Kaspa Price Drops, Ethereum Struggles & BlockDAG Soars with $30 Predictions
Kaspa’s price has decreased by 3% in the past day, continuing its week-long fall, while Ethereum faces hurdles below the $2,327 resistance level. Both cryptocurrencies are under pressure, with potential further declines expected for Ethereum.
In contrast, BlockDAG is thriving due to strategic partnerships with soccer giants Borussia Dortmund and Inter Milan. Talks of an upcoming deal with a Premier League club could further elevate BDAG’s profile. With BDAG’s price already climbing from $0.001 to $0.0178, analysts now predict a potential $30 value by 2030 and a 30,000x ROI, highlighting BlockDAG’s growing market appeal.
Kaspa Price Declines by Over 3% in a Single Day
In the last 24 hours, Kaspa’s value has fallen by 3.06%, marking a continued decrease as it moved from $0.16 to $0.15 over the past week. The trading volume for Kaspa has decreased by 22%, even as the circulating supply has risen slightly to 24.61 billion KAS, accounting for 85.75% of its total supply.
Despite the downturn, Kaspa maintains a market capitalization of $3.72 billion, ranking it 28th among cryptocurrencies. The recent fluctuations in its price have left market watchers cautious about its short-term prospects.
Ethereum Struggles Below Key Resistance Level
Ethereum is also facing challenges, struggling to break above the resistance level of $2,327. Following a significant drop of 12.37% last week, Ethereum saw a minor recovery of 0.22%, trading at $2,302. Should Ethereum fail to breach the $2,327 mark, it is expected to fall by another 9% to the $2,118 level according to market analysts.
Conversely, if Ethereum manages to close above the $2,327 resistance, it might climb by 5.8% to retest the $2,564 level. This situation has kept investors alert as they monitor whether Ethereum can push past its current resistance or if it will continue to face downward pressure.
BlockDAG’s Soccer Partnerships Boost Market Value
BlockDAG has made notable progress in the European market through strategic partnerships with soccer clubs Borussia Dortmund and Inter Milan. The company’s branding is now a fixture on the large LED screens at Dortmund’s Signal Iduna Park and Milan’s San Siro Stadium during home games.
These partnerships have significantly elevated BlockDAG’s market profile, propelling its presale figures to $72.5 million and boosting its BDAG coin price predictions to as high as $30 by 2030.
The sales figures speak volumes: over 12.9 billion BDAG coins have been sold, with the price per coin increasing from $0.001 to $0.0178—a 1680% rise. The support from Dortmund and Inter Milan has been crucial to this surge.
The excitement might increase further with talks of a potential new partnership with a top Premier League club and the rumors set by market analysts for 30,000x ROI. If these discussions lead to an agreement, it could further accelerate BDAG’s market price, potentially reaching $20 by 2027, as some analysts have anticipated.
Comparative Market Analysis
While other cryptocurrencies like Kaspa and Ethereum are experiencing downturns and resistance challenges, BlockDAG continues to build momentum through its sports partnerships. This strategy not only differentiates it from competitors but could significantly enhance its market valuation.
With a current price of $0.0178, the existing deals and the potential Premier League collaboration could greatly increase BDAG’s value. Making it a particularly attractive option for those looking to participate in the cryptocurrency space before more developments unfold and also to benefit from its 30,000x ROI potential.
Learn More About BlockDAG:
- 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.