The market is seeing sell-offs, with Dogecoin (DOGE) futures witnessing $60 million in long trades liquidated. Similarly, Bonk’s price fell 19% in a week. Meanwhile, BlockDAG (BDAG) is advancing quickly. The Keynote 1 launch at Tokyo’s Shibuya Crossing and the X1 mobile mining app boosted its visibility and presale numbers to over $53.5M. BlockDAG’s low-code, no-code platform lets users develop utility tokens, meme coins, and NFTs, positioning it as a major player in the cryptocurrency market.
Bonk Price Drops Amidst Market Volatility
Bonk (BONK), an early Solana memecoin, saw decreased interest before its 2023 comeback. Despite a 7.5% increase over the past month, Bonk’s price dropped 19% in a week, contributing to a 4% decline as the crypto market lost nearly 1%. BONK has shown resilience and growth potential, aiming to restore liquidity to Solana, as evidenced by its 2022 airdrop to the Solana community. With a $300 million trading volume and potential market recovery, BONK might reach $0.000030 in weeks and $0.00005 by year-end.
Dogecoin Future Significant Losses Amid Bearish Market
Over $400 million in crypto longs were liquidated in the past 24 hours, with Dogecoin futures seeing $60 million in long trades liquidated as DOGE prices dropped over 10%. This exceeded liquidations for Bitcoin (BTC) futures, which lost $47 million.
The CoinDesk 20 Index dropped 3.4%, reflecting broader market sell-offs and bearish sentiment. Dogecoin futures faced the highest liquidation activity since May 2021, with Huobi experiencing $44 million in liquidations. The market saw sell-offs due to profit-taking and dollar strength, leading to significant losses in Dogecoin futures.
Unlocking Profits with BlockDAG’s X1 Mining App and Low-Code Revolution
BlockDAG’s X1 app transforms mobile mining, turning smartphones into powerful mining devices. Available on Android and Apple, it features an energy-saving algorithm that preserves battery life and data, ensuring efficient mining. Users can mine up to 20 BDAG per day, worth $1 at the launch price of $0.05 per coin. When the coin’s value reaches $1, daily earnings will increase to $20, and at $10, users could earn $200 per day. The app also features a referral system and daily engagement incentives, enhancing accessibility and rewards. It stands out as one of the best crypto-mining apps.
BlockDAG’s global dominance began with the display of its keynote video at Tokyo’s Shibuya Crossing, providing insights into its project, like integration with DeFi platforms like Bitget and CoinEx. This strategic marketing move boosted visibility and presale numbers, raising over $53.5 million till the 18th batch.
BlockDAG’s low-code, no-code platform revolutionizes smart contract creation, making it accessible for developing utility tokens, meme coins, and NFTs. This platform allows users to create, manage, and deploy applications through a drag-and-drop interface, eliminating the need for extensive coding knowledge. This democratizes the development process, potentially giving birth to the next big meme coin by empowering more creators to innovate.
The Key Insights
With substantial liquidations and price drops, the broader market sell-offs have significantly impacted Dogecoin (DOGE) futures and Bonk. In contrast, BlockDAG (BDAG) is making remarkable strides. The successful Keynote 1 launch at Tokyo’s Shibuya Crossing and the innovative X1 mobile mining app have propelled its visibility and presale numbers to over $53.5M. Furthermore, the low-code, no-code platform empowers users to develop the next big meme coin.
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
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