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Cardano Ecosystem

Blockchain Reporter

04/13/2024

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BlockDAG Sells 4.5K Rigs Amid Cardano Blockchain & Litecoin Price Updates

At a critical time, just before BTC halves, the Litecoin price is experiencing no support from its investors while LTC experiences key technological innovations. While Cardano Blockchain distinguishes itself...

BlockDAG Sells 4.5K Rigs Amid Cardano Blockchain & Litecoin Price Updates

At a critical time, just before BTC halves, the Litecoin price is experiencing no support from its investors while LTC experiences key technological innovations. While Cardano Blockchain distinguishes itself by embracing a scientifically grounded development approach, integrating the latest research discoveries to establish a robust foundation. 

BlockDAG dominates the mining industry, having sold over 4.5 thousand mining rigs, making over $2.1M in total miner sales. Furthermore, BlockDAG’s batch 8 has amassed an impressive $16.3M in presale earnings, spurred by celebrating its technical whitepaper at the Las Vegas Sphere. With a projected ROI of 30,000x, it solidifies its position as the emerging top crypto to buy. 

Cardano Blockchain: Empowering DApp and Smart Contract Innovation

The Cardano Blockchain distinguishes itself by embracing a scientifically grounded development approach, integrating the latest research discoveries to establish a robust foundation. Cardano aims to foster an ecosystem that empowers developers to construct decentralised applications (DApps) and smart contracts atop a transparent and equitable financial infrastructure facilitated by accessible tools.

Introducing new products continuously enhances the blockchain’s functionality, security, and scalability. The most recent upgrades include the Alonzo Hard Fork, Shelley Upgrade, Voltaire Governance Structure, and Basho Upgrade. These updates are strategically rolled out to communicate significant technological advancements facilitated by the Cardano blockchain. 

With these technological leaps, Cardano is very well poised to develop quite strongly among the best competitors in the blockchain ecosystem. Alonzo’s hard fork, Shelley’s upgrade to a democratic governance model, Voltaire’s scaling up, and Basho’s scaling up are some of the remarkable elements that set Cardano among the projects about scalability.

Litecoin’s Bullish Momentum Wanes Amid Investor Caution and Losses

Litecoin has experienced a bullish trend over the past fortnight, though this trajectory may soon shift. Even LTC holders appear cautious presently. The primary reason behind this sentiment is the significant single-day losses observed since June 2023. These recent losses are seen as an initial indication of potential selling pressure. To mitigate their losses, investors may opt to sell their assets, leading to a decline in Litecoin’s price. 

The Litecoin price movement suggests a weakening bullish trend within a rising wedge pattern, typically indicating an upcoming price reversal with potential downward momentum. According to the pattern’s projected target, Litecoin could undergo a correction of approximately 30.77% in the coming days, potentially reaching $69. The consistent decrease in trading volume further reinforces this bearish outlook. 

BlockDAG: Mining Mastery and 20,000x ROI 

BlockDAG has achieved impressive success in its presale, raising $16.3 million and selling over 7.3 billion BDAG coins. Still, it has also made significant advancements in the ASIC crypto mining sector, selling out over 4.5 thousand X Series Mining Rigs rapidly. This accomplishment underscores BlockDAG’s prominent position in the ASIC crypto mining arena, offering an innovative approach to mining through the X1 app. 

This application facilitates decentralised mining on smartphones, providing an environmentally friendly method for earning passive income. BlockDAG’s unveiling of state-of-the-art mining rigs via its Keynote video, capable of both home- and industrial-scale mining, cements its status as a leading mining platform. Miners have the potential to accumulate up to 2,000 coins daily, which is equal to $100 at launch, so BlockDAG advocates for inclusivity and financial empowerment. 

This strategy not only encourages newcomers to enter the crypto-mining world but also provides a passive income opportunity for users as they carry out their daily activities. Home Mining, supported by the BlockDAG x10, x30, and x100 machines, caters to miners of different experience levels. The focus on user-friendly interfaces, energy efficiency, and reward systems highlights BlockDAG’s dedication to inclusivity and simplicity, making it appealing to many users. 

The Last Say 

With the introduction of new and innovative upgrades to the Cardano Blockchain, Litecoin’s price could be significantly corrected. BlockDAG is the top choice for investors, amassing over $16.3M in the eighth phase of its presale, boasting a robust 30,000x ROI and solidifying its status as the premier cryptocurrency investment.

Its pioneering approach to ASIC crypto mining, evidenced by the rapid sale of its X Series Mining Rigs and the innovative X1 app, sets it apart from competitors and epitomises a vision of inclusivity and financial empowerment.

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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