BlockDAG Soars with $58.3M Presale Success, Spotlighting its X1 Miner App

As the crypto world teems with developments, BlockDAG has soared with a stunning $58.3 million from its recent presale, spotlighting its X1 Miner App

BlockDAG has soared with a stunning $58.3 million from its recent presale, putting the spotlight on its X1 Miner App, now a hit on the Apple Store.

Amid Hedera’s (HBAR) 31% price fall and Cronos’s (CRO) vital mainnet upgrade, BlockDAG shines with its user-friendly and green mining solution. Over 9,100 miner units have been sold, proving its appeal. Notably, 53% of BlockDAG’s mining energy comes from renewable sources, marking it as an eco-conscious choice among emerging crypto coins.

HBAR’s Market Woes Deepen

This week, Hedera (HBAR) experienced a significant price drop of 31%, bringing its current value down to a precarious $0.069. This sharp decline places HBAR dangerously close to an eight-month low of $0.057, raising concerns among investors.

The strong bearish sentiment in the market is evident, as indicated by the Aroon Down Line being at 100%, which clearly shows that sellers have taken full control.

Moreover, the decline in HBAR’s futures open interest by 27% over the past month highlights a waning interest among traders in its derivatives market. This reduced activity signals a lack of confidence in HBAR’s near-term performance. Additionally, the negative Chaikin Money Flow (CMF) value further suggests that the market is leaning towards more selling pressure, pointing to the likelihood of continued price declines.

CRO Prepares for Major Network Upgrade

Cronos is on the cusp of enhancing its network with the Mainnet V1.3 upgrade, targeted for block height 14,920,000. This upgrade is set to bolster backward compatibility and Remote Procedure Call (RPC) functionalities, aiming to elevate network performance and reliability. Expected downtime is about 60 minutes, impacting services like public RPCs, Explorer, and the Cronos bridge, requiring node operators to adopt the new software version, v1.3.0, to keep pace with the chain.

Spotlight on BlockDAG’s X1 Miner App

BlockDAG’s leap in the crypto sphere is vivid with the introduction of their X1 Miner App, now accessible on the Apple Store. This app revolutionizes mining with its straightforward design and powerful features, fostering significant growth in BlockDAG’s mining efforts.

Furthermore, it offers easy entry through phone number registration and the potential to earn up to 20 BDAG coins daily. The app’s robust referral system encourages community growth by boosting miners’ earnings for every new user they bring on board.

BlockDAG’s dedication to sustainability is evident as it utilizes about 53% renewable energy in its operations, aligning with global goals for a cleaner mining process. This green initiative minimizes the environmental impact typically associated with crypto mining.

The presale results for BlockDAG have been highly impressive, with $58.3 million amassed from the sale of 12.2 billion BDAG coins across 20 batches. Each coin is currently priced at $0.015, reflecting a dramatic 1400% price increase from the initial batch price.

Additionally, BlockDAG has generated $3.7 million from the sale of 9,100 mining rigs, underscoring its significant market success.

Concluding Insights

BlockDAG’s X1 Miner App is not merely a mining tool; it is a gateway to sustainable, effective, and community-centric crypto practices. With its user-friendly interface, environmentally friendly operations, and significant presale success, BlockDAG redefines the crypto-mining industry standards.

As HBAR navigates through a bearish market and CRO gears up for its upgrade, BlockDAG’s innovative solutions and solid mining ecosystem offer a valuable investment opportunity. The remarkable presale, securing $58.3 million, highlights its potential as a top investment choice in the vibrant crypto space.

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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