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Blockchain Reporter

06/15/2024

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BlockDAG Keynote 2 Dazzles; ADA and SHIB Markets Stirred

Recently, Cardano (ADA) has seen a surge in large-scale transactions, which temporarily lifted its price. In a similar vein, Shiba Inu’s price soared by 10% following substantial purchases by a whale. Amid...

BlockDAG Keynote 2 Dazzles; ADA and SHIB Markets Stirred

Recently, Cardano (ADA) has seen a surge in large-scale transactions, which temporarily lifted its price. In a similar vein, Shiba Inu’s price soared by 10% following substantial purchases by a whale. Amid these fluctuations, BlockDAG has been gaining traction, especially after its latest Keynote 2.

This presentation, critiqued by well-known crypto influencer Nitrous Oxide, showcased several technological breakthroughs. These innovations have skyrocketed BlockDAG’s presale figures and sparked projections of up to a 30,000x return on investment. As of now, with Batch 18 priced at $0.0122, BlockDAG has achieved an impressive 1120% rise from its initial batch.

Cardano’s Whale-Driven Price Spike 

Cardano recently saw an uptick in whale transactions, leading to a momentary price rise during the trading day. Nonetheless, ADA’s price settled at $0.46 by day’s end, later slipping to $0.45. Market tools like the Relative Strength Index (RSI) and Money Flow Index (MFI) indicate a strong selling pressure over ADA. Despite the market’s bearish mood, future traders hold a hopeful perspective, bolstered by positive funding rates noted across various exchanges.

Shiba Inu’s Price Leap: Fueled by Significant Whale Activity 

A major whale acquisition led to a 10% increase in Shiba Inu’s price, spurred by an early investor returning to the market after reaping substantial prior gains from SHIB. This significant buy not only lifted SHIB’s market price but also reignited investor enthusiasm. The market is currently witnessing a rise in whale transactions, pointing to a bullish sentiment and potential further escalations in SHIB’s price. Presently, SHIB trades at $0.00002612, benefiting from these recent optimistic developments.

BlockDAG’s Keynote 2 Earns Acclaim from Crypto Experts 

BlockDAG’s recent Keynote 2, presented with an inventive ‘from the moon’ motif, has ignited significant buzz among cryptocurrency enthusiasts. Analysts from the Web 3 Revolution YouTube channel have lauded the event, especially applauding the reveal of the X1 mining app by the host, Nitrous Oxide. This celestial-themed presentation not only captured the audience’s imagination but also underscored BlockDAG’s flair for innovation. The keynote covered significant advancements, including the X1 Miner app, which simplifies cryptocurrency mining on mobile devices, broadening its appeal.

Discussion also turned to BlockDAG’s sophisticated layer-one blockchain technology, modeled after Bitcoin and Kaspa. This setup is acclaimed for its fast transaction speeds, robust security, and high decentralization. 

The integration of a hybrid Proof-of-Work and Directed Acyclic Graph (DAG) consensus mechanism enables simultaneous confirmation of multiple transactions, boosting scalability and facilitating 10,000-15,000 transactions per second. This advanced technology distinguishes BlockDAG from traditional blockchain platforms, enhancing performance and efficiency.

Additionally, the beta release of the X1 Miner app on Android and iOS marks a pivotal development for BlockDAG, providing a seamless mining experience on mobile devices. The app features comprehensive design and functionality, including wireframe and UI design, user onboarding, and presale operations, showcasing BlockDAG’s forward-thinking capabilities. 

The ongoing presale has been robust, with Batch 18 pricing at $0.0122, reflecting an 1120% increase from the initial batch. To date, BlockDAG has amassed $50.6 million and issued over 11.4 billion BDAG coins, with $3.2 million derived from miner sales.

Is BlockDAG Poised to Compete with Cardano and Shiba Inu? 

While Cardano’s recent whale activity and the surge in Shiba Inu’s price underscore their market dynamics, BlockDAG’s cutting-edge technology and the endorsement of key influencers position it as a strong contender in the crypto realm. The X1 Miner app exemplifies BlockDAG’s innovative approach to mobile cryptocurrency mining, offering an efficient and user-friendly solution.

BlockDAG’s presale has impressively amassed $50.6 million, fueled by significant technological breakthroughs, prompting analysts to project a 30,000x ROI. As Batch 18 launches at $0.0122, BlockDAG is poised to outpace its rivals and dominate the decentralized digital realm. 

Invest in the BlockDAG Presale Now:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu

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