Is BlockDAG's $10 million Borussia Dortmund deal a recreation changer for Fantom and LayerZero?

0
56

Disclaimer: The data introduced on this article is a part of sponsored/press launch/paid content material and is for promotional functions solely. Readers are suggested to train warning and conduct their very own analysis earlier than taking any motion associated to the content material or firm on this web page. Coin Version just isn’t answerable for any loss or harm incurred because of or in reference to using the content material, services or products talked about.

Cryptocurrencies are more and more partnering with sports activities giants to boost consciousness and attain new followers. From soccer fields to basketball courts, these collaborations are a vibrant means for cryptocurrencies to penetrate the mainstream. Notable examples embrace Blockchain.com's partnership with the Dallas Cowboys and Tezos' cope with Manchester United.

BlockDAG has made headlines with its key partnership with Borussia Dortmund and is utilizing the partnership to speed up its presale win, which is why many advocate BlockDAG because the standout cryptocurrency for 2024, distinguishing it from opponents corresponding to Fantom and LayerZero.

Phantom (FTM) Worth Exhibits Vitality

Phantom has just lately surged in worth, growing 17% to $0.462 on August 22, 2024. The rise follows a drop to $0.276 earlier this month. Buying and selling quantity has surged to roughly $284 million, with a market cap of $1.29 billion, rating it 62nd amongst cryptocurrencies. Whereas the uptrend is promising, Phantom continues to be 86% under its October 2021 peak of $3.46.

See also  US strikes billions of {dollars} in seized cryptocurrencies. Inflicting Bitcoin Worth Considerations

Analysts notice that Phantom’s worth has risen above the higher Bollinger band, indicating sturdy momentum. Nevertheless, with the RSI at 61.93, there’s nonetheless room for it to rise earlier than reaching an “overbought” situation. If optimism persists, Phantom may rise additional, however merchants ought to put together for potential volatility.

LayerZero (ZRO) piques market curiosity

LayerZero, identified for enhancing cross-chain communication, is up 40% in a day and is at the moment buying and selling at $4.24. It has a market capitalization of $466 million, making it the one hundred and twenty fifth largest cryptocurrency by dimension. With solely 11% of the 1 billion tokens in circulation, worth volatility is more likely to enhance as extra tokens turn out to be out there.

LayerZero's attraction lies in its capability to allow seamless interactions throughout blockchain networks, which can turn out to be vital because the blockchain house turns into extra populated. Its position in transferring information and belongings between completely different blockchains makes it a precious participant within the decentralized finance (DeFi) house. The token has a restricted quantity in circulation, which may result in elevated volatility as the provision will increase.

BlockDAG launches in partnership with Borussia Dortmund

Whereas Fantom and LayerZero have been making waves, BlockDAG is charting its course with a strategic partnership with Borussia Dortmund, a soccer powerhouse with followers throughout the globe. The three-year, $10 million deal skyrockets BlockDAG's profile throughout an lively presale interval. By partnering with a widely known membership like Borussia Dortmund, BlockDAG is capturing the eye and sparking curiosity of thousands and thousands of soccer followers world wide.

See also  Trump's name for Bitcoin mining within the US offers large blow to China's Bitmain

The numbers inform a robust story. BlockDAG's presale has already raised a staggering $68.3 million, with the value growing 1,680% to $0.0178. With over 12.9 billion cash bought, miners pumping in $4.4 million into the fund, and almost 11,000 miner models bought, BlockDAG's momentum is simple. The model's affiliation with soccer is broadening its attraction, drawing in new members by mixing sports activities enthusiasm with cryptocurrency pleasure.

The partnership goes past simply emblem placement on uniforms: BlockDAG has secured prime promoting slots throughout Bundesliga house video games, produced branded content material with Borussia Dortmund gamers, and organized unique VIP experiences for $BDAG holders. This technique has constructed a dynamic group and established a robust presence within the aggressive cryptocurrency market.

Why BlockDAG is main the cryptocurrency trade

Whereas Fantom and LayerZero have made spectacular progress with their current improvements, BlockDAG’s partnership with Borussia Dortmund has utterly modified the sport.

By connecting with a passionate fanbase world wide, BlockDAG has created a robust mixture of sports activities and blockchain that captures consideration and attracts new members. This mix of intelligent branding and group engagement has helped BlockDAG stand out in a crowded cryptocurrency discipline. BlockDAG would be the high cryptocurrency to look at in 2024.

Be part of the BlockDAG presale now:

See also  Investing in Solana (SOL) and Ethereum (ETH) guarantees 10x returns, whereas this $0.025 pre-sale token guarantees 100x returns in 2024

Web site: https://blockdag.community

Pre-sale: https://buy.blockdag.community

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu