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CEO Reveals the Tech Behind BlockDAG's 1,680% Price Surge

Aug 23, 2024 am 06:08 AM
Ethereum BlockDAG Toncoin Fees Unique Holders Technological Strength

When BlockDAG unveiled its latest team video, over 120,000 members were given a privileged glimpse into the technology securing their trust.

CEO Reveals the Tech Behind BlockDAG's 1,680% Price Surge

Cryptocurrency is a rapidly evolving landscape, with new options emerging and disappearing frequently. To navigate this volatility and identify promising opportunities, considering factors such as trust and transparency is crucial. Among the rising projects that embody these principles is BlockDAG.

Having commenced its presale just a few months ago, BlockDAG has already garnered the trust of over 120,000 members. These early participants have witnessed a remarkable 1,680% increase in their stakes. In a recent video, BlockDAG's CEO, Antony Turner, highlights the technology that has positioned BlockDAG as a market front-runner.

Meanwhile, Toncoin's price has surged by 7%, and Ethereum's gas fees have hit a five-year low.

Toncoin Price Soars 7% — Is a Market Adjustment Looming?

Toncoin's price has recently soared by 7%. The trading volume for Toncoin also surged by 143%, boosting its market value and ranking it as the 9th largest cryptocurrency.

The Directional Movement Index indicates strong upward momentum, yet caution is advised. The Relative Strength Index is balanced at 55.58, suggesting the market could swing either way. Traders should monitor trading volumes and the DMI closely, as a decrease or shift could signal an upcoming price correction.

Ethereum Gas Fees Hit Five-Year Low: $0.13

Ethereum's gas fees have plummeted to an average of just $0.13 — the lowest in five years, thanks to network upgrades and enhanced activity on faster layers.

While users benefit from lower fees, there's a drawback: fewer ETH are being burned, slightly increasing the available supply of ETH. Since April, approximately 223,000 more ETH have been introduced to the market, adding around $591 million in value. Although Ethereum's supply grows slower than Bitcoin's, this increased supply could dampen ETH price increases in the near term.

CEO Reveals the Tech Behind BlockDAG's 1,680% Price Surge

When BlockDAG unveiled its latest team video, over 120,000 members were given a privileged glimpse into the technology securing their trust.

Within just a few months, BlockDAG has generated more than $67.4 million in presale funds, with 22 of its 45 batches completely sold out. Since the launch, the value of its coin has skyrocketed by a staggering 1,680%.

In the video, BlockDAG's CEO, Antony Turner, unpacks

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