The post Countdown Begins for BlockDAG’s 50% Bonus; LayerZero Climbs & Ethereum Enthusiasts Keep Faith appeared on BitcoinEthereumNews.com.

Crypto enthusiasts are often on the lookout for opportunities that promise substantial growth in a brief period. Currently, the cryptocurrency community is abuzz with several significant developments. LayerZero (ZRO) is currently seeing a 16.8% price surge, driven by increased activity following an airdrop announcement. Meanwhile, Ethereum investors maintain a positive outlook with consistent inflows, though the rising exchange reserves may present potential challenges ahead. BlockDAG has ignited widespread enthusiasm with its 50% bonus offer, set to conclude on October 14. This promotion has successfully attracted a surge of new participants and re-engaged existing ones, propelling presale revenue beyond $79.5 million. This offer stands as a prime opportunity for cryptocurrency enthusiasts to maximize their potential returns as the closing date rapidly approaches. LayerZero (ZRO) Experiences Notable Price Increase LayerZero has recently seen a remarkable 16.8% rise in its value, following an announcement of an upcoming airdrop. This news spurred a 433% increase in daily activity, pushing the number of daily messages to 98,000. The price of ZRO has climbed to $5.19, with 80.39% of LayerZero addresses currently showing profits. Market observers suggest that breaking past the $4.99 mark might set the stage for reaching new heights around $5.60. However, the sharp increase in price also introduces the possibility of a correction if the current momentum doesn’t hold, potentially driving prices down to around $3.83. Ethereum Enthusiasts Remain Hopeful Amid Positive Market Indicators The Ethereum community is witnessing an optimistic phase, with the token currently trading around $2,640, marking a 2% increase amid significant inflows into Ethereum ETFs. More than $105 million has entered these funds recently, sparked by the U.S. Federal Reserve’s decision to cut interest rates. These positive funding rates are supporting a generally bullish outlook for Ethereum’s market performance. Despite this, there is a cautious eye on the rising…

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Filed under: News - @ October 4, 2024 4:21 am