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Breaking News: Tennessee Plans Strategic Bitcoin Reserve Allocating Up To 10% Of State Funds
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Breaking News: Tennessee Plans Strategic Bitcoin Reserve Allocating Up To 10% Of State Funds

BlockDAG Hits $5M in Miner Sales While Litecoin Prediction Signals Bearish Run & ETH Price Drops

Bitcoinist
by Bitcoinist
Last Updated: October 15, 2024 8:15 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Big moves in the crypto world are often driven by market shifts, where fear and excitement play a huge role in how people invest.

As Litecoin whales accumulate assets, uncertainty clouds its future, with many wondering if recent price jumps can hold. On the flip side, Ethereum’s recent 2% price drop, triggered by a massive sell-off from China, has left investors on edge.

While these coins navigate market volatility, BlockDAG has quietly crossed a major milestone, surpassing $5M in miner sales by 13,011 mining devices sold.

Its easy-to-use mining solutions make crypto mining accessible for all, from beginners to pros. This shift has sparked immense interest, positioning BlockDAG as a standout pick among the top crypto assets.

Litecoin Prediction: Will its 15% Rally Lead to Long-Term Gains?

Litecoin (LTC) has experienced a small rally recently, jumping by 15%. However, investors remain cautious, as Litecoin is still far from its previous highs of over $400. The coin trades about 6% below its 200-day simple moving average (SMA), pointing to a potential bearish trend. While some believe this is just a temporary dip, 19% of the community doubts Litecoin will recover anytime.

Despite these concerns, Litecoin continues to play an important role in transactions. However, with Litecoin’s struggles, it’s unclear if the current price increase will lead to any significant long-term gains for investors.

ETH Price Drops 2% Decline Amid Sell-Off Fears

Ethereum (ETH) has faced increased selling pressure in recent weeks. The Chinese government’s decision to sell off over 542,000 Ether seized from the infamous Plustoken Ponzi scheme has shaken investor confidence.

As a result, ETH’s price dropped 2% within 24 hours, now hovering around $2,394. This decline has raised concerns about a broader sell-off as the government continues to liquidate its holdings.

Adding to the pressure, institutional demand for Ethereum has weakened, with over $561 million in net cash outflows from Ethereum-based exchange-traded funds (ETFs) in recent months.

Mining Revolution – BlockDAG Smashes $5M in Miner Sales!

BlockDAG has shattered expectations by crossing the $5 million mark in miner sales by selling over 13,011 mining devices. This impressive achievement shows the platform’s success in making crypto mining accessible to all, regardless of experience.

It has broken the barriers that once kept crypto mining in the hands of a few, inviting everyone to join its growing community of miners. Its mining solution includes using a user-friendly X1 mobile mining app and powerful home mining machines like the X10, X30, and X100 have made mining seamless, efficient, and more rewarding than ever.

Its intuitive app allows users to mine up to 20 BDAG coins daily, creating an effortless way to earn. For experienced miners, the X100 miner with a 2 TH/s hash rate can generate up to 2,000 BDAG coins daily, giving users substantial earning potential right from home.

Besides the mining revolution, it has raised over $97 million by selling over 14.2 billion BDAG coins. With over 140,000 unique holders already on the board, BlockDAG is expanding its global reach.

Early supporters have already witnessed an impressive 1960% increase in their funds, as BDAG coin prices soared from $0.001 in the initial batch to $0.0206 in the current batch.

With each presale batch selling out quickly, BDAG’s price continues to climb, presenting a unique opportunity for miners. As the current batch nears sellout, another price surge is expected, increasing the profitability for miners who secure their BDAG holdings now.

By getting involved at this stage, miners can maximise their returns as demand and prices rise, positioning themselves for substantial rewards before prices potentially move beyond reach.

Top Crypto Assets

While Litecoin struggles to maintain its upward trend and Ethereum faces significant price drops due to external factors, BlockDAG continues to shine with its groundbreaking mining solutions. By crossing the $5M mark in miner sales and offering one of the most accessible mining platforms, BlockDAG sets itself apart from other top crypto assets.

The rapid growth in its presale and increasing demand for BDAG coins present a prime opportunity for miners. By joining now at lower prices, miners can capitalise on BlockDAG’s increasing value and benefit from early participation, reaping significant rewards as the network expands.

Join BlockDAG – Act Now Before Prices Increase:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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