The latest crypto news includes a bullish forecast for Cardano (ADA), expected to hike following its robust defence against a DDoS attack. Additionally, Folks Finance has launched Algorand’s Liquid Staking Protocol, xALGO, enhancing staking flexibility and rewards.
Meanwhile, BlockDAG’s X-series miners have attracted significant interest, securing $3.5 million from selling the miners. Among these miners, the upcoming X1 Miner App has exceeded all expectations, driving $55.4 million in presale. Thus, BlockDAG’s continuous innovation in making accessible and hassle-free mining sets new industry standards and appeals to miners worldwide.
Cardano Network’s Robust Defense Fuels Bullish Forecast
The Cardano network recently defended against a DDoS attack, showcasing its robustness. This successful defence has bolstered investor confidence, contributing to bullish price predictions. Analysts highlight the network’s ongoing enhancements, such as the implementation of CIP-0069, which improves the functionality of PlutusV3. Analysts predict Cardano (ADA) to reach $24, driven by recent network upgrades and resilience. This potential rise marks a significant surge over the current price and offers substantial returns, carrying inherent risks.
ALGO Dips Following Folks’ Liquid Staking
Folks Finance has announced the launch of the Algorand Liquid Staking Protocol, xALGO. This protocol enables flexible and simple access to rewards distributed to node runners participating in the Algorand Consensus, transitioning from the Governance Model to the Consensus Reward Model. This claims users can now stake their tokens through nodes, contributing to block consensus. The value of ALGO has remained relatively unchanged following the announcement. The token is now at $0.13992, down 0.97% from the previous day. It shows a decrease of 3.28% and 27.91% for the past few days, respectively.
Buzz Around BlockDAG, Announces Early X1 App Launch
BlockDAG’s exceptional mining capabilities are showcased through its X-series miners: X1, X10, X30 and X100. Each model in the X-series caters to different scales of mining operations, from individual miners to large-scale enterprises, ensuring that BlockDAG remains at the forefront of the crypto-mining industry.
So far, BlockDAG has gained $3.5 million by selling approximately 8,362 miners. Also, crossing a $55.4 Million presale by only 19 batches highlights BlockDAG’s popularity for its commitment to innovation, setting new standards in crypto-mining.
Among all the BlockDAG miners, the most advanced form of mining, the X1 Miner App, is soon to be released. The launch has been scheduled two months ahead due to the uncontrollable buzz among crypto miners. The app stands out because its energy-efficient consensus process doesn’t consume data or drain phone batteries. Users can mine up to 20 BDAG coins on mobile phones without hassle, with just one tap in 24 hours. That’s why the news of early release has made such a huge excitement in the entire crypto-mining landscape, waiting to experience a seamless and efficient mining experience.
BlockDAG’s innovation further extends to its upgraded dashboard on its official site, which features an intuitive and user-friendly interface. The dashboard can showcase real-time whale activity through the Leaderboard page. Users can see a list of the top 30 investors participating in the BlockDAG presale. Each investor’s position is determined by the number of coins they have purchased in USD, structured into distinct tiers: crab ($0 – $99), tortoise ($100 – $999), fish ($1,000 – $9,999), shark ($10,000 – $49,999), and whale ($50,000 and above). These tiers represent different investment stages, further engaging the community and adding an element of competition and achievement.
Final Words
Against Cardano’s bullish forecast and a decline in Algorand’s trading volume, BlockDAG emerges as a compelling choice for investors and miners. With its innovative X-series miners and the highly anticipated X1 Miner App, BlockDAG has secured $3.5 million from miner sales and $55.4 million from presales. This positions BlockDAG at the forefront of the crypto-mining industry, offering robust technology and substantial growth potential. As other cryptocurrencies face mixed outcomes, BlockDAG’s advancements make it a standout option for those seeking reliable and profitable mining solutions.
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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