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Cryptocurrency News Articles

BlockDAG (BDAG) Presale Raises $111.5M, Outperforming BNB and Cardano (ADA) as It Targets 30,000x ROI

Nov 04, 2024 at 08:05 pm

BNB's latest integration with Meson enhances cross-chain transactions across over 40 blockchains, broadening decentralised finance (DeFi) participation.

BlockDAG (BDAG) Presale Raises $111.5M, Outperforming BNB and Cardano (ADA) as It Targets 30,000x ROI

BNB Chain Bridge now integrates Meson, enabling users to seamlessly bridge stablecoins across BNB Smart Chain and over 40 other blockchains. This partnership enhances cross-chain operability, allowing users to effortlessly move assets across networks without technical complexities.

As part of a growing lineup that includes Celer, deBridge, and Stargate, Meson adds flexibility and convenience for those seeking to engage with decentralized finance (DeFi) on BNB Chain. This integration aligns with BNB Chain’s goal of making Web3 accessible for the next billion users, offering a streamlined and scalable cross-chain experience.

Cardano (ADA) is on a path that analysts suggest could push its price toward the $0.55 mark, with longer-term projections eyeing up to $0.80 if positive trends hold. Recently, ADA has found a strong support zone between $0.30 and $0.35, an area known for attracting demand.

However, a significant resistance looms at $0.39, a level where past sell-offs have slowed gains. Breaking through this resistance could boost Cardano to build upward momentum, especially with additional liquidity support from the BitcoinOS project.

Cardano’s price movements are closely followed by the community, especially as the cryptocurrency shows signs of a potential increase. Cardano has been in the news for its upcoming Vasil hard fork, which aims to improve the network’s scalability and transaction throughput.

While BNB’s new partnerships are enhancing stablecoin cross-chain access and Cardano movements indicate a potential price increase, the cryptocurrency market brims with options. But BlockDAG has been outpacing others, capturing interest, and amassing steam with its rapid growth and technological innovations.

Having raised over $111.5 million in presale revenue and sold 14.9 billion coins, BlockDAG is quickly becoming a force in the industry. A recent viral brand video illustrated BlockDAG’s transaction speed with a racing car metaphor, showcasing its superior technology.

BlockDAG combines blockchain and directed acyclic graph (DAG) technology, overcoming the limitations faced by traditional cryptocurrencies like Bitcoin and Ethereum that use a linear block structure. This enables BlockDAG to achieve much faster transaction speeds.

The network has also made it easier to participate in its presale thanks to a new website upgrade, enhancing user accessibility. Although some may feel they need to catch up on the initial surge that yielded a 2100% ROI, the future holds an even bigger growth potential.

Presale batch 25 sees BDAG coins going for $0.022, securing that 30,000x ROI potential before prices shoot up.

News source:bitcoinist.com

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Other articles published on Nov 23, 2024