Recent developments in the crypto world have put the spotlight on three key altcoins. Cardano’s much-awaited Chang Hard Fork has faced a delay, stirring mixed reactions among investors as they await its impact.
Meanwhile, Chainlink (LINK) grapples with price challenges and fluctuating support levels, raising questions about its near-term direction. On another front, crypto and sports are coming together once again, and this time it’s with BlockDAG’s entry into the soccer world. BlockDAG has signed a $10 million partnership with Borussia Dortmund. With further similar alliances on the horizon, BlockDAG’s partnerships set it apart, paving the way for increased visibility and growth in this competitive crypto market.
Cardano Hard Fork: New Date, New Expectations
Cardano’s much-anticipated Chang Hard Fork has been delayed, with the new date now set for September 1. The announcement, made by Cardano founder Charles Hoskinson, cited the readiness of exchanges as the reason for the postponement. Only 31 out of 58 exchanges, including major ones like Binance, were fully prepared for the upgrade, prompting the rescheduling from the initial August 27 date.
This news has sparked mixed reactions within the crypto community, reflecting both anticipation and caution. As the Cardano team works to ensure a smooth transition, all eyes remain on the forthcoming hard fork and its potential impact. The crypto market waits to see how this delay will influence the trajectory of the Cardano Hard Fork.
Chainlink Price Prediction: Will Support Hold?
Chainlink (LINK) is currently eyeing the $12.00 support level, but some indicators suggest caution. Despite recent bullishness among investors, LINK’s price has struggled to break through the $12.35 resistance. The Network Value to Transactions (NVT) ratio, now at a four-and-a-half-year high, indicates the altcoin might be overvalued compared to its activity level.
As optimism starts to fade, concerns about a potential price drawdown grow. If the support at $10.79 holds, LINK could still push past $12.35, potentially rising beyond $13.00. However, a dip to $10.00 is possible if the bearish trend continues. As market sentiment remains uncertain, the Chainlink price predictions depend on upcoming shifts in investor confidence and network activity.
BlockDAG’s presale is on its way to the top, raising $68.4 million with sights set on the mighty $600 million goal. BlockDAG announced a $10 million, 3-year partnership with Borussia Dortmund, one of Germany’s most celebrated soccer clubs in a bold move that could supercharge the presale.
As one of the largest crypto-related sponsorships in Germany, this deal gives BlockDAG extensive branding rights, including LED advertising around the pitch, large-scale screen placements during home games, and direct engagement with millions of Dortmund fans through social media and live events. This global exposure to millions of passionate soccer fans is expected to drive new interest in the ongoing presale, boosting both visibility and demand for BDAG coins.
This partnership is another major milestone achievement for BlockDAG. Another similar alliance with Inter Milan is also making rounds and a rumored collaboration with a prominent English soccer club is also in the works. These high-profile deals position BlockDAG to expand its reach to global audiences, reinforcing its push for mainstream adoption and long-term growth.
These deals significantly boost BDAG’s credibility and influence, pushing it closer to Tier-1 status in the crypto market. BlockDAG has sold over 12.7 billion BDAG coins, driving the price from $0.001 to $0.0178. As it continues to execute its strategy, the path to reaching the $1 mark appears increasingly attainable. For those looking to get involved, now might be the perfect moment to join this journey.
A Promising Path Ahead
As Cardano works through its hard fork delay and Chainlink faces key price levels, both projects remain important players in the crypto space. However, BlockDAG is currently one of the best altcoins to buy. Priced at $0.0178, BlockDAG’s strategic partnerships, like the one with Borussia Dortmund, are positioning it for significant growth. If it continues on this path, BlockDAG could soon join the ranks of the top altcoins. For those considering buying, now might be just the moment.
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Source: https://thenewscrypto.com/cardano-faces-hard-fork-delay-chainlink-wavers-blockdag-becomes-borussia-dortmunds-premium-partner-with-10m-deal/