The recent keynote address by BlockDAG has generated a lot of interest in the cryptocurrency community. Introducing their new X1 crypto mining app has generated a 1000% increase in interest, surpassing the latest NEAR Protocol updates and overshadowing predictions for Pepe (PEPE) prices. This event has positioned BlockDAG as a top contender in the crypto market.
BlockDAG unveiled a number of significant developments during the keynote, such as enhancements to their blockchain technology, international marketing initiatives, and the beta release of the X1 Miner app. These announcements have significantly boosted presale activities, helping BlockDAG raise over $42.3 million till Batch 17 alone.
NEAR Protocol News: Tokens for Identity
To enhance digital identities in the Web3 environment, NEAR Protocol has introduced NEAR Name Tokens. These tokens make using and recognising complex wallet addresses simpler by converting them into short, easy-to-understand names (like you*near).
They improve interoperability and platform integration by acting as verifiable credentials and infrastructure identifiers. This move demonstrates NEAR Protocol’s dedication to innovation and user-friendly solutions in digital identity and Web3 technologies.
Pepe Price Prediction: Market Faces Ups and Downs
In 2024, Pepe (PEPE) experienced a peak in value, with an all-time high (ATH) of $0.00001750. But now there could be a 10% drop in value. A descending triangle pattern discovered by analyst Crypto Patel points to a potential decline.
Despite this, Pepe may see a 25% recovery following the retracement, according to positive indicators from instruments like the MACD. Investors need to be aware that Pepe’s price fluctuations are inherently volatile.
BlockDAG’s Keynote 2: Unveiling the X1 Crypto Mining App
During its keynote launch, BlockDAG unveiled a number of ground-breaking announcements, such as their intended mainnet launch and ecosystem expansion, which are backed by more than 45 website updates. A significant highlight was the introduction of Low-Code/No-Code tools for decentralised app development, making blockchain technology more accessible to a broader audience. These efforts contributed to the impressive $42.3 million presale success.
The Directed Acyclic Graph (DAG) structure adopted by BlockDAG, which increases scalability and efficiency through parallel transaction processing, was also covered in the keynote. This innovative proof-of-work consensus mechanism allows for simultaneous transaction confirmations, significantly enhancing transaction throughput compared to traditional blockchain models. The comprehensive roadmap and updates showcased BlockDAG’s commitment to transparency and technological advancement.
The community has quickly liked the X1 Miner app beta, which was released on June 3rd, 2024. Available on Android and iOS platforms, the app allows users to mine up to 20 BDAG coins daily with minimal battery consumption. It features a ‘lightning button’ to increase mining rates, fostering community engagement and democratising mining with its sleek design and user-friendly interface.
Final Thoughts
With the release of Keynote 2, BlockDAG has solidified its position as a major participant in the cryptocurrency market. With the release of the top-tier X1 mining app beta version and its innovation-driven approach, BlockDAG has surpassed Pepe price projections and NEAR Protocol updates, making it a top investment choice.
The keynote showcased BlockDAG’s potential to revolutionise the blockchain space with its comprehensive updates, cutting-edge technologies, and user-friendly tools. Investing in BlockDAG’s bright future is highly recommended right now, as the presale is still gaining momentum.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
