October is shaping up to be a big month for NEAR Protocol, Uniswap Labs, and BlockDAG. The NEAR protocol continues to stand out with a significant surge over the past two weeks, with Uniswap Labs increasing fees by 0.25% to fund research.
But the real buzz is being caused by BlockDAG, recognized as a top altcoin of 2024 by Yahoo Finance and Fox News. BlockDAG is gaining attention from cryptocurrency enthusiasts, with early adopters noting impressive potential returns, perhaps up to 30,000x ROI.
NEAR Protocol Predictions Remain Bullish
NEAR Protocol predictions for October suggest the price could rise to $7.47, a 45% increase. After surging 50% over the past two weeks, NEAR faces resistance at $5.74 but remains well-positioned for further upside.
Traders are optimistic, supported by positive funding rates and strong momentum indicators. However, if NEAR fails to break through the resistance level or convert to support at $6.37, it could consolidate near $5.13. Nevertheless, sentiment remains bullish and a potential breakout in NEAR could push it to new highs soon. Investors are keeping an eye on the altcoin as it nears multi-month highs.
Uniswap Labs revenue increases by $51 million
Uniswap Labs generated $51 million in revenue over the past six months after increasing fees for direct swaps through the Uniswap interface to 0.25%. The changes, introduced in April, helped boost revenue for decentralized exchanges and fund further research and development.
Despite the lack of a profit sharing program, Uniswap Labs will use these proceeds to build reserves for future projects, including the upcoming V4 protocol. Although Uniswap operates on other chains, its activity remains most active on Ethereum. The price increase highlights how Web3 can sustainably monetize.
Yahoo and Fox News endorse BlockDAG as top altcoin candidate for 2024
Yahoo Finance and Fox News identify BlockDAG as the next big thing in the altcoin market in 2024. This recognition comes as BlockDAG continues to impress with its growing community and layer-1 blockchain that combines the best in decentralization, speed, and scalability. It has raised more than 13.3 billion coins and sold 13.3 billion coins. Currently, the price of batch 23 of this coin’s presale is $0.0192, and batch 24 will be released in a few days.
BlockDAG features a unique approach to solving common problems in blockchain technology. Layer 1 blockchain designs offer smart contract support, secure mining capabilities, and enhanced transaction throughput, all of which are attracting the attention of cryptocurrency enthusiasts and industry experts.
BlockDAG’s efficient team and strategic focus on long-term growth are proof of its growing impact and potential, with ROI estimates of up to 30,000x. This combination of BlockDAG’s Layer 1 blockchain technology and community-first mindset puts BlockDAG on track to realize some of the most ambitious predictions in the altcoin market, making it the cryptocurrency to watch heading into 2025 .
Q4 got off to a great start for cryptocurrencies
October was an eventful month with NEAR Protocol, Uniswap Labs, and BlockDAG gaining more attention. The NEAR protocol continues to gain traction, surging 50% in the past two weeks. Uniswap Labs has made $51 million in the past six months from increased fees that allow for research and reserves for future development.
But the north star for traders is BlockDAG. As it continues to gain momentum in the altcoin market with reviews from Yahoo Finance and Fox News, it is clear that the focus of this project is to highlight the altcoin market.
BlockDAG’s presale success highlights its growth potential. Batch 23 is priced at $0.0192 and the project is heading towards Batch 24 with bullish momentum. BlockDAG has established itself as a major player in the market, offering early backers the chance to earn impressive returns that can reach up to 30,000x ROI. BlockDAG is something that coin traders need to monitor closely.
Join the BlockDAG presale now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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