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Crypto Reporter

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

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BlockDAG Triumphs Over Chainlink Rival DTX & JasmyCoin with Innovative X1 Miner App, Securing 11.1B Coin Sales

June 7, 2024 By Crypto Reporter

DTX Exchange is emerging as a strong contender against Chainlink with its versatile hybrid trading platform, capturing the interest of many in the crypto community. At the same time, the forecast for JasmyCoin is looking particularly robust, buoyed by solid market trends. Investors are also keenly watching the enhancements being made to the BlockDag Network.

In the mining arena, BlockDAG is making significant strides with the beta launch of its X1 Miner app, which converts smartphones into powerful mining tools. This breakthrough has catapulted BlockDAG’s presale efforts, resulting in the sale of over 11.1 billion coins and generating $45.7 million in revenue, underscoring the strong investor interest and technological progress in the cryptocurrency mining sector.

Emerging Chainlink Challenger: DTX Exchange 

DTX Exchange is capturing attention in the crypto sphere as a strong Chainlink rival, thanks to its innovative hybrid platform that blends the benefits of centralized and decentralized exchanges. It supports trading across an extensive range of more than 120,000 asset classes without requiring KYC, offering users both privacy and flexibility. The DTX utility token enhances the trading experience by reducing fees and providing advanced tools and governance rights. Analysts are optimistic about DTX’s potential for growth once it lists on a major exchange.

Optimistic JasmyCoin Price Forecast

The forecast for JasmyCoin is decidedly upbeat, with market experts predicting substantial growth. The optimism is fueled by positive market trends and technical analyses, such as fractal patterns and RSI indicators, which suggest that JasmyCoin is on the brink of further expansion. This bullish sentiment is supported by active investor engagement and a favorable market perspective, positioning JasmyCoin as a prominent player in the crypto arena.

BlockDAG’s X1 Mobile Miner: Driving a $45.7M Presale

BlockDAG is advancing in the mining industry with its pioneering X1 Miner app. Released in beta on June 3rd, this cloud-based app transforms smartphones into potent mining tools capable of extracting BDAG coins efficiently. Anticipated features include a Wallet, Send/Receive functions, and a social Leaderboard and Community Section, all due for integration before the network goes live. These functionalities not only enhance user engagement but also enable users to invite peers and amplify their mining results before the official launch.

Supporting its technological edge, BlockDAG utilizes resources like the BlockDAG Wiki and DAGpaper. These tools disseminate essential technical information to both enthusiasts and the wider BlockDAG community. The comprehensive guides outline the implementation of sophisticated, energy-saving consensus mechanisms in the X1 app, ensuring mining is energy-efficient and doesn’t excessively drain battery or data.

Furthermore, Since launching the beta version of the X1 Miner App, BlockDAG has seen an impressive uptick in its presale figures, reaching a coin price of $0.011 in Batch 17 from the earlier $0.0095. The project has now moved over 11.1 billion coins and amassed $45.7 million, showcasing a remarkable influx of investor interest.

Concluding Insights

With the rollout of the X1 Miner App beta, BlockDAG is poised to reshape the cryptocurrency mining landscape. This app democratizes the mining process, turning everyday smartphones into effective mining machines, and has propelled BlockDAG’s presale success with over 11.1 billion coins sold. As DTX positions itself as a Chainlink competitor and JasmyCoin’s prospects look bullish, BlockDAG’s innovations affirm its pivotal role in the crypto mining industry.

Join BlockDAG 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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