Keynote 2 Showcases BlockDAG’s X10 Mining Innovations, As Presale Nears $50M; Render (RNDR) & Ethereum Classic Market Shifts

Keynote 2 Showcases BlockDAG’s X10 Mining Innovations, As Presale Nears $50M; Render (RNDR) & Ethereum Classic Market Shifts

Press Releases
June 11, 2024 by Carolyna Mavis
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The Render (RNDR) price recently surpassed resistance, hinting at potential growth, while the Ethereum Classic price modestly improved despite a general market slump. Amid these market shifts, BlockDAG presented its second keynote, revealing significant advancements in cloud mining technology.  The highlight was the introduction of the X10 mining rigs, set to revolutionize the sector with
Keynote 2 Showcases BlockDAG's X10 Mining Innovations, As Presale Nears $50M; Render (RNDR) & Ethereum Classic Market Shifts

The Render (RNDR) price recently surpassed resistance, hinting at potential growth, while the Ethereum Classic price modestly improved despite a general market slump. Amid these market shifts, BlockDAG presented its second keynote, revealing significant advancements in cloud mining technology. 

The highlight was the introduction of the X10 mining rigs, set to revolutionize the sector with high-efficiency mining in a compact form. This innovation, part of a broader strategy detailed during Keynote 2, has propelled BlockDAG’s presale earnings close to $48.5 million, signaling robust investor interest and highlighting the potential of this emerging crypto leader.



Render (RNDR) Breaks Resistance, Eyes New Levels

Render (RNDR) recently made a notable move in the market, breaking past key resistance levels detailed by the 100 EMA and the baseline of the 4-hour Ichimoku cloud. This shift has taken the Render (RNDR) price beyond the cloud, challenging the upper boundary resistance at $10.8. A decisive breakout above this point could see the Render (RNDR) price advancing towards the $11.3 to $11.5 range.

The Render (RNDR) price had been closely watched at the $10.2 resistance level, identified as a pivotal point in recent market analyses. With Bitcoin’s potential rise influencing broader market sentiments, Render’s price trajectory appears aligned for further upward movement. Should RNDR retreat below the cloud, however, it could reset to support levels ranging from $9.9 to $10.2. 

Ethereum Classic Navigates Market Fluctuations

The Ethereum Classic price has seen a modest uptick of 3.44%, reaching $29.79 despite a general downward trend over the past week, which saw a 5.0% decline from $31.25. This movement occurs amidst a broader context where the trading volume for Ethereum Classic has fallen significantly by 26%, reflecting changes in investor activity and market dynamics.

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Currently, the circulating supply of Ethereum Classic has increased slightly by 0.44%, bringing it to 148.5.38 million coins, approximately 69.95% of its maximum supply of 210.70 million. Despite these shifts, the Ethereum Classic price remains resilient, with the cryptocurrency holding the #29 spot in market capitalization at $4.39 billion, underlining its enduring presence in the digital asset space. 

BlockDAG’s Rapid Rise: $3M in Hours, Revolutionizing Cloud Mining

BlockDAG has swiftly ascended to prominence within the cryptocurrency community, securing a leading position with its recent presale successes. The project captured widespread attention by raising an astonishing $3 million in just a few hours, a testament to the growing investor confidence and excitement surrounding its potential. The latest keynote presentation, part of this significant fundraising effort, detailed the latest technical advancements.

At the forefront of these advancements is introducing the X10 miners, which are currently undergoing market testing with key crypto influencers. This new mining technology is expected to revolutionize cloud mining, offering high efficiency and substantial output in a compact form. The X10 miners, no larger than a typical Wi-Fi extender, are designed to fit seamlessly into any home setting while delivering up to 200 BDAG daily with a hash rate of 100 MH/s.

Further technical enhancements include upgrades to the Blockchain Explorer. BlockDAG’s team is refining this component, enhancing features like smart contract transactions and asset balance displays. These improvements aim to make the platform more robust and user-friendly, facilitating easier access and greater user transparency.

With these innovative steps, BlockDAG continues to draw significant interest in its ongoing presale, now in its 18th batch with the coin price at $0.0122. This resulted in a remarkable total presale earnings of $48.5 million. This impressive trajectory underscores BlockDAG’s potential as a leading force in emerging cryptocurrencies and cloud mining solutions.

Final Say

While the Render (RNDR) price clears resistance and Ethereum Classic stabilizes amidst market fluctuations, BlockDAG cements its leadership with innovative cloud mining solutions. The X10 mining innovations detailed in Keynote 2 have set the stage for a presale nearing $48.5 million, underscoring its unmatched potential. With substantial advancements and growing investor confidence, now is an opportune time to consider BlockDAG’s robust presale, offering more promise than its counterparts in the ever-evolving crypto landscape.

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