The market is facing tough times, especially for Mantle and Filecoin. Mantle (MNT) has seen a sharp 23% price drop, which could derail its upward trend. Meanwhile, Filecoin’s 55% plunge puts its growing Total Value Locked (TVL) at risk.
In the midst of it all, BlockDAG is offering some relief. Its recent partnership with UFC star Alex Pereira has boosted investor confidence in the coin. BlockDAG’s leadership team includes MIT alumni, tech industry leaders, award-winning distributed computing experts, and well-known founders. With Pereira as a dynamic brand ambassador, they’ve attracted over 100,000 investors to their community.
23% Mantle (MNT) Price Drop Spells Trouble
Mantle (MNT) recently faced a 23% drop from its July high, casting doubt on its bullish trajectory. After a promising 47% rise to $0.90, the price hit resistance and reversed due to selling pressure, slipping to $0.70.
This decline tests the previously broken descending resistance, which could serve as support, reaffirming a bullish trend if it holds. However, falling through could mean re-entering a descending pattern established since March. The hourly RSI suggests oversold conditions, hinting at a potential rebound.
Filecoin TVL Rises Despite A 55% Price Drop
Filecoin (FIL) had a rough second quarter, with its price plummeting 55%, thanks to a bearish market and the adage “sell in May and go away.” Despite this, the network hit an all-time high in total value locked (TVL) at $213 million, buoyed by over 3,700 unique contract deployments.
However, Messari’s report reveals a mixed picture: active storage deals dipped 6% from the previous quarter, with storage utilisation growing only 3%, compared to 5% in Q1. While revenue from fees doubled to $4 million, the altcoin’s price languished between $6.3 and $5.2, eventually falling to $4.0.
BlockDAG’s Brand Ambassador Contributes to 100k Community
In a bold move that has electrified the blockchain industry, BlockDAG has partnered with UFC star Alex Pereira, marking a historic milestone in its quest to transform the blockchain landscape.
This partnership reflects Alex’s dedication and hard work in sports, which align perfectly with BlockDAG’s goals. With his impressive victories and unwavering determination, Alex Pereira injects dynamic energy into the BlockDAG community, inspiring innovation and resilience. This collaboration has boosted BlockDAG’s profile and driven demand for its coin through the roof, with Batch 21 nearly sold out at $0.017 per coin.
BlockDAG’s rise isn’t just about high-profile partnerships; it’s also about the stellar team behind the scenes. Led by CEO Antony Turner, a visionary with an impressive track record in fintech and blockchain, BlockDAG is built on a foundation of expertise and innovation.
The team includes Dr Prof. Youssef Khaoulaj, a cybersecurity authority with experience at Intelcia Group and the Central Bank of Morocco, and Senior Advisor Steven Clarke-Martin, who brings over two decades of strategic consulting experience in blockchain and digital transformation. Adding academic prowess to the team is Dr. Maurice Herlihy, a renowned scholar with degrees from Harvard and MIT and a recipient of the prestigious Dijkstra and Gödel Prizes.
BlockDAG’s illustrious team has already delivered a 1600% ROI for early BDAG investors. Furthermore, with its Mainnet launch set to take place in 2 months, the price of BDAG is expected to rise from $0.017 to $1.
Over & Out!
There it is, in broad crypto light: As Mantle (MNT) faces a significant price drop, Filecoin’s nosedive of 55% spells trouble for its TVL. In contrast, BlockDAG’s iconic partnership with Alex Pereira & a grand team reveal expanded its community to 100k+ backers. Currently priced at $0.017 in presale batch 21, BlockDAG’s price is projected to hit $1 per coin following its mainnet launch.
With MIT & Harvard alums, tech biggies, and successful founders steering its ship, investor trust in BlockDAG is at an all-time high. This is evident in its rapidly selling presale batch 21. Once sold out, the upcoming batch would bring another substantial price surge.
Invest in the BlockDAG Presale Now:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a paid post and should not be treated as news/advice.
