Layer 1 Market Rises: TRON Active Addresses Grow and Kaspa Price Holds as BlockDAG Raises $60 Million in Presale
Worried about the unpredictable crypto market? Despite some downturns in July, a few promising cryptocurrencies are gaining attention. BlockDAG‘s presale has been a huge success, raising over $60 million and experiencing a 1400% price increase from $0.001 to $0.015 in its 20th batch.
TRON (TRX) is also on an upward trajectory, with an 11.6% price rise and 2.5 million daily active addresses, indicating growing usage. Kaspa (KAS) has seen a 13% increase after Marathon Digital mined $16 million worth of KAS, highlighting its high return potential.
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TRON’s Rising Momentum and Growing User Base
TRON (TRX) has shown strong resilience despite a broader market correction, climbing 11.6% in the past month to $0.123 with a market cap of $10.73 billion. The number of active addresses on the TRON network has surged to 2.5 million daily, signalling increased adoption and usage. This robust network activity and a bullish trendline since November 2023 suggest that TRX is set for further growth.
Technical indicators like the Exponential Moving Average (EMA) and the ADX slope point to a strengthening bullish trend. TRON could potentially break through the $0.143 resistance level. For investors, TRON’s strong performance and expanding user base make it a compelling option for potential returns.
Marathon Digital’s $16M Kaspa Mining Spurs Token Growth
Kaspa (KAS) saw a 13% increase after Marathon Digital, a leading Bitcoin miner, mined over $16 million worth of KAS to diversify its revenue streams. This strategic move allows Marathon to benefit from the high margins of Kaspa mining machines, which can reach up to 95%.
Over the past month, Kaspa’s token has increased by 26%, indicating a positive market outlook. Kaspa now ranks 24th globally, with a market cap of $4.2 billion. The GhostDAG protocol, a key feature of Kaspa, enables faster transactions by allowing multiple blocks to be produced simultaneously. Marathon’s strategic investment in Kaspa mining underscores its potential for significant returns, making it an attractive option for investors looking to diversify their crypto portfolios.
BlockDAG’s Impressive $60 Million Presale in 2024
BlockDAG is making waves in the crypto industry, with its presale raising over $60 million. The project’s value has skyrocketed by 1400%, increasing from $0.001 to $0.015 in its 20th batch. This remarkable growth is largely due to BlockDAG’s innovative low-code/no-code platform, which simplifies the creation of utility tokens, meme tokens, and NFTs.
The platform’s user-friendly interface and customisable templates allow all technical-level users to launch projects quickly. This democratises access to blockchain technology, encouraging a diverse range of new initiatives. BlockDAG supports decentralised applications with a robust infrastructure, facilitating the development of digital art marketplaces, tokenised asset platforms, and other creative projects, thereby enriching the blockchain ecosystem.
Financially, BlockDAG is thriving, with its ongoing presale raising over $60 million and more than 12.2 billion BDAG coins sold. Industry experts and institutional investors view BlockDAG as a major player in the crypto space, predicting potential returns up to 30,000 times the initial investment, highlighting BlockDAG’s extraordinary investment potential.
Must-See High-Return Cryptos
Investing in BlockDAG, TRON, and Kaspa offers significant potential for crypto investors. BlockDAG’s impressive presale success and cutting-edge platform, supported by its innovative technology and high transaction throughput, provide opportunities for substantial returns.
TRON’s strong market performance and growing adoption make it a solid choice, with its increasing user base and positive technical indicators suggesting further gains. Kaspa’s recent surge, driven by Marathon Digital’s strategic mining efforts, highlights its promising future and potential for high returns.
Invest in the BlockDAG Presale Now:
- Presale: https://purchase.blockdag.network
- Website: https://blockdag.network
- Telegram: https://t.me/blockDAGnetwork
- Discord: https://discord.gg/Q7BxghMVyu
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.