The post Crypto Community Thrilled By BlockDAG’s $2 Million Giveaway Amid Avalanche Price Prediction And Internet Computer News appeared on BitcoinEthereumNews.com.

BlockDAG’s recent presale made waves in the cryptocurrency world. It secured a whopping $52.9 million and sold more than 11.8 billion coins, swiftly positioning it as a cryptocurrency to watch. In addition to BlockDAG’s impressive presale success, the cryptocurrency community is abuzz with recent updates, including market forecasts for Avalanche and the latest news regarding Internet Computer. BlockDAG’s robust presale performance and its $2 million sweepstakes highlight its burgeoning potential in the fast-paced crypto industry. Avalanche Price Prediction Indicates a Downtrend Recent market forecasts for Avalanche reveal notable bearish trends as it trades below key technical indicators like the Ichimoku Cloud and several moving averages. This situation supports the forecast of a possible decline to lower support levels, emphasising the need for investors to choose their market entry points wisely. Although the number of addresses holding Avalanche (AVAX) has grown, indicating more engagement with the network, increasing the percentage of addresses out of profit suggests possible selling pressure ahead. These forecasts serve as a prudent warning of the unpredictable nature of cryptocurrency markets, particularly influenced by Bitcoin’s price movements. Internet Computer Introduces Groundbreaking Innovations The most recent developments in the Internet Computer ecosystem include the launch of Verified Credentials (VCs) by the Internet Computer Protocol (ICP), marking a significant advancement in decentralised blockchain technology. At a conference held in Zurich, ICP introduced this innovative, walletless method aimed at boosting privacy and control over personal data sharing. VCs utilise the Internet Identity system, enhancing security in authentication processes through passkeys and introducing the Proof of Unique Humanity, which combats bots and fraudulent accounts on social media. This initiative aims to purify online platforms from misinformation and harmful content, setting a new standard for trust and privacy in digital communications through blockchain innovation. BlockDAG Invites You to a $2 Million Sweepstakes In…

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Filed under: News - @ June 24, 2024 3:04 am