Three exciting developments are taking center stage in the market: the latest upgrade from NEAR Protocol, unpredictable price movements from Sunpepe, and BlockDAG’s impressive alliance with Borussia Dortmund. The “Nightshade 2.0” upgrade from NEAR Protocol targets better scalability and user-friendliness. In contrast, Sunpepe is experiencing turbulent times due to a significant price drop.
However, the spotlight shines on BlockDAG’s $10 million, three-year deal with Borussia Dortmund. This partnership could make BlockDAG a key name in the crypto world, attracting attention from over a million football fans. This has prompted big-time holders to accumulate heavily, with whales buying $2.5 million in BDAG coins, seizing a prime opportunity.
NEAR Protocol Update: The Bold Nightshade 2.0
NEAR Protocol is introducing “Nightshade 2.0,” a major upgrade that enhances the blockchain’s scalability and efficiency by implementing a sharding technique. This technique segments the blockchain into smaller, manageable parts, allowing for processing more transactions at a reduced cost, making the blockchain more efficient and user-friendly.
Currently positioned as the 25th largest blockchain according to DeFiLlama, NEAR is aiming for the top 20. This upgrade is under the watchful eye of crypto technology enthusiasts and was spearheaded by NEAR’s founder, Illia Polosukhin, who has a robust background as a former senior developer at Google specializing in AI technologies.
Sunpepe’s Price Dynamics: A Rollercoaster of Value
The cryptocurrency Sunpepe (SUNPEPE) initially saw an impressive increase in value, but it soon encountered significant resistance, leading to a sharp price decline to $0.0060, triggering a notable market correction. Attempts to recover its previous peak have been unsuccessful, with the token facing lower and lower resistance levels, eventually stabilizing around the $0.0040 mark.
Despite this downturn, technical indicators like the Bollinger Bands, which reflect market volatility, suggest a potential for upward price movement. Meanwhile, the Relative Strength Index (RSI), a measure of market momentum, indicates a current balance between buying and selling pressures, suggesting that the price may yet find support for an upward trend.
Inside BlockDAG’s $10M Football Deal with Borussia Dortmund
BlockDAG recently announced a $10 million, three-year partnership with Borussia Dortmund, setting a significant benchmark in sports blockchain collaborations. This follows other notable partnerships in the field, like Blockchain.com with the Dallas Cowboys and Tezos with Manchester United.
This partnership follows BlockDAG’s substantial fundraising success. The company raised over $69.5 million in sales and achieved a staggering 1680% price surge, with 12.9 billion coins sold. Additionally, miner sales have contributed $4.5 million, with 11,311 miners sold.
The collaboration is designed to blend football’s global appeal with blockchain technology’s innovative potential, marking BlockDAG’s first significant entry into the sports arena. The partnership will include prominent stadium LED advertising, co-branded content with star players, and exclusive VIP experiences, all aimed at fostering a broader interest in blockchain technology among football fans worldwide.
This initiative has captured the attention of major holders, with whales purchasing BDAG coins for more than $2.5 million. With Batch 22, priced at $0.0178, nearing completion and Batch 23 imminently launched, anticipation is building for a further increase in BDAG’s market value.
Why BlockDAG is a Top Crypto
NEAR Protocol’s Nightshade 2.0 upgrade might transform its position in the cryptocurrency rankings, while Sunpepe’s volatile prices keep traders alert. However, BlockDAG’s $10 million deal with Borussia Dortmund steals the spotlight, potentially triggering widespread adoption and significant growth.
With additional partnerships anticipated and a $69.5 million presale coin already in place, BlockDAG is carving out a spot as a major contender in the crypto space. Big holders have noticed, purchasing up to $2.5 million in BDAG coins. With Batch 22 almost fully sold out, potential holders are encouraged to move quickly to secure their positions before Batch 23 begins.
Learn About BlockDAG
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
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