DAG) technology on top of Kaspa’s framework, BlockDAG enables parallel block addition, reducing transaction delays and enhancing scalability. With a remarkable confirmation speed of 10 blocks per second, set to increase to 100 blocks, BlockDAG is currently the fastest PoW network out there. 

    Currently priced at $0.002 in its third presale batch, BDAG’s value is slated to rise gradually with each subsequent batch, targeting $0.05 by the final presale batch, positioning it for a lucrative ROI post-launch.

    In response to the overwhelming early investor interest, BlockDAG has announced a $2 million mega giveaway shared by 50 lucky community members. To participate in the giveaway, follow BlockDAG’s social media channels, submit your wallet address, increase your chances by completing all quests, and bring friends for extra entries!

    Final Words

    The AVAX token has demonstrated a bullish trend, experiencing a significant surge of over 123% in the past two months, with analysts predicting even further growth. There’s an optimistic Avalanche price forecast that anticipates it reaching $100 in the upcoming months. Concurrently, the cryptocurrency market witnessed a notable rise in the price of ADA following the launch of Cardano’s stablecoin, though there are lingering doubts about the rally’s long-term viability amid ambiguous technical indicators. Amidst this backdrop, BlockDAG (BDAG), a fresh entrant in the presale market, is uniquely positioned for an impressive potential return on investment (ROI) of up to 10,000x. This positions BDAG as a highly anticipated project, capturing the attention of investors eager for substantial gains in the evolving crypto landscape.

    Invest In BlockDAG Today

    Website: https://blockdag.network

    Presale: https://purchase.blockdag.network

    Telegram:https://t.me/blockDAGnetworkOfficial 

    Disclaimer: This is Sponsored Content. Coinfomania does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their research before taking any actions related to the company stated in the release.

    PR Desk

    PR Desk

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    This is a guest author and not a team member at Coinfomania.com. Hence, views and opinions in the article are strictly theirs.