With the possibility of an XRP ETF launching in the next eight months, the crypto world is already buzzing. In contrast, Maker (MKR) faces a challenging period, dropping 24% as sellers take control of the market. But BlockDAG, with its much-anticipated testnet launch, seems to be on a different trajectory.
Having raised nearly $73.7 million in its presale, BlockDAG now invites holders and developers to explore its capabilities. With features like NFTs and decentralized applications available, speculation is growing that BDAG could hit $30 by 2030. If so, today’s holders might be positioned for substantial returns in the future.
With three promising altcoins in the spotlight, the question remains: which one is shaping up to be the best investment for 2024?
XRP ETF Expected to Launch in 8 Months
According to crypto marketing expert Blair Campbell, a U.S.-listed XRP ETF could be just months away, following the footsteps of Bitcoin and Ethereum ETFs. Grayscale’s recent launch of an XRP Trust only adds to the speculation.
Rayhaneh Sharif-Askary, Grayscale’s Head of Product, highlighted XRP’s strong real-world use cases, boosting optimism about its potential. Should the ETF be approved, some analysts believe XRP could return to its all-time high of $3.40.
Maker Price Drops 24%: What’s Next for MKR?
Maker (MKR) is facing headwinds, with its price falling to $1,628—its lowest since January 2024. Despite a recent rebrand to Sky, aimed at driving adoption and ensuring compliance, the market remains bearish.
This price drop was compounded by a major sell-off, with one investor offloading $408,000 worth of MKR. Key indicators like MACD and RSI suggest that sellers are still in control, and more declines may follow. With increased exchange inflows signaling low demand, the bearish trend could continue.
BlockDAG’s Testnet Now Open to Users with 7,500 Coins
BlockDAG has reached a major milestone with the launch of its testnet. This comes as the project closes in on $73.7 million in presale revenue, having already sold out 22 of its 45 batches.
Holders with at least 7,500 BDAG coins can now migrate to the testnet, exploring NFTs, building decentralized apps, and utilizing BlockDAG’s advanced blockchain features. The testnet’s launch has already attracted significant interest, particularly from developers eager to test the platform’s capabilities.
This increase in engagement is driving up demand for BDAG, and early adopters could be looking at a potentially significant return. With projections suggesting BDAG might hit $30 by 2030 and a potential 30,000x ROI, the excitement surrounding the project is warranted. Since its inception, BlockDAG’s price has already surged by 1680%, reflecting its rapid growth and rising popularity.
As the presale moves quickly, with whales reportedly committing over $2.5 million, the price is expected to rise further. Currently, BDAG is priced at $0.0178, but with batch 22 nearly sold out, this entry point may soon be gone as prices are expected to increase in the next batch.
For those considering getting involved, this might be one of the last chances to secure BDAG at this price, all while exploring its newly launched testnet.
Looking Ahead: The Best Crypto Picks of 2024?
While the XRP ETF may be approaching and Maker (MKR) is navigating some challenges, BlockDAG is pushing ahead at full speed. With a successful testnet launch and nearly $73.7 million raised in presales, BlockDAG is rapidly gaining traction.
Holders are already diving into the platform’s NFT and decentralized app offerings, showcasing the technical strength of the project. With projections suggesting a $30 value and a 30,000x ROI by 2030, BlockDAG’s potential is hard to overlook. For those looking to enter early, the presale offers a compelling opportunity, especially as batch 22 nears its sellout. Now might be the time to secure BDAG before the next price increase.
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
