BlockDAG’s valuation soared to $0.0122 per coin in its 18th issuance, marking an incredible 1120% increase during the presale. This surge was driven by the endorsement of a prominent influencer and the launch of the X1 crypto mining app, which resulted in a total collection of $52.7 million and the distribution of over 11.7 billion BDAG coins. In contrast, Bitcoin Cash experienced a significant drop, hitting a 25-day low, while Cronos faced strong market resistance.
Bitcoin Cash Struggles
Bitcoin Cash recently plummeted to a 25-day low of $447, prompting discussions among traders about its potential as a setback or a turning point. The 16.81% decline from $520, caused by market volatility following the U.S. employment data, raises doubts about its ability to rebound. Historical data suggests that such lows often attract savvy investors, but BCH must surpass the $512 resistance to avoid further setbacks.
Cronos’ Rise to New Heights
Cronos has recently surged past the $0.062 level, rising above $0.070 and establishing itself above the 100-hour simple moving average. Its upward momentum, highlighted by breaking through the $0.065 resistance, indicates a bullish trend. Immediate obstacles are at $0.074, with significant resistance at $0.080 and $0.094. If Cronos fails to overcome these, a fallback to the $0.065 support is possible, despite positive indicators like MACD and RSI pointing upwards.
BlockDAG’s Success Through Influencer Support and Technological Innovation
BlockDAG’s technological and financial achievements have been remarkable. The presale raised $52.7 million and acquired over 11.7 billion BDAG coins, capturing the attention of the crypto world. The 1120% increase to $0.0122 per coin in Batch 18 is largely attributed to influential endorsements and the strategic launch of the X1 mining app, which revolutionizes crypto mining on mobile platforms with efficient and low-energy consumption methods.
BlockDAG has also garnered acclaim from prestigious financial outlets like Forbes and Bloomberg, further establishing its credibility. During its second Keynote, BlockDAG introduced over 54 developmental enhancements aimed at improving user interface and operational efficiency. Its DAG technology implementation enhances scalability by allowing simultaneous transaction confirmations, setting a new benchmark for transaction speed and dependability in blockchain technology.
BlockDAG: Moving Forward with Strong Growth
While Bitcoin Cash faces a decline and Cronos grapples with resistance levels, BlockDAG’s robust growth, driven by influencer support and innovative strategies, sets it apart as a leading choice for investors seeking progressive and lucrative crypto opportunities.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
