BlockDAG Hits $66.7M Post-UFC Champion Alex Pereira’s Partnership While ETH Liquid Staking Soars & ADA Price Eyes 9% Rise
As Ethereum’s Liquid Staking has shown resilience, rising by 1,200% in Total Value Locked (TVL) since early 2024, and Cardano (ADA) gears up for a 9% price jump amid rising network activity. Amid this, BlockDAG is flexing even harder with its partnership with UFC Light Heavyweight Champion Alex Pereira. This partnership has amplified BlockDAG’s visibility and significantly contributed to its ongoing Presale, which has gathered over $66.7 million. This unique approach positions BlockDAG as a top contender for those seeking significant, long-term investment opportunities.
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Ethereum Liquid Staking Surge: Analysing the 1,200% TVL Increase
Ethereum has recently witnessed a notable rise in its Liquid Staking, with the TVL increasing by 1,200% since the start of 2024. Despite a 2% dip in its price to $2,428, Ethereum’s staking mechanism has attracted several participants. These participants are drawn to the promise of earning rewards while contributing to network security, highlighting confidence in Ethereum’s long-term potential.
Ethereum’s price is hovering between $2,200 and $2,500, with RSI and MACD indicators hinting at a potential bullish rally. Analysts anticipate that if Ethereum can break above the $3,200 resistance level, it could set the stage for further upward momentum. However, the price remains below key moving averages, suggesting that a drop to the $2,000 support level could be possible.
Cardano (ADA) Price Prediction: Will it Break Resistance?
Cardano (ADA) has been capturing the market’s attention. Following mixed signals, ADA’s price is now poised for a potential 9% increase, driven by rising network activity. Recent analysis shows that Cardano’s network transactions and active addresses have reached multi-month highs, signalling growing participant interest.
However, the ADA price faces resistance around the $0.36 to $0.38 range, a critical level marked by the 200-day Exponential Moving Average (EMA). The Relative Strength Index (RSI) indicates a neutral to slightly bullish momentum, but the bearish patterns formed by recent candlesticks within the rising wedge suggest a warning. If ADA fails to break above the 200 EMA, it might signal a continuation of the bearish trend, potentially leading to a drop to the $0.261 support level.
BlockDAG’s Strategic Partnership with UFC Champ Alex Pereira
BlockDAG just made a big splash by teaming up with UFC Light Heavyweight Champion Alex Pereira! By having Alex Pereira as its official brand ambassador, BlockDAG is getting noticed on a global scale and attracting a whole new group of sports fans. It’s a genius branding strategy—pairing up with a top athlete known for his strength and determination, just like BlockDAG’s approach of staying strong, innovative, and constantly pushing forward.
This partnership goes beyond mere sponsorship; it symbolises BlockDAG’s aggressive growth path and visionary approach to marketing. By associating with Pereira, BlockDAG is set to enhance its brand recognition and attract a diverse user base, further solidifying its position as a leading player in the crypto market.
The impact of this partnership is already evident in BlockDAG’s ongoing presale phase. It has already raised over $66.7 million by selling over 12.6 billion BDAG coins. This success highlights the market’s trust in BlockDAG’s potential and the strategic advantage of partnering with a well-known athlete. As BlockDAG progresses through its presale stages, the partnership with Pereira is expected to continue driving momentum. This also contributes to the platform’s long-term success and establishes it as a promising investment opportunity.
Final Thought
BlockDAG’s partnership with UFC Champion Alex Pereira has proven to be a strategic move, as evidenced by the impressive $66.7 million raised in its ongoing Presale. While Ethereum’s Liquid Staking continues to surge and Cardano (ADA) eyes a potential price increase, BlockDAG’s growth plan and partnership with high-profile athletes position it as a top contender in the crypto market. As the platform progresses through its presale stages, participants looking for the next significant crypto investment should take note of BlockDAG’s potential to deliver substantial returns.
Join BlockDAG Presale Now:
- Website: https://blockdag.network
- Presale: https://purchase.blockdag.network
- Telegram: https://t.me/blockDAGnetworkOfficial
- Discord: https://discord.gg/Q7BxghMVyu
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.