The post BlockDAG Presale Triumphs, Stellar Aids Brazil, Chainlink Eyes Bounce appeared on BitcoinEthereumNews.com.

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . In a world riddled with challenges and market instabilities, the cryptocurrency sector remains a beacon of innovation. Stellar recently proved this through a Brazilian crypto fundraiser, facilitating cross-border philanthropy with efficient, no-cost transactions. At the same time, Chainlink deals with market turbulence, showing signs of a forthcoming rebound. Yet, it’s BlockDAG (BDAG) that steals the show, captivating audiences with revolutionary X1 App Miner upgrades at Keynote 2 and a presale figure of $52.7 million, ushering in a new age of high-performance blockchain solutions and drawing in proactive investors. Stellar’s Blockchain Empowers Brazilian Food Relief Efforts Recently, the Stellar network, a decentralized open-source protocol, was deployed in a fundraising effort to support food relief following severe floods in Rio Grande do Sul, Brazil. CheesecakeLabs, a Brazilian tech firm part of the Stellar ecosystem, orchestrated the initiative, facilitating crypto donations through USDC and XLM with zero fees and instant processing. This campaign showcases blockchain’s ability to deliver fast, transparent support during emergencies. Stellar’s pivotal role in managing international donations underscores its effectiveness in enhancing cross-border financial transactions and fostering significant social impacts. Chainlink Drops 10.65%, Predicts Recovery Ahead Currently, Chainlink (LINK) trades at $15.55, registering a 10.65% decrease this week. Despite a temporary boost from recent CPI data, the gains were not sustained. However, LINK’s Network Value to Transaction (NVT) Ratio and Market Value to Realized Value (MVRV) Ratio suggest a rebound might be near. The 30-day MVRV Ratio stands at -9.02%, indicating the asset might be undervalued, presenting a potential investment opportunity. LINK might soon hit $17.70, though Coinglass warns of a potential…

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Filed under: News - @ June 23, 2024 12:12 am