BlockDAG, Cardano, and ATOM: Promising Altcoins Poised for New All-Time Highs as We Enter Q3 2024

As we enter Q3 2024, the crypto market is experiencing a bearish trend. However, several altcoins with untapped potential are poised to reach

As we enter Q3 2024, the crypto market experiences a bearish trend. However, several altcoins with untapped potential are poised to reach new all-time highs. Here are the latest updates and investment opportunities to watch:

BlockDAG Garners Attention with Presale Success, Promising High Returns

BlockDAG, a proof-of-work coin, has garnered attention with its presale success, raising over $59.8 million. The project has experienced an impressive 1400% price increase from an initial batch price of $0.001 to its current price of $0.015 in batch 20.

BlockDAG boasts an advanced ecosystem that includes a low-code/no-code platform for effortlessly creating utility tokens, meme tokens, and NFTs. Its user-friendly interface and customisable templates simplify project deployment, enabling quicker market entries.

This approach aligns with BlockDAG's goal of democratising blockchain access and facilitating a diverse range of new projects. By supporting decentralised applications with robust infrastructure, BlockDAG encourages the creation of digital art marketplaces, tokenised asset platforms, and other innovative applications, ultimately enriching the blockchain landscape.

BlockDAG recently announced that its mainnet launch will occur in just four months, a significant acceleration from the originally planned six months. This ambitious timeline aims to achieve a staggering $600 million by 2024, setting clear milestones that substantially enhance investor confidence.

Its rapid progression and bold financial targets are designed to make BlockDAG a dominant player in the crypto space. The transparent roadmap and aggressive goals instill trust in a market known for volatility, ultimately attracting investors seeking high returns.

Cardano (ADA) on the Upswing, Market Analysts Predict Potential Rise to $24 per Coin

Cardano (ADA) is making news with a bright future ahead. Recently, it faced a significant challenge in the form of a DDoS attack but successfully protected its network. Market analysts, particularly FieryTrading on TradingView, are optimistic about ADA’s potential, predicting it could reach $24 per coin.

This prediction is based on a long-term upward trend channel established since mid-2020. Such a target represents a substantial 5852% increase from its current price. While there are risks, as indicated by a stop-loss level at $0.2110, the potential rewards could make the investment worthwhile.

ATOM Rises 9.2% After Successful Governance Proposal

Cosmos Hub’s native token, ATOM, has seen a significant 9.2% rise in the past 24 hours. This increase follows the passing of a new governance proposal (#835), which led to the addition of 42,727,950 NTRN tokens, unclaimed in the Neutron airdrop, to Cosmos Hub’s community pool.

Launched in 2019, Cosmos Hub aims to create an interconnected “Internet of Blockchains,” making it a vital part of the Cosmos ecosystem. This recent move to integrate NTRN tokens enhances cross-chain functionality and strengthens governance within the ecosystem.

For investors, this surge signals strong community support and growing confidence in Cosmos Hub’s potential.

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