Press Releases

BlockDAG Raises $21.3M From Presale: Moonshot Keynote Dominates Filecoin Price & Mantle Network Growth

The price of Filecoin has experienced a notable recovery, rising from $5.35 to $9.32. In tandem, Mantle Network News unveils a strategic expansion with IntentX, enhancing its ecosystem through a partnership. Meanwhile, BlockDAG captures investor interest with its X1 mining app, labelled as the best crypto mining app. BlockDAG’s total miner sales has surged to $2.3 million, adding to a presale total of over $21.3 million. The recent surge in BDAG price to $0.006 and the anticipation of a 30,000x ROI highlighted by the moonshot keynote teaser further position BlockDAG as a pivotal player in the crypto narrative.

Filecoin’s Recovery: Approaching Key Resistance

After a challenging month with a 32% drop, the Filecoin price has shown promising recovery, climbing from $5.35 to $9.32 in just one week. This rebound is particularly notable as the Filecoin price now approaches the crucial $10 barrier, a level it needs to surpass to capture further market confidence.

Indicators like the RSI and MACD suggest a bullish outlook for the Filecoin price, hinting at potential upcoming gains. According to forecasts, the Filecoin price could reach $13.43 by the end of 2024, illustrating a hopeful trajectory as it seeks to consolidate its position in the market.

Strategic Expansion in the Mantle Ecosystem

The Mantle Network, integral to the Mantle DAO-led web3 ecosystem, is at the forefront of recent developments with its strategic partnership with IntentX. The alliance showcases Mantle Network’s launch of a native perpetual futures exchange, expanding its ecosystem’s services. IntentX, now boasting over 261 trading pairs, offers unprecedented liquidity

In other Mantle Network news, IntentX has been bolstered by significant financial support, receiving a 250,000 $MNT grant from the Mantle Foundation—the largest to date. This grant supports various user incentives, including rebates on trading fees and rewards from the Mantle Blitz Minigame, reinforcing Mantle’s commitment to fostering an engaging and trader-friendly environment.

BlockDAG Excels in Presale, Innovates with X1 Mining App

BlockDAG has made significant strides in the cryptocurrency market, its 10th coin batch pre-sale with a remarkable $21.3 million in revenue, demonstrating robust investor interest. Additionally, the sale of over 5,000 miners has added another $2.3 million to its achievements. This financial success underscores the growing trust and enthusiasm in BlockDAG’s market potential.

The release of the X1 app along with the Shibuya keynote address highlighted its revolutionary approach to crypto mining. The app turns smartphones into efficient mining tools for BDAG coins, utilising an advanced, energy-efficient consensus algorithm to optimise mining without heavy battery or data usage. Users can mine up to 20 BDAG coins daily, making the X1 app a game-changer in mobile mining technology.

Designed with user-friendliness, the X1 app features an easy signup process and a referral system to increase mining productivity. Regular interaction with the app can also boost users’ daily mining yields, with a strong network connection ensuring maximum efficiency. These features together increase the attractiveness of what might be regarded as the best crypto-mining app currently available.

The strategy behind BlockDAG’s mining innovation is detailed in their latest DAGpaper, which proposes a generous miner reward system of 8.22 billion coins. This substantial incentive aims to attract and retain miners, highlighting their crucial role in the network’s security and performance. Coupled with a recent keynote projecting a 30,000x return on investment, BlockDAG sets ambitious goals for reshaping the crypto-mining landscape.

Wrapping Up 

As the Filecoin price recovers impressively and the Mantle Network expands through strategic partnerships, BlockDAG stands out with its X1 app, the best crypto mining app. This development and a substantial $21.3 million presale, highlight BlockDAG’s strong resilience in the cryptocurrency market. With the BDAG price hitting $0.006 and the potential for a 30,000x ROI, BlockDAG solidifies its position as a top crypto investment for 2024.

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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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