Press Release

BlockDAG Set to Unveil CEO on July 29, Prices to Jump 40%; BNB Rises as Cosmos Transactions Pause

By David Bryan

Posted on July 17, 2024

BlockDAG Set to Unveil CEO on July 29, Prices to Jump 40%; BNB Rises as Cosmos Transactions Pause

BlockDAG (BDAG) is gaining momentum as the leading bullish cryptocurrency with its anticipated CEO and team reveal on July 29th, aiming to deepen community ties and enhance transparency. This event is expected to increase its price by 40%, indicating growing investor confidence. Meanwhile, Cosmos has temporarily halted transactions due to network upgrades, affecting investor activity. At the same time, BNB shows continued investor interest with its bullish trend.

BlockDAG’s dynamic ecosystem and its rapid presale progress stand out in the crypto market. With $58.8 million raised from the sale of 12.2 billion coins across 20 presale batches, BlockDAG is shaping up as the premier choice for investors looking for innovative technology and robust leadership in the crypto sector.

Cosmos Transactions Halted for Upgrades

The cryptocurrency exchange Upbit has paused Cosmos (ATOM) transactions starting July 17, 2024, due to scheduled network upgrades. This pause affects both deposits and withdrawals of ATOM, with no specific timeline for when services will resume. Investors are advised to refrain from ATOM transactions during this period to avoid issues with asset transfers and returns.

Similarly, Sei (SEI) transactions will also be paused from July 15, 2024, due to network updates. Additionally, Binance plans to conduct wallet maintenance on July 17, leading to a temporary halt in all network transactions. The resumption of Cosmos (ATOM) transactions will depend on the post-upgrade network stability.

BNB Shows Resilience in Volatile Market

BNB demonstrates resilience amidst market fluctuations, showcasing a pronounced bullish trend. After holding the $460 support level, BNB now encounters resistance at the 100-day EMA of $561. Breaking above this level could end the correction phase, potentially lifting BNB to $597 and $635, which would represent a 19% rise.

Conversely, if it falls below this point, BNB could drop beneath the 200-day EMA at $500, targeting the $495 support level. Despite these challenges, the market conditions still favor a bullish trend for BNB, with significant gains possible if it overcomes current resistance levels.

BlockDAG’s Major Team Reveal to Enhance Community Ties

BlockDAG is set to significantly boost community engagement with its forthcoming CEO, Executive Team, and Advisory Board reveal on July 29th. This event will allow the community to connect with the leaders behind this promising crypto project, emphasizing their academic and professional expertise.

Following the reveal, an ‘Ask Me Anything’ (AMA) session is scheduled for July 30th, where the CEO will directly address the community’s pressing questions, promoting further transparency and interaction.

These events are stirring considerable excitement within the crypto community, increasing participation and investments in the presale. The anticipated reveal and subsequent AMA are expected to trigger a surge in the presale price, reflecting the growing confidence among investors in BlockDAG’s market-leading potential.

Additionally, BlockDAG’s ecosystem stands at the forefront of innovation, merging Proof of Work (PoW) with essential protocols for efficient transaction processing and consensus establishment. Its DAG Formation algorithm and Low Code/No Code capabilities simplify decentralized app development and enhance ASIC miner efficiency. With features supporting staking and secure peer-to-peer transactions, BlockDAG is a leading figure in decentralized finance, offering a compelling investment opportunity.

Key Insights

BlockDAG’s dynamic ecosystem and the upcoming CEO and team reveal are poised to elevate prices by 40%, affirming its status as a leading bullish cryptocurrency. With $58.8 million already raised from 12.2 billion coins by Batch 20, the project demonstrates robust investor confidence.

While Cosmos transactions are temporarily suspended due to network upgrades, and BNB continues its bullish trajectory, BlockDAG remains the top choice for investors seeking innovative technology and strong leadership in the crypto realm.