BlockDAG’s latest keynote, streamed from a celestial perch, has unveiled significant updates and driven remarkable growth. These updates, including the launch of the X1 Miner app beta, improvements to blockchain infrastructure, and the introduction of a fully human team, have sparked unprecedented interest.
Consequently, presale figures soared to nearly $40.8 million, reaching batch 16 at $0.0095, marking an 850% rise from the initial $0.001. This stellar performance positions BlockDAG among the top altcoins for 2024.
Uncertainty Looms Over Bitcoin’s Bull Run
Crypto analyst Axel Adler’s predictions about Bitcoin’s [BTC] bull run lasting may fall short. Data from CryptoQuant shows prices just 4.2% below the all-time high (ATH) from two months ago, and short-term holder profits hint at potential gains.
However, the 7-day moving average of Open Interest has only risen by 9%, compared to 20% during previous peaks. Moreover, the RSI staying below 70 indicates weak bullish momentum. These indicators cast doubt on the bull run’s durability.
Cardano’s Bullish Prospects With Caution
Cardano (ADA) has been buzzing this week, with analyst Sssebi predicting a bull run. ADA’s climb above the 200-day moving average (200MA) on the 4-hour chart signals a bullish trend. However, the sustainability of this trend is uncertain.
The recent retest and bounce from the 200MA with high trading volume show strong market interest, but recent gains may be short-lived. Sssebi’s analysis resonates with the community, but he stresses the need for independent research before investing.
BlockDAG’s Keynote 2 Brings Revolutionary Updates
BlockDAG’s second keynote, broadcasted from the moon, has boosted the surging presale. Moving to Batch 16 at $0.0095 marks an 850% increase from the initial batch.
The presale has amassed nearly $40.8 million, selling over 10.6 billion BDAG coins. With daily earnings at $500,000, projections suggest BlockDAG could reach $5 million daily, reflecting significant investor enthusiasm.
The keynote introduced the X1 Miner app beta, accessible on Android and Apple platforms. It also showcased enhancements to the blockchain and revealed BlockDAG’s all-human team.
Emphasising the efficiency of BlockDAG’s Directed Acyclic Graph (DAG) implementation, the keynote highlighted its superior scalability and transaction speed over traditional blockchains. These advancements allow users to mine BDAG coins and boost earnings ahead of the mainnet launch.
Additionally, the low-code and no-code features streamline decentralised application development within the BlockDAG ecosystem. This approach benefits smart contracts, meme coins, and NFTs by enabling users to design and launch apps with intuitive drag-and-drop interfaces, eliminating the need for coding. This speeds up prototyping and reduces development time, ensuring competitiveness in the fast-paced crypto market.
Final Word
Bitcoin’s bull run might be short-lived, despite predictions and historical data. Meanwhile, Cardano’s outlook seems bullish, but there’s caution over the sustainability of these gains. In contrast, BlockDAG’s innovations, showcased in the lunar-streamed Keynote 2, have significantly boosted interest and investment in their ecosystem.
The launch of the X1 Miner app, low-code/no-code development features, and emphasis on efficient DAG implementation highlight BlockDAG’s commitment to scalability and user-friendly technology. With an impressive presale marking an 850% price surge and growing investor confidence, BlockDAG stands out as a top altcoin for 2024.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
