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Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

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From Japan to London: BlockDAG’s Global Dominance Soaring Value to 850%, Outshining Ethereum and BounceBit Prices Surge

May 30, 2024 By Crypto Reporter

BlockDAG has quickly risen as a significant player in the cryptocurrency market, attracting global attention and investment while offering unique opportunities for investors. With ETH prices rising by 5% and BounceBit prices increasing by 40%, BlockDAG stands out with a remarkable 850% value surge. Recent showcases in Japan, Las Vegas, and Piccadilly Circus underline its global presence and innovative advantage.

BlockDAG’s low-code/no-code smart contracts platform makes blockchain development more accessible. This distinct approach has boosted BlockDAG’s global presence and led to over $36 million in presale gains, cementing its place in the emerging crypto coins market.

Ethereum (ETH) Price: ETF Launch and Whale Activity

Ethereum (ETH) has seen a notable upswing, increasing by 5% and approaching the $4,000 mark. This rise is driven by the anticipated launch of spot Ethereum ETFs, which has drawn significant institutional interest. In the past week, Ethereum whales have acquired 510,000 ETH, indicating strong market confidence.

Analysts expect the ETH price to reach $4,500 before the ETFs debut, with a potential new peak of $5,000. Currently, ETH is priced at $3,957, with a market cap of $469 billion, and daily trading volumes are increasing by 68% to almost $17 billion.

BounceBit Price: Market Confidence & Developments

BounceBit (BB) has seen a significant 40% price increase, fueled by market confidence and recent advancements. The project’s roadmap, aimed at integrating centralized and decentralized finance for high-yield investments, has boosted investor sentiment.

Key developments include the BounceBit Chain and the Fixed Earn product, enhancing transaction throughput and providing fixed income for assets. With strong support from Binance Labs and integration into the Binance ecosystem, BounceBit’s price reached $0.4792, marking a 42.31% rise with a one-day trading volume of $203.08 million.

BlockDAG’s $36M Presale Surge with Low-code/No-code Platform

BlockDAG’s Keynote video at Shibuya Crossing in Japan showcased its user-friendly mining technology. The BlockDAG X1 mobile application beta launch makes crypto mining accessible, allowing users to mine up to 20 BDAG coins daily. This innovation simplifies mining for newcomers, providing easy passive income. Home miners like the X10, X30, and X100 are energy-efficient and inclusive for experienced miners.

The technical whitepaper’s presentation in Las Vegas caught global attention, emphasizing BlockDAG’s scalability and security, using the Directed Acyclic Graph (DAG) structure and Proof-of-Work (PoW) consensus mechanism. These advancements position BlockDAG as the most advanced layer-1 blockchain, capable of accommodating a growing user base and evolving demands while maintaining network integrity.

At Piccadilly Circus in London, BlockDAG demonstrated its cutting-edge blockchain technology to a global audience. This high-profile event highlighted BlockDAG’s advancements in scalability and security, reinforcing its leadership in the cryptocurrency space. It showed BlockDAG’s dedication to revolutionizing digital transactions and expanding its reach, further enhancing its reputation as a blockchain industry leader.

The excitement doesn’t stop here: BlockDAG’s low-code/no-code smart contract platform allows even those without deep coding knowledge to create and deploy blockchain applications. This functionality is rapidly expanding BlockDAG’s user base, bridging the gap between technical complexity and user engagement, leading the project to gain over $36 million in its recent presale batch 16, indicating an impressive 850% value surge.

Final Verdict

BlockDAG’s innovative approach and global prominence underscore its potential to reshape the cryptocurrency landscape. With a successful presale raising over $36 million and an 850% value increase, BlockDAG stands out as a promising investment opportunity. Its user-friendly mining technology, scalable and secure blockchain structure, and no-code smart contract platform position BlockDAG as a trailblazer in the crypto world. As BlockDAG continues to expand and innovate, its influence in the industry is set to grow, offering exciting opportunities for investors and users alike.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

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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