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Crypto Reporter

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BlockDAG Smashes Presale Records with $28.5M Haul After Global Display Events, While Chainlink and Apecoin Struggle

May 20, 2024 By Crypto Reporter

The road has been tough for Chainlink and Apecoin. Meanwhile, BlockDAG has swiftly ascended as a significant player in the cryptocurrency arena, marking its success by raising $28.5 million through the sale of over 9.3 billion BDAG coins. This achievement was recently celebrated with a vivid lighting display at London’s Piccadilly Circus, further bolstered by major events in Tokyo’s Shibuya Crossing and the Las Vegas Sphere. These showcases not only highlighted BlockDAG’s innovative capabilities but also effectively communicated its strategic marketing prowess.

Chainlink’s Price Experiences Downturn

The current market scenario for Chainlink is less than ideal, with a significant Year-to-Date (YTD) loss of 17.18% and an additional decline of about 11% in the last month. Despite these setbacks, the Relative Strength Index (RSI) suggests a potential upward correction. A successful breach above the $13.275 resistance could revive bullish sentiments. Conversely, continued bearish trends might push the price down towards the $11.775 support level. The cryptocurrency’s past success in integrations and partnerships gives investors hope for a potential recovery.

Apecoin Struggles with Market Volatility

Apecoin’s market performance remains precarious as opinions on its future vary. Currently, the coin hovers near a critical juncture of $1.235, suggesting potential instability. The recent downward trend threatens to further depress its value, possibly dropping to $1.00 in the near term.

BlockDAG’s Innovative Presale Strategy Yields High Returns

BlockDAG’s strategic approach to its $28.5 million presale has been nothing short of remarkable, with the latest Batch 13 coins selling at $0.008 each. Early investors have already seen returns soar by 700%. The successful sale of 9.3 billion coins was driven by advanced technology, aggressive marketing, and a well-thought-out vesting schedule that promises stability and long-term gains for investors.

Starting with a powerful presentation in Tokyo, which showcased BlockDAG’s high-tech solutions and ambitious financial goals, the company has aimed to raise $600 million this year. Further heightening interest, BlockDAG released a teaser for another upcoming keynote event.

The celebration at Las Vegas Sphere for the release of its DAGPaper V2 whitepaper displayed its unique blockchain-DAG hybrid technology, designed to tackle common blockchain challenges such as scalability, security, and decentralization. The company’s transaction processing capabilities promise almost instantaneous speeds, while its platform offers ease of use for developers through a low-code/no-code setup. The forthcoming X1 Miner App will allow individuals to mine up to 20 BDAG coins daily on their smartphones, without impacting data usage or battery life.

Concluding Thoughts

With Chainlink and Apecoin currently facing downward trends, investors are increasingly looking towards more reliable and lucrative ventures like BlockDAG, which has shown a 700% increase in value across 13 presale batches. BlockDAG distinguishes itself with high-impact keynotes and top-tier product offerings, reinforcing its status as a leading technology innovator. Prepared to launch with $100 million in liquidity and a calculated vesting period, BlockDAG offers a promising investment opportunity with the potential for a 30,000x ROI by 2030.

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

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News Tagged With: BlockDAG

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