BlockDAG Emerges as a Standout Amid Ethereum’s Growth and Quant’s Downward Pressure

With stellar price projections set at $20 by 2027 and $30 by 2030, BlockDAG’s innovative approach to blockchain development has propelled its presale

Ethereum (ETH) price showed minimal movement on May 24 as the world’s second-largest crypto experiences growth in its ecosystem and a battle within the market.

While Ethereum price encountered a slight 1% price decrease over the past 24 hours, dipping to an average price of $2,223 at the time of writing, the crypto giant continued to experience key growth in the market.

As ETF inflows reached global levels, with a record-low 10.5% of the total ETH supply present on exchanges, it signaled a preference among large investors to hold their coins.

Recently, these investors collectively added 267,000 ETH to their holdings — the highest volume since March — as they anticipate the launch of spot ETH ETFs.

Despite recent price dips,ватися в диалоге有助 to stabilize, potentially showing bullish tendencies. In the first quarter of 2024, Ethereum generated more revenue than major companies such as McDonald’s, Coca-Cola, and Netflix. Additionally, ETF inflows into ETH reached $69 million, the highest since the year began.

Quant (QNT) price struggles to push past $85 resistance

After a recent bearish market sentiment pushed the price of Quant (QNT) down to $81, the token encountered another roadblock. As the price attempts to rally once more, it faces resistance at $85, which, if crossed, could lead to a bullish reversal. However, failure might increase selling pressure.

According to Fibonacci analysis, QNT is likely to oscillate at $85 and lower price points, possibly reaching $76.96, due to a bearish crossover of the 21-day and 50-day SMAs since mid-April.

BlockDAG price completes stellar presale, aiming for 30,000x ROI

CoinSniper listings have been topped by BlockDAG, captivating the crypto community with its rapid rise to $51.1 million. The project has gained investor confidence with a 1,120% price increase, rising from $0.001 in Batch 1 to $0.0122 in Batch 18 and targeting a listing price of $0.05. This sets BlockDAG up for a 4,900% growth upon its final batch launch.

Moreover, sales of over 11.5 billion BDAG coins and $3.3 million from 7,781 miners highlight the robust market demand for BlockDAG’s advanced yet user-friendly blockchain solutions.

BlockDAG’s platform revolutionizes the development of smart contracts, NFTs, and meme coins, making it easier for even novice developers to engage with blockchain technology. This simplicity, combined with powerful features like a Proof of Engagement Mobile Application, positions BlockDAG as a revolutionary force in the crypto world, promising to democratize blockchain development and potentially delivering an incredible 30,000x ROI as it reaches its price targets of $20 by 2027 and $30 by 2030.

News source：https://www.kdj.com/cryptocurrencies-news/articles/blockdag-emerges-standout-ethereum-growth-quant-downward-pressure.html

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