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Cryptocurrency News Articles
Crypto Enthusiasts Pounce on BlockDAG with Presale Hitting $100M Soon! Meanwhile, SUI Soars & Ethereum ETF Looms
Oct 21, 2024 at 02:00 am
Monochrome Asset Management is about to launch its Ethereum ETF (IETH) on Australia's Cboe exchange, causing a big stir.
Monochrome Asset Management is preparing to launch its Ethereum ETF (IETH) on the Cboe exchange in Australia on Monday, following the successful launch of its Bitcoin ETF (IBTC). The IETH is designed to be user-friendly, allowing investors to roll over their Ethereum into the ETF without incurring capital gains tax thanks to its unique trust structure.
While the Australian market may not generate the same volume of funds as U.S. ETFs, Monochrome is optimistic about building excitement for Ethereum. The ETF will track the CME CF Ether-Dollar Reference price and carry a management fee of 0.50%, which is lower for certified advisers. Monochrome envisions this new ETF as an accessible and tax-efficient gateway for investors to participate in Ethereum.
SUI’s price has been steadily climbing, outperforming the broader struggling crypto market. Over the past month, SUI has surged by 124%, including a 20% jump in a single day recently while other major tokens experienced a dip.
A key driver behind this surge is the news that USDC, the second-largest stablecoin by market capitalization, will be integrated into the Sui Network. This addition is expected to significantly boost transaction activity on the network, sparking optimism among SUI holders.
Moreover, SUI’s listing on a major crypto exchange has also helped to elevate its profile. Currently, SUI is trading at around $2.01, showing strong signs of an upward trend. Many believe that SUI is poised to reach new all-time highs in the near future.
We are in the final hours of the BlockDAG presale, which is heating up as the project rapidly approaches the $99 million mark, pushing towards the massive $100 million milestone.
Crypto traders are rushing to secure BDAG coins before the presale concludes, fueled by a palpable fear of missing out (FOMO) as the window to purchase at this stage is quickly closing. With BlockDAG emerging as one of the hottest cryptos right now, the excitement is reaching fever pitch, and everyone is making last-minute efforts to secure their portion.
This is the final opportunity for buyers to acquire BDAG at the lowest price yet, which is currently $0.0206 in batch 24. Those who purchased early from the first batch have already enjoyed a staggering 1960% ROI.
According to expert predictions, BlockDAG could hit $20 by 2027, making the presale an unparalleled chance for anyone aiming to maximize their long-term potential.
The buzz surrounding BlockDAG is palpable, and each day brings increasing pressure for those still contemplating. As demand escalates, securing BDAG before the presale concludes could be the wisest move.
With its strong performance and bullish future price outlook, BlockDAG is cementing its place as one of the most exciting opportunities in the market. The presale is nearly complete, and time is running out — this is the optimal moment for buyers to step in.
Best Crypto to Buy in 2024
Monochrome’s upcoming Ethereum ETF launch in Australia will generate more interest in Ethereum, offering a tax-advantaged method for enthusiasts to participate. At the same time, SUI’s remarkable 124% price increase in a challenging market signals its potential to reach new record highs.
However, it is BlockDAG’s presale that steals the show as it approaches the $100 million goal. With BDAG coins projected to soar to $20 by 2027, now is the prime time to make a move before the presale ends.
Given the chance for substantial future growth, now is the time to act and capitalize on BlockDAG.
Discover More About BlockDAG:
Website | Presale | Telegram | Discord
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