RNDR Whales Consolidate & XRP Aims High as Developers Flock to Try BlockDAG’s Testnet With Rumors Of 30,000x ROI
Navigating today’s crypto market can be overwhelming with its myriad options and volatile nature. However, notable developments in three cryptocurrencies—Render (RNDR), XRP, and BlockDAG (BDAG)—are shining a spotlight on their capabilities and drawing attention from the crypto community.
The launch of BlockDAG’s testnet is generating significant buzz among developers eager to tap into its expansive capabilities, especially for creating NFTs. As more developers dive into testing its features, excitement has pushed the presale figures to a solid $76 million. Similarly, views from financial experts suggest a 30,000x ROI for early joiners moving forward.
Render Gets A Boost In Token Supply
Render has seen a significant shift with whales now controlling 70% of its total supply, up from 51%, signaling their strong belief in its future. This is evident from data on CoinMarketCap, which shows 81,780 wallets currently holding Render, and a substantial majority have been with the coin for a significant period, suggesting a stable interest.
On July 21, a large number of Render tokens were moved to cold wallets, as reported by Santiment, indicating that these major holders are in it for the long haul, showing their steady commitment to the coin.
XRP Goes Through Ups And Downs Of The Market
Meanwhile, XRP has been navigating through its ups and downs with notable resilience, holding firm above key price points. This stability has sparked a wave of optimism, with market analysts suggesting there might be potential for the coin to reach new heights. Amdtrades, a well-regarded analyst, has pointed out that if XRP can maintain its current trajectory and breach the $0.60 mark, it could potentially climb to $1.26, with intermediate targets at $1.18.
BlockDAG Testnet Goes Live, Attracting Massive Interest
BlockDAG’s eagerly awaited testnet is now operational, offering a plethora of advanced features for users to dive into. This launch is particularly enticing for developers who are looking to leverage state-of-the-art blockchain technology with fewer entry barriers.
Developers are especially keen on BlockDAG’s enhanced capabilities for NFT creation. The network utilizes a DAG structure, known for its scalability that surpasses traditional blockchain models. This architecture reduces congestion, speeds up processing, and fully supports smart contracts with Ethereum Virtual Machine (EVM) compatibility. Such features make BlockDAG a prime platform for NFT developers, offering them unprecedented speed and flexibility in executing their projects.
BlockDAG’s testnet equips users with a robust set of tools that support a wide range of creative projects. With developers and crypto enthusiasts alike flocking to the testnet, the presale has surged to an impressive $76 million and is on track towards a monumental $600 million goal.
To participate in the testnet, users need to hold 7,500 BDAG coins, which are currently priced at $0.0192. With the coin’s promising trajectory, analysts suggest that its price could rise significantly by 2030, offering substantial returns for early adopters. As users engage with BlockDAG’s innovative technology firsthand, demand for BDAG coins is expected to skyrocket, potentially leading to rewarding outcomes for early participants. Also, market trends show a potential 30,000x ROI for early entrants in the future.
Current Crypto Highlights
Render (RNDR) sees a considerable amount of its total supply held by major stakeholders, indicating their strong belief in its future prospects. Meanwhile, XRP appears to be moving towards stability, eyeing the next significant price hurdle at $0.60.
Despite the strong performances and potential of RNDR and XRP, BlockDAG’s explosive testnet launch currently takes center stage in the crypto arena. The network’s presale is rapidly expanding as more developers and tech enthusiasts join to explore its transformative potential.
Join BlockDAG 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.
