Ethereum news today highlights tough times for the coin, with $47.4 million in ETF outflows in just one day. Meanwhile, Render has dropped 18% over the past week, struggling to stay above $4.95.
With uncertainties looming over both Render and Ethereum, many holders are shifting their focus to BlockDAG, and for several reasons. BlockDAG has raised over $72.3 million in its presale, signed three of the biggest soccer sponsorship deals in crypto history, and delivered an ROI of over 1680% to early holders—all in just a few months.
BlockDAG is now gearing up for its highly anticipated Testnet launch on September 20, giving users and developers a first hands-on experience with the blockchain. With its presale smashing records, BlockDAG is quickly becoming the most exciting new crypto to watch—and potentially the best one to buy.
RENDER Price Drops 18%: Can It Bounce Back?
Render (RNDR) has been struggling lately, dropping 18% over the past week, and it’s now trading at $4.95. Right now, the coin is stuck between $3.3 and $5.1, leaving both bulls and bears in a tug-of-war.
Bulls are hoping to push through the $5.1 mark, but the market has been unpredictable. A breakout could send it upward, but for now, it’s a waiting game. Keep an eye on the broader market because it’s likely to impact how Render moves in the next few weeks.
Ethereum News Today: $47M Outflows & Other Price Woes
Ethereum has hit a rough patch, with institutional investors pulling back big time—$47.4 million worth of ETF outflows in just a day! Grayscale’s ETHE was the biggest loser, with $52.3 million exiting, while most other funds saw zero interest.
If that’s not enough, Ethereum’s trading volume on the CME dropped nearly 30%, its lowest in months. As of now, ETH is trading around $2,450, but it could dip to $2,100 soon. Some buyers did step in at $2,300, snapping up over 51 million ETH at that level. Still, compared to assets like Bitcoin and Nvidia, Ethereum isn’t doing as well this year.
Everything to Explore On BlockDAG’s Testnet: Launching Sep 20!
BlockDAG has been all over the news these past two months thanks to some major milestones. First, it secured two of the largest soccer sponsorship deals in crypto history. Second, BlockDAG’s presale has soared to over $72.3 million. And third, early BDAG holders have enjoyed returns of over 1680%.
This month promises even more for BlockDAG holders, as the platform prepares to launch its Testnet on September 20, 2024. This will be the community’s first chance to interact with the blockchain and explore what the platform has been building.
On the BlockDAG Testnet, users and developers can explore a variety of features. The Blockchain Explorer offers detailed access to block and transaction data, while the faucet lets users mint test BDAG coins and transfer them using MetaMask. Users can also experiment with smart contracts—minting NFTs, staking coins, or even burning tokens.
Testnets are key for any crypto project as they pave the way for the Mainnet, where the blockchain officially goes live. With BlockDAG’s Testnet just around the corner, the Mainnet is closer than ever.
Here’s the exciting part: some experts believe BlockDAG could reach $1 after the Mainnet launch. Currently, during Batch 22 of the presale, BDAG is priced at just $0.0178 per coin. For those jumping in before Batch 22 ends, the potential return could be a staggering 5500% when BDAG soars to $1.
The Best New Crypto to Buy Right Now!
Render is stuck between $3.3 and $5.1, with both bulls and bears waiting to see where it heads next. Ethereum is also facing challenges with ETF outflows and dropping CME trading volumes, as highlighted in Ethereum news today.
These issues have left many holders uneasy, with some already shifting their attention to emerging giants like BlockDAG. With BlockDAG preparing for its Testnet launch, and experts suggesting that its price could reach $1 after the Mainnet launches, early investors could see potential gains of up to 5500%.
However, with demand for BlockDAG’s native coin surging ahead of the Testnet launch, Batch 22 of the presale may sell out quickly. The next batch will come with a higher price, making “right now” the best time to jump in for those looking to maximize their returns.
Learn About BlockDAG – Act Now Before Prices Increase:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses
