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Crypto Reporter

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

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BlockDAG Hits New Heights with $52.3M Presale, Eclipsing Injective and ASI Updates

June 20, 2024 By Crypto Reporter

The ASI Token’s launch has been pushed back to fine-tune its integration with prominent blockchain tokens such as $FET, $AGIX, and $OCEAN, ensuring smoother interactivity. Concurrently, Injective exhibits a bullish pattern, bolstered by solid on-chain metrics and increased trading volumes, hinting at potential future rises.

BlockDAG, however, steals the spotlight with its innovative architecture and the unveiling of advanced ASIC miners at Keynote 2. These innovations not only boost mining efficiency but also offer a sustainable, eco-friendly approach to transaction processing, revolutionizing cryptocurrency standards as it makes over $52.3 million in presale.

Positive Outlook for Injective’s Market Performance

Injective’s market predictions remain optimistic as it maintains a strong position above key exponential moving averages, signaling sustained upward momentum. Recent analyses support a bullish forecast, underpinned by a surge in trading volume over the last 24 hours.

Supporting this positive outlook are on-chain metrics that show an increase in Injective holders and significant upticks in development activities. These factors, alongside a bullish MACD and an RSI solidly above the mid-line, indicate that Injective may soon challenge higher resistance levels, potentially ushering in continuous market gains.

Postponement of ASI Token Launch

The debut of the ASI Token has been rescheduled to July 15, 2024, to enhance the integration process of the new network. Originally planned for June 13, the Artificial Superintelligence Alliance, including key AI projects like SingularityNET, FetchAI, and Ocean Protocol, has opted to delay the merger of $FET, $AGIX, and $OCEAN.

This strategic delay aims to better coordinate with exchanges, validators, and partners, ensuring a seamless introduction of the ASI network and its token system. As preparations intensify, the existing tokens will continue to trade on their own, while necessary arrangements are made with third-party services to ensure a smooth transition.

Technological Advancements Unveiled at BlockDAG’s Keynote 2

BlockDAG’s recent Keynote 2 highlighted its technological strides and the beta launch of the X1 Miner app, setting the stage for its next presale phase. Currently, BlockDAG has amassed over $52.3 million from presales, selling more than 11.6 billion coins, with expectations of reaching $0.014 per coin in the upcoming 19th batch.

The introduction of BlockDAG’s X10, X30, and X100 ASIC miners marks a transformative moment in crypto mining technology. These miners leverage BlockDAG’s unique proof-of-work mechanism based on Directed Acyclic Graph technology, which prioritizes security and eco-friendly operations. Unlike traditional blockchain systems, BlockDAG enhances transaction speed and efficiency, aiming to process over 100 blocks per second, supported by robust layer 1 technology.

Final Insights

BlockDAG continues to assert its dominance in the crypto sector, showcasing not just impressive $52.3 million financial growth but also substantial technological innovation. The launch of the X1 and X10 miners at Keynote 2 reflects BlockDAG’s commitment to improving mining efficiency and sustainability. As Injective and ASI adapt to their respective market niches, BlockDAG sets itself apart, providing a lucrative investment that promises substantial returns and paves the way for a sustainable future in digital transactions.

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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