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Cryptocurrency News Articles
BlockDAG Launches Testnet with 20,000x ROI Potential — How It Stacks Up Against Notcoin & Fantom?
Sep 21, 2024 at 06:00 am
Fantom’s (FTM) price prediction is currently tied to the success of its Sonic testnet, while Notcoin investors are anxiously watching the market after a sharp 31% drop.
Cryptocurrency prices have been experiencing a downturn in recent times, leading to a shift in investor focus toward projects offering stability and long-term growth potential. Among the emerging projects attracting attention is BlockDAG, which has recently launched its testnet.
In this article, we will explore the latest developments in BlockDAG, comparing its potential to other projects like Fantom (FTM) and Notcoin (NOT). We will also highlight the key metrics, partnerships, and upcoming milestones for each project.
BlockDAG Testnet Launch: Price Target of $1 Gains Momentum
The highly anticipated BlockDAG testnet is now live, offering a unique opportunity for community members to engage with the blockchain firsthand. This launch marks a significant milestone in BlockDAG's journey toward mainnet deployment.
With over 120,000 users already exploring the testnet, excitement is palpable. Users can experience the blockchain's key features, including the Blockchain Explorer, real-time transaction tracking, and smart contract execution. Minting BDAG coins, transferring funds using MetaMask, and exploring staking and NFTs are among the hands-on activities available.
Moreover, the network's compatibility with Ethereum's EVM enables developers to seamlessly test smart contracts and utilize various tools. As the testnet continues to operate and gather feedback, the stage is set for BlockDAG's mainnet launch.
According to industry insiders, BlockDAG has the potential to deliver a remarkable 20,000x ROI. With BDAG's price anticipated to reach $1 following the mainnet launch, those purchasing the token at its current price of $0.0178 may reap returns exceeding 5500%.
This prospect has spurred a surge in demand for BDAG tokens, with Batch 22 nearly sold out. Those seeking to acquire BDAG tokens at a favorable price are encouraged to act swiftly.
Fantom Price Prediction: Sonic Testnet to Propel FTM to $1?
In a bid to reinvigorate its ecosystem, Fantom (FTM) has taken a step toward addressing concerns over its sluggish growth. The launch of the Sonic testnet forms part of this broader effort.
This testnet, which boasts Ethereum Virtual Machine (EVM) compatibility, aims to enhance speed and efficiency within the Fantom ecosystem. It showcases impressive performance metrics, including 400ms responsiveness and 720ms finality.
Despite these promising features, and FTM's current price of $0.3983, the project's Total Value Locked (TVL) currently stands at $111.8 million—a stark contrast to Ethereum's $77.67 billion. As the dust settles, FTM's trajectory will hinge on the success of Sonic and future developments.
Notcoin Investors Hopeful for Recovery as Price Awaits Support
Notcoin (NOT) has endured a turbulent month, plagued by a 31% price decline. At the time of writing, and following a recent downturn, NOT is valued at around $0.0074.
As the token price hovers above its support at $0.0072, investors anxiously await a potential rebound. Should Notcoin maintain this level, there may be scope for a recovery toward $0.01. However, a breach below $0.0072 could lead to further dips toward $0.0068.
Despite the recent challenges, a shift in investor sentiment is evident, transitioning from bearish to neutral. Some optimism prevails among those hoping for a stabilization in the coming period.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Securitize Enhances Tokenized Asset Liquidity Through Wormhole Integration
- Sep 21, 2024 at 10:50 am
- Real-world-asset (RWA) tokenization infrastructure provider Securitize has chosen Wormhole as its official interoperability provider to facilitate cross-chain
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- Tether (USDT) Supply on the TON Blockchain Crosses $1B, Reaches 5M Weekly Active Users
- Sep 21, 2024 at 10:50 am
- The Open Network (TON), the network tied to Telegram tap games, reached a peak of 5M active weekly users.
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- Tron Blockchain’s Founder, Justin Sun, Is Looking to Pick up a Fight with Ethereum’s Vitalik Buterin
- Sep 21, 2024 at 10:50 am
- This was revealed in a message on X on the evening of September 19. In the tweet, Sun declared: “The atmosphere is so intense; it’s making me want to have a fight with @VitalikButerin at @CryptoFightWeek.”
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- George From Cryptos RUs Predicts Bitcoin Will Hit $250K to $300K by 2025
- Sep 21, 2024 at 10:50 am
- The crypto world is once again buzzing with optimism as Bitcoin edges closer to breaking the $65,000 mark. Driven by strong economic data from the U.S. and rising demand for BTC-spot ETFs, the current market trend has discussions about a massive bull run by 2025. But how high could Bitcoin go in the next cycle?
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- Circle Plans Wall Street HQ Debut as Tether Hires Ex-PayPal Exec
- Sep 21, 2024 at 10:50 am
- Stablecoin issuer Circle is moving forward with its initial public offering (IPO) debut and plans to shift its headquarters to Wall Street in 2025
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- The United States Securities and Exchange Commission (SEC) gave Nasdaq the go-ahead to list and trade shares of options
- Sep 21, 2024 at 10:50 am
- In a Sept. 20 notice, the SEC approved options trading for the iShares Bitcoin Trust under the ticker symbol IBIT on Nasdaq.
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- Declining Usage and Network Activity
- Sep 21, 2024 at 10:50 am
- Recent data from Bitcoin Visuals highlights the stark drop in the Lightning Network's capacity, which reflects a significant decline in user activity.
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- Sky (MakerDAO) to Eliminate All WBTC Exposure over Justin Sun Ties
- Sep 21, 2024 at 10:30 am
- Sky, formerly MakerDAO, will offboard WBTC over Justin Sun ties. This decision follows a governance vote that ended on Thursday, September 19.
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- Cryptocurrency Exchange BingX Announces Withdrawal Services Will Resume on Sept. 21, 2024, for Certain Digital Assets
- Sep 21, 2024 at 10:25 am
- According to the exchange's announcement, withdrawals for Tether's US dollar stablecoin USDT $1.00, Circle's US dollar stablecoin USDC $1.00