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BlockDAG » The Merkle News

22 May 2024
in SHIBA
Reading Time: 4 mins read
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Best Crypto App: BlockDAG Readies X1 Mobile Mining App as Shiba Inu and Pepe Price Rises

Shiba Inu and Pepe are surging in value amidst a market recovery. Investors are backing BlockDAG as the best crypto app to buy. Celebrating its CoinMarketCap listing with an appearance at London’s Piccadilly Circus, BlockDAG has unveiled a new dashboard update. This update introduces new features that enhance the community experience and transparency. BlockDAG is also planning to launch its X1 mobile mining app. 

The mining app has the potential to be the best crypto app, according to industry insiders. BlockDAG’s presale has already raised over $29.3 million, highlighting strong investor interest. With Shiba Inu bullish and PEPE price rising, BlockDAG is positioned as a top contender in the crypto market.

Shiba Inu Bullish Trend: Facts and Figures

Shiba Inu (SHIB) has encountered resistance around the $0.000025 price level. Last week, SHIB briefly crossed this range during a mini rally but soon retreated to an intraday low of $0.00002361. Despite maintaining positive gains over a 30-day period, SHIB is struggling to decisively surpass the $0.000025 mark.

Analysts are confident about Shiba Inu’s potential. Clifton, a Bitcoin analyst, highlighted a bullish pennant on SHIB’s 24-hour chart, suggesting a possible 60% short-term profit. Another analyst, Davie Satoshi, sees SHIB reaching above $0.00005, with some enthusiasts predicting a rise to $0.00015. This bullish sentiment indicates that Shiba Inu could soon break through its current resistance.

PEPE Price Volatility: Key Insights

Pepe (PEPE) experienced a sharp decline on May 18, with the PEPE price dropping over 6% in a single day. At the time of writing, PEPE traded at $0.000009426, with a market capitalization of more than $3.9 billion, making it the 27th largest cryptocurrency. Over 92% of PEPE investors were in profit, prompting many to sell their holdings, thus pushing the price down.

Data from Santiment showed a spike in exchange inflows, indicating increased selling pressure. PEPE’s Social Volume and Weighted Sentiment have both declined, reflecting reduced interest and bearish expectations. The Relative Strength Index (RSI) and Chaikin Money Flow (CMF) also pointed to a continuation of the bearish trend. However, PEPE remains above its 20-day Exponential Moving Average (EMA), which might provide some support against further declines.

BlockDAG: The Next Crypto to Explode

BlockDAG (BDAG) has raised an impressive $29.3 million in its presale, indicating strong investor interest. Priced at $0.008 in its 13th batch, over 9.1 billion coins have been sold. Celebrating its success, BlockDAG recently appeared at London’s Piccadilly Circus, highlighting its growing potential.

BlockDAG’s new dashboard update enhances the community experience with features like real-time announcements, user rankings, wallet balances, and transaction histories. The leaderboard displays the top 30 purchasers, categorized by rank from Crab ($0 – 99) to Whale ($50,000 and above). This transparency and user engagement foster trust and active participation.

The anticipated X1 miner app, aims to transform smartphones into efficient mining devices. Designed for ease of use, it balances energy and data usage, allowing users to earn up to 20 BDAG coins daily. This innovation democratizes crypto mining, making it accessible to a broader audience and positioning BlockDAG as the next crypto to explode.

The Final Line

While Shiba Inu shows promise with bullish indicators and a strong community, and Pepe grapples with profit-taking and bearish sentiment, BlockDAG stands out with its technological innovations, strong presale performance, and transparent community features. BlockDAG has raised $29.3 million in its presale and sold over 9.4 billion coins, showcasing significant investor interest. 

The new dashboard update and the upcoming X1 miner app enhance user experience and accessibility. For those seeking the best crypto app, BlockDAG offers compelling advantages over its competitors, making it a strong contender alongside Shiba Inu bullish trends and fluctuating PEPE price.

Join BlockDAG Presale Now:

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.

Credit: Source link

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