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BlockDAG Secures Over $51.1M in Presale, Becoming a Global Sensation, Overshadows Pepe & Uniswap v2 Pools in the Crypto Realm

By Partner Jun 18, 2024

In recent developments, Pepe coin has faced significant valuation challenges, creating uncertainty for its investors, while Uniswap v2 pools on Layer 2 networks are dealing with decreasing trade volumes. In contrast, BlockDAG has emerged as a rising star in the cryptocurrency sector.

High-profile marketing efforts in renowned locales such as Shibuya and Las Vegas have fueled a staggering $51.1 million from its presale events and propelled its value by an astonishing 1120%. Additionally, the innovative X30 Miner from BlockDAG promises daily earnings of $30 at launch, establishing it as a top contender in the cryptocurrency market for 2024.

Uncertain Times for Pepe as Prices Fluctuate

Pepe coin has seen its value drop by 13% over the last week, currently priced at $0.00001270, coupled with a 22% decrease in trading volume. Although there was a minor recovery of 5% in the last 24 hours, the technical forecasts remain pessimistic.

The Relative Strength Index (RSI) indicates declining momentum, and the Moving Average Convergence Divergence (MACD) sits below the signal line, signalling bearish trends. A crucial support level at $0.00001139 is observed; breaching this could lead to a further fall to $0.00000885.

Uniswap v2 Pools Experience a Sharp Decline on Layer 2 Networks

As Ethereum’s Layer 2 solutions become more popular due to their lower transaction fees, Uniswap v2 pools have gained the upper hand over those on the Ethereum mainnet. Base, a Layer 2 solution by Coinbase, is spearheading this shift, accounting for more than 95% of all L2 transactions.

Uniswap v2’s expansion to Layer 2 platforms, including Optimism, Arbitrum, and Polygon, was noted in February. Currently, UNI is trading at $10.53, marking a decrease of 1.66% with a 47% reduction in trading volume.

BDAG’s Strategic Global Marketing Boosts Its Earning Capabilities

BlockDAG has effectively promoted its brand across major global cities such as Tokyo’s Shibuya Crossing and the Las Vegas Sphere. These events showcased BlockDAG’s dedication to scalability and decentralisation, leveraging a mix of Directed Acyclic Graph (DAG) and Proof-of-Work (PoW) consensus mechanisms. This setup promotes quick transaction processing and robust security, preparing BlockDAG to accommodate increasing market demands. These initiatives have played a significant role in achieving over $51.1 million in presale revenue and a notable 1120% surge in price.

During the Shibuya event, BlockDAG also displayed a variety of mining solutions, including the X1 mobile mining app and the X10, X30, and X100 miners, each designed for different mining expertise and investment levels. The X30 Miner, in particular, offers a powerful mining option for both newcomers and seasoned miners. With a hash rate of 280 GH/s and power usage of just 220 watts, the X30 combines efficiency with practicality. Its compact design, low noise output, and advanced ASIC technology make it an appealing investment choice.

The X30 Miner’s profit potential is noteworthy. Currently, it allows investors to earn around $30 daily following the launch of the BDAG coin. Moreover, if the BDAG coin hits $1 by the end of 2024, the profit outlook could significantly increase. Mining 600 BDAG coins daily at this price could yield considerable returns, positioning the X30 Miner as a very profitable investment opportunity.

Key Analysis

While BlockDAG has substantially impacted globally and executed extensive marketing campaigns, Pepe maintains only a niche presence, and Uniswap focuses on technical enhancements rather than broad marketing initiatives. BlockDAG’s dynamic marketing in global hotspots like Shibuya and Las Vegas has contributed to its $51.1 million presale triumph and a 1120% increase in price. Furthermore, the innovative X30 Miner provides a potential daily earning of $30 at launch, marking BlockDAG as a promising investment and a leading cryptocurrency asset for 2024.