Cryptocurrency

Q3 Update: Helium & Monero Bullish While BlockDAG’s CEO Reveals Plans to Safeguard Presale Funds

Market Trends

Helium Token's rise with a significant annual gain is grabbing attention despite its liquidity issues. Could this be a sign of more growth to come? There’s good news for Monero holders, too, as Monero's price prediction shows a promising future, with potential climbs to $257.65 by 2024. But are these figures within reach of this crypto or just mere optimistic forecasts?

But the market’s real star is BlockDAG Presale, which remains unaffected by market turbulence. It has shattered presale records, raising an impressive $64 million under the guidance of prominent crypto experts. In an AMA session, CEO Antony Turner has unveiled plans to form a Swiss Foundation to safeguard these funds and enhance transparency. This move and the public debut of top leadership set the stage for BlockDAG’s potential as the next crypto to explode.

Helium Token's Rise: Bullish Surge Continues

Helium token (HNT) rise continues as the crypto has shown strong bullish momentum, with a 249% annual gain. Despite a sharp decline from its peak value, the Helium token’s market cap surged by 6.8% to $852.057 million. However, Helium’s trading volume has seen an 18.3% drop, highlighting some liquidity challenges.

Technical indicators suggest further growth potential, including a recent breakout from a descending triangle pattern. Analysts are confident in the Helium Token rise, citing strong derivatives volume and positive market sentiment as key factors driving its continued ascent. 

Monero Price Prediction: An Insightful Outlook

Monero, renowned for its privacy-centric features, is expected to see notable price fluctuations in the coming years. Analysts anticipate that Monero’s price could climb to $257.65 by the end of 2024, driven by the increasing demand for secure transactions. 

By 2030, optimistic forecasts suggest Monero might reach an impressive $962.14, highlighting its strong market position. However, potential regulatory challenges and market volatility could influence these predictions. Ongoing technological advancements and rising adoption rates are crucial in these bullish predictions, underscoring Monero's long-term potential. 

BlockDAG to Form Foundation to Protect Presale Funds  

BlockDAG's presale is smashing records, recently hitting an impressive $64 million in batch 21. CEO Antony Turner has shared that these funds are being strategically deployed, primarily focusing on development. This bold move ensures BlockDAG stays at the cutting edge of blockchain innovation. In another significant step towards transparency and building community trust, Turner announced the formation of a new foundation. 

This exciting news came during a recent AMA session, just a day after BlockDAG unveiled its top leadership team. Turner revealed that BlockDAG is working with top legal experts to establish a Swiss Foundation, dedicated to safeguarding the presale funds for the community's benefit. He emphasized that these funds are strictly for the community, with no access for the team or founders. The Foundation will manage the funds responsibly, appointing an asset manager to ensure low-risk handling.

BlockDAG's commitment to responsible fund management underscores its dedication to long-term growth and stability. The project is not only innovating but also boosting investor confidence and transparency. With the much-anticipated reveal of the top leadership and the formation of the Swiss Foundation, BlockDAG is poised for a groundbreaking journey.

This is evident from the rapid growth in BDAG coin’s value, which has surged an impressive 1600% since the initial batch. The current batch 21 is priced at $0.017, with over 12.5 billion coins and 10,000+ miners sold. With the top leadership’s identities finally unveiled to the public after months of anticipation, analysts are predicting a solid $1 price for BDAG coin, strengthening its position as the next crypto to explode.

Next Crypto to Explode

With Helium Token's impressive rise and Monero's promising price predictions, the crypto market already shows strong potential. But where do they stand compared to a new crypto smashing records? BlockDAG’s record-breaking $64 million presale and the strategic formation of a Swiss Foundation to ensure transparent and community-focused fund management make it the next crypto to explode. 

BlockDAG’s innovative approach and the unveiling of its top leadership team positions BlockDAG as a frontrunner in the crypto space. Investors are watching closely, as crypto analysts are certain that BlockDAG is the next big cryptocurrency to explode, for its potential for substantial returns.

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