BlockDAG recently released its Keynote 2, delivering critical updates on blockchain and DAG technology while announcing significant developments in its presale. The cryptocurrency presale has progressed rapidly, reaching Batch 16, priced at $0.0095, and raising over $41.9 million from selling over 10.8 billion BDAG coins. With Batch 17 on the horizon at $0.011, investors are eagerly watching.
These developments underscore BlockDAG’s potential as the best crypto investment opportunity, driving significant interest from investors. Meanwhile, insights indicate Dogecoin’s price has dropped unexpectedly, and Near Protocol news highlights significant activities by whales though with hurdles.
Musk’s SNL Appearance Triggers Decline in DOGE Value
Market speculation has been a major driving force behind the price volatility of Dogecoin. The dramatic rise in the price of DOGE earlier this year was primarily fueled by social media hype and the influence of a few high-profile figures. As is often the case with speculative bubbles, the surge was not sustained, leading to a significant price reduction.
However, it has become clear that such influence can be a double-edged sword, as evidenced by recent drops in both Tesla’s stock price and DOGE’s value following Musk’s SNL appearance.
The decline of DOGE could be traced back to it hitting a resistance level after its major price hike. Once a resistance level is met, it is common for a cryptocurrency to experience a pullback. Regulatory changes in the cryptocurrency market have also affected DOGE’s downward trajectory.
Near Protocol Whale Accumulation
The cryptocurrency market has recently been abuzz with chatter about significant whale activities surrounding Near Protocol (NEAR). Large, influential investors are accumulating NEAR, indicating confidence in its long-term potential. Currently trading between $7.31 and $8.35, NEAR has experienced a slight dip of 3.81% in the past week but maintained a positive trend over the past month with a 13.9% increase.
The next hurdle for NEAR lies at the $8.88 resistance level, with support holding firm at $6.80. Technical indicators like the 10-day simple moving average at $7.70 and an RSI of 43.99 suggest a potential price correction soon.
BlockDAG Keynote 2 Boosts Coin Sales to 10.8 Billion
BlockDAG’s second keynote highlighted its dedication to innovation and growth, featuring major updates on Blockchain and DAG technology, global marketing, and community engagement. The Moon keynote provided updates on BlockDAG’s mainnet launch, which is on the horizon, with significant progress in its Devnet phase.
BlockDAG has developed its Peer-to-Peer Engine, Block & DAG Algorithm with EVM Compatibility, and Metamask Integration. The Testnet is scheduled for mid-August, with the Mainnet launch expected within the next four months.
Furthermore, the Keynote video explores BlockDAG’s marketing efforts that have garnered global attention, with endorsements from industry giants like Forbes and Bloomberg. BDAG conducts market tests with its X10 miners, releasing them to key crypto influencers for reviews.
The presale of BDAG coins has seen substantial success, with Batch 16 priced at $0.0095. The price is expected to rise to $0.011 in Batch 17, indicating strong investor confidence. BlockDAG has raised $41.9 million from selling over 10.8 billion BDAG coins. This successful presale and positive market response to BlockDAG’s keynote have led analysts to predict significant growth for BDAG coins. Experts suggest that BlockDAG could reach $10 by 2025 and $30 by 2030, reflecting the keynote’s massive success and the potential of BlockDAG as an emerging crypto coin.
Final Insights
BlockDAG’s second keynote showcased significant blockchain and DAG technology progress, emphasising its potential as the best crypto investment. With the successful presale momentum and strong market response, BlockDAG is on track to reshape the industry. While Dogecoin’s price analysis highlights recent declines and Near Protocol news focuses on whale activities, BlockDAG’s innovative approach and expanding ecosystem make it a standout investment. As Batch 17 approaches, investors are urged to stay updated and consider joining this revolutionary journey before prices reach $10 by 2025 and $30 by 2030.
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
ThePrint BrandStand content is a paid-for, sponsored article. Journalists of ThePrint are not involved in reporting or writing it.