BlockDAG has made headlines with its 2 keynote, streamed from a celestial vantage point, revealing pivotal updates such as the X1 Miner app beta, enhancements to blockchain infrastructure, the introduction of a fully human team, and other innovations.

These revelations have driven presale figures to nearly $40.8 million, advancing to batch 16 at $0.009. This marks an 850% increase from the initial price of $0.001, positioning BlockDAG as a top contender among 2024’s best altcoins.

Bitcoin’s Bull Run Faces Uncertainty

Crypto analyst Axel Adler predicted Bitcoin’s [BTC] bull run might not last long. Despite historical trends suggesting otherwise, data from CryptoQuant shows prices are just 4.2% below the all-time high (ATH) from two months ago, and short-term holder profits indicate potential gains. However, the 7-day moving average of Open Interest has risen only 9%, compared to 20% during previous peaks. Moreover, the RSI remains below 70, indicating weak bullish momentum. These indicators cast doubt on the bull run’s sustainability.

Cardano’s Bullish Outlook with Caution

Cardano (ADA) has been a hot topic this week, with analyst Sssebi predicting a potential bull run. ADA has climbed above the 200-day moving average (200MA) on the 4-hour chart, suggesting a bullish signal. However, the sustainability of this trend remains uncertain.

The recent retest and bounce from the 200MA with high trading volume show high market interest, but the recent gains might be short-lived. Sssebi’s analysis has resonated with the community, but he stresses the importance of independent research before investing.

BlockDAG’s Keynote 2 Unveils Revolutionary Updates

BlockDAG’s second keynote video, broadcasted from the moon, has further fueled the surging presale. Advancing to Batch 16, priced at $0.0095, marks an 850% increase from the initial batch. The presale has amassed nearly $40.8 million, selling over 9.8 billion BDAG coins. With daily earnings currently at $500,000, projections indicate that BlockDAG could reach $5 million daily, underscoring significant investor enthusiasm.

The keynote introduced the X1 Miner app beta version, accessible on both Android and Apple platforms. It also highlighted blockchain enhancements and the introduction of BlockDAG’s exclusively human team. Emphasising the effectiveness of BlockDAG’s Directed Acyclic Graph (DAG) implementation, the keynote showcased its superior scalability and transaction speed compared to conventional blockchains. These advancements enable users to mine BDAG coins and enhance earnings in preparation for the mainnet launch.

Additionally, the low-code and no-code functionalities streamline decentralised application development within the BlockDAG ecosystem. This approach offers advantages for smart contracts, meme coins, and NFTs by empowering users to design and launch applications through intuitive drag-and-drop interfaces, eliminating the need for traditional coding. This facilitates quicker prototyping and reduces development time, ensuring competitiveness in the rapidly evolving crypto market.

Final Word

Despite predictions and historical data suggesting otherwise, Bitcoin’s bull run might not be prolonged. Meanwhile, Cardano’s outlook appears bullish, but there’s caution over the sustainability of these gains. In contrast, BlockDAG’s innovative advancements, highlighted in the lunar-streamed Keynote 2, have significantly boosted interest and investment in their ecosystem.

The release of the X1 Miner app, low-code/no-code development features, and the emphasis on their efficient DAG implementation underscores BlockDAG’s commitment to scalability and user-friendly technology. With an impressive presale performance marking an 850% price surge and growing investor confidence, BlockDAG stands out as one of the best altcoins for 2024.

Join BlockDAG Presale Now:

• Website: https://blockdag.network
• Presale: https://purchase.blockdag.network
• Telegram: https://t.me/blockDAGnetworkOfficial
• Discord: https://discord.gg/Q7BxghMVyu