The Ethereum community is excited, with the Ethereum Dencun Upgrade on the horizon, promising to significantly bolster its infrastructure and propel ETH price to new heights. Meanwhile, the PYTH price is riding remarkable momentum, flirting with the prospect of reaching the $1 mark.
Amid these developments, BlockDAG (BDAG) has become a formidable presence in the presale arena, capturing the attention of investors with its viral keynote video, which debuted on the digital screens of Shibuya Crossing in Tokyo.
PYTH Price Prediction: On the Verge of Hitting $1
The PYTH price is showing bullish momentum. It is currently moving in a rising channel pattern and has recently reached a new all-time high (ATH) of $0.90. It is nearing the key resistance level of $1. The price’s bullish trend is supported by an engulfing candle formation and rising trading volumes, suggesting the potential to surpass the $1 mark soon.
Despite a slight pullback to $0.80, technical indicators like the Directional Movement Index (DMI) indicate a positive outlook, with a chance for a reversal from the $0.76 support level. If the price successfully breaks above the overhead trendline, the next target could be the 2.618 Fibonacci level at $1.10.
Ethereum Dencun Upgrade Sets the Stage for Explosive ETH Surge
The Ethereum network is on the brink of a remarkable evolution with the much-anticipated Ethereum Dencun upgrade looming. This pivotal update is set to enhance the network’s scalability, efficiency, and performance, drawing from crucial Ethereum Improvement Proposals (EIPs), specifically EIP-4844 and EIP-4788.
These advancements are expected to drastically reduce transaction costs and enhance volume, making Ethereum a more appealing platform for both developers and users. This could lead to increased adoption of Ethereum-based applications and, consequently, a surge in the price of ETH.
BlockDAG: Top Crypto to Invest in 2024
BlockDAG has quickly become a standout crypto in the presale market. It released a keynote video that debuted on the digital screens of Shibuya Crossing, a bustling pedestrian intersection in the heart of Tokyo. In this keynote, BlockDAG detailed its vision, value proposition, and roadmap, highlighting how it intends to disrupt the crypto landscape with its innovative hybrid consensus mechanism, unparalleled transaction confirmation speed, and innovative mining solutions.
As BlockDAG announced in the keynote, the project aims to rank among the top 50 on Coinmarketcap and CoinGecko and to earn returns comparable to those of Bitcoin, Helium, and Kaspa in their early days.
Following the keynote release, BlockDAG’s presale blew up, amassing over $3.8M thus far, with significant contributions from whale investors. Currently, BlockDAG is in the third batch of its presale, priced at $0.002, but this price will increase soon as the project’s third presale batch sells fast.
In response to the overwhelming early investor interest and the $3.8 million raised quickly, BlockDAG has announced a $2 million mega giveaway to be won by 50 lucky community members. To participate in the giveaway, follow BlockDAG’s social media channels, submit your wallet address, increase your chances by completing all tasks, and bring friends for additional entries.
In Summary
The Ethereum Dencun upgrade is set to transform the Ethereum network. Meanwhile, PYTH is riding a bullish wave, with a price prediction of $1. BlockDAG (BDAG) has become a standout crypto in the presale market, having released a keynote video that quickly went viral, attracting thousands to its presale.
Invest In BlockDAG Today
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram:https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu