The CEO of XRP remains composed despite ongoing SEC legal challenges, hopeful for a resolution even as the token struggles to breach the $1 mark. Meanwhile, Arweave is grappling with a notable downturn but remains hopeful for recovery. Amid these fluctuations, BlockDAG (BDAG) stands out with a presale skyrocketing to $52.7 million and prices surging 1120% from its initial batch. Following its influential moon keynote and prominent showcases in Tokyo, Las Vegas, and London, expert forecasts now deem BlockDAG’s target of $30 by 2030 more achievable than ever, setting it up as the cryptocurrency to watch in 2024.
XRP’s Regulatory Challenge: Persistent Legal Battles Amid Price Stagnation
Ripple CEO Brad Garlinghouse has shed light on the ongoing SEC lawsuit, uncertain of the exact timeline but suggesting a possible resolution by September 21. He has voiced criticisms against the restrictive US regulatory framework, firmly stating that XRP is not classified as a security within the US. Despite these legal entanglements, Ripple’s international operations continue to expand. However, XRP’s price lingers around $0.4843, still shy of the $1 mark, mirroring the recent downward trend.
Arweave’s Valuation Challenges: A Rough 30% Decline
Arweave has suffered a steep 30% fall from its previous high of $49.82 on May 18th. It is now trading below the 50-day moving average, approaching the initial support level defined by the Woodie pivot point.
Despite this downturn, a developing inverse head and shoulders pattern suggests a tentative bullish recovery, targeting a price of $41.70. Should the price drop below the critical support at $33.68, this optimistic scenario would be negated.
Enhanced Forecasts for BlockDAG Post-Influential Keynote 2
Following the release of Keynote 2, BlockDAG has seen a substantial boost in investor confidence, with analysts now predicting it could reach $10 by 2025, $20 by 2027, and $30 by 2030. Keynote 2 brought to light several crucial developments that have cemented investor trust in BlockDAG’s potential and longevity, helping it achieve a remarkable $52.7 million presale and a price jump of 1120% since the beginning.
The keynote also emphasized BlockDAG’s strategic partnerships and the expansion of payment options, including a new partnership with Plus Wallet and adding over ten popular payment methods such as USDT, Ethereum, and BNB. This expansion has successfully attracted a broader range of investors and significantly increased daily presale revenues.
BlockDAG’s visibility on the global stage has significantly strengthened investor confidence and supported bullish price forecasts. The crypto made an initial appearance with its first keynote video at Shibuya Crossing, followed by an event at the Sphere in Las Vegas to celebrate the release of its DAGpaper, showcasing the platform’s sophisticated blockchain technology and its user-friendly Low-Code/No-Code platform. It later made headlines at Piccadilly Circus in London following its debut on CoinMarketCap.
These consistent and strategic global promotions, combined with the success of the second keynote, have propelled BlockDAG’s price surge. From just $0.0001 in the first batch to $0.0122 in the 18th batch, BlockDAG has amassed $52.7 million in ongoing presale efforts, bolstering expert confidence in its projected growth trajectory. Thus, reaching the price milestones of $10 by 2025, $20 by 2027, and $30 by 2030 now seems increasingly within reach for BlockDAG.
Final Say
As the XRP lawsuit unfolds and Arweave works through market challenges, BlockDAG captures the spotlight with its promising prospects. The remarkable 1120% increase in confidence following Keynote 2, alongside strategic global promotions from Shibuya to Piccadilly Circus, underscores BlockDAG’s rapid growth trajectory. Investors are now viewing BlockDAG as a high-potential project, poised to make significant market impacts in 2024 and beyond, aiming to hit $10 by 2025, $20 by 2027, and $30 by 2030.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
