In the world of cryptos, the standout performers for the fourth quarter of 2024 are Binance Coin (BNB), Bittensor’s TAO, and the new favorite, BlockDAG. Binance Coin is on a steady climb, now approaching $550, as traders watch eagerly for its next significant move. Bittensor’s TAO, on the other hand, has recently seen a 6.5% increase.
However, BlockDAG steals the spotlight. The recent launch of its testnet sparked a buying spree, leading to the quick sell-out of its presale batch 22 and raking in an impressive $76 million. With a staggering 1820% return already, market experts anticipate that BlockDAG could yield a 30,000x ROI in the future.
Binance Coin News: Eyeing $550 After Recent Gains?
Binance Coin has recently surged past the $525 mark and is now stabilizing around $535. Traders are speculating whether it will breach the $550 resistance, with potential to reach up to $580.
This bullish trend follows a breakthrough above the 20-day EMA at $524.50, signaling a strong confidence boost among traders. With the technical charts showing a stable rising support channel at around $540, Binance Coin remains a focal point in the market as everyone waits to see if it will climb higher.
TAO Price Outlook: Potential to Surpass $650?
Bittensor's TAO has rebounded sharply, growing by 6.5% in the last 24 hours and bringing its market cap to over $2 billion. Despite being down 63% from its peak of $767, TAO is still 800% higher than its lowest price.
Current trading indicates a consolidation within a tight price range, finding support at $163 and facing resistance near $490 and $650. Although a recent "death cross" of the 50-day and 200-day EMAs suggests a downward trend, a renewed enthusiasm among traders could lead to a breakout.
BlockDAG Testnet Success Fuels Demand; Will BDAG Reach $30?
BlockDAG's recent testnet launch has propelled its presale into the spotlight, quickly selling out Batch 22 and amassing a staggering $76 million. With over 13.1 billion BDAG coins snapped up, the project has captivated a broad audience, drawing in newcomers eager to test the platform.
The launch marks a pivotal moment for BlockDAG, as it attracts global developers interested in exploring its capabilities through tools like the Blockchain Explorer and Blockchain Faucet. These tools enable developers to delve into transactions, experiment with smart contracts, and mint coins, offering a practical glimpse into BlockDAG’s potential to revolutionize blockchain technology.
The excitement extends beyond developers. Anyone wishing to explore the testnet needs to hold at least 7,500 BDAG coins, which has significantly driven up demand. Seeing the technology in action has rapidly boosted confidence in BlockDAG’s future, with experts predicting that the coin could hit $30 by 2030. Also, market trends show potential for massive ROI for early entrants in the future.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
From its humble beginning at $0.001 in the first presale batch, BDAG’s price has climbed to $0.0192 in Batch 23, rewarding early holders with an 1820% return. This trend is likely to continue, with Batch 23 expected to sell out rapidly, reinforcing BlockDAG’s status as one of the most sought-after coins currently.
In Summary
The outlook is optimistic for leading cryptocurrencies like Binance Coin and TAO, with potential surges and breakouts on the horizon. However, BlockDAG is capturing the spotlight with its substantial early returns, promising testnet, and forecasts of a monumental future return, making it a focal point of discussion in 2024.
With Presale Batch 23 already underway and attracting significant attention, the current price of $0.0192 presents a fleeting opportunity for those keen on securing a part of this emerging powerhouse. The time to act is now.
Learn About BlockDAG – Act Now Before Prices Increase:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
