BlockDAG Presale Surges to $46.4M, Trends on CoinSniper with No. 1 Rank; Ethereum Trading Rises & Positive Outlook for LINK

BlockDAG Presale Surges to $46.4M, Trends on CoinSniper with No. 1 Rank; Ethereum Trading Rises & Positive Outlook for LINK

Press Releases
June 8, 2024 by Carolyna Mavis
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Ethereum’s trading volumes have recently spiked, highlighting the robust activity across the market. At the same time, projections for Chainlink remain hopeful, given its new partnerships and geographic expansions. Meanwhile, BlockDAG has ascended to the pinnacle of the CoinSniper charts after a meteoric 1000% rise in presale figures following the release of Keynote 2. Impressive
BlockDAG Presale Surges to $46.4M, Trends on CoinSniper with No. 1 Rank; Ethereum Trading Rises & Positive Outlook for LINK

Ethereum’s trading volumes have recently spiked, highlighting the robust activity across the market. At the same time, projections for Chainlink remain hopeful, given its new partnerships and geographic expansions.

Meanwhile, BlockDAG has ascended to the pinnacle of the CoinSniper charts after a meteoric 1000% rise in presale figures following the release of Keynote 2. Impressive overnight fundraising of $3 million has propelled the total presale to $46.4 million, involving the sale of 11.1 billion coins and 7,363 units of the high-performance X30 mining rig, affirming BlockDAG’s status as a leading player in decentralized digital currencies.

Ethereum Trading Volume Indicates Market Re-entry by Retail Investors

Strategists at JPMorgan have noted a significant return of retail investors to the crypto space, particularly boosting major currencies like Ethereum. The firm’s analysis points out that Ethereum’s trading volume has reached an average of $20.7 billion over the past two weeks, suggesting a significant uptick. This rise is reflective of a broader trend over the last six months, showcasing sustained growth in trading volumes across key cryptocurrencies.

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Chainlink Expands Its Reach with Circle Partnership  

Chainlink has enhanced its utility by partnering with Circle, the issuer of the USDC and EURC stablecoins, bridging conventional financial systems with the decentralized finance sector. This collaboration utilizes Chainlink’s Data Feeds and Proof of Reserve, enabling developers to craft dependable financial applications.

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Sandra Persing, Circle’s Vice President, commended the partnership as pivotal for catering to the rising demand for digital financial services. Additionally, Circle is expanding its footprint in Brazil by aligning with local financial giants Nubank and BTG Pactual, bolstering USDC’s integration into the market. Despite fluctuations, Chainlink has seen a price uptick due to significant whale transactions and the approval of Ethereum-based ETFs, with the forecast for LINK remaining favorable.

BlockDAG’s Keynote 2 Propels it to Top CoinSniper Listing

BlockDAG has rapidly built up significant momentum in the cryptocurrency sector worldwide. The recent rollout of its moon-themed Keynote 2 comprehensively briefed the community on new enhancements across the BlockDAG ecosystem. This launch has kindled renewed excitement across the cryptocurrency sphere, markedly boosting BlockDAG’s presale results. As Batch 17 kicked off at $0.011, BlockDAG witnessed a stunning 1000% increase, raising $46.4 million from the sale of 11.1 billion coins and 7,363 mining rigs.

This triumph thrust BlockDAG to the pinnacle of the CoinSniper charts, one of the preeminent crypto databases, following the buzz from Keynote 2. Being a trendsetter in the largest crypto presale pool demonstrates BlockDAG’s escalating stature and the solid confidence it commands among investors. BlockDAG is on track to reach a price of $0.05 at its official debut, which would represent an exponential 4900% growth from its first batch.

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Furthermore, BlockDAG is celebrated by investors for the substantial passive income its ASIC mining rigs produce, having accrued over $3.1 million from these sales. The prominent X30 miner, boasting a 280 GH/s hash rate and sophisticated ASIC technology, achieves optimal efficiency, churning out 600 BDAG coins each day, potentially yielding a daily return of $30 at the initial price.

Final Analysis

As BlockDAG dominates the CoinSniper rankings following its successful Keynote 2, leading to a significant 1000% increase in value, it stands out in the crypto market. While Ethereum’s trading activity intensifies and Chainlink’s market outlook looks bright, BlockDAG’s strategic advancements and significant growth solidify its position as the premier decentralized cryptocurrency looking ahead.

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