BlockDAG Smart Contract Leads With 20,000x ROIs As Top Trending Crypto Surpassing Dogecoin Rally And ICP’s … – Blockchain Magazine
April 5, 2024 by Carolyna Mavis
175
The Digital asset landscape has been buzzing with the Internet Computer price prediction surge and the Dogecoin rally. BlockDAG (BDAG) revolutionises blockchain development, attracting investors and developers with its smart contract capabilities, fueling the creation of self-executing agreements and automated workflows, and overcoming traditional blockchain limitations and boundaries. Stay ahead of the curve with exclusive
The Digital asset landscape has been buzzing with the Internet Computer price prediction surge and the Dogecoin rally. BlockDAG (BDAG) revolutionises blockchain development, attracting investors and developers with its smart contract capabilities, fueling the creation of self-executing agreements and automated workflows, and overcoming traditional blockchain limitations and boundaries. Stay ahead of the curve with exclusive insights!
At the end of March, Internet Computer Coin broke above the previous range of $16.30 and $10.30, forming new highs just above $20. The cryptocurrency has pulled back, going through another consolidation phase just at the 38.2% Fibonacci retracement, showing buying pressure, although selling pressure has set in.
The fact that Internet Computer is again trading above its 50-day moving average provides further evidence of this resilience. This could comfort the notion that the current trend will continue. As for future price predictions for Internet Computer, if Internet Computers price stays above $16, we can expect the bullish trend to continue, reaching $21. However, we might retreat to about $13 if the price of the Internet Computer cannot stay above $16.
Dogecoin has avoided the FOMO that usually follows such strong advances, even amid an intense rally, suggesting that there may be hope for the bullish trend to continue. A surge in the total number of holders plays a crucial role in this bullish event, representing the collective count of active Dogecoin addresses with non-zero balances currently. We can trace several rationales to this surge, one of which is the introduction of new players in this field.
The other could be several different stimuli. For example, existing Dogecoin holders may be distributing their holdings among several addresses to benefit from greater privacy. Historically, many traders have entered the market simultaneously as rising prices indicate growing FOMO, which could indicate an impending peak. However, considering the deficient level of FOMO surrounding Dogecoin, this might be a positive indication of the Dogecoin rallys continued success.
BlockDAGs low-code and no-code smart contract capabilities democratise blockchain development, catering to a broad developer spectrum and turning blockchain visions into reality, even without a deep coding background. This Low-code/Nocode platform simplifies the creation of utility tokens, meme tokens, and NFTs. This allows a variety of pre-built templates tailored to requirements and a simplified deployment by this intuitive interface.
Empowering individuals and businesses to innovate on the blockchain accelerates development timelines, reduces time-to-market, and expands the blockDAG ecosystem with diverse new projects. BlockDAG seamlessly integrates with the Ethereum Virtual Machine (EVM), enabling developers to deploy existing Ethereum-based smart contracts effortlessly, thus expediting project development. This compatibility provides access to diverse resources and a well-established blockchain community. Additionally, numerous tools from Ethereum, including various web3 tools and MetaMask, are directly compatible with the BlockDAG network.
With Dogecoin rallying amid FOMO, Internet Computer price predictions for the future may be optimistic, but nothing is a certainty in the world of cryptocurrency.
Stay ahead of the curb and enjoy the top trading crypto: BlockDAG, with a high transaction throughput of 10,000-15,000 Transactions Per Second, exceeding that of traditional blockchain networks. Already raising $13.2 million in presale, it holds the potential for 20,000x ROI.
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Read this article:
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