BlockDAG Soars After Moon Keynote With A 1120% Price Increase; LINK & NEAR Struggle To Keep Up

Jun 15, 2024

While Chainlink’s (LINK) trading volumes wane and NEAR Protocol posts a modest 4.12% increase, BlockDAG has captured the spotlight with its impressive Keynote 2, themed around a lunar launch. This event propelled the price of BDAG by an astounding 1,120%, escalating from its first batch to the 18th, and igniting a fervor for its coins. A string of detailed Dev Releases has further solidified investor confidence, setting BlockDAG on a path potentially leading to a 30,000x return on investment.

Chainlink (LINK) Encounters Market Resistance

Chainlink has experienced some turbulence, slipping below the 50-day exponential moving average (EMA), a previously staunch level of resistance. After peaking at $19 in June, LINK has faced ongoing corrections, now fluctuating between the 50 and 100 EMAs. Despite a recent uptick in active addresses, predictions suggest a potential drop below $18 soon. However, should Bitcoin maintain its ascent, LINK might recover to levels between $20 and $22.

NEAR Protocol Experiences Slight Gains Amidst Volatility

Despite shedding 1% over the last week, NEAR Protocol has managed a 4.12% rise, now trading at $7.57. The token remains susceptible to sharp swings, with its peak at $20.44 still a distant memory. Recent days have seen a 6% dip in trading volume, indicating a minor decrease in circulating supply. These fluctuations reflect ongoing market uncertainty for NEAR, even as it holds a top twenty market capitalization.

BlockDAG’s Keynote 2 Unveils Major Developments

The recent moon-themed Keynote 2 from BlockDAG was a viral success, immediately boosting its coffers by $3 million overnight due to a massive surge in coin purchases. The presentation highlighted its advanced DAG-based PoW consensus algorithm, promising unmatched speed, scalability, and security in the crypto realm. It also introduced a user-friendly low-code/no-code platform, empowering even non-techies to launch blockchain projects with ease, paired with strategic marketing to cast BlockDAG under a global spotlight.

Furthermore, the keynote underscored BlockDAG’s robust presale performance, suggesting potential daily earnings of $5 million in the near future and foreshadowing an eagerly awaited mainnet launch within four months. Post-launch, the value of BDAG could skyrocket to an unprecedented $1 per coin.

BlockDAG’s weekly Dev Releases offer a deep dive into ongoing developments, from DAG implementations and the PoW consensus to enhancements in the Blockchain Explorer and the X1 mining app. The latest updates have tackled X1 connectivity issues and user interface bugs, significantly boosting mining efficiency. The completed design phase of the Blockchain Explorer now allows for detailed data visualization of BlockDAG’s blockchain.

These ongoing developments promise to enhance network functionality and user experience, reinforcing BlockDAG’s standing in the crypto market. With its record-breaking presale success and innovative technology, BlockDAG is poised for extraordinary growth, offering investors the prospect of a 30,000x ROI.

In Summary

As LINK faces downward pressure and NEAR Protocol struggles with instability, BlockDAG emerges as a beacon of innovation and profitability in the cryptocurrency sector. Following its explosive Keynote 2, BlockDAG has witnessed substantial institutional investment, positioning it as a frontrunner in the crypto race. Currently priced at $0.0122 in its 18th presale batch, BlockDAG has raised over $50.6 million by selling more than 11.4 billion BDAG coins, demonstrating its growing dominance and appeal.

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