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BlockDAG Testnet Launch, Kaspa Growth & Arbitrum Price Trends

DATE POSTED:September 12, 2024

30,000x ROI on Horizon? BlockDAG Testnet Launches on Sep 20th! Catch Up with Kaspa & Arbitrum Price Trends

As the crypto tides rise, Kaspa (KAS) and Arbitrum are catching the wave with their remarkable growth and positive price trends. Kaspa, which is right now the 23rd largest cryptocurrency by market cap, continues to draw attention with its robust features. Meanwhile, Arbitrum’s recent price uptick signals a promising direction for the token.

On the horizon, BlockDAG prepares for its testnet launch on September 20th. With its ongoing presale already raising $69.4 million, BlockDAG is quickly making a name for itself as a top crypto startup in the blockchain sphere as it reveals its innovative solutions and robust platform for future expansion.

The Steady Rise in Kaspa Growth 

Kaspa’s (KAS) growth is evident from its current ranking as the 23rd largest cryptocurrency by market cap. With a proof-of-work system similar to Bitcoin, the Kaspa blockchain boasts advanced features such as block data pruning and later subnetwork support. 

Within a year, Kaspa’s value has increased from $0.03224 to $0.2075, indicating that more individuals are taking note of its capabilities. Continued interest could further boost Kaspa’s growth, especially if it is listed on major platforms. With a $4 billion market cap, Kaspa’s growth demonstrates its increasing acceptance and potential for further expansion.

Exploring Recent Arbitrum Price Trends

Recently, the Arbitrum price has started to climb up, showing a 10.81% increase over the week, part of a broader market recovery. This uptick suggests the price might be stabilizing after a period of decline.

Despite this positive short-term trend, the longer-term outlook for the Arbitrum price is still cautious, as it remains below the critical 200-day Exponential Moving Average. The next key level to watch is $0.64. If Arbitrum breaks past this resistance, it could aim for higher levels up to $0.95. 

Ready, Set, Explore! BlockDAG’s Testnet Launches on September 20

BlockDAG has set itself apart in the blockchain market by quickly becoming a key player. They’ve had a great start with its presale, which has raised over $69.4 million, and has formed major partnerships that excite people. On September 20, 2024, they plan to launch their Testnet and the blockchain Explorer, a big step towards releasing their Mainnet.

This launch is more than just a milestone for BlockDAG. It’s the first chance for the community to try out and see what BlockDAG’s blockchain can do. The new Blockchain Explorer and Blockchain Faucet will let everyone dive deep into the blockchain, understand it better, and get a feel for how it works.

The Blockchain Explorer is set up to give detailed information about blocks and transactions, ensuring complete transparency. It works with both UTXO and account-based addresses and is compatible with EVM. This means users can get real-time data on transactions, block details, and smart contract activities. 

The Testnet also has features like connecting to a MetaMask Wallet and setting up sample smart contracts, which makes testing smart contracts and other features easier. This Testnet launch significantly enhances BlockDAG’s credibility, demonstrating its commitment to providing a reliable and transparent blockchain platform. The upcoming testnet launch has institutional whales circling the presale, with experts predicting massive 30,000x returns for this promising Layer 1 coin.

Closing Note

While wrapping up, Kaspa’s steady ascent and Arbitrum’s price resilience highlight the growing investor confidence in these platforms. Meanwhile, BlockDAG’s upcoming testnet launch not only further cements its position as a pioneering force in the blockchain sector but also offers the community a firsthand look at innovative features and robust capabilities. As BlockDAG evolves, it’s shaping an exciting future in the cryptocurrency market by opening up fresh opportunities for growth and buying options in today’s digital world.

Act Now – Secure Your BDAG Today:

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

The post BlockDAG Testnet Launch, Kaspa Growth & Arbitrum Price Trends appeared first on The Merkle News.