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BlockDAG (BDAG) continues to impress as a top bullish cryptocurrency amidst the news of its CEO and team reveal on July 29, driving deeper community engagement and transparency. This reveal is expected to drive the price up to 40% as investor confidence grows. Cosmos trading was temporarily suspended due to a network upgrade, impacting investor activity. Meanwhile, BNB is experiencing a bullish trend and is seeing strong investor interest.
Despite these developments, BlockDAG stands out with its innovative ecosystem and rapid pre-sale surge. BlockDAG raised $58.2 million by selling 12.1 billion coins in 20 pre-sale batches. This positions BlockDAG as a top choice for investors seeking cutting-edge technology and strong leadership in the cryptocurrency space.
Cosmos transactions suspended due to network upgrade
Upbit announced that it will suspend Cosmos (ATOM) trading starting July 17, 2024 due to a network upgrade. This suspension will affect ATOM deposits and withdrawals, and the resumption schedule is unclear. Investors are advised to avoid ATOM trading during this period to avoid potential issues with asset reflection and returns.
Likewise, Sei (SEI) trading will be suspended starting July 15, 2024 due to a network upgrade. Binance will also perform wallet maintenance on July 17, temporarily suspending all network trading. The resumption of Cosmos (ATOM) trading will depend on network stability after the upgrade.
BNB Bullish Trend: Resilience Amid Market Volatility
BNB has shown resilience amidst market volatility, reflecting the strong BNB bullish trend. After defending the $460 support, BNB price is facing resistance at the 100-day EMA at $561. If the price breaks this level, the correction phase could end and there is a possibility of a 19% rally towards $597 and $635.
However, due to the downtrend, it may fall below the 200-day EMA at $500 and target the support at $495. The current market situation still indicates a BNB bullish trend, and there is a significant upside potential if the resistance level is broken.
BlockDAG's Mega Team, Public to Facilitate Community Participation
BlockDAG will be significantly enhancing community engagement in its upcoming event. BlockDAG will reveal its CEO, executive team, and advisory board on July 29th, giving the community a unique opportunity to meet the leadership behind this promising cryptocurrency project.
This groundbreaking announcement highlights the team’s academic and professional credentials, and creates a deeper connection with the community. Accordingly, an ‘Ask Me Anything’ (AMA) event is scheduled for July 30, where the CEO will address trending community questions live, further promoting transparency and engagement.
These events have generated considerable excitement within the crypto community, increasing participation and investment in the presale. The big reveal and the AMA session that followed are likely to drive the presale price upwards, reflecting the growing confidence of investors that BlockDAG is the top bullish cryptocurrency.
The BlockDAG ecosystem is also at the forefront of innovation, integrating Proof of Work (PoW) with protocols for issuing transactions, resolving conflicts, validating PoW, and establishing consensus. This hybrid approach ensures high transaction throughput and fast confirmation. The DAG formation algorithm and Low Code/No Code features simplify the development of decentralized applications, improving mining efficiency with ASIC miners. Supporting staking and secure P2P transactions, BlockDAG has established itself as a leader in decentralized finance, making it an attractive option for investors.
Key Points
BlockDAG’s innovative ecosystem and the long-awaited disclosure of its CEO and team are all set to solidify its position as the top bullish cryptocurrency with a 40% price surge. The project has already raised $58.2 million by selling 12.1 billion coins in its 20th batch, showing strong investor confidence.
Meanwhile, Cosmos trading has been temporarily suspended due to a network upgrade, while BNB continues its bullish trend, reflecting strong market interest. Despite these developments, BlockDAG remains a top choice for investors seeking cutting-edge technology and strong leadership in the cryptocurrency space.
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Disclaimer: This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.
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