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BlockDAG (BDAG) is quickly rising to the top in the crypto industry, driven by a team of elite innovators from prestigious institutions like M.I.T and Harvard. Under the leadership of CEO Antony Turner, BlockDAG not only challenges the status quo but sets new benchmarks in blockchain capabilities, offering a compelling alternative to competitors like Avalanche and Hedera.
News about the Avalanche (AVAX) value and Hedera (HBAR) price still wasn’t enough to slow down BlockDAG, which is in its 21st batch with over $63.9 million in the bag and counting.
Avalanche (AVAX) is experiencing positive market movements, with a notable 5% gain, pushing its price to $28.75. This reflects a bullish sentiment among traders, backed by on-chain data showing 21.74% of AVAX holders are currently in profit. Additionally, a significant volume of $253.11 million has been bridged from Ethereum to Avalanche, indicating growing trust and potential for long-term adoption.
The withdrawal of substantial amounts of AVAX by QCP Capital from exchange wallets may reduce selling pressure, further supporting a favorable price trend. Avalanche is targeting an 18% gain, aiming for prices between $33.73 and $35.72, demonstrating its strong potential for growth.
Hedera, known for its proof-of-stake mechanism and focus on decentralized applications, has faced challenges during the recent market correction, with a steep 50% decline from its spring peak. However, it saw a relief rally in early July, bottoming around the $0.065 mark during the Bitcoin sell-off.
After the brief rally, Hedera reached the $0.078 level, but faced almost immediate rejection. This indicates ongoing volatility and uncertainty in its market behavior, highlighting the challenges Hedera faces in maintaining its market position amidst competitive pressures.
BlockDAG shines through the insights of CEO Antony Turner, who emphasized the network's revolutionary approach in a recent interview: "We're not just building a blockchain; we're crafting the future of decentralized technology." The presale stages of BlockDAG have been exceptionally successful, raising over $63.9 million, with more than 12.5 billion coins and nearly 10,000 miners sold, demonstrating robust market demand and confidence.
The BlockDAG team is its backbone, featuring industry luminaries from M.I.T and Harvard who have demonstrated exceptional skill and innovation in their fields. Their achievements are not just academic but have practical implications, significantly enhancing the network's infrastructure and user engagement, ensuring a robust growth trajectory.
The BlockDAG Foundation plays a crucial role in managing pre-sale funds, ensuring transparency and operational efficiency. This governance structure is pivotal for driving the network’s growth and supporting the community. The foundation's commitment to sustainable development further underscores its dedication to making a long-lasting impact in the blockchain space.
BlockDAG is making indelible marks on the cryptocurrency landscape, outpacing competitors like Avalanche and Hedera with its innovative technology and visionary leadership. With a team equipped to tackle and transform blockchain challenges, BlockDAG is leading the race and reshaping the future of digital transactions and decentralized applications.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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