As August wraps up, the crypto market is eagerly anticipating a more promising September. Ethereum (ETH) price prediction points to potential upward movement, while Shiba Inu burn has sparked renewed interest with a bullish outlook. However, it’s not just these mainstream cryptos catching traders’ eyes. BlockDAG, in its early presale phase, has outpaced market leaders, raising over $69.3 million and delivering 1680% profits to early backers. And that’s not all—BlockDAG has also secured a headline-grabbing partnership with Borussia Dortmund, becoming the club’s first blockchain partner. With such momentum, BlockDAG is quickly being recognized as the best crypto right now.
Ethereum (ETH) Price Prediction: A Volatile Ride Ahead
Ethereum has been on a bumpy ride lately, with its price gaining 7.5% since August 27th, but still down 22% over the last month. Despite the excitement around the launch of spot Ether ETFs, the demand has been underwhelming, leading to $107 million in outflows in the past two weeks. However, a recent inflow of $8.4 million into BlackRock’s ETHA fund suggests that investor interest might be shifting back towards Ethereum.
On the technical side, Ethereum is trading below its 50-day EMA, indicating a bearish trend. However, a breakout from the current descending wedge pattern could push the price towards $2,800. With transaction fees dropping below $1 and layer-2 solutions gaining traction, Ethereum’s future might still hold some promise.
Shiba Inu Burn: Fueling Market Optimism
Shiba Inu has recently caught attention with a massive 28,145% surge in its burn rate, as 96.43 million SHIB were burned in just 24 hours. Over the past week, the burn rate has increased by 301%, further shrinking the total supply to 589.27 trillion SHIB. This significant Shiba Inu burn has turned market sentiment bullish, with many traders expecting upward price movement.
Despite the positive outlook, SHIB’s price saw a slight dip, dropping 0.7% in the last 24 hours to $0.00001393. However, futures data show a 0.44% uptick in open interest, hinting at potential recovery. With Shiba Inu’s recent listing on Kraken, investors have more trading options, adding to the overall optimism for the token’s future performance.
BlockDAG Signs Bundesliga’s Biggest Blockchain Deal
BlockDAG has just pulled off one of the most exciting moves in the crypto world by teaming up with Borussia Dortmund, Germany’s soccer powerhouse. Announced on August 28th, 2024, this groundbreaking partnership makes BlockDAG the first-ever blockchain partner for Borussia Dortmund, introducing blockchain tech to millions of soccer fans globally. Over the next three years, BlockDAG will shine as a Premium Partner with prime branding, LED ads during Bundesliga home games, and exclusive content featuring Dortmund’s top players. This isn’t just about visibility—it’s a massive leap toward mainstream adoption of blockchain in sports.
But the real magic of this partnership lies in its impact. By joining forces with a club as iconic as Borussia Dortmund, BlockDAG taps into a passionate global fanbase, instantly boosting its brand recognition. The $10 million deal also includes VIP experiences and matchday perks for fans and $BDAG holders, creating unforgettable moments and building a strong community around BlockDAG. This partnership is a clear statement of BlockDAG’s innovative vision and its belief that blockchain can transform industries, starting with the world of soccer.
And it’s already paying off. The hype surrounding this partnership has turbocharged BlockDAG’s presale, driving it past $69.3 million with early investors seeing an incredible 1680% return. Crypto traders are buzzing, and BlockDAG is now the hottest ticket in the crypto market, making it the one to watch and invest in right now.
Key Insights
As the market shifts focus from giants like Ethereum and Shiba Inu, crypto traders are eyeing BlockDAG as the best crypto right now. With a successful presale raising over $69.3 million and delivering a staggering 1680% return to early investors, BlockDAG is making serious waves. The strategic partnership with Borussia Dortmund has only added fuel to the fire, drawing even more attention. While Ethereum (ETH) price predictions and Shiba Inu burn rates continue to dominate headlines, BlockDAG is rapidly positioning itself as the next big investment opportunity in the crypto world.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
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.
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