The content and materials featured on this page are for educational purposes only. Kaspa experiences a 1.19% drop after a 25% surge, while Avalanche reduces staking requirements and BlockDAG’s new keynote and X1 Miner app spark an 850% price surge. The Kaspa (KAS) price chart reveals a sudden 1.19% drop after a remarkable 25% increase in the past month.
On the other hand, Avalanche plans to reduce Avalanche (AVAX) Staking requirements to enhance its accessibility. Meanwhile, BlockDAG has finally released its much-awaited moon-shot keynote that discloses critical announcements like roadmap enhancements, global marketing updates, 45 new development updates, the upcoming Mainnet Launch, and more. The launch of the X1 Miner beta app has further made BlockDAG one of the leading altcoins of 2024.
This move by AVAX will likely enable the platform to retain more game development teams. Previously, users had to stake 2,000 AVAX to become validators for the main AVAX layer, making the process highly expensive and inaccessible. By lowering these staking requirements, Avalanche will likely regain its position as a platform for builders alongside growing its portfolio of web3 use cases.
Even though KAS’s price quickly rebounded to $0.1379, it is still down by 1.19%. Enthusiasts and experts debate whether this drop will bring an optimistic outlook for the coin. Crypto commentator MikoGenno believes this drop has propelled KAS into a lucrative eight-month cycle phase, which could potentially help it reach $0.4 in the coming months.
While Kaspa has enjoyed a remarkable yearly performance, a sudden price dip like this one calls for a cautious investment sentiment. Fast-forward to today, the value of BlockDAG has reached the moon. The price of its native coin, BDAG peaked from $0.001 in batch of its presale to $0.0095 in batch 16, revealing a historical 850% surge.
BlockDAG’s Testnet launch, as revealed in the keynote, is scheduled for mid-August and the Mainnet launch will come to fruition within four months. The presentation also reveals BlockDAG’s incorporation of 10 new payment methods, including BNB, ETH, and USDT, to enable smoother presale participation. Lastly, BlockDAG’s attractive community-building initiatives such as the $2m giveaway have further expanded its community.
So far, the platform has sold over 10.7 million BDAG coins and raised over $41.6 million. Based on these milestones, BlockDAG is projected to raise $5 million in daily revenue, with its presale expected to conclude right before the Mainnet launch. Upon launch, one BDAG coin is speculated to reach $1, with many experts predicting a potential 30,000x ROI.
Aside from the sensational moon keynote release, the launch of BlockDAG’s X1 Miner beta app has further expanded the platform’s community. This cloud mining marvel allows everyone, including crypto newbies, to mine up to 20 BDAG coins daily, directly from their smartphones. Available for both Apple and Android, the X1 app is just 50 MB and doesn’t impact the phone’s data or battery.
Currently selling fast at $0.0095 in presale batch 16, BDAG is expected to hit $1 in 2024. Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page.
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