BlockDAG's X1 Miner App Debuts in Apple Store & Achieves 1400% Presale Jump, Cardano Upgrades as Uniswap Declines

Last updated: July 16, 2024 11:00 am

4 Min Read

BlockDAG’s recent unveiling of the X1 Miner App in the Apple Store has skyrocketed its presale figures to $58.5 million, with over 12.2 billion coins sold. This application streamlines the mining process and boosts engagement. Investors can immediately begin mining on Devnet and assess their potential earnings with the mining profitability calculator. The presale’s rapid advance sees Batch 20 priced at $0.015, marking a 1400% surge since the initial batch.

Amidst the upgrades to Cardano (ADA) and Uniswap’s declining prices, BlockDAG remains a dominant player, drawing substantial investor interest and establishing itself as the premier cryptocurrency for investment today.

Cardano (ADA) Introduces New Chang Upgrade Support Node

Cardano is nearing an important breakthrough with the launch of the Cardano Node 9.0.0, setting the stage for the much-anticipated Chang hard fork, its most crucial upgrade thus far. The asset’s price is rising, reflecting the community’s anticipation, rebounding from a recent low and approaching critical resistance levels.

Romain Pellerin, the CTO at Input Output Global (IOG), highlighted that the Cardano (ADA) upgrade would foster decentralized governance, allowing the Cardano community to participate in shaping the network’s future. Founder Charles Hoskinson considers this release the network’s most pivotal milestone yet, preparing it for the forthcoming Voltaire phase. With 70% of Stake Pool Operators adopting the new node, the network is set to embrace the Chang hard fork and implement CIP-1694.

Uniswap’s 20% Price Drop Spurs Diversification

Uniswap (UNI) has witnessed a notable 20% reduction in price, encouraging investors to diversify their portfolios, despite attractive yield farming options. Recently, Uniswap peaked at $9.58 but has dropped to $7.90, now stabilizing at this support level. To regain confidence in the market, Uniswap must surpass the $10 resistance level. Achieving this could shift market sentiment positively, with projections for the end of Q4 2024 reaching $11.21.

BlockDAG’s X1 Miner App Fuels Mining Fever

BlockDAG leads the cryptocurrency market with the introduction of its X1 Miner App available on the Apple Store. This advanced application revolutionizes how users interact with cryptocurrency mining, serving as an effective tool for miners at all levels.

This app allows users to mine up to 20 BDAG coins per day and gain additional benefits through referral programs. It features a real-time leaderboard, highlighting the top 50 earners and fostering a competitive mining environment.

Having raised $58.5 million in presale and achieving a 1400% growth, selling 12.2 billion coins, BlockDAG is preparing for a series of significant announcements, including a compelling CGI video. This video will exhibit BlockDAG’s superior speed and technological capabilities, poised to outpace other cryptocurrencies in terms of transaction volume. BlockDAG supports transaction speeds far exceeding the current cryptocurrency TPS rates of 10,000-15,000, setting a new benchmark for the industry.

These strategic developments and the thrilling video debut are set to attract and expand BlockDAG’s mining community, solidifying its status as a crypto market leader. These updates and benefits are sure to garner attention, emphasizing BlockDAG’s innovative features and prospective growth.

In Summary

In contrast to Cardano (ADA)’s significant updates and Uniswap’s fluctuating prices, BlockDAG stands out with consistent growth and user-focused features. The X1 Miner App enables daily mining of up to 20 BDAG coins, supported by an engaging leaderboard and an extensive mining profitability calculator, highlighting its appeal.

As confidence in other cryptocurrencies fluctuates, BlockDAG remains a reliable investment choice. With its advanced technology and community-centric approach, BlockDAG emerges as a top-tier cryptocurrency and the best investment option currently available.