Stories and Reviews
June 17, 2024

BlockDAG’s Moon Keynote Ignites Market With 1120% Spike; LINK And NEAR Protocol Trail Behind

While Chainlink (LINK) experiences diminished trading volumes and NEAR Protocol only sees a slight increase of 4.12%, BlockDAG has captured widespread attention with its thrilling Moon-themed Keynote 2. This event significantly increased BDAG’s valuation, achieving an extraordinary 1120% surge from its initial batch to the 18th, stirring considerable excitement for its digital tokens. Augmented by a series of detailed Development Releases, BlockDAG is on track to potentially realize returns as high as 30,000x.

Chainlink Navigates Market Challenges

Chainlink is currently facing challenges, having fallen below the crucial 50-day exponential moving average (EMA), which previously acted as a robust barrier. After peaking at $19 in June, LINK has been subject to continuous corrections, now vacillating between the 50 and 100 EMAs. Despite some recent increases in active addresses, there is a looming risk that LINK might drop below $18. However, if Bitcoin’s upward trend persists, LINK has the potential to climb back to the $20 to $22 range.

NEAR Protocol Logs Modest Improvements Amid Instability

Recently, NEAR Protocol encountered a slight downturn, losing 1% last week, yet it managed an overall gain of 4.12%, currently trading at $7.57. The cryptocurrency remains highly sensitive to market swings, significantly below its all-time high of $20.44. The past days have marked a 6% fall in trading volume, reflecting a minor decline in circulating supply and continuous market unpredictability, even though NEAR maintains a position within the top twenty cryptocurrencies by market cap.

BlockDAG’s Keynote 2 Unleashes Groundbreaking Innovations

BlockDAG’s recent lunar-themed Keynote 2 was a massive hit, quickly generating $3 million overnight from a surge in coin purchases. The presentation showcased BlockDAG’s pioneering DAG-based PoW consensus algorithm, celebrated for its exceptional speed, scalability, and security. Additionally, it introduced an intuitive low-code/no-code platform that simplifies blockchain development for all users, complemented by strategic marketing that has brought BlockDAG global recognition.

The keynote also spotlighted BlockDAG’s vigorous presale activity, hinting at potential daily earnings soon reaching $5 million and previewing a highly anticipated mainnet launch slated within the next four months. Post-launch, the valuation of BDAG is expected to soar to $1 each.

BlockDAG’s Dev Releases continue to provide deep insights into its ongoing improvements, covering everything from DAG implementation and the PoW consensus to enhancements in the Blockchain Explorer and the X1 mining app. The latest updates have resolved issues related to connectivity and user interface glitches in the X1 app, greatly enhancing mining effectiveness. The Blockchain Explorer has completed its design phase, enabling advanced data visualization of BlockDAG’s blockchain operations.

These developments aim to amplify network functionality and user experience, solidifying BlockDAG’s stature in the cryptocurrency market. With unprecedented presale success and leading-edge technology, BlockDAG is superbly positioned for exceptional growth, offering investors a chance for a 30,000x ROI.

Summary

Amid the challenges faced by LINK and the ongoing instability of NEAR Protocol, BlockDAG emerges as a pillar of innovation and potential profitability within the cryptocurrency landscape. Following its dynamic Keynote 2, BlockDAG has attracted significant institutional investments, establishing itself as a major contender in the crypto race. With a current presale price of $0.0122 in its 18th batch, BlockDAG has raised over $51.1 million, selling more than 11.6 billion BDAG coins, and proving its dominant and appealing market position.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

More articles
Gregory Pudovsky
Gregory Pudovsky

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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