Big changes are happening in crypto. Uniswap, the largest decentralized exchange (DEX), caught attention with a recent $5 million ETH burn, strengthening its place in DeFi.
There’s more action in the crypto space: Bitcoin Cash is hinting at a breakout, with some hoping it might reach $500 if it can move past key resistance levels.
The top news is that BlockDAG (BDAG) has crossed $104.5 million in its presale and now aims for a $600 million mark in the next few months. Its advanced Testnet and strong scalability give BlockDAG a strong chance to stand out in 2024.
Uniswap News: Uniswap Burns $5M in ETH
Uniswap, the top decentralized exchange, leads in burning Ethereum, showing its strong presence in DeFi. Over the past week, it burned 1,841.9 ETH, worth about $5 million. This high burn rate reflects Uniswap’s large transaction volume as users swap on the platform smoothly.
Burning so much ETH helps reduce Ethereum’s supply, which could affect its price. This burning process makes Uniswap a key part of DeFi and plays a role in adding scarcity to ETH. As more users come to the platform, Uniswap is proving its role in shaping decentralized finance’s future.
Bitcoin Cash Nears Breakout with $500 in Sight
Bitcoin Cash (BCH) is nearing a breakout level after facing downward resistance since Q2 2024. BCH had been around the $300 support level for months but has now rebounded to $364.80, showing some bullish energy, though resistance remains nearby.
If BCH can pass the $430 mark, it could quickly head toward $500. But if it can’t break out, it might fall back to $300. Indicators like MACD are showing positive signs, hinting at a possible 40% gain if the momentum holds. Traders are keeping a close eye on what will happen next.
BlockDAG Hits $104.5M Mark; Eyes Set on $600M Next
BlockDAG’s presale has officially passed the $104.5 million mark, a major step toward its goal to become a top crypto in 2024. This push comes from its advanced Testnet, showing BlockDAG’s speed and efficiency, along with its well-liked ecosystem.
The excitement is far from over. Many experts predict that at this rate, BlockDAG’s presale could reach $600 million in the next few months. This isn’t mere speculation—backed by a strong base of over 170,000 supporters and modern technology, BlockDAG’s rapid growth seems solid.
Its high-performance Testnet and ability to solve big blockchain issues like speed and scalability have made it a favorite among crypto fans.
As more people see BlockDAG’s promise, the presale is expected to gain speed, making it one of the hottest altcoins on the market. Right now, BDAG coins are priced at $0.022 in batch 25, delivering an impressive 2100% gain since the first batch.
If this growth continues, BlockDAG could not only top presale charts but also reshape the crypto market with its tech and expanding ecosystem. For those looking to join an exciting project early, BlockDAG stands out as a top choice for 2024.
What’s Next?
Uniswap’s recent $5 million ETH burn strengthens its role in DeFi, driving scarcity and impacting Ethereum’s future. Meanwhile, Bitcoin Cash is close to a breakout, with eyes on a rise to $500.
Yet, BlockDAG takes center stage as it surpasses the $104.5 million milestone! This achievement puts it on track to be a major player in 2024. Its unique Testnet and growing community could drive it toward the next $600 million goal by the end of the presale.
Join BlockDAG:
Website | Presale | Telegram | Discord
