BlockDAGs Presale Soars to 527M Setting New Crypto Standards Amid Bitcoin Cash and Cronos Activity
BlockDAG’s valuation soared to $0.0122 per coin in its 18th issuance, marking an impressive 1120% climb during the presale. This surge was driven by the endorsement of a well-known influencer and the introduction of the X1 crypto mining app, which resulted in a staggering $52.7 million raised and over 11.7 billion BDAG coins distributed. Meanwhile, Bitcoin Cash experienced a significant drop, hitting a 25-day low, and Cronos faced strong market resistance.
Bitcoin Cash at a Turning Point
Bitcoin Cash recently plummeted to a 25-day low of $447, sparking discussions among traders about its potential as a pitfall or a turning point. The 16.81% decrease from $520, triggered by market volatility following the U.S. employment data, raises doubts about its ability to rebound. Historical data suggests that such lows often attract savvy investors, but BCH must surpass the $512 resistance to avoid further setbacks.
Cronos’ Rise to New Heights
Cronos has bounced back from the $0.062 level, surpassing $0.070 and establishing its position above the 100-hour simple moving average. Its ascent, marked by breaking through the $0.065 resistance, indicates a bullish trend. Immediate barriers are at $0.074, with significant resistance at $0.080 and $0.094. If Cronos fails to clear these levels, a fallback to the $0.065 support is possible, despite positive indicators like MACD and RSI pointing upwards.
BlockDAG’s Success Through Influencer Endorsement and Technological Innovation
BlockDAG’s technological and financial achievements have been remarkable. The presale raised $52.7 million and acquired over 11.7 billion BDAG coins, garnering attention from the crypto world. The 1120% increase to $0.0122 per coin in Batch 18 is largely attributed to influential endorsements and the strategic launch of the X1 mining app, which revolutionized crypto mining on mobile platforms with efficient and low-energy consumption methods.
BlockDAG has also received praise from prestigious financial outlets like Forbes and Bloomberg, further solidifying its credibility. During its second Keynote, BlockDAG introduced over 54 developmental enhancements aimed at improving user interface and operational efficiency. Its DAG technology implementation particularly enhances scalability by allowing simultaneous transaction confirmations, setting a new benchmark for transaction speed and dependability in blockchain technology.
BlockDAG: Moving Forward with Strong Growth
While Bitcoin Cash and Cronos face challenges, BlockDAG’s robust growth, driven by influencer support and innovative strategies, stands out prominently. Its successful presale, extensive media coverage, and the pioneering X1 Miner App position it as a top choice for investors seeking progressive and profitable crypto opportunities.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu