Amid the rising activities of Bitcoin miners and the looming potential for an XRP bull market, BlockDAG stands out with its innovative technologies and strategic advancements. These advancements have been prominently showcased in its recent Moon-shot Keynote, which received high praise from the well-known influencer “Goalorious.” With a record-breaking presale growth, BlockDAG has raised $52.7 million, with the sale of over 11.7 billion coins, witnessing an impressive 1120% price surge since the first batch.
Bitcoin Miner Sales: Shaping Market Dynamics
Over the last week, Bitcoin miners have significantly increased selling activities, leading to a notable 4.5% decrease in Bitcoin’s price, reaching a monthly low. According to the latest CryptoQuant report, this increase in sales is associated with a substantial amount of BTC moving to exchanges and being sold directly through over-the-counter desks.
Persistently low revenue streams post-halving have forced Bitcoin miners to escalate their sales. Despite a high hash rate on the Bitcoin network, miners compete for reduced rewards, heightening the selling pressure. This increase in sales by Bitcoin miners stirs concerns about potential further declines in Bitcoin’s value, challenging market stability.
Potential XRP Bull Market: Key Resistance & Support Levels
XRP is on the verge of a bull market, steadily rising above crucial support levels, staying above the 100-hourly Simple Moving Average. It forms a bullish trend supported by a trend line favoring upward movements.
A decisive close above a significant resistance area could trigger a substantial rise, potentially marking the start of a strong upward trajectory. However, if XRP cannot overcome this key resistance, it risks a fallback to lower support levels. The current trend and market reactions near these critical points will be vital in determining the robustness and persistence of the XRP bull market.
Influencer’s Big Thumbs Up for BlockDAG’s Keynote
The enthusiastic endorsement video from well-known crypto YouTuber ‘Goalorious’ has ignited significant excitement around BlockDAG’s recent Moon-shot Keynote. The support from this influencer has greatly boosted the presale, which has successfully raised $52.7 million and sold over 11.7 billion coins. Currently, at Batch 18, the coins are priced at $0.0122 each, showing a dramatic 1120% price increase from the initial batch price of $0.001.
This presale excitement is further highlighted by the successful launch of the X10 mining rig, which has drawn significant attention in the market and generated an additional $3.4 million from over 8074 units sold. The introduction of the X10 aligns perfectly with a resurgent interest in crypto mining, underscored by the active involvement of Bitcoin miners.
The X10 miner is a groundbreaking development in crypto mining technology, explicitly designed for newcomers to cryptocurrency mining. Compact and efficient, this miner is the size of a standard Wi-Fi extender and fits effortlessly into any household setting. It offers a hash rate of 100 MH/s, capable of mining up to 200 BDAG coins daily while only consuming 40 watts of power, making it exceptionally energy-efficient.
Conclusion
As we navigate the dynamic shifts in the cryptocurrency market, BlockDAG continues to lead with its innovative mining solutions and strong growth strategies. The successful introduction of the X10 mining rig, combined with strategic endorsements and significant presale success, highlights BlockDAG’s dedication to innovating blockchain technology. Whether capitalizing on trends set by Bitcoin miners, leveraging the XRP bull market momentum, or setting new standards with crypto mining rigs, BlockDAG is poised to offer unmatched opportunities and advancements in cryptocurrency.
Join BlockDAG Presale Now:
- Website: https://blockdag.network
- Presale: https://purchase.blockdag.network
- Telegram: https://t.me/blockDAGnetworkOfficial
- Discord: https://discord.gg/Q7BxghMVyu
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