BNB Climbs Amid The Halt To The Cosmos Transaction; BlockDAG to Announce CEO on 29 July
With the announcement of its CEO and team on 29th July, BlockDAG (BDAG) is poised to emerge as one of the most bullish cryptocurrencies. This move aims to strengthen community bonds and improve transparency, with a predicted price increase of 40%, showing rising investor confidence. Meanwhile, Cosmos has temporarily stopped transactions due to network upgrades, impacting investor activity. In contrast, BNB continues to attract investors with its bullish trend.
BlockDAG’s fast-growing ecosystem and successful presale progress make it a standout in the crypto market. With $59.6 million raised from selling 12.2 billion coins across 20 presale batches, BlockDAG is emerging as a top choice for investors seeking cutting-edge technology and strong leadership in the crypto space.
Cosmos Transactions Paused for Upgrades
Starting July 17, 2024, the cryptocurrency exchange Upbit paused Cosmos (ATOM) transactions due to planned network upgrades. This affects both deposits and withdrawals of ATOM, with no clear timeline for service resumption. Investors should avoid ATOM transactions during this period to prevent issues with asset transfers.
Similarly, Sei (SEI) transactions are paused from July 15, 2024, due to network updates. Binance will also perform wallet maintenance on July 17, temporarily halting all network transactions. The restart of Cosmos (ATOM) transactions will depend on the network’s stability post-upgrade.
BNB Maintains Strength in Volatile Market
BNB shows resilience amid market fluctuations, continuing its bullish trend. After maintaining the $460 support level, BNB now faces resistance at the 100-day EMA of $561. Overcoming this resistance could end the correction phase, potentially pushing BNB to $597 and $635, marking a 19% increase.
However, if it falls below this level, BNB could dip under the 200-day EMA at $500, aiming for the $495 support level. Despite these challenges, the market conditions still favour a bullish trend for BNB, with significant gains possible if it breaks current resistance levels.
BlockDAG’s Major Team Reveal to Strengthen Community Engagement
BlockDAG is poised to significantly boost community engagement with its upcoming CEO, Executive Team, and Advisory Board announcement on July 29th. This event will enable the community to connect with the leaders behind this promising crypto project, highlighting their academic and professional expertise. Following the reveal, an ‘Ask Me Anything’ (AMA) session is set for July 30th, where the CEO will directly address the community’s pressing questions, promoting further transparency and interaction.
These events are generating considerable excitement within the crypto community, increasing participation and investments in the presale. The anticipated reveal and subsequent AMA are expected to drive a surge in the presale price, reflecting growing investor confidence in BlockDAG’s market-leading potential.
Additionally, BlockDAG’s ecosystem is at the forefront of innovation, combining Proof of Work (PoW) with essential protocols for efficient transaction processing and consensus formation. Its DAG Formation algorithm and Low-Code/No-Code capabilities simplify decentralised app development and enhance ASIC miner efficiency. With features supporting staking and secure peer-to-peer transactions, BlockDAG is a leading figure in decentralised finance, offering a compelling investment opportunity.
Key Insights
BlockDAG’s dynamic ecosystem and the upcoming CEO and team reveal are set to boost prices by 40%, affirming its status as a leading bullish cryptocurrency. With $59.6 million already raised from 12.2 billion coins by Batch 20, the project demonstrates strong investor confidence.
While Cosmos transactions are temporarily suspended due to network upgrades, and BNB continues its bullish trend, BlockDAG remains the top choice for investors seeking innovative technology and strong leadership in the crypto space.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
