Why Settle? BlockDAG Leads Fetch.ai & Avalanche in the Crypto Payment Game Post $52.3M Presale
The post Why Settle? BlockDAG Leads Fetch.ai & Avalanche in the Crypto Payment Game Post $52.3M Presale appeared on BitcoinEthereumNews.com.
While Avalanche (AVAX) enjoys a price increase and Fetch.ai nears a significant merger, BlockDAG has carved out the most noteworthy progress in cryptocurrency. Recently, BlockDag broadcasted its plans for a mainnet launch in mid-August from a lunar venue, introducing its superior Detailed Acyclic Graph (DAG) technology. This tech ensures speedy transactions and secure confirmations through a Proof-Of-Work consensus, establishing its prowess in scalability and safety. With a $52.3 million presale and a Low Code/No Code framework for decentralised apps, BlockDAG is becoming the preferred investment, outshining both AVAX and Fetch.ai in potential and novelty. Avalanche (AVAX) Price Rally: Sustainability in Question? Avalanche (AVAX) has witnessed a 4.41% rise in price to $36.36, spurred by investor optimism. The trading volume has increased by 4.76% to $361 million, reflecting robust investor interest. Despite some resistance near $36.50, AVAX’s market value is proving durable, hinting at potential future growth. The market cap for AVAX grew 4.39%, reaching $14.3 billion, ranking it as the twelfth largest cryptocurrency. Technical indicators, including the MACD and RSI, predict continued upward movement, with an RSI at 56.32 suggesting there’s still potential for more increase. The Stochastic Momentum Index at 64.28 corroborates the ongoing buyer interest. Fetch.ai’s Merger with Ocean and SingularityNET Fetch.ai’s (FET) price has fluctuated recently due to the anticipated merger with Ocean Protocol and SingularityNET. The FET token dropped to $1.4675 but recovered to $1.6850 after positive U.S. inflation news. Originally planned for Thursday, the merger is now set for July 15. Post-merger, the FET token will be exchanged for the Super Intelligence (ASI) token, marking a major milestone in cryptocurrency mergers. Valued at $1.4 billion, Fetch.ai, AGIX and Ocean Protocol, valued at $890 million and $401 million, respectively, will merge their AI technologies. Despite recent dips below critical support levels and bearish trends, the merger’s…
Filed under: News - @ June 21, 2024 1:14 pm