BlockDAG’s Big Reveal: Keynote 2 Causes Crypto Chaos with 1,300% Surge & VET Drop; Kaspa Peaks
While Kaspa nearly touches a new high of $0.19, the VeChain (VET) price forecast remains highly uncertain, hinting at potential highs and lows. Amid these market movements, BlockDAG has seen its pre-sale price soar from $0.001 to $0.014 across 19 batches, marking a remarkable 1300% increase.
This surge follows the release of BlockDAG’s Keynote 2, showcasing technological breakthroughs and roadmap updates. Furthermore, the introduction of the X1 Miner beta app has positioned it as one of the top applications in cryptocurrency, enabling even those without technical expertise to mine BDAG directly from their smartphones.
How Long Will Kaspa’s Peak Last?
Kaspa’s cryptocurrency, KAS, achieved an exciting all-time high of $0.19 on June 30 but then fell to $0.18, a 7% decrease. Despite this, on-chain data indicate strong trader interest in KAS. The Relative Strength Index (RSI) at 68.52 suggests strong buying pressure, indicating that the rally is underpinned by real demand.
Nonetheless, significant long position liquidations occurred when the price adjusted, with $586,220 liquidated on June 30, the most since March 16. While the upward trend might push KAS beyond its current peak, profit-taking could lead to a decline to $0.17.
VET Price Prediction: Growth or Decline?
VeChain (VET) has seen dramatic fluctuations, reaching a high of $0.0511 before encountering resistance. After failing to break this barrier three times, VET dropped to $0.03300 by mid-May 2024 and declined to $0.02395 by June 18. With indicators like the MACD and RSI showing bearish signs, VET briefly rose by 2.37%, suggesting a potential recovery. If investor interest strengthens, VET could climb back to $0.033000 and possibly $0.045000. If not, it could fall to as low as $0.020000 or even $0.015000.
What’s Fueling BlockDAG’s 1300% Price Increase?
BlockDAG has escalated from $0.01 per coin in its first batch to $0.014 in the 19th batch, reflecting an unprecedented price surge of 1,300%. The company has raised over $56.8 million by distributing 12 billion coins. This rapid ascent is propelled by the innovations introduced in BlockDAG’s recent keynote, which showcased the platform’s groundbreaking technological advancements, a proactive development roadmap, and the capabilities of the X1 Beta Miner app.
BlockDAG utilizes a directed acyclic graph (DAG) architecture, adept at managing multiple operations concurrently while efficiently storing session data. This unique DAG-based proof of work (PoW) consensus mechanism validates several transactions simultaneously without requiring miners, ensuring quick, secure, and high-volume transaction processing.
BlockDAG’s roadmap includes exciting projects like developing the Peer-to-Peer Engine, enhancements to the Block & DAG Algorithm, EVM Compatibility, and integration with Metamask. The platform is on track to launch its testnet by mid-August and aims to go live with the mainnet within four months. Following the mainnet launch, it’s anticipated that BDAG’s price will surge to $1, potentially offering investors up to a 30,000x return on investment, according to industry experts.
Adding to the anticipation, the keynote also highlighted the completion of Phase 1 in the development and extensive testing of the X1 Miner app, which includes Wireframe & UI Designing, User Onboarding, and Presale functionality. With a minimal size of 50 MB, this innovative app enables even non-technical users to mine as many as 20 BDAG coins daily, without significantly impacting battery life or data usage. With such revolutionary technology and impressive early sales figures, BlockDAG is set to redefine accessibility and profitability in the cryptocurrency market.
BlockDAG’s Continued Momentum
As Kaspa briefly hits a new high and VET’s price fluctuates, BlockDAG remains the standout with a 1300% increase in value since batch 1. Its Keynote 2 release, coupled with the advanced X1 Miner beta app and consistent development, has captured the attention of both investors and enthusiasts.
The X1 Miner is celebrated as the best cryptocurrency app, enabling straightforward mining of BDAG from mobile devices. BlockDAG’s promising trajectory continues to forecast a potential 30,000x return on investment in the years ahead.
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
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
