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20 Apr 2024

BlockDAG Sells $2.2M Worth of Miners Following Moon Keynote Teaser: Will BDAG Surpass Cardano (ADA) Price and Litecoin Potential?

Amidst fluctuating markets, the Cardano (ADA) price grapples below key thresholds, while Litecoin (LTC) shows potential for recovery despite recent declines. Concurrently, the BlockDAG (BDAG) network captures attention with the moonshot keynote teaser and its innovative X1 miner app, making smartphone mining accessible and efficient.

Adding to its accomplishments, BlockDAG's impressive sale of its 9th batch at a mere $0.005 per coin and earning $2.2 million in miner sales highlights its market strength. It forecasts a promising trajectory in the evolving crypto space.

Cardano (ADA) Price Struggles: Bears Dominate Below $0.52

The Cardano price is currently facing a bearish trend, trading below significant support levels, including $0.52 against the US Dollar. Despite this downturn, there remains potential for a recovery if the Cardano price can overcome resistance at $0.50 and $0.52.

Such a move could propel the price towards higher resistance levels like $0.55 and even $0.60. However, the Cardano price continues to struggle beneath these key thresholds, with current indicators suggesting that the bearish momentum might persist if it remains below the $0.52 mark.

Litecoin Eyes Recovery: Bullish Signals Despite Recent Drop

The current analysis of Litecoin's market dynamics shows bullish signals, suggesting a strong Litecoin potential for a future price increase. This optimistic outlook is tempered by recent bearish trends and a 37.3% drop in price this month.

Despite this downturn, a golden crossover in the daily chart highlights Litecoin's ongoing potential for recovery and growth. These indicators underscore cautious optimism in the market, where strategic support levels and resistance barriers could define Litecoin's short—to mid-term trajectory.

BlockDAG Skyrockets with $18.5M Earned: X1 App Revolutionizes Mining!

BlockDAG has recently grabbed attention with its impressive pre-sale achievements. It secured $18.5 million by fast selling the 9th batch of coins at $0.005 each. Further, it has capitalised on its mining capabilities, selling over 4,760 miners and generating an additional $2.2 million.

The recently released keynote at Shibuya Crossing emphasised the potential of BlockDAG’s X1 app, which transforms smartphones into efficient mining devices for BDAG coins. Using a cutting-edge yet energy-efficient consensus algorithm, the X1 app ensures mining efficiency without draining battery life or consuming excessive data. It helps to earn up to 20 BDAG coins daily.

The X1 interface is crafted for ease of use, promoting an intuitive user experience with a straightforward signup process. It incorporates a referral system to boost mining rates by encouraging users to invite others with a personal code. It rewards daily engagement, where users can enhance their mining output by simply interacting with the app daily. Additionally, once hardware setup is complete, ensuring robust network connections can lead to optimal mining performance, further enhancing the utility of the X1 miner app.