Stories and Reviews
December 10, 2024

With $5.8M Earned and 270K App Users, BlockDAG Mining Challenges Polygon and TRON’s Market Waves 

The cryptocurrency scene remains vibrant, with Polygon’s steady price increase capturing eyes as it climbs, despite broader market hesitations, and TRON reaching new peaks spurred by substantial financial backing.

Despite these fluctuations highlighting profits from the current market uptrend, BlockDAG (BDAG) shines through with its enduring growth model and resilience against market shifts. The network has impressively sold over 14,000 miners, while its total presale revenue has reached a staggering $160 million. Furthermore, the X1 Miner App from BlockDAG, facilitating the mining of BDAG coins directly via smartphones, has amassed over 270,000 active users. 

With $5.8M Earned and 270K App Users, BlockDAG Mining Challenges Polygon and TRON’s Market Waves 

Read on to uncover valuable insights about the market movements and growth prospects of these three prominent crypto coins. 

Polygon’s Price Climbs: A 3.6% Jump Amid Uncertainty 

The upward journey of Polygon continues to draw interest as POL rose 3.6% on Wednesday, priced at $0.726. Despite Bitcoin’s price stability, Polygon’s ascent is fueled by robust market dynamics.

Yet, uncertainties loom after a significant transfer of 8.68 million POL tokens, worth $6.19 million, to the FalconX platform from a Polygon Foundation wallet. Analysts warn of a potential drop to $0.6 if selling intensifies. Currently, the token stands strong above crucial exponential moving averages, with the rising channel pattern suggesting further growth, keeping Polygon’s rise in the spotlight.

Tron’s Latest Achievements: Historic Peaks 

Tron’s news is creating buzz as TRX, the native token of the Tron blockchain, soars to a historic high, reaching $0.45 and nearly achieving a $39 billion market cap. This doubling in price has propelled Tron into the top ten cryptocurrencies, just behind USD Coin.

With $5.8M Earned and 270K App Users, BlockDAG Mining Challenges Polygon and TRON’s Market Waves 

A 10% correction brought TRX to $0.40, yet it still maintains record levels. This surge is driven by founder Justin Sun’s audacious $30 million investment in Donald Trump’s crypto project, World Liberty Financial, enhancing investor confidence despite Sun’s regulatory challenges, keeping Tron at the forefront of the market.

BlockDAG’s Mining Triumph: 14K Miners and 270K App Users! 

BlockDAG is cementing its status as the top mining choice in the crypto world, capturing attention with its remarkable growth. Having sold over 14,000 miners and earned more than $5.8 million from miner sales, the network demonstrates a robust ecosystem built for sustained profitability and growth. These figures are not just milestones; they showcase the network’s ability to offer rewarding opportunities to its community of miners.

At the heart of BlockDAG’s booming mining scene is the X1 Miner App, a mobile application that democratizes cryptocurrency mining while fostering community collaboration. With features that allow daily mining of up to 20 BDAG coins and the chance to enhance earnings through referrals, the app extends beyond solo mining efforts.

With $5.8M Earned and 270K App Users, BlockDAG Mining Challenges Polygon and TRON’s Market Waves 

A community-centric approach encourages joint participation, fostering an environment where active miners enhance productivity collectively. Today, with over 270,000 engaged users, the X1 Miner exemplifies the growing appeal of BlockDAG’s vision.

BlockDAG also relentlessly pursues advancements with continuous mining upgrades. The recent transition from SHA-256 to the Keccak-256 algorithm bolsters mining security and efficiency, catering to the needs of an expanding network.

This blend of ongoing enhancements and a leading mining ecosystem positions BlockDAG as one of the most favored crypto coins today. To date, the platform has raised over $160 million in presale revenue from the sale of more than 16.8 billion coins. The BDAG coin’s price has also surged by an impressive 2240% since its first presale batch. Now priced at $0.0234 per coin in batch 26, BDAG is projected to reach $1 by 2025.

Which Crypto Promises Sustainable Long-Term Growth? 

The crypto landscape showcases a mixture of swift rallies and strategic progressions. Polygon’s consistent rise reflects its resilience amid market challenges, while Tron’s headlines feature historic highs driven by high-profile investments.

However, BlockDAG distinguishes itself as a beacon of long-term growth and innovation. With nearly 14,000 miners sold and $5.7 million in revenue, it solidifies its leadership in the mining sector.

This success has bolstered a vibrant community, with over 270,000 users of the X1 Miner app, demonstrating its capacity to surpass fleeting market trends with durable, community-led growth.

With $5.8M Earned and 270K App Users, BlockDAG Mining Challenges Polygon and TRON’s Market Waves 

Presale: https://purchase.blockdag.network

Website: https://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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