BlockDAG eyes $50m as experts praise keynote 2; BTC and MATIC surge

Positive macroeconomics boost Bitcoin’s price outlook, Polygon shows bullish momentum, and BlockDAG’s presale nears $50 million, gaining expert endorsements.

Bitcoin’s price predictions are positive, backed by favorable macroeconomics and hinting at further gains. Polygon is also showing progress, with technical indicators suggesting bullish momentum.

Meanwhile, attention is shifting to BlockDAG (BDAG), as numerous crypto experts endorse it amid the ongoing presale. Renowned crypto expert Crypto Profit recently highlighted BlockDAG’s remarkable ascent. As one of the fastest-growing cryptocurrencies, BlockDAG’s presale has surged to $49.2 million, nearing the $50 million milestone.

Bitcoin’s bullish predictions and macroeconomic factors

Bitcoin’s recent surge to $71K differs from its March breakout, characterized by a lack of speculative froth and positive macroeconomic factors. Unlike March, the current rally lacks speculative leverage, with stable funding rates. Favorable macroeconomic conditions, like expected G-7 rate cuts and lower oil prices, support Bitcoin.

Investment banks expect the Federal Reserve to cut borrowing costs, contrasting with fears of inflation in March. Lower oil prices disincentivize inflation, potentially driving investors toward Bitcoin. This environment supports a bullish Bitcoin price prediction, suggesting the breakout above $70,000 could be more sustained than in March.

Polygon developments propel MATIC’s bullishness

Since announcing its multichain vision in June 2023, Polygon developments have made significant strides, notably with the introduction of the Polygon Chain Development Kit (CDK). This empowers projects to launch their own Ethereum Layer 2 chains, enhancing the utility and scalability of the Polygon network.

A collaboration with Cros aims to revolutionize gaming by connecting developers, advertisers, and a vast player base, leveraging CROS for in-game advertising with Ethereum’s Layer 2 solutions.

Currently, Polygon’s native token, MATIC, trades at $0.723, with a market cap of $7.15 billion. After a significant correction and ongoing consolidation, MATIC is nearing a key resistance level. Technical indicators suggest increasing bullish momentum and potential for a bullish trend reversal if it breaks the resistance.

BlockDAG presale soars to $49.2m amid expert endorsements

BlockDAG’s presale coin has captured significant attention in the cryptocurrency industry, soaring to $49.2 million from selling 11.4 billion coins. Top expert Crypto Profit highlighted this remarkable growth and increasing popularity. He emphasized the substantial rise in BlockDAG’s value, attributing this success to strategic advancements and a generous $2 million giveaway that has attracted many investors.

Crypto Profit also highlighted BlockDAG’s redesigned website, which has greatly improved user experience, making it more accessible and user-friendly for investors. Additionally, he praised BlockDAG’s recently-launched second keynote video for its valuable insights on low-code and no-code development and implementing the DAG structure, which is a helpful resource for developers looking to streamline their projects.

Moreover, BlockDAG also offers one of the best passive income streams with its X series miners. Especially the X100 miner, a cryptocurrency mining powerhouse boasting a 2 TH/s hash rate and 1800W power consumption. Designed for high-yield mining, it can earn up to 2,000 BDAG daily, equating to $100. The X100 combines advanced ASIC technology for enhanced computational power with energy efficiency, fitting various environments with controlled noise levels. Its scalability allows for growth, making it ideal for serious crypto-mining enthusiasts and large-scale operations.

Conclusion

Favorable macroeconomics and lower oil prices paint a bullish price prediction for Bitcoin while Polygon developments also reflect a bullish outlook for its native token, MATIC. However, all eyes are on BlockDAG. With its value soaring to $0.0122 and its presale exceeding $49.2 million, BlockDAG stands out among presale cryptocurrencies. Its rapid advancement, endorsements from crypto experts, and the powerful X100 miner position BlockDAG as one of the fastest-growing cryptos.

To learn more about BlockDAG, check out the presale, website, Telegram and Discord.