As Chainlink (LINK) sees a decline in trading volumes and NEAR Protocol achieves only a modest 4.12% increase, BlockDAG has become the focal point with its electrifying Moon-themed Keynote 2. This pivotal event catapulted BDAG’s value, marking an impressive 1120% rise from its first to its eighteenth batch, and igniting significant excitement around its offerings. Further fueled by a sequence of detailed Development Releases, BlockDAG is poised on a path that could potentially yield returns up to 30,000x.
Chainlink Encounters Market Headwinds
Currently, Chainlink is navigating through tough times, having dropped below the vital 50-day exponential moving average (EMA), a key resistance in the past. From a high of $19 in June, LINK has been in correction mode and now hovers between the 50 and 100 EMAs. Despite a slight uptick in active addresses, there’s a looming possibility that LINK might fall below $18. Yet, should Bitcoin continue its upward trajectory, LINK could potentially rebound to between $20 and $22.
NEAR Protocol’s Subtle Gains Amid Volatility
NEAR Protocol has recently faced a minor setback with a 1% drop last week, although it managed a 4.12% rise overall, now valued at $7.57. The cryptocurrency is still vulnerable to sharp fluctuations, significantly off its peak of $20.44. A recent 6% drop in trading volume points to a small decrease in available supply, indicating ongoing market uncertainty despite NEAR holding a position within the top twenty by market cap.
BlockDAG’s Keynote 2: A Showcase of Major Innovations
BlockDAG’s latest Keynote 2 centered on a lunar theme was an overnight sensation, rapidly amassing $3 million due to an enthusiastic response to the coin purchases. The keynote emphasized BlockDAG’s cutting-edge DAG-based PoW consensus algorithm, noted for its superior speed, scalability, and security capabilities. It also introduced an accessible low-code/no-code platform, enabling even non-technical users to embark on blockchain projects, combined with strategic marketing that positioned BlockDAG prominently on the global stage.
In addition, the keynote highlighted BlockDAG’s robust presale performance, suggesting the potential for daily earnings of $5 million shortly and teased an eagerly awaited mainnet launch set for the next four months. Following this launch, BDAG’s valuation might skyrocket to $1 per coin.
BlockDAG’s ongoing Dev Releases provide exhaustive insights into its continuous enhancements, from DAG implementation and PoW consensus updates to upgrades in the Blockchain Explorer and X1 mining app. Recent enhancements have rectified connectivity and user interface challenges in the X1 app, significantly optimizing mining efficiency. The completed design phase of the Blockchain Explorer now enables intricate data visualization of BlockDAG’s blockchain.
These advances are designed to boost network functionality and enrich user experiences, reinforcing BlockDAG’s position in the cryptocurrency market. With its record-breaking presale success and state-of-the-art technology, BlockDAG is ideally positioned for remarkable growth, offering investors a prospect of a 30,000x ROI.
In Conclusion
Amidst the struggles of LINK and the instability of NEAR Protocol, BlockDAG stands out as a beacon of innovation and potential profitability in the cryptocurrency realm. Following its spectacular Keynote 2, BlockDAG has drawn considerable institutional investment, establishing itself as a prominent player in the crypto race. Currently offered at $0.0122 in its eighteenth presale batch, BlockDAG has successfully raised over $50.4 million by selling more than 11.5 billion BDAG coins, confirming its influential presence and wide appeal.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu