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Blockchain Reporter

05/04/2024

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BDAG’s X1 Mining App Launch | Cardano News | Optimism Price

In the latest Cardano (ADA) news, the coin is seeing a surge in investor activity, yet the project grapples with significant technical challenges, while a rise in Optimism price has triggered Ethereum layer 2...

BDAG’s X1 Mining App Launch | Cardano News | Optimism Price

In the latest Cardano (ADA) news, the coin is seeing a surge in investor activity, yet the project grapples with significant technical challenges, while a rise in Optimism price has triggered Ethereum layer 2 resurgence. On the other hand, BlockDAG (BDAG) is preparing to launch on June 1st, the beta version of its X1 mining app, promising additional enhancements to the platform. 

Catering to miners of all skill levels, BlockDAG, which has raised over $22.4 million in presale, offers a diverse range of options. This user-friendly X1 app miner is available on both Google Play and the App Store. This miner allows users to earn up to 20 BDAG coins daily without consuming excessive battery or data, thanks to its compact size of just 50 MB. 

Cardano (ADA) News: Surge in Transactions Amidst Investor Interest

The recent news surrounding Cardano has sparked investor attention, as ADA experienced a surge in transactions over $100,000, marking it the highest count in six months. Despite this, ADA’s market cap has plummeted by 43% since March 13, raising concerns. 

Technical analysis presents a mixed picture, with ADA breaking the lower uptrend boundary but facing a less optimistic short-term outlook. Currently priced at $0.43, ADA has seen losses of 5.48% in the last 24 hours and a significant 16.06% pullback in a week. Investors closely monitor ADA’s performance amidst broader market uncertainty.

Optimism Price Impact on Layer-2 Dynamics and Market Performance

Since the Dencun upgrade, Polygon’s fees dropped significantly, yet Optimism and Arbitrum fees are near zero: $0.129 for Polygon, $0.025 for Optimism, and $0.006 for Arbitrum – all lower than Ethereum’s $1.53. Surprisingly, despite Polygon’s higher fees, DEX volume is lowest there, with Base Protocol leading, Arbitrum second, Polygon third, and Optimism fourth.

Since March 2023, Arbitrum has outpaced Optimism in profit due to its native token, ARB. GMX is Arbitrum’s top revenue protocol, with Pendle leading TVL at $580 million. Velodrome dominates revenue in Optimism, with Synthetix second. OP and MATIC show bearish patterns, unlike ARB. OP has been the best performer since April 15, but ARB and MATIC may hit new lows before a bullish reversal.

Revolutionizing Crypto Mining: BlockDAG Introduces X1 Miner App 

BlockDAG’s popularity is skyrocketing, as evidenced by its advancement to the 10th presale phase. The project has amassed over $22.4 million through the sale of more than 8.4 billion coins – generating $2.3 million from the sale of 5222 mining devices. This surge in interest is projected to continue, as analysts predict an impressive 30,000x ROI potential, solidifying BlockDAG’s position as one of the top cryptos to buy in May 2024. 

Moreover, in terms of passive income, BlockDAG caters to miners of various expertise levels, providing a spectrum of options from the intuitive X1 mining app to sophisticated setups with the BlockDAG X10, X30, and X100 machines.

The revolutionary BlockDAG X1 miner redefines cryptocurrency mining, directly accessible from your smartphone via the Google Play Store and Apple App Store. With its compact 50 MB size, users can mine up to 20 BDAG coins daily without draining the battery or consuming excessive data. The X1 mining app offers a sustainable and rewarding approach to cryptocurrency mining for all users. 

The beta version of BlockDAG’s x1 mining app is launching on June 1st, 2024 for iOS and Android. Crypto miners can enhance their mining rate effortlessly by tapping the lightning button every 24 hours. The app boasts a user-friendly interface for both Android and iOS, featuring straightforward sign-up and a referral system for increased mining rates. Transparent ranks monitor users’ progress, unlocking new benefits as they advance.

Final Say

As Cardano news captures the spotlight, investors find themselves in the middle of a captivating contradiction. Simultaneously, there’s a compelling paradox in Optimism’s price movements, where it ranks the fourth-highest DEX volume, although its transaction fees have hovered around zero following the Dencun upgrade.

However, the newest entrant BlockDAG is making significant strides, leading the way in presale and mobile mining as it prepares for the X1 beta version launch on June 1st. With an impressive $22.4 million already raised in presales and a potential 30,000x ROI, it’s firmly securing its position among the top cryptos to buy in 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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