Ethereum Classic’s future looks uncertain as Render (RNDR) sees slight growth and BlockDAG experiences a remarkable 1,120% increase since its inception. Popular YouTube influencer Crypto Bull has endorsed BlockDAG as the most promising cryptocurrency of 2024, praising its innovative DAG-based PoW technology and impressive ROI. This endorsement has sparked a surge in investor interest, boosting BlockDAG’s funding to $51.5 million. The X100 miner from BlockDAG surpasses its competitors, suggesting that miners could earn a passive income of $100 daily.
Render (RNDR) Price: Potential Breakout Above $15?
There is optimism surrounding Render’s price outlook after a 4% increase in the past 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 strong support at the $10 mark. However, a 1.16% drop in the last 24 hours has investors cautious, particularly regarding the $11.5 resistance level. Events focusing on AI, such as Apple’s WWDC, could further boost RNDR’s appeal.
Ethereum Classic’s Outlook: Bearish Trends on the Horizon
The bullish momentum for Ethereum Classic is fading, with indicators pointing towards a shift to bearish trends. ETC recently tested the $25 support level and struggled to maintain the $29 support. Over the past 10 days, its price has decreased from $31 to $28.6, with the downturn in Bitcoin exacerbating the negative outlook for Ethereum Classic. Despite selling pressure and declining Open Interest, there is still a slim chance for bulls to reverse the trend if ETC can establish an uptrend on shorter timeframes.
BlockDAG Raises $51.5M With Influencer Backing
BlockDAG’s presale has broken records, outperforming major players like Ethereum, Ripple, Kaspa, and Bitcoin. Early investors have enjoyed a 1,120% ROI, with prices soaring from $0.001 in batch 1 to $0.0122 in batch 18. Crypto Bull’s recent 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 methods.
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 beginners and experts. The X100 miner, which has seen a rise in purchases, boasts a 2TH/s hash rate, 1800W power consumption, and advanced cooling system, outperforming top Bitcoin miners. Its design and Ethernet connectivity allow for the extraction of up to 2,000 BDAG/day in various environments, with SHA-256 algorithm compatibility enabling Bitcoin and Kaspa mining.
With the fastest batch progression in cryptocurrency history, BlockDAG’s upcoming Mainnet launch is expected to propel BDAG’s price from $0.0122 to $1. Miners could potentially earn $100 daily in passive income and potentially millions over the years.
In Conclusion
While RNDR sees a modest price increase and ETC faces a decline, BlockDAG emerges as the standout cryptocurrency of 2024. Its impressive growth is fueled by influencer endorsements, a 1,120% price increase since its inception, and a major keynote event. Currently priced at $0.0122 in batch 18, BlockDAG has raised an impressive $51.5 million by selling over 11.5 billion DAG coins. With the promise of delivering $100/day in passive income to miners post-launch, the X100 mining rig makes BlockDAG a top 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