The latest Cosmos news has shown a significant drop in social metrics over recent months, while the latest Render price predictions, despite a bear trend in the past month, foresee an upcoming bullish trajectory.
Within the realm of mobile mining, the BlockDAG X1 mining app is at the forefront of making the process accessible and rewarding. It eagerly anticipates the release of its beta version on June 1st.
Cosmos Crypto News: Sharp Decline in Social Metrics and Market Performance
Cosmos crypto news reveals a significant decline in social metrics across platforms like X, Instagram, and Telegram, underscoring decreased engagement and awareness. Social dominance for Cosmos plummeted from 2.14% on November 26 to just 0.277%, while social volume has stagnated at 458 since December 12.
This trend coincides with a weak performance in the crypto market, with trading volume and price both seeing sharp declines over the past two months.
The trading volume dropped from $739.4 million to $362.17 million, mirroring a price drop highlighting the bearish momentum, evidenced by a death cross between the 50-day and 200-day EMA. Currently, ATOM’s price stands at $8.332, with a monthly decline of 32.22%. Further declines are likely if it breaches the crucial support level at $6.00. Cosmos might consider implementing strategies to boost engagement and visibility within the crypto community to counteract these trends.
Render Price Prediction: Potential Rebound
Render (RNDR) token, focusing on decentralized storage, faced a sharp bear trend last month, dropping below $11 and recording a 27% loss. Despite bullish signals, Render’s current trading range is between $8.08 and $8.22, after peaking at $9.52 last week.
From its all-time high of $13 in January, Render’s weekly gains are modest at 1.47%. However, there’s optimism for a rebound, with a Render price prediction aiming to push the price above $10 by the end of April, positioning it as a top crypto coin for buyers to monitor in May.
BlockDAG Set to Launch Beta Version of X1 Mining App on June 1st, 2024
BlockDAG offers a range of mining solutions to suit all levels of expertise, from the easy-to-use X1 mining app to more advanced setups like the X10, X30, and X100 rigs. The revolutionary X1 mining app, available for download on the Google Play Store and Apple App Store, enables users to mine up to 20 BDAG coins daily.
Despite its minimal 50 MB size, it is designed to be energy and data-efficient, allowing users to earn more than $1 daily at launch price without significant battery drain or data consumption. This makes cryptocurrency mining accessible and rewarding for everyone.
Moreover, the beta version of BlockDAG’s X1 mining app is set to launch on June 1st, 2024, for iOS and Android. It allows crypto miners to easily boost their mining rate by tapping the lightning button every 24 hours. The app boasts a user-friendly interface, straightforward sign-up, and a referral system to increase mining rates. Additionally, a transparent ranking system monitors users’ progress and unlocks new benefits as they advance.
Final Say
As Render price predictions anticipate a bullish rebound soon, it remains uncertain whether Cosmos crypto news will reveal an improvement in its metrics in the near future.
Meanwhile, BlockDAG’s popularity continues to soar, highlighted by its progression to the 10th presale phase. The project has garnered over $23 million from the sale of more than 8.5 billion coins, along with an additional $2.4 million from selling 5266 mining devices. With this sustained interest and a projected 30,000x ROI potential, analysts regard BlockDAG as one of the best cryptocurrencies to buy by May 2024.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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