BlockDAG(BDAG) has achieved a remarkable presale surge, with its price skyrocketing to $0.0122 in Batch 18, marking an extraordinary 1120% increase. This growth, fueled by a major influencer endorsement and the launch of the X1 crypto mining app, has led to $51.8 million raised and over 11.6 billion BDAG coins sold. In contrast, Bitcoin Cash price has experienced a significant drop, hitting a 25-day low, and Cronos (CRO) is facing resistance despite a fresh increase.
Bitcoin Cash at 25-Day Low, Opportunity or Further Fall?
Bitcoin Cash (BCH) hit a 25-day low of $447 on June 12, 2024, sparking debate among investors about whether this marks a market bottom and a buying opportunity. Since June 7, the Bitcoin Cash price has declined by 16.81%, falling from $520 to $439 due to a market crash triggered by the U.S. Non-Farm Payrolls report.
Historical data suggests such dips attract strategic investors. Negative funding rates and a shift to risk-averse behaviour among derivatives traders signal a potential market bottom. If BCH breaks the $512 resistance level, a significant rally could occur, but solid support at $430 is crucial to prevent further losses.
Cronos Price Surges Above $0.070, Eyes $0.094 Resistance Level
Cronos’ (CRO) price has begun a fresh increase from the $0.062 support zone, now trading above $0.070 and the 100 simple moving average (4-hours). The Cronos price broke a major bearish trend line with resistance at $0.065, indicating a positive trend. Immediate resistance is near $0.074, with major resistance at $0.080. If CRO surpasses $0.080, it could rise towards $0.094. However, if it fails to break above resistance, it may face a downside correction, with main support at $0.065. The 4-hour MACD is bullish, and the RSI is in the overbought zone.
BlockDAG Boosts with Influencer Backing & X1 Miner App
BlockDAG’s presale has experienced a sensational surge, positioning itself as a formidable competitor to the likes of Kaspa. Following a major influencer endorsement, BlockDAG’s price has skyrocketed to $0.0122 in Batch 18, marking an extraordinary 1120% increase. With $51.8 million raised and over 11.6 billion BDAG coins sold, BlockDAG boasts a solid 30,000x ROI.
In a recent video, the influencer highlighted BlockDAG’s second Keynote, which showcased significant milestones such as recognition from Forbes and Bloomberg, and blockchain enhancements. The keynote discussed global marketing strategies, announced a video revealing its human team, and detailed 45 development updates available online. Following the keynote, BlockDAG has released over 54+ development updates.
The influencer also talks about BlockDAG’s DAG implementation, which enhances scalability by allowing multiple transactions to be confirmed simultaneously, and the $2 million reward for 50 early adopters.
Moreover, BlockDAG’s second keynote introduced the X1 app, set to revolutionise mobile mining by transforming smartphones into efficient BDAG coin mining devices. Available on Android and Apple platforms, this crypto-mining software features an energy-saving algorithm, allowing users to mine up to 20 BDAG daily without excessive power or data usage. Contrasting the recent downturn in Bitcoin Cash investments, BlockDAG presents a lucrative and promising opportunity for miners with sustainable and rewarding technology.
Key Takeaway
While Bitcoin Cash’s price faces a significant drop and Cronos’s price grapples with resistance levels, BlockDAG’s presale surge, fueled by a major influencer endorsement, has seen an 1120% increase to $0.0122 by Batch 18. With $51.8 million raised, BlockDAG’s Keynote 2 and innovative X1 Miner App highlight the project’s efforts and potential for substantial returns, making it a standout choice for investors seeking growth and innovation in crypto.
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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