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Homeweb3.0BlockDAG's Inter Milan Partnership Boosts its Global Reach, Becomes the Best Crypto to Buy

BlockDAG's Inter Milan Partnership Boosts its Global Reach, Becomes the Best Crypto to Buy

Aug 30, 2024 pm 09:26 PM
BNBBDAG Uniswap Price Trends Inter Milan

Binance Coin (BNB) is currently facing a critical support test with its recent breakout, sparking discussions among traders about its next price move.

BlockDAG's Inter Milan Partnership Boosts its Global Reach, Becomes the Best Crypto to Buy

Crypto prices today are showing mixed signs of recovery with Binance Coin (BNB) facing a critical support test and Uniswap’s (UNI) revenue reaching new heights. However, these developments are being overshadowed by BlockDAG’s (BDAG) recent partnership with Inter Milan, which has sparked discussions about its next price move and its significance in the crypto world.

Binance Coin (BNB) price recently caught traders’ attention after it broke above a descending resistance line and reached a high of $599. However, the price has since pulled back to $567.30 as it retests the breakout level. This retest is crucial for determining whether BNB can continue its upward trend or if it might face further declines.

Technical indicators are providing mixed signals. The Relative Strength Index (RSI) is trending downward, suggesting increasing selling pressure, while the Chaikin Money Flow (CMF) is also on a downward trend. If BNB fails to hold above its current support level, it could drop to $522.90.

Uniswap has also made significant strides recently, with its revenue reaching all-time highs. Despite the native token UNI being under selling pressure and down 62% from its March highs, Uniswap has generated an impressive $50 million in revenue so far. This revenue comes from the fees collected on swaps across multiple platforms, including Ethereum and various layer-2 solutions.

Uniswap’s ability to generate such substantial revenue despite market volatility shows its place in the decentralized finance (DeFi) space. The protocol manages over $4.73 billion in assets, with a significant portion on the Ethereum network.

BlockDAG is on a meteoric rise, capturing the attention of the crypto world with a stunning presale success. It has gathered over $68.7 million in just a few months, with the BDAG coin price surging from an initial $0.001 to $0.0178, reflecting the confidence of early holders. This rapid growth has been instrumental in establishing BlockDAG as a credible and promising project, attracting further interest from the crypto community.

Now, imagine the possibilities! BlockDAG will host exclusive events at Inter Milan’s iconic venues, where innovators and investors can come together to create strong business partnerships. With LED ads, big-screen promotions, and social media activations during Inter Milan’s home matches, BlockDAG’s presence will certainly get a major boost, reaching millions of soccer fans globally.

The collaboration with Inter Milan not only enhances BlockDAG’s presence in the Italian market but also positions it as a leader in the broader European blockchain industry. Moreover, experts suggest that with the strength of Inter Milan’s global fanbase and BlockDAG’s ongoing presale success, the project could see even greater interest, potentially reaching $600 million by year-end.

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