BlockDAG's Power Team: MIT Alumni Maurice Herlihy Onboard, Fantom and Helium Investors Intrigued!

Last updated: August 1, 2024 6:00 am

6 Min Read

Following a turbulent phase, the crypto market is on the rise once more, presenting enticing buying opportunities in Fantom and Helium. Forecasts indicate that both will exhibit enhanced performance and resilience to market fluctuations. Conversely, MKR and ARB have surrendered a significant portion of their first-quarter gains, rendering them less appealing.

Amid these shifts, BlockDAG, a layer 1 project, is emerging as a top choice for investors thanks to its impressive presale achievements. With over $63.9 million raised, BlockDAG’s momentum has been fueled by the introduction of its CEO, team, and advisory board. This experienced group features Maurice Herlihy, formerly of Algorand’s advisory team. BlockDAG’s rapid growth suggests it could be the standout crypto investment of 2024.

Fantom (FTM) Price Outlook: Bullish Signs Amid Challenges

Fantom (FTM) has encountered some hurdles recently, with its price falling 13.04% over the past month to $0.50. Despite this decline, on-chain indicators suggest a potential rebound. The Bulls and Bears indicator reveals four more bulls than bears, hinting at a bullish trend. Additionally, the Global In/Out of Money (GIOM) indicator highlights a robust support level at $0.32.

If the bullish momentum sustains, Fantom could surpass its resistance levels, potentially reaching $0.66 or even $0.99. Although the Awesome Oscillator (AO) currently shows a negative reading, green histogram bars indicate that bulls are regaining strength. This price prediction for Fantom (FTM) suggests a possible climb above the 23.6% Fibonacci level, with a potential peak at $0.67 if the bullish trend continues.

Helium Token Surge: Examining the Uptrend

Helium (HNT) has exhibited strong performance metrics, ranking #69 by The Chain Broker. Despite a relatively low-security score of 75.53, Helium’s market cap has grown by 6.8% in the last 24 hours, reaching $852.057 million. However, the token’s trading volume has dropped by 18.3%, leading to a low liquidity ratio of 1.92%, making it challenging to trade HNT in various market conditions.

Despite high volatility at 15.92%, the sentiment surrounding Helium remains positive, supported by a fear and greed index of 69. An 88% increase in derivatives’ traded volume, reaching $7.21 million, indicates strong buyer interest. The token’s price has recently broken out from a descending triangle pattern, suggesting upward movement. This rise in Helium’s token price is backed by bullish technical indicators, offering a promising outlook for investors.

BlockDAG: The Rising Star in Crypto

BlockDAG’s recent announcement of its CEO, team, and advisory board has markedly boosted investor confidence. The team, composed of finance, crypto, and blockchain experts, is led by CEO Antony Turner, co-founder of SwissOne Capital. Turner brings over two decades of experience in managing tech companies, including SPIRIT Blockchain Capital Inc. and Axona-Analytics. This unveiling, paired with an AMA session on July 30th, has greatly enhanced transparency and trust in the project.

As a result, BlockDAG’s presale has soared past $63.9 million. The presale price has surged by 1600%, from its initial batch price of $0.001 to the current batch price of $0.017 in its 21st batch. This impressive growth highlights strong investor interest and the project’s immense potential. The team’s rapid development pace positions BlockDAG to effectively challenge existing blockchain leaders.

Antony Turner’s extensive background in fintech and blockchain, combined with Chief Security Officer Youssef Khaoulaj’s expertise in system security and smart contract auditing, significantly boosts the project’s credibility. The advisory board includes prominent figures like Maurice Herlihy, who previously served as an advisor to Algorand. Herlihy’s deep knowledge of theoretical computer science and blockchain technology adds considerable value to BlockDAG. The blend of a proficient leadership team and a well-informed advisory board makes BlockDAG a formidable contender for the best crypto of 2024.

Last Call

While Fantom and Helium offer potential opportunities in the crypto market, BlockDAG stands out due to its impressive presale success and experienced team. BlockDAG’s presale has surged to over $63.9 million, with a 1600% price increase from its initial batch price of $0.001 to the current $0.017 in batch 21. The unveiling of its CEO, team, and advisory board, along with an AMA session on July 30th, has boosted investor confidence. This strong performance and strategic transparency position BlockDAG as a compelling choice. For those looking for the best crypto for 2024, considering the Fantom (FTM) price prediction and Helium token rise, BlockDAG presents a promising investment opportunity.