Dogwifhat has bounced back from a month-long slump, surging 23.7%, while Monero (XMR) has shown volatility, dropping nearly 5% in the last week. Amidst these volatile cryptocurrency flows, BlockDAG’s latest Moon Keynote predicts a 20,000x ROI in 2024.
The presentation revealed an extensive roadmap, cutting-edge blockchain innovation, and significant global backing, establishing solid investor confidence. An unprecedented 1,300% price increase from Batch 1 overwhelmingly outpaced the value of WIF and XMR. Not surprisingly, the cryptocurrency was quickly purchased at $0.014 in presale Batch 19.
Dogwifhat's Rally: The Renaissance of Meme Coins
Dogwifhat (WIF), a young dog-themed meme coin that is only 6 months old, rose 23.7% to $1.89 after almost a month of declines. Despite hitting a two-month high of $4.06 in late May, WIF had fallen 39% over the past 30 days. It now has a market cap of $1.88 billion, making it the 50th largest digital currency. The resurgence has attracted investor attention and has led to a significant increase in social interactions. While the total fundraising rate remains unchanged at 0.007%, the $10 million increase in open interest indicates a bullish outlook. Still, a cautious strategy is recommended, as meme coin valuations are dependent on social media buzz.
Weathering Monero's Price Fluctuations
Monero (XMR) has been volatile recently, dropping nearly 5% last week, but is up 20% year-to-date. Crypto analyst One Intent is optimistic, suggesting that a breakout of the $180 level could send XMR to $300. Supporting this optimism, XMR is above the 100-day and 200-day EMAs, with 25 green technical indicators in a buy range. However, the ongoing price volatility brings a certain degree of caution to the market forecast.
BlockDAG's Moon Keynote: Predicting 20,000x ROI by 2024
BlockDAG's recent Moon keynote sparked a market shift with its advanced DAG framework and strategic marketing initiatives. Broadcast across the globe, Keynote 2 outlined a bold roadmap, exciting blockchain enhancements, and broad support. Following the keynote, BlockDAG's presale proceeds skyrocketed to $55.2 million, with over 11.9 billion BDAG coins now in circulation.
The “Development Releases” section details over 60 updates, ensuring that BlockDAG's DAG technology delivers unparalleled speed, superior security, and reliable data integrity. The mainnet launch is scheduled for four months, with the price of BDAG expected to rise from just $0.014 to $1.
The Devnet phase sees the peer-to-peer engine and block and DAG algorithms being finalized, with EVM compatibility and Metamask integration on the way for the testnet scheduled for mid-August. Additionally, BDAG investment has been streamlined with expanded presale payment options including USDT, Ethereum, and BNB.
Early backers of BDAG have already seen an astounding 1,300% ROI, and rumors suggest BlockDAG could deliver a 20,000x return by 2024. Securing BDAG today could be akin to capturing a sudden rise in wealth reminiscent of Bitcoin's early glory days. Investors who previously profited from BTC's potential have amassed billions of dollars, suggesting that similar windfalls could be in store for those now betting on BDAG.
Conclusion
While Dogwifhat is gaining momentum, buoyed by a surge in social media chatter suggesting further gains, and Monero’s optimistic projections have been somewhat dampened by recent volatility, BlockDAG stands out with a staggering 1,300% gain for early backers.
The digital currency has steadily risen from $0.001 in the first batch to $0.014 in the 19th batch. The frenzy sparked by BlockDAG’s recent Moon Keynote has sparked a frenzy, with investors snapping up over 11.9 billion BDAG coins, with the expectation of astronomical gains of 20,000 times by 2024.
Invest in the BlockDAG Presale Now:
Pre-sale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: The statements, views and opinions expressed in this article are those of the content provider and not necessarily those of Crypto Reporter. Crypto Reporter is not responsible for the reliability, quality or accuracy of the material in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods or services mentioned in this article. Please research and invest at your own risk.
