It’s been a pivotal week for altcoins, with significant developments from BlockDAG, SUI, and Helium. SUI is indicating further growth potential following a 20% increase, while Helium has been breaking records with its data revenue achievements.
During its latest AMA, BlockDAG escalated the stakes by announcing a substantial incentive: 300 million BDAG coins per month for early miners. This offer is designed to reward early participation but will decrease as more miners join the network, prioritizing those first to the platform. This announcement has sparked a surge in mining rig sales, with over 12,000 units sold, accumulating $4.8 million in revenue.
SUI Price Poised for a Breakout: Could It Hit $1.16?
After a robust 20% rise, SUI’s current trade value hovers around $0.90, under its previous high of $1.05. Technical indicators suggest a potential breakout might be forming, with key support levels between $0.8500 and $0.8600, presenting viable entry points for long positions. A breakthrough past the $0.9183 resistance could pave the way for reaching $1.16.
Helium Gains Momentum with Record Data Revenue
Helium’s latest updates show a promising increase in price, driven by unprecedented daily data revenues of over $4,000 from mobile services and additional contributions from IoT services.
The rising use of Helium’s network has accelerated token burns, reducing HNT’s overall supply and creating deflationary pressure. Investors should note the RSI at 61.93, indicating potential for further price appreciation, though resistance near $8.49 could pose challenges.
Early Miners Capitalize on BlockDAG’s Generous Coin Rewards
BlockDAG’s recent AMA, led by CEO Antony Turner, highlighted the significant prospects of the X Series miners amidst an already successful presale period. To date, the presale has amassed over $74.5 million, marking it as a standout in cryptocurrency presale history.
During the AMA, a critical announcement was made: BlockDAG has allocated 300 million BDAG coins monthly to reward its earliest miners. However, this pool will diminish as participant numbers increase, emphasizing the importance of timely involvement for optimal gain.
With BlockDAG sitting at $0.0192 in batch 23, early backers have seen returns soar to 1820%. Following the testnet launch, crypto whales are flooding the presale, scooping up massive amounts.
Since the AMA, the response has been overwhelmingly positive, with over 12,066 mining units sold, generating $4.8 million in revenue. With BDAG coins priced at just $0.0192, early miners enjoying a mining rate of 20 to 2,000 BDAG daily stand to gain significantly, especially if BDAG reaches the projected $1 mark by 2025.
As the X Series miners continue to sell rapidly, the window for maximizing returns from the available 300 million BDAG monthly reward is closing swiftly.
The Final Insight
While SUI shows promising signs of further gains and Helium thrives on increased network usage, BlockDAG offers a distinct opportunity with its massive reward pool for miners and an anticipated 30,000x ROI. However, as the demand for X Series miners spikes, the window for maximizing returns is narrowing. Those interested in mining or purchasing BlockDAG should consider the swiftly diminishing availability of the lucrative early rewards.
Learn About BlockDAG – Act Now Before Prices Increase:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
