BlockDAG to Hit $1? TRON’s Future & Uniswap’s High Fees
The post BlockDAG to Hit $1? TRON’s Future & Uniswap’s High Fees appeared on BitcoinEthereumNews.com.
Are you on the hunt for the most promising long-term crypto investments? Let’s delve into the current scene. TRON’s future looks dim, trading 45% below its highest-ever price. Meanwhile, Uniswap Labs has increased its fees 13 times over, now exceeding $50 million, making traders rethink their strategies. Yet, there’s a silver lining. BlockDAG’s potential to reach $1 by 2024, offering a staggering 5800% ROI, is turning heads. Could this be the golden chance that smart crypto holders have been seeking? Can TRON Avoid Dropping Under $0.10? TRON (TRX) has seen rapid growth in its ecosystem, achieving landmarks like 200 million accounts and a $10 billion Total Value Locked (TVL). Despite these successes, TRX has struggled to surpass its previous highs, now trading 45% below its peak price. The token has recently shown resilience, climbing above significant moving averages. This suggests a reduction in selling pressure. Nonetheless, if it fails to maintain above $0.13, it might slide back to $0.11 or even below $0.10. Uniswap Labs’ Fees Hit New Heights, Topping $50M Uniswap Labs has witnessed an exponential rise in its total front-end fees, now surpassing the $50 million threshold. This marks a thirteen-fold increase from $3.7 million at the start of 2024. Though users have alternatives like DEX aggregators including 1inch, Cowswap, and Paraswap, many continue to use Uniswap directly, solidifying its market presence. Despite these fees, the UNI token’s price has remained stable at around $6.14. Furthermore, Uniswap is challenging the SEC’s regulatory framework within the DeFi sector. BlockDAG’s Climb from $0.0178 to $1: Is a 5800% ROI on the Horizon? BlockDAG is creating a buzz with its potential to hit $1 per coin by 2024. Here’s an insight into why this might be achievable. BlockDAG has consistently introduced innovations such as a crypto payment card, a combined Block…
Filed under: News - @ August 28, 2024 1:09 am