As the cryptocurrency market closely monitors the latest trends, Ethereum Classic’s future appears uncertain, Render (RNDR) shows a slight increase, and BlockDAG sees an impressive 1,120% surge since its inception. Renowned YouTube influencer Crypto Bull has praised BlockDAG as the most promising cryptocurrency of 2024, attributing its success to its innovative DAG-based PoW technology and unparalleled ROI. His influential video has sparked a surge in investor interest, boosting BlockDAG’s funding to $51.5 million. The capabilities of BlockDAG’s X100 miner surpass those of its competitors, suggesting that miners could earn $100 in passive income daily.
Render (RNDR) Price: Could it Break Above $15?
There is optimism surrounding Render’s price outlook following a 4% increase in the last week, indicating a strong bullish trend. RNDR is currently trading at $10.42, with a market cap of $3.85 billion. Analysts predict a potential rise to $15, with solid support at the $10 level. However, a 1.16% drop in the past 24 hours is prompting caution among investors, who are closely watching the $11.5 resistance level. Events focused on AI, such as Apple’s WWDC, could further boost RNDR’s appeal.
Ethereum Classic’s Future: Bears Take Control
The bullish momentum for Ethereum Classic is fading, with indicators suggesting a shift towards bearish trends. ETC recently tested the $25 support level and struggled to maintain its $29 support. Over the past 10 days, its price has fallen from $31 to $28.6, with the downturn in Bitcoin exacerbating the negative outlook for Ethereum Classic. Despite significant selling pressure and decreasing Open Interest, there is a slim chance for bulls to regain control if ETC can establish an uptrend on shorter timeframes.
BlockDAG Raises $51.5M With Influencer Backing
BlockDAG’s presale has broken records, outperforming major cryptocurrencies like Ethereum, Ripple, Kaspa, and Bitcoin. Early investors have seen a remarkable 1,120% return on investment, with prices jumping from $0.001 in batch 1 to $0.0122 in batch 18. Crypto Bull’s latest video has highlighted BlockDAG’s significant market impact, featuring the Moon Keynote, upcoming developments, and community initiatives. The video also showcased endorsements from Forbes and Bloomberg, the launch of the X1 Miner App for easy smartphone mining, and various presale payment options. The anticipation of BlockDAG’s early Mainnet launch in less than four months has led to a surge in presale revenue, reaching $51.5 million.
BlockDAG is seen as a lucrative investment opportunity and a fertile mining ground for both newcomers and experienced miners. The X100 miner, which has seen a surge in purchases, boasts a 2TH/s hash rate, 1800W power consumption, and advanced cooling capabilities, outperforming top Bitcoin miners. Its advanced design and Ethernet connectivity enable the extraction of up to 2,000 BDAG/day in various environments, with compatibility with the SHA-256 algorithm allowing for Bitcoin and Kaspa mining.
With the fastest batch progression in cryptocurrency history, BlockDAG’s upcoming Mainnet launch is expected to drive BDAG’s price from $0.0122 to $1. This could potentially translate to $100 in daily passive income for miners and possibly millions over the long term.
In Conclusion
While RNDR shows a modest price increase and ETC experiences a sharp decline, BlockDAG emerges as the leading cryptocurrency of 2024. Its impressive growth is fueled by strong influencer endorsements, a 1,120% price surge since launch, and significant developments in the pipeline. Currently priced at $0.0122 in batch 18, BlockDAG has raised an impressive $51.5 million by selling over 11.5 billion DAG coins. The X100 mining rig promises to provide miners with $100 in daily passive income post-launch, making it a standout choice in the crypto market.
Invest in the BlockDAG Presale Now:
Presale:
https://purchase.blockdag.network
Website:
https://blockdag.network
Telegram:
https://t.me/blockDAGnetwork
Discord:
https://discord.gg/Q7BxghMVyu
Tags:
ETC