Bitcoin Stumbles and BlockDAG Now Explodes Along with Uniswap Surge

Bittime - The latest news on Uniswap, Bitcoin and BlockDAG shows price increases, price predictions and possible profitable ROI in the crypto market. See details here. Listen to the explanation!

The Impressive Rise of Uniswap

After UNI announced new community developments, most notably the launch of Uniswap V4 later this year, a weekly gain of 16.6% sparked optimism in the market. Additionally, Layer 2 volume increased from $8.93 billion in May 2023 to $20.7 billion in May 2024. While UNI's rise to $15 may be interesting, the unstable state of decentralization precludes another bull run.

Bitcoin Price Prediction and the Tough Ride

Bitcoin rose past $69,500 after finding support at $67,000. Currently, Bitcoin is trading above $68,500, and has broken a significant downtrend line at $60,000 on the BTC/USD chart.

If Bitcoin sustains above $69,500, it may see upward momentum with resistance at $70,600. However, the price may decline if it fails to break $69,500. With further declines, BTC could fall below $67,200, disrupting its bullish potential.

Potential ROI 30.000x BlockDAG Triggers Happiness

Within 24 hours of its presale, BlockDAG raised $1 million. Currently, this crypto has experienced an increase of 1,000%. The price rose from $0.001 at the start of batch 1 to $0.011 in batch 17, and BlockDAG has raised more than $45.7 million from sales of more than $11.1 billion of BDAG coins.

With such impressive sales figures, analysts predict BDAG will reach $1 in 2024, $10 in 2025, and $30 in 2030. The 30,000x ROI potential after launch is demonstrated by BlockDAG's refined roadmap and marketing efforts.

Conclusion

The announcement of the new community and the launch of Uniswap V4 caused a significant price increase on Uniswap. Bitcoin rose past $69,500 with $67,000 support, but still has the $70,600 challenge behind it. With a strong roadmap and incredible sales, BlockDAG has a potential ROI of 30,000 times. Despite the confidence, the crypto market is still facing problems.

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Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.