BlockDAG is the buzz word behind one of this month’s initial coin presales that has already raised $350 million, dazzling investors. The project is currently one of the biggest ecosystems by holder count with over 200,000 holders and 2M users, showing massive interest in its ecosystem.
BlockDAG’s unique infrastructure makes extremely fast transactions as well as scalability possible, both key factors to worldwide adoption. The new platform had independent security audits from Halborn and CertiK, with the goal of providing the safest environment possible for its users.
Growing 2,660% and hitting an all-time high shortly after launching, occasions like this show the early growth potential evident with BlockDAG’s price. We’re projecting a 3,025% return on investment based on the token reaching its intended listing price of $0.05.
Meanwhile, Solana is maintaining its appeal to developers and investors, even after experiencing a 14% price decrease from its recent peak. The 50-day simple moving average is now the most important support level for Solana at $153. The cryptocurrency could rally further if it manages a strong breakthrough above $170.
Cardano was one of the biggest weekly gainers, rising over 10% to trade at just under $0.73. As of writing, the crypto is still pushing against an important resistance line at $0.75. Included in its very deliberate development are major upgrades for smart contracts, and the rollout of the Hydra scaling solution.
Dogecoin is enjoying technical strength, trading at 0.21. A symmetrical triangle pattern has formed on Dogecoin’s weekly chart, indicating a prospective breakout. If Dogecoin climbs above $0.26, it might experience a boost in its bullish momentum.
