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As Ethereum’s prices surge in anticipation of new highs and Fantom tests significant market resistances, BlockDAG enters a new pre-sale phase.
Supporters of BlockDAG (BDAG) have the opportunity to participate in the pre-sale and acquire tokens here.
Ethereum’s Momentum Boosted by Whale Activity
Ethereum is on an upward trajectory, currently priced at $3,559.81, showing a 5% increase in just 20 hours amid a broader market recovery. This surge is primarily driven by substantial whale transactions, indicating strong market confidence in Ethereum’s potential to achieve record prices soon. Recent large-scale purchases, including a significant 9,000 ETH deposit and a 10,309 ETH acquisition during a dip, further solidify Ethereum’s bullish outlook as the crypto community anticipates the Bitcoin halving event, heightening expectations.
Fantom’s Price Action Challenges Resistance Levels
Fantom is advancing against crucial resistance levels, with its price bouncing back from key support levels and nearing the \(1.00 threshold. This upward movement is supported by significant accumulation from whale investors, who have recently added over 19 million FTM to their holdings, signaling the possibility of further price upticks. With the Relative Strength Index (RSI) indicating bullish conditions, Fantom’s price approaches \)0.938 and could potentially reach \(1.61—a 55% increase upon surpassing the pivotal \)1.00 resistance level. However, failure to breach this barrier might lead to price retests at lower levels.
BlockDAG Introduces New Web3 Standards
BlockDAG is swiftly gaining recognition in the crypto sphere, not only due to its impressive presale accomplishments but also because of its innovative technological approach. By merging blockchain security with the scalability and speed of Directed Acyclic Graphs (DAGs), BlockDAG presents a powerful solution to conventional blockchain constraints. Currently priced at $0.005, the platform’s hybrid technology adeptly processes thousands of transactions per second, significantly boosting transaction throughput to a range of 10,000 to 15,000 TPS. This capability ensures that BlockDAG can cater to the escalating demands of the digital and cryptocurrency markets without encountering the typical bottlenecks associated with older blockchain technologies.
The platform’s strategic focus on reducing transaction fees and enhancing transaction speeds positions it as a disruptive player in the industry.
BlockDAG’s visionary approach solidifies its standing as a prime candidate for long-term crypto investments.
Invest In BlockDAG Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu