Following a sustained period of dedication and innovation, BlockDAG has captivated the market with its lunar-themed Keynote 2, unveiling the beta version of the X1 Miner app. This strategic launch catalyzed a highly successful presale, raising $49.5 million and selling more than 11.4 billion BDAG coins.
Simultaneously, recent analysis of ApeCoin points to a consolidation phase, poised for a notable breakout. Meanwhile, Theta Network is making significant strides in reshaping the video streaming industry with its pioneering decentralized approach, setting new standards for content delivery.
What you'll learn 👉
ApeCoin: Poised for Potential Breakout
ApeCoin remains in a consolidation phase, struggling to find momentum, with its price fluctuating below the mid-dollar mark and barely holding above a dollar.
Despite some bullish setups, the coin has not sustained its gains, hinting at a possible explosive move soon. A double-bottom pattern on the weekly chart could signal a brighter future, with crucial support in the lower dollar range and resistance near the mid-dollar values.
Theta Network: Transforming Video Delivery
Developed by Theta Labs, the Theta Network offers a decentralized alternative to traditional video streaming platforms such as Netflix and YouTube. It consists of the Theta protocol for decentralized video delivery, the Theta blockchain for transactions, and the Theta token for incentivizing users. This setup reduces reliance on centralized servers, boosts reliability, and cuts down on buffering times while enhancing security through advanced encryption and a hybrid consensus mechanism.
BlockDAG’s Keynote 2 Catalyzes a Bullish Surge
BlockDAG recently unveiled its lunar-themed Keynote 2, propelling the platform into a bullish phase with the beta launch of the X1 Miner app for Android and Apple users. This application enhances user engagement and mining efficiency, reinforcing BlockDAG’s commitment to groundbreaking technological advancements. Keynote 2 emphasized the imminent mainnet launch, set to revolutionize the crypto space within the next four months.
During its Devnet phase, BlockDAG improved its peer-to-peer engine, developed a Block & DAG algorithm with EVM compatibility, and nearly finished integrating MetaMask. A Testnet is scheduled for mid-August, with the mainnet expected to launch after any issues are resolved. The presale is showing strong performance, currently generating $500k daily and with prospects of reaching $5 million by its conclusion.
Additionally, BlockDAG has exclusively partnered with Plus Wallet for this launch. The presale is in its 18th batch, priced at $0.0122 per coin, having already raised $49.5 million and sold over 11.3 billion BDAG coins—an impressive 1120% increase from the initial rate.
Final Insights
As BlockDAG concludes its 18th presale batch with an impressive 1120% price surge to $0.0122 per coin, it solidifies its position as a leader in the cryptocurrency world. This surge underscores BlockDAG’s robust infrastructure and strategic innovations.
Exploring the potential of ApeCoin, examining Theta Network’s unique streaming solutions, and observing BlockDAG’s trajectory, it is evident that BlockDAG remains the leading bullish cryptocurrency, poised for continued success and influence.
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