Render navigates volatility with short-term optimism and long-term challenges. VeChain prepares for a significant upgrade with its VeBetterDAO mainnet launch. Meanwhile, BlockDAG‘s new X1 Miner App offers a user-friendly way to mine coins, boasting a successful $57.1 million presale and the sale of 12 billion coins. This article analyses market trends, key developments, and profit opportunities for three compelling tokens.
RNDR Faces Mixed Signals Amid Volatility
Render (RNDR) is in a volatile phase with short-term optimism and long-term technical challenges. Despite a 32% price drop in one month, retail investors are increasing their RNDR holdings. Addresses with 100,000 to 1 million RNDR tokens boosted their balances by 14.54%, and smaller holders increased by 10.8%, reflecting confidence in the token’s potential.
The Market Value to Realized Value (MVRV) Ratio at -20.57% suggests a buying opportunity, pointing to price targets of $8.58 or $9.45. A Bearish Bat Harmonic pattern on the RNDR/USDT daily chart suggests a downturn after a peak near $15 USDT. RNDR is now at $7.49, with pivotal levels at $7.17, potentially rallying to $8.25 or dropping to $6.91.
VeChain’s Upcoming VeBetterDAO Mainnet Launch
VeChain (VET) is poised for a significant transformation with the VeBetterDAO mainnet launch on June 28. This upgrade will introduce new governance structures and rewarding mechanisms, enhancing the ecosystem. Testnet tokens B3TR, VOT3, and GM NFT will migrate to VeChainThor, consolidating into B3TR post-upgrade and streamlining user interactions. The migration, including voting and rewards, will continue until July 8. Users can swap B3TR for VOT3 between June 28 and June 30, with mainnet voting starting July 1. Crypto analyst Yapper highlights VET’s critical support level at $0.024.
BlockDAG X1 Miner App Launches on Apple Store
The BlockDAG X1 Miner App is now available on the Apple Store, enabling users to mine 20 BDAG coins daily using their smartphones. This app uses an energy-efficient consensus algorithm that conserves battery and data. Its user-friendly interface offers easy navigation, a referral system, and daily rewards, making mining a breeze throughout daily activities.
Users can start mining immediately on Devnet with the X1 app, providing a quick and accessible entry point. The mined BDAG coins will migrate to the testnet when it goes live and eventually to the mainnet. With an initial coin price of $0.05, users can earn around $1 daily by mining 20 coins. Predictions suggest the coin value could reach $20 by 2027, increasing daily earnings to $400, and highlighting the app’s profit potential.
The referral program boosts earnings by increasing mining rates based on referred users’ activity. BlockDAG has attracted significant market interest, with a successful $57.1 million presale and the sale of 12 billion coins, positioning it as a promising contender in the next crypto bull run.
Final Say
RNDR shows short-term optimism, with retail investors upping stakes, suggesting potential gains amid possible downturns. VeChain launches the VeBetterDAO mainnet to boost governance and rewards, eyeing a critical $0.024 support for bullish prospects.
Meanwhile, the BlockDAG X1 Miner App, now on the Apple Store, lets users mine BDAG coins efficiently. With an initial coin price of $0.05 and projections of significant value increases, the ROI potential is substantial. The app’s referral program and successful presale of $57.1 million, with the sale of 12 billion coins, further enhance its appeal.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
 volatility, VeChain (VET) upgrades, and BlockDAG's X1 Miner App with a $57.1M presale highlight market trends and profit potential.){kind=link}