In the last week, XRP has shown strong market optimism despite a slight decline of 1.18%, following a fresh trademark registration labeled “RLUSD.” Concurrently, the price of Polygon’s (MATIC) has climbed significantly within the same timeframe.
Technical predictions indicate a bullish pattern breakout from a symmetrical triangle, suggesting a probable price increase. Conversely, BlockDAG has taken a commanding lead in the cryptocurrency presale arena with its revamped dashboard, which displays significant activity from major investors and improves user experience and transparency.
These enhancements have vaulted BlockDAG into its 16th batch of presales, achieving sales of approximately 10.1 billion coins and 6,459 mining units, including the beginner-friendly X10 miner. With a total of $36 million raised, BlockDAG is positioning itself as the next breakout star in the cryptocurrency space.
What you'll learn 👉
New RLUSD Trademark Bolsters XRP’s Bullish Outlook
Ripple’s introduction of a new trademark, “RLUSD,” marks a significant development towards the debut of its dollar-backed stablecoin. Though not yet officially launched, the trademark filed on May 7 has sparked considerable anticipation within the cryptocurrency community for a potential 2024 release.
This trademark application encompasses a broad range of electronic financial services, notably transactions involving virtual currencies, fueling rumors about the upcoming stablecoin. Ripple has opted for the symbol RLUSD, steering clear of already utilized symbols like “USDX” by Flare Networks and “USDR” by Real USD. Despite a minor recent drop, XRP’s price at $0.5349 reflects an overall bullish trend.
Polygon’s (MATIC) Price Ascends
The price of Polygon (MATIC) has substantially increased in the last 24 hours, riding the wave of a general market upturn that has seen the global market cap rise by 5.48%.
Financial analysts are optimistic about MATIC’s recovery trajectory, with technical analyses supporting a bullish trend from a symmetrical triangle, hinting at potential gains. The ongoing anticipation around the SEC’s verdict on the Ethereum Spot ETF also contributes to the positive market sentiment.
Enhanced BlockDAG Dashboard and X10 Miner Features
BlockDAG’s upgraded dashboard now includes several new features to engage users more effectively and provide deeper insights. At the forefront of the dashboard is the ‘Hot News’ section, presenting the latest updates accessible via the notifications tab.
Additionally, the dashboard allows users to check their current rankings and purchase prerequisites in the ‘Current Rank’ section, manage transactions and balances in the ‘Wallet,’ and view top purchasers in the ‘Leaderboard Preview.’
Recent transaction details are visible in the ‘Last Transactions Preview,’ and the ‘Referral Screen’ tracks referral achievements and earnings, underscoring BlockDAG’s dedication to transparency.
BlockDAG also promotes passive income through efficient mining devices like the X10. This device is designed to fit seamlessly into any home environment, offering the capacity to mine up to 200 BDAG daily, equivalent to $10, with a 100 MH/s hash rate.
The X10 is user-friendly with Wi-Fi and Ethernet connectivity, and includes a power brick, a Type-C cable, and an Ethernet cable. Its low energy consumption of just 40 W and minimal noise output make it an excellent choice for novices and seasoned miners.
Summing Up
As XRP gains momentum from its new “RLUSD” trademark and MATIC’s prices surge backed by bullish technical forecasts, BlockDAG captures the spotlight as a potentially dominant new cryptocurrency in the bull run.
With the latest dashboard enhancements showing significant whale activity and improving user interaction, BlockDAG’s presale continues to excel, raising nearly $36M and selling over 10.1 billion coins along with 6,459 mining devices, including the X10. BlockDAG’s potential appears limitless.
Website | Presale | Telegram | Discord |
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.
