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Bitzo 2025-01-21 23:17:44

BlockDAG and HackerEarth to Host Global Hackathons for 7.6M Developers — Fantom (FTM) Price & Cardano Updates

As 2025 unfolds, the blockchain landscape is teeming with groundbreaking innovations from key players like Cardano, Fantom, and BlockDAG. Recent Cardano updates spotlight its strategic collaboration with FC Barcelona through the "Barça Vision" project, demonstrating how blockchain is elevating fan interactions with ADA rewards and NFTs. Conversely, the price of Fantom is under examination as the platform strives to regain footing after major holders undertook significant sell-offs, sparking concerns about its future pricing path. In the midst of these shifts, BlockDAG (BDAG) is making notable strides with an ambitious plan to support over 200 Web3 initiatives and host global hackathons in collaboration with HackerEarth. By leveraging HackerEarth's extensive network of 7.6 million developers, BlockDAG is committed to establishing the groundwork for widespread decentralized innovation. Having successfully raised over $182.5 million in its presale, with BDAG coins attractively priced at $0.0248, it's creating a lucrative opportunity for investors seeking substantial returns. Cardano's Partnership with FC Barcelona: A New Era for Fan Engagement Cardano has recently ventured into the sports sector through a significant partnership with FC Barcelona, launched under the club's "Barça Vision" initiative on January 10, 2025. This alliance aims to transform fan experiences by using blockchain technology to provide new job opportunities, blockchain education, and a reward system featuring ADA tokens and NFTs. Following this announcement, Cardano's ADA token experienced a 4% increase to $0.95, despite the challenging week which saw a decline of 11%. Cardano remains strong as the 9th largest cryptocurrency by market cap, valued currently at $33.5 billion, indicating a robust and expanding framework. This endeavor underscores the transformative power of blockchain in professional sports, highlighting ADA's essential role. Increasing use cases and adoption rates present thrilling prospects for those investing in digital assets at the forefront of innovation. Fantom (FTM) Price Under Pressure from Large-Scale Selling Fantom's price has shown a slight 3% recovery over the past day, but it remains down by 20% for the week, struggling against a bearish trend. The Average Directional Index (ADX), which measures trend strength, indicates a weakening downtrend at 31.4, hinting that the market might be stabilizing. Adding to the challenges, there's been a noticeable reduction in activity from large holders, exerting further selling pressure. The number of wallets holding between 1 million and 10 million FTM decreased from 84 to 69 in just a week, affecting the coin's liquidity. Currently, Fantom's price hovers around $0.618, a critical support level. Dropping below this could drive prices down to test $0.50, whereas a recovery effort might propel it towards the $0.879 resistance. Fantom remains a cryptocurrency to monitor as it seeks to regain stability and upward momentum. BlockDAG's Ambitious Agenda: Launching 200+ Web3 Projects with Global Hackathons Looking forward, BlockDAG is gearing up for a transformative year, marked by a major partnership with HackerEarth. This collaboration will lead to four global hackathons, aimed at engaging 10,000 to 15,000 developers from HackerEarth's vast network of 7.6 million tech professionals. These hackathons are designed to ignite innovation and cultivate a dynamic global community of developers. BlockDAG's primary goal is to foster the development of over 200 Web3 projects within its ecosystem, equipping developers with the resources to innovate, test, and launch cutting-edge decentralized applications (dApps), while showcasing the capabilities of the BlockDAG Network. With a comprehensive roadmap and a future-focused vision, BlockDAG is positioning itself as an increasingly attractive investment option. Analysts predict that BDAG, currently priced at $0.0248, could potentially reach $1 by 2025. Its advanced technology, expanding ecosystem, and practical applications are catching the attention of investors eager for premier opportunities in today's crypto market. The momentum is on the rise. BlockDAG's presale has already brought in over $182.5 million and is swiftly moving toward its $600 million goal. As more developers join the ecosystem and drive its growth, BlockDAG is solidifying its status as a key player in the Web3 arena. The outlook is positive for both developers and users exploring the decentralized opportunities that BlockDAG presents. Top Altcoins to Watch in 2025 While Cardano and Fantom navigate their distinct challenges and opportunities, BlockDAG stands out as the leading blockchain platform for growth and innovation. Its bold initiatives, including hackathons and the expansion of its Web3 project ecosystem, illustrate its commitment to scalability and practical utility. Experts predict that BDAG could reach $1 by 2025, driven by its strong presale performance and a strategy focused on developer involvement. For investors ready to capitalize on the next significant wave in the crypto space, BlockDAG offers the most compelling case, blending immediate potential with a long-term strategy that establishes its position as a leader in the Web3 revolution. Secure Your BDAG Today: Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetwork Discord: https://discord.gg/Q7BxghMVyu Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.

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