Following the approval of the ETH Spot ETF, major financial players like BlackRock have selected Ethereum to tokenise real-world assets, which supports positive price projections for Ethereum. In contrast, Notcoin’s market cap has increased dramatically, though this rapid growth raises concerns about its sustainability, with some indicators suggesting a potential market correction.
Meanwhile, BlockDAG (BDAG) has introduced its 17th batch, priced at $0.011 per BDAG coin, generating $46.8 million in its presale. This success is driven by aggressive marketing and appearances at global hotspots such as Tokyo, Las Vegas, and London. With its advanced mining technology, BlockDAG aims to be among the top 10 cryptocurrencies, promising a solid 30,000x return on investment. The excitement around BlockDAG is growing, with investors eager to benefit from its innovative approach and strong infrastructure.
Ethereum Price Forecast: Positive Momentum
Ethereum’s price has climbed following the approval of the ETH Spot ETF, supported by influential entities like BlackRock opting to tokenise real-world assets on the Ethereum blockchain. Despite recent consolidation, Ethereum maintains a bullish long-term outlook.
It trades above the 50-day and 200-day simple moving averages (SMAs) and is forming a potential bull flag, indicating a possible further price increase. The real-world asset (RWA) sector, valued at $9.24 billion, is expanding, with BlackRock issuing tokenised U.S. Treasuries on Ethereum. This increasing institutional trust in Ethereum suggests further price increases as the adoption of RWAs continues to rise.
Notcoin Market Cap Increases Amid Correction Warnings
Notcoin (NOT) has risen significantly to $6.63, with a market cap reaching $16 billion and a notable increase in the past week. However, this rapid growth raises concerns about its sustainability, with some indicators suggesting a potential correction.
A large investor recently converted 50,550 NOT into $46.4 million worth of Notcoin before the surge. Notcoin has 1.6 million holders, but despite the bullish sentiment, the Relative Strength Index (RSI) at 68.36 and recent resistance at the 1.0 Fibonacci level suggest a possible pullback. The 50-period Exponential Moving Average (EMA) might provide support if a correction happens.
BlockDAG’s Marketing Triumph and Mining Superiority
BlockDAG has quickly gained attention in the cryptocurrency world, driven by successful promotional efforts and presentations. The journey began with the first keynote at Shibuya Crossing in Tokyo, followed by celebrating its DAGpaper’s release at the Sphere in Las Vegas, setting the stage for its momentum. BlockDAG’s global marketing strategy continued with a high-profile display at Piccadilly Circus in London, coinciding with its CoinMarketCap listing and revealing a $100 million liquidity plan.
Now, with BlockDAG’s second keynote launched against a backdrop of the moon, the presale has surged to $46.8 million, showcasing growing investor confidence. These synchronised efforts signal BlockDAG’s ambition to dominate the global crypto market, with its technical advancements earning accolades from Forbes and Bloomberg.
BlockDAG also offers significant advantages over Bitcoin and Ethereum mining methods. Its ASIC mining series, highlighted by the X30, features a robust 280 GH/s hash rate and advanced ASIC technology for peak performance. The X30’s compact design and low noise levels make it ideal for new and experienced miners. Generating 600 BDAG coins daily while consuming only 220 watts, the X30 can potentially yield up to $30 daily at launch price. This user-friendly and efficient method underscores BlockDAG’s superior mining infrastructure compared to Bitcoin and Ethereum’s energy-intensive and complex processes.
Final Thoughts
With bullish Ethereum price predictions following the SEC’s approval of spot ETH ETFs, Notcoin’s technical indicators suggest a correction may follow its recent market cap and price surge. In contrast, BlockDAG’s promotional efforts and mining capabilities have earned it global recognition, propelling it into batch 17 and garnering $46.8 million from the sales of 11.1 billion coins and 7,257 mining rigs.
From Tokyo to Las Vegas and London, BlockDAG’s influence is rapidly expanding. With its cutting-edge technology and innovative approach, BlockDAG is poised to rank among the top 10 cryptocurrencies, capturing the attention of investors worldwide as analysts predict a 30,000x ROI for early investors.
Join BlockDAG Now!
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
