This is a sponsored article.
As Bitcoin continues its surge amidst anticipation for the upcoming halving event, attention turns to developments in altcoin projects. Notably, the Metaplex Foundation’s launch of the new Solana NFT standard, Metaplex Core, aims to revolutionise NFT minting processes, while Cosmos (ATOM) investors are anxiously awaiting ATOM price breakout.
In the presale arena, BlockDAG (BDAG) is stealing the spotlight with its staggering 1566% post-launch ROI potential and an impressive presale haul surpassing $11.5 million. Keep reading for a closer look at these developments and discover what crypto to invest in for the 2024 bull run.
Cosmos (ATOM) News
Cosmos (ATOM) investors are anxiously watching the charts as ATOM price is consolidating near the recent high of $12.00, trading for $12.49 at press time, 71.96% down from its all-time high of $44.70 on September 2021.
Despite hovering around resistance at $12.84, maintaining momentum proves challenging. Bulls struggle to push the price above $12.78, with buying pressure weakening and bears yet to breach support levels. A breakout could lead to testing resistance at $12.84 or higher, while a bearish scenario might result in a deeper correction if prices dip below $12.31.
The Metaplex Foundation Launches a New Solana NFT Standard
The Metaplex Foundation announced the launch of a new Solana NFT standard called Metaplex Core, which aims to reduce minting costs and network demand by over 80% compared to existing standards.
This next-generation standard optimises cost, extensibility, and performance, offering minting costs as low as 0.0037 SOL (about $0.70) compared to 0.0220 SOL ($4.25) with the Token Metadata standard. While Solana’s Bubblegum standard for compressed NFTs remains cheaper, it comes with inevitable trade-offs and is primarily designed for mass-scale minting.
BlockDAG – The Next Crypto Legend Rising
With a remarkable funding of $11.5 million raised so far and ambitious goals to raise $600 million by the end of 2024, BlockDAG (BDAG) is quickly gaining traction as a standout project in the presale market.
One of the key highlights of the BlockDAG project was its keynote address, broadcasted on the digital screens of Shibuya Crossing in Tokyo, which garnered massive hype around the project. In the keynote, BlockDAG unveiled its ambitious plans to secure a top 50 ranking on crypto ranking platforms like CoinMarketCap and CoinGecko, positioning itself as a potential rival to established crypto giants, namely Bitcoin, Helium, and Kaspa.
Investors are particularly drawn to BlockDAG’s promising return potential, with the current presale batch priced at $0.0035 per BDAG and a projected listing price of $0.05, suggesting a post-launch ROI of approximately 1566%. Additionally, BlockDAG provides a pathway to earning up to $100 in daily passive income by mining BDAG, the BlockDAG network’s native coin, with its user-friendly X-series miners and almost 5000 units sold so far.
In response to the overwhelming investor interest in presale batches and the quick accumulation of $11.5 million, BlockDAG is currently priced at $0.0035 in the sixth batch. This remarkable presale has also announced a $2 million mega giveaway for 50 lucky community members. Investors can participate in the giveaway by following BlockDAG’s social media channels, submitting their wallet addresses, increasing their winning chances by completing all quests, and inviting friends for additional entries.
In Summary
The Metaplex Foundation introduces a new Solana NFT standard, Metaplex Core, to reduce minting costs and network demand. Meanwhile, Cosmos (ATOM) investors are closely monitoring ATOM price consolidation near $12.00, anxiously awaiting a breakout.
BlockDAG emerges as a standout in the presale market. It showcases ambitious plans to break into the top 50 spot on Coinmarketcap and CoinGecko and eyeing a staggering 1566% ROI potential for early investors.
Join BlockDAG Presale Now:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This sponsored content is not a part of NFTgators’ editorial views and is not an investment advice. Do your due diligence before making any decision.
