BlockDAG’s New Keynote Sparks Frenzy as Presale Approaches $40.8M, Surpassing VeChain (VET) & ONDO Price Updates

VeChain (VET) is seeing a rise in price and investor interest due to rumours of a possible VeChain ETF. On the other hand, the price of ONDO has fallen by more than 7% in the last 24 hours, facing downward trends despite previous positive signals.

In contrast, BlockDAG (BDAG) has launched its highly anticipated ‘moon-themed’ Keynote 2, featuring significant updates such as the beta release of the X1 Miner app and improvements to its blockchain infrastructure. The excitement generated by these announcements and BlockDAG’s user-friendly low-code/no-code platform has driven presale figures to nearly $40.8 million, with over 10.3 billion coins sold.

VeChain Price Soars Amid ETF Speculation

VeChain (VET) is witnessing a surge in its price and growing investor interest, fueled by speculation about a potential VeChain ETF and its increasing adoption in real-world applications. Recently, VeChain’s price has significantly increased, breaking out of a technical pattern and generating excitement about a possible major price rally.

Analysts suggest that a potential ETF listing could push VeChain’s price past its all-time high of $1. Additionally, VeChain has partnered with the Shanghai Environment Exchange to develop carbon emission management solutions. The recent “The HiVe” event has also drawn attention within the Web3 community, showcasing VeChain’s dedication to innovation and technology.

ONDO Price Declines Amid High Buying Pressure

ONDO has been in the spotlight due to significant price gains, leading to speculation that it could reach $2 soon. However, in the past 24 hours, ONDO’s price has dropped by over 7%, now trading at $1.20 with a market cap of $1.66 billion. Despite a notable rise in the past eleven days, increased buying pressure, and a surge in non-empty wallets to 33,225, the token is experiencing bearish trends.

The sentiment indicates high buying pressure, but its NVT (Network Value to Transactions) and MVRV (Market Value to Realized Value) ratios suggest overvaluation and potential further decline. Analysts predict that if the price falls below $1.14, it could drop to $0.97, though it needs to exceed $1.24 to maintain a rally.

BlockDAG’s Keynote 2 and Revolutionary X1 Mining App

BlockDAG recently launched its moon-themed Keynote 2, sparking significant interest in the project. The presentation introduced crucial updates, including enhancements to the X1 Mining App and the launch of its beta version, advancements in blockchain technology, and plans to unveil BlockDAG’s all-human team and a comprehensive global marketing strategy.

Powered by its innovative Directed Acyclic Graph (DAG) technology, BlockDAG efficiently executes concurrent operations while ensuring disk persistence, improving both speed and security. These updates highlight BlockDAG’s superior scalability and transaction speed, distinguishing it from traditional blockchains. This advancement enables users to mine BDAG coins and boosts earnings in anticipation of the mainnet launch.

Additionally, the keynote introduced updates to BlockDAG’s X1 Miner app, a mobile crypto-mining application now available in beta on both Android and Apple platforms. This app transforms smartphones into efficient BDAG coin-mining devices with an energy-saving algorithm that preserves battery life and data. It features an intuitive interface, a referral system to boost mining rates, and daily engagement incentives, allowing users to mine up to 20 BDAG coins per day, equivalent to $1 at launch. Future modules, including Wallet, Send/Receive, Leaderboard, and Community Section, will further enhance the app’s functionality.

Final Thought

While VeChain (VET) is experiencing a price surge amid speculation around a potential VeChain ETF, the ONDO price has dropped over 7% in the last 24 hours, facing bearish trends. However, BlockDAG is capturing the crypto world’s attention with its moon-themed Keynote 2, driving its presale to new heights.

With BlockDAG’s presale nearing $40.8 million from selling over 10.3 billion coins, the crypto’s rise is driven by its latest keynote presentation and the beta launch of the innovative X1 Miner app. As a result, BlockDAG is emerging as one of the most promising new crypto bull markets.

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Website: https://blockdag.network

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