• Tuesday, July 16, 2024
businessday logo


BlockDAG Targets $30 by 2030 with its Keynote 2 Fueling the Hype As Toncoin Pulls Back and Arbitrum Gaming Ecosystem Rises


BlockDAG is rapidly gaining attention in the crypto market with its ambitious goal of reaching $30 by 2030. The recent keynote, which introduced the beta release of the X1 Miner App, has fueled a massive presale surge, positioning BlockDAG among the top crypto gainers.

Meanwhile, the Toncoin (TON) price faces minor pullbacks, and the Arbitrum Gaming Ecosystem continues to expand with substantial investments. BlockDAG’s presale, which has raised $49.4 million, demonstrates its strong potential and investor interest, setting the stage for significant future returns.

Toncoin Price Pullback and Volume Drops

Toncoin (TON) has experienced a minor pullback, with its price falling by 3.70% to $7.11 in the last 24 hours. This shift in market sentiment comes despite Toncoin’s recent highs, where it reached $7.78. Market experts suggest that if Toncoin breaks out of its current pattern, it could see new all-time highs of $10 and $13.

Toncoin’s trading volumes have dropped by 10%, indicating a possible downturn. Technically, it trades above its 1-day Simple Moving Average but shows weakness in the 4-hour timeframe. The MACD indicator suggests a bearish outlook with resistance at $7.677 and support at $4.688. Falling below this support could push prices to $3.34, while exceeding resistance might lead to new highs, indicating a potential bullish trend.

Arbitrum Boosts Its Gaming Ecosystem

The Arbitrum Foundation has announced a significant investment in its gaming ecosystem, allocating 225 million Arbitrum (ARB) tokens, worth about $215 million, to the Gaming Catalyst Program (GCP). This initiative aims to enhance the adoption of Arbitrum, Orbit, and Stylus among game developers and gamers over the next three years.

Managed by a specialized team and overseen by a five-member council, the GCP ensures effective fund usage and aligns with the program’s goals. Additionally, the Arbitrum Foundation has launched Phase 2 of its Ambassador Program, expanding its reach to Nigeria, India, and Mexico. This phase will focus on digital content creation, online community building, and technical workshops to foster a global Arbitrum community, leveraging the influence of passionate advocates.

BlockDAG’s Keynote 2 Sparks 1120% Presale Surge

BlockDAG’s presale has achieved remarkable success, with prices soaring from $0.001 in Batch 1 to $0.0122 in Batch 18, marking a 1120% increase. This impressive growth, driven by strong investor interest, highlights BlockDAG’s potential for future returns. Experts believe BlockDAG could reach $30 by 2030, translating to a 30,000x ROI from Batch 1.

The recent keynote 2 unveiled several significant advancements, including the beta release of the X1 Miner App. The app features user onboarding and presale functionality on both Android and Apple platforms, with future updates planned. The X1 app transforms your smartphone into an efficient mining device for BDAG coins using an advanced, energy-efficient consensus algorithm.

A major highlight of the keynote was BlockDAG’s innovative use of a Proof-of-Work (PoW) consensus mechanism combined with a Directed Acyclic Graph (DAG) structure. This hybrid approach eliminates the need for traditional miners and allows multiple transactions to be confirmed simultaneously, greatly improving scalability. The PoW-DAG combination ensures security through cryptographic puzzles while leveraging DAG’s scalability to achieve high transaction throughput and fast confirmation times.

BlockDAG’s presale has raised $49.4 million, distributing over 11.4 billion BDAG coins. Additionally, miner sales have generated another $3.2 million, with over 7,728 miners sold. Keynote 2 also emphasized BlockDAG’s global marketing efforts, which have garnered endorsements from industry giants like Cointelegraph, Forbes, and Bloomberg, creating significant excitement. Early adopters have a chance to win a share of $2 million, with over 60,000 entries already received.

Key Summary

BlockDAG’s innovative technology and ambitious targets set it apart in the cryptocurrency landscape. The presale’s success, driven by strategic advancements like the X1 Miner App and robust marketing efforts, underscores its potential. With the Toncoin (TON) price experiencing fluctuations and the Arbitrum Gaming Ecosystem making strides, BlockDAG’s approach stands out. Investors seeking the next big opportunity should consider participating in BlockDAG’s presale.

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