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Cryptocurrency News Articles
Stellar (XLM), Hedera (HBAR), and BlockDAG (BDAG): Which Is the Next Breakout Crypto?
Jan 23, 2025 at 08:01 am
The cryptocurrency market continues to present exciting news and opportunities, with key projects capturing trader and developer interest.
The cryptocurrency market continues to present exciting news and opportunities, with key projects capturing trader and developer interest.
Stellar (XLM) has surged in recent days, leading analysts to forecast significant growth. The asset’s price is positioned around $0.44, facing short-term resistance at $0.50 and a more substantial target at $0.577. Observers suggest that clearing these levels could add further momentum to the Stellar surge.
While daily losses have emerged, the broader uptrend remains intact. Fibonacci analysis indicates possible major gains, especially considering the last big upswing when XLM overcame similar hesitance. Traders are eager to see if another XLM surge can be sustained.
The ongoing Hedera bullish momentum has drawn interest following a 40% weekly rise that briefly lifted HBAR to $0.40. Observers note that the Hedera bullish momentum emerged after the token recovered from a low of $0.25, signaling a potential end to its correction phase. Technical views suggest further upside could drive HBAR toward the $1 level if buyers maintain pressure.
Analysts believe HBAR’s bullish momentum will remain intact so long as support near $0.30 holds firm, currently at %0.33. Overcoming resistance at $0.50 may open a route to $0.60 and above, with increased volatility a possibility. Many traders are optimistic that Hedera’s bullish momentum will continue as fundamentals, such as network updates, support the token’s long-term strength.
BlockDAG has entered a significant partnership with HackerEarth, positioning itself to become a central hub for blockchain development and adaptations. This collaboration gives BlockDAG access to HackerEarth’s massive network of 7.6 million developers across 133 countries, creating an unparalleled opportunity to expand its ecosystem.
As part of the partnership, BlockDAG will host four major hackathons, each designed to engage top-tier talent and inspire the creation of groundbreaking Web3 applications in areas like DeFi, governance, and infrastructure. These events will attract over 10,000 developers eager to push the boundaries of what’s possible on a Layer 1 network.
The BDAG coin, currently priced at $0.0248, has already raised $183 million, with 17.9 billion coins sold since the crypto presale began. Early adopters have seen impressive returns, further cementing its reputation as a rising star in the crypto world.
With the presale now in batch 27, BlockDAG is rapidly heading toward the $600 million presale target and becoming the biggest presale breakout crypto in the market.
Plus, the new partnership with HackerEarth adds to the excitement and goes beyond just visibility — it ensures that BlockDAG attracts visionary teams ready to bring decentralized solutions to life.
Many analysts believe that combining a strong developer focus with upcoming exchange listings and other highly successful partnerships, like the one with Inter Milan, makes BlockDAG ready for mass adoption.
For anyone looking to get involved in an ambitious and fast-growing project, BlockDAG offers a unique opportunity to be part of something transformative in 2025.
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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