AVAX Faces $28.74 Support Test: Ethereum ETFs Launch and BlockDAG’s Leadership Reveal Loom

Avalanche (AVAX) has climbed to $28.74, driven by a Bitcoin surge to $60,000 and significant updates from its developers. In the gaming industry, AVAX is advancing with notable events by Fableborne and a new alliance with ChronosWorlds for Avalanche. Moreover, direct Ethereum ETFs are scheduled to start trading on July 23, which is a significant advancement for Ethereum’s reach.

Simultaneously, BlockDAG is gearing up for a major team introduction on July 29, which is drawing considerable investor interest, pushing the presale beyond $62 million. The excitement is further heightened by a $2M giveaway, with just 20 days remaining for entries.

Avalanche Price: Solid Growth and Gaming Developments

Avalanche (AVAX) continues its sharp rise, reaching $28.74 amid a wider Bitcoin surge, which significantly uplifted the crypto market. The development team of Avalanche is actively delivering numerous updates to support this price movement.

In gaming, Avalanche is making significant progress. Platforms like Avalanche provide a robust and secure blockchain framework, essential for blockchain-based games. Fableborne’s first play-to-airdrop event drew over 77,000 simultaneous players. Furthermore, ChronosWorlds’ recent declaration of Avalanche as their “preferred deployment chain” reinforces AVAX’s position as a reliable platform for developers.

Direct Ethereum ETF: A Key Milestone

The Chicago Board Options Exchange (Cboe) has confirmed the upcoming trading of several direct Ethereum exchange-traded funds (ETFs) starting July 23. This important development includes the 21Shares Core Ethereum ETF (CETH), Fidelity Ethereum Fund (FETH), among others. The U.S. Securities and Exchange Commission (SEC)’s approval of these ETFs signifies a crucial moment for Ethereum.

The launch of these direct ETFs is poised to enhance Ethereum’s visibility among conventional investors. Currently, ETH is trading at $3,529, marking a 6.21% increase over the last week. This move by the SEC, following the successful introduction of direct Bitcoin ETFs, underscores a trend towards greater acceptance and regulatory clarity for Ethereum.

BlockDAG’s Leadership Reveal is Imminent!

BlockDAG is set to unveil its executive team on July 29, introducing the CEO, executive team, and advisory board to the community. The countdown to this major event is on, with only six days left. Additionally, BlockDAG will host an AMA session on July 30 to address frequent questions and solicit feedback to enhance the platform.

Anticipated future events suggest a potential 40% increase in BlockDAG’s value, in line with the ongoing presale. Investors are paying close attention, with many viewing BlockDAG as the prime cryptocurrency investment.

The excitement is also fueled by the $2M giveaway, with only 19 days remaining to participate. This contest offers 50 community members the chance to win significant cash prizes. To enter, investors need to hold at least $100 in BDAG coins, follow BlockDAG on social media, submit their wallet address, complete all quests to boost their chances, and invite friends for additional entries.

The buzz around the giveaway has significantly accelerated BlockDAG’s presale, which has progressed impressively. The presale began at $0.001 in Batch 1 and has now escalated to Batch 20 at $0.015, demonstrating a growth of 1400%. To date, BlockDAG has raised $62 million in the presale from over 12.3 billion BDAG coins and has amassed over $4 million from selling more than 9,793 miners.

Connecting the Dots

The buzz surrounding Avalanche (AVAX) and its gaming collaborations, along with the introduction of direct Ethereum ETFs, underscores the dynamic nature of the crypto market. BlockDAG, with its forthcoming team unveiling and successful ongoing presale, stands out as a prime crypto investment. The presale has achieved remarkable growth, exceeding $62 million, while the $2M giveaway offers an additional lure for investors. Holding at least $100 in BDAG not only offers entry into potential rewards but also positions investors for substantial returns in a promising network.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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