In a week filled with challenges for cryptocurrencies, Polkadot (DOT) has seen fewer people using its wallets, and Hedera (HBAR) has watched its prices fall. As money moves away from well-known coins, BlockDAG has become a favorite choice, outdoing others with its bright future. One key feature that makes it stand out is its X1 Miner app. This app turns smartphones into devices that can create crypto coins, producing 20 BDAG coins a day, which means about $1 daily when it started. This app has helped boost the BlockDAG presale, attracting 100,000 users—a number that even older networks haven’t reached. The success of the X1 app shows BlockDAG’s huge promise as the top crypto to consider for 2024.
Polkadot (DOT) Faces a Tough Time
In July, Polkadot (DOT) saw its value drop by 12%, falling behind while Bitcoin gained 8% and Ethereum dropped 2%. Fewer people are using the network, with the lowest number of transactions since January 2024. New wallet setups dropped by 75% from their highest point in March, and the use of its tech by projects went down by 21%.
However, despite these difficulties, some investors are still hopeful. The number of daily active DOT holders reached a new high at 1,354,554. With 74% of trades aiming for long-term growth, there’s still optimism for Polkadot’s future despite current issues.
Hedera (HBAR) Experiences Price Drops
Over the last two weeks, Hedera’s price has gone down by 10.5%, even though it has formed big partnerships, like with Blade Wallet and Karate Combat, adding 400,000 new accounts in just a week. Blade Wallet helps make starting wallets and apps easier, while Karate Combat uses Hedera’s tech for new products.
Trading at $0.0677, HBAR is much lower than its yearly high of $0.1308. After dropping below the $0.09 mark, its value fell more than 25%. However, a recent increase in buying at the $0.06 level caused a 20% rise in price in four days, though it’s still facing hurdles.
BlockDAG: The Best Crypto to Buy in 2024
BlockDAG is making waves in the cryptocurrency ocean with its standout mining feature, and the X1 Miner app is at the helm. This dynamic app has captured the attention of experts and holders alike by transforming smartphones into cryptocurrency mining machines. Producing 20 BDAG coins each day, it nets about $1 daily from the get-go. The X1 app has turbocharged the BlockDAG presale, which now prides itself on 100,000 users—a tally that seasoned networks dream of, highlighting BlockDAG’s vast potential.
Currently on its 21st release, the BlockDAG presale offers BDAG at $0.017, with sights set on $0.05 by the 45th release. Since its debut, BDAG’s value has catapulted by 1600%, aiming for a breathtaking 4900% increase by its conclusion. The presale has amassed over $66.7 million, reflecting its skyrocketing popularity in the marketplace.
Additional standout features of the network include its robust mining capability and a swift transaction rate of 15,000 TPS, marking it as the most cutting-edge proof-of-work blockchain on the planet. This scalability thrusts BlockDAG into the spotlight as the premier cryptocurrency to watch in 2024, preparing investors for extraordinary long-term rewards.
The goal of reaching a $1 price point for BDAG, up from a modest $0.05 launch price, is nothing short of electrifying. Predictions place BDAG alongside legendary success stories like Dogecoin, Bitcoin, and Kaspa. Such prospective returns position BlockDAG as an unrivaled crypto option, poised for unparalleled growth and lucrative returns for those on board.
The Bottom Line
With the significant ups and downs affecting Polkadot (DOT) and Hedera (HBAR), BlockDAG stands out with its impressive presale results and strong foundation. The X1 Miner app, which turns smartphones into mining machines, making 20 BDAG coins each day, has powered up the BlockDAG presale, reaching 100,000 users. This achievement, along with its innovative features, confirms BlockDAG as the top crypto to buy in 2024, aiming for lasting success and great returns.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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