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Cardano Ecosystem

Blockchain Reporter

09/20/2024

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BDAG’s AMA Reveals Big Mining Rewards, ADA & ATOM News

Cardano (ADA) has shown some growth in various areas last month, even though the overall market slump has impacted its price. Right now, it’s hard to say exactly where Cardano is headed. On the other hand,...

BDAG’s AMA Reveals Big Mining Rewards, ADA & ATOM News

Cardano (ADA) has shown some growth in various areas last month, even though the overall market slump has impacted its price. Right now, it’s hard to say exactly where Cardano is headed. On the other hand, the Cosmos Ecosystem’s ATOM is going through a tough time, with its price down nearly 80% from its high in 2024.

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In more positive news, BlockDAG is doing really well. The network has hit some major goals lately, including a massive $73.5 million in presale funds and a 1680% jump in the value of its coin. The latest AMA session shared some promising tips on how to get big rewards. Those who are paying attention might have the chance to earn an incredible 30,000x ROI.

Cardano Sees Growth Despite Market Downturn

In August, Cardano (ADA) experienced notable growth in several key areas, suggesting a positive future. This growth aligned with the successful implementation of the Chang upgrade on September 1. Even with the overall market down, more people were using and investing in Cardano. Smart contract transactions, for instance, increased by 31%, and metadata transactions grew by 20%, although simpler transactions decreased by 49%.

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Cardano processed 95.9 million transactions in August, marking a 1.51% increase. Charles Hoskinson, the founder of Cardano, mentioned a “90-day bootstrap phase” that will bring significant governance changes. While ADA’s price recently climbed nearly 3% to $0.344, it still ended the month with a slight decline of 1%.

Cosmos Faces Challenges, But Hope Remains

The price of ATOM has fallen dramatically, affecting the entire Cosmos ecosystem, with its value dropping from a 2024 high of $14.19 to just $3.92—a nearly 80% decrease. Despite these challenges, there’s hope. The upcoming launch of Cosmos’s Interchain is expected to improve how different blockchain networks work together, linking networks like Cosmos Hub, Celestia, dYdX, and Injective.

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The ATOM token plays a key role in the Cosmos ecosystem, helping to secure the network and motivate developers. Cosmos, which has the fourth-largest developer community, still has potential. However, buyers may find more profitable opportunities in projects built on the Cosmos network, as ATOM tends to benefit developers more than direct buyers.

BlockDAG AMA Update: Huge Potential Returns for Miners

During a recent BlockDAG AMA, miners got some great insights on how to secure big rewards from the network. BlockDAG’s ongoing presale has already raised a whopping $73.5 million, making it one of the biggest in the history of crypto. This conversation pointed out how rare this opportunity is.

Right now, BlockDAG’s coin is priced at $0.0178, and it has seen an incredible 1680% increase in value since it started. With the network growing so fast, the goal of hitting $1 by 2025 might come even sooner. Miners looking to make the most out of this should act quickly.

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The AMA also shared that miners who hold onto their rewards could see even bigger benefits later on, like huge returns and special perks. Those who get in early might witness their purchases skyrocket, potentially earning a 30,000x ROI.

After these details were shared, there was a noticeable increase in big buyers, known as whales, getting involved in BlockDAG. This surge of whale activity shows just how promising the network is and why miners should jump in now if they want to strike it big in crypto.

This chance to earn significant rewards, along with BlockDAG’s successful presale, gives early miners a unique chance to benefit from what’s coming next.

Looking Ahead

In the competitive world of crypto, Cardano and Cosmos are each facing different challenges and opportunities. Cardano is growing steadily, showing improvements in its blockchain activities. Meanwhile, Cosmos is focusing on making its networks work better together, despite recent drops in price.

But with its impressive presale, a wave of big buyers, and the chance for a 30,000x ROI, BlockDAG is currently a standout in the crypto world. As the network continues to develop, early buyers could see their modest purchases turn into very valuable assets, especially if the price reaches $1 by 2025 as predicted. For those thinking about diving into BlockDAG, now might be the perfect time.

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Join BlockDAG Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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