Amid the frenetic pace and electrifying developments in the cryptocurrency arena, BlockDAG has clinched a remarkable $58.3 million in its latest presale, spotlighting the X1 Miner App now featured on the Apple Store. With an eco-friendly mining solution and over 8,800 units sold, BlockDAG shines with its user-friendly technology at a time when Hedera (HBAR) sees a 31% price drop and Cronos (CRO) preps for a crucial mainnet update.
HBAR Faces Market Challenges with Steep Decline
This past week, Hedera (HBAR) witnessed a sharp 31% fall in its price, now trading at $0.069 and teetering on the edge of an eight-month low at $0.057. The market sentiment is bearish, as indicated by the Aroon Indicator with a 100% Aroon Down Line, showing a dominance of sellers.
Furthermore, a 27% decrease in futures open interest over the past month suggests a cooling interest in HBAR’s market prospects, compounded by a negative Chaikin Money Flow (CMF) value, leading analysts to anticipate further losses.
CRO’s Mainnet V1.3 Upgrade Set to Enhance Network
Cronos is on the brink of significant advancements with its upcoming Mainnet V1.3 upgrade, scheduled at a block height of 14,920,000. This update is expected to improve backward compatibility and Remote Procedure Call (RPC) functionalities, aiming to boost the network’s performance and reliability.
The upgrade process will cause about 60 minutes of downtime, affecting various services like public RPCs, Explorer, and the Cronos bridge, necessitating node operators to upgrade their software to version v1.3.0 to maintain chain synchronization.
BlockDAG’s X1 Miner App Launches with Fanfare
BlockDAG has made significant inroads in the crypto market with its X1 Miner App, now available on the Apple Store. The app offers a simplified mining experience and enhances user interaction, making it an instant hit among digital asset enthusiasts. With a straightforward phone number registration, the app allows users to quickly dive into mining, potentially earning up to 20 BDAG coins daily.
This potential is further maximized through a referral system that enhances hourly earnings by inviting new users and fostering a thriving community of miners.
BlockDAG not only focuses on ease of use but also prioritizes environmental sustainability. About 53% of its mining energy comes from sustainable sources, showcasing its commitment to eco-friendly crypto mining practices. This initiative aligns with global sustainability goals and offers a greener alternative to conventional mining processes.
The project’s impressive presale phase garnered $58.3 million from selling 12.2 billion BDAG coins across 20 batches, reflecting a 1400% price increase from the initial presale price of $0.001 to $0.015. Additionally, $3.7 million was raised from selling 9,100 mining rigs, highlighting its strong market presence.
Concluding Thoughts
BlockDAG’s X1 Miner App is more than just a mining tool; it represents a shift towards more sustainable, efficient, and community-oriented crypto practices. With its intuitive design, environmentally conscious mining, and substantial presale achievements, BlockDAG is redefining standards in the crypto-mining industry.
As HBAR grapples with market downturns and CRO gears up for its upgrade, BlockDAG’s innovative solutions and strong ecosystem offer a promising investment avenue in the dynamic crypto space. The substantial $58.3 million raised in the presale underscores its potential as a standout choice for crypto investors.
Join BlockDAG Presale Now:
- Website: https://blockdag.network
- Presale: https://purchase.blockdag.network
- Telegram: https://t.me/blockDAGnetworkOfficial
- Discord: https://discord.gg/Q7BxghMVyu
