BlockDAG’s Moon-Themed Keynote 2 Reaches $41.6M, Eclipsing Fantom Upgrade & ThorChain Predictions

Fantom has recently enhanced its Opera chain, aimed at increasing transaction volume with more tests to come. Meanwhile, ThorChain’s market projections remain tentative, with possible upward trends predicted by 2027 if current conditions persist.

Conversely, BlockDAG’s latest keynote from the moon has launched, revealing key updates such as its fully human team. The presentation also emphasized the effectiveness of BlockDAG’s Directed Acyclic Graph (DAG) technology. This cutting-edge technology has triggered a surge in presales, reaching $41.6 million and distributing 10.7 billion coins. The latest batch marks an 850% growth since BlockDAG’s launch, forecasting a 30,000x ROI and positioning it as a leading crypto for mining.

Boosting Transactions with Fantom’s Latest Upgrade

Fantom has updated its Opera chain following a 66% consensus approval. This upgrade, part of the Sonic test net phase from October 2023, allows Opera to handle 180 million transactions daily with almost instantaneous confirmation times. It supports 2,000 TPS for complex operations, 4,000 TPS for token exchanges, and 10,000 TPS for simple token transfers.

This upgrade reduces storage demands by 66% and operational needs by 95%, aiming to expand transaction volume with additional testing in the pipeline. Future improvements will focus on tokenomics, partnerships, and expanding audience engagement. Fantom has also hinted at launching Sonic Labs for DApp development and a Sonic Foundation for governance. Currently, FTM is trading at $0.8125.

ThorChain’s Price Outlook: Guarded Hope Amid Fluctuations

Over the last week, ThorChain’s price fell from $6.51 to $6.03, though it recently showed a small recovery. The immediate forecast is uncertain, and while some analysts see potential growth, volatility remains high. Despite achieving a record-high trading volume of $3 billion and a 51% increase in DeFi TVL, maintaining momentum poses challenges.

A notable price increase occurred after the burning of 60 million RUNE tokens, but keeping this growth may prove tough. Recent updates from the launch of THORNode v132, which include improved loan closure processes and reduced fees, could help future performance. Nonetheless, long-term predictions for ThorChain suggest possible gains by 2027 if current trends continue, but caution is advised.

BlockDAG Keynote 2 Drives $40.8M in Presales

BlockDAG’s second moon-themed keynote video introduced several significant updates, including advancements in blockchain technology and the introduction of its all-human team. The keynote spotlighted the efficiency of BlockDAG’s Directed Acyclic Graph (DAG) implementation, enhancing scalability and speeding up transactions, differentiating it from traditional blockchains.

Integrating a Proof-Of-Work consensus with DAG, each transaction is validated through cryptographic puzzles, improving both security and operational efficiency. BlockDAG also introduces a Low-Code/No-Code platform for creating smart contracts, utility tokens, meme coins, and NFTs, and includes the Proof of Engagement Mobile App to make blockchain more accessible while lowering transaction costs.

Additionally, the beta version of the X1 Miner app, highlighted in the keynote, is now available on Android and Apple platforms. This app allows users to mine BDAG coins, enhancing earnings before the mainnet launch. The presale has rapidly accelerated, already raising over $41.6 million, with daily earnings initially at $500,000 but projected to potentially reach $5 million, demonstrating significant investor interest and enthusiasm.

Wrapping Up

Fantom’s recent Opera chain upgrade aims to boost transaction volumes, with more testing ahead. ThorChain’s price projections remain uncertain, suggesting potential growth by 2027 if favorable trends persist. In contrast, BlockDAG’s recent keynote has captured significant interest, unveiling crucial updates like its all-human team and highlighting the efficiency of its DAG technology.

This innovation has propelled presales to $41.6 million, selling 10.7 billion coins, an 850% increase since its inception. With a projected 30,000x ROI, BlockDAG is establishing itself as a premier choice in the crypto mining industry.