Altcoin Sets to Launch 200+ Projects with HackerEarth; More On Cardano News & Fantom (FTM) Price 

Altcoin Sets to Launch 200+ Projects with HackerEarth; More On Cardano News & Fantom (FTM) Price

Cardano’s recent alliance with FC Barcelona through the “Barça Vision” initiative is a testament to how blockchain can revolutionize fan interactions. This collaboration has notably lifted ADA’s price by 4%, pushing it to $0.95, which underscores its escalating integration into tangible applications.

Meanwhile, Fantom (FTM) has exhibited resilience, with a 3% increase in price in the last 24 hours, currently positioned at $0.618. Despite this rise, the token remains 20% below its weekly high, poised near a crucial support level, compounded by diminishing whale activity that has intensified market pressures.

Moreover, BlockDAG (BDAG) has captured market focus following a successful $184.5 million raise during its presale, alongside plans to deploy over 200 Web3 projects. This initiative marks BlockDAG as a pioneering entity in the blockchain domain, presenting innovative solutions that distinguish it from competitors and enhance its appeal to blockchain explorers.

Cardano News: ADA-FC Barcelona Deal 

Cardano’s recent collaboration with FC Barcelona under the “Barça Vision” program, revealed on January 10, 2025, introduces blockchain technology to football, aiming to elevate fan engagement through educational initiatives, employment prospects, and a rewards system inclusive of ADA tokens and NFTs. 

This partnership propelled a 4% increase in the ADA token’s price to $0.95, effectively mitigating an earlier 11% decline from the same week, and highlighting the market’s positive reception to Cardano’s increasing applicability in real-world scenarios.

Looking forward, Cardano’s stature as the 9th largest cryptocurrency with a market cap of $33.5 billion, along with its foray into sports, exemplifies the practical utility of ADA and positions it as a compelling option for those keen on exploring blockchain-driven avenues.

Reduced Whale Activity Stalls Fantom Price 

Recently, Fantom (FTM) has achieved a 3% uptick in price over the past day, although it still records a 20% depreciation from the prior week. The Average Directional Index (ADX) has decreased to 31.4, suggesting a possible attenuation of bearish momentum and a potential entry into a consolidation phase.

Concurrently, a reduction in large-scale holder activity has escalated selling pressure, with the count of wallets holding significant amounts of FTM dropping sharply, impacting liquidity. 

Currently, Fantom’s price hovers near $0.618, a decisive level that could dictate its near-term direction. Looking ahead, a further dip could push Fantom towards the $0.50 support mark, whereas a recovery might propel it to test the $0.879 resistance zone, highlighting FTM as a noteworthy consideration for blockchain investment exploration.

BlockDAG’s Rapid Growth: 200+ Web3 Projects & $600M Milestone

BlockDAG is blazing a trail in the crypto arena with a significant partnership with HackerEarth, aiming to harness a vast pool of developer talent. This alliance, through the execution of four global hackathons, aims to draw 10,000 to 15,000 developers from HackerEarth’s expansive network of 7.6 million tech enthusiasts. These hackathons are poised to foster innovation and cultivate a robust global community of Web3 developers.

These events are pivotal in enabling developers to conceptualize, refine, and implement cutting-edge dApps, emphasizing BlockDAG Network’s capabilities. With an ambition to initiate over 200 Web3 projects, BlockDAG is navigating a path towards broad market adoption. Market projections indicate that BDAG, currently priced at $0.0248, might escalate to $1 by 2025, signaling its increasing attractiveness.

Further energizing this momentum, BlockDAG’s presale has successfully secured over $184.5 million, progressing towards a lofty $600 million target. As the developer community gravitates towards its platform, its innovative architecture and expanding utility lay the groundwork for a prosperous future, positioning it as an intriguing option for those looking to align with cutting-edge Web3 projects.

Summing Up!

Cardano news resonates with excitement following its collaboration with FC Barcelona, not only integrating blockchain into sports but also boosting ADA’s price by 4%, emphasizing its enhanced real-world relevance. Simultaneously, Fantom (FTM) price displays recovery signs, with a recent 3% increase, yet it remains stationed at a pivotal $0.618. 

Alongside, BlockDAG’s successful presale and ambitious plans for Web3 projects underscore the transformative potential of emerging blockchain technologies. Collectively, the expansions of Cardano, the recuperative moves of Fantom, and the ascent of BlockDAG present compelling narratives for anyone interested in pioneering blockchain-driven opportunities in the realm of digital finance.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu

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The post Altcoin Sets to Launch 200+ Projects with HackerEarth; More On Cardano News & Fantom (FTM) Price  appeared first on Cryptonewsland.


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