BlockDAG targets a $30 price by 2030, while analyzing Ethereum’s supply trends and Lido DAO’s recent price movements.
Points
- BlockDAG presale success fuels price predictions of $30 by 2030.
- Lido DAO experiences significant price surge despite bearish trends.
- Ethereum supply increases following the Dencun upgrade.
- BlockDAG presale raises $56.6 million with significant investor interest.
BlockDAG has captured the crypto community’s attention with its ambitious target of reaching a $30 price by 2030. The project’s innovative mining technology and strategic initiatives have driven substantial interest and investment.
BlockDAG’s Impressive Presale Performance
The BlockDAG presale has seen remarkable success, with the price of BDAG coins rising from $0.001 to $0.014 in the 19th batch. This represents a 1300% increase, raising $56.6 million and selling 12 billion coins. The X series miners have also contributed to this success, with sales of over 8,520 units bringing in an additional $3.5 million. These achievements underscore strong investor confidence in BlockDAG’s potential.
Lido DAO’s Price Surge Amidst Bearish Trends
Lido DAO has experienced a significant price increase, outperforming many market players despite a bearish overall trend. Over the past two weeks, Lido DAO’s price has risen by 11.6%, although technical indicators suggest increasing bearish pressure. The Relative Strength Index （RSI） is currently at 33.47, hinting at a potential dip below $1.80. However, short-term predictions for 2024 place Lido DAO’s price between $3.24 and $4.40, with a possible peak at $7.29.
Ethereum Supply Expansion Following Dencun Upgrade
Since mid-April 2024, Ethereum has witnessed a notable increase in supply, with over 112,000 ETH added to the market due to the Dencun upgrade. This upgrade introduced nine Ethereum Improvement Proposals （EIPs）, including EIP-4844, which reduced fees on Ethereum’s layer-2 networks by temporarily storing transaction data separately. The proto-dank sharding feature enhanced data availability, making transactions more efficient. Despite the recent increase in supply, the total supply of Ethereum has decreased by 345,000 ETH since the transition to a proof-of-stake mechanism in September 2022. Currently, Ethereum is trading at $3,380.01.
Conclusion
BlockDAG’s presale success and innovative technology position it as a formidable contender in the cryptocurrency market. While Lido DAO shows resilience amidst bearish trends, Ethereum’s supply expansion following the Dencun upgrade presents mixed implications for investors. With a projected price of $30 by 2030, BlockDAG offers significant potential for long-term growth.
解説
- BlockDAG’s presale achievements highlight strong investor confidence and substantial fundraising success.
- Lido DAO’s recent price surge reflects its resilience, though technical indicators suggest caution.
- The Dencun upgrade has increased Ethereum’s supply, with potential implications for transaction efficiency and market dynamics.
- BlockDAG’s innovative approach and ambitious price prediction of $30 by 2030 make it a compelling investment opportunity.
- Investors should consider the mixed implications of Ethereum’s supply expansion and the bullish potential of BlockDAG.