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Ledger Nano X - The secure hardware wallet
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‘Solana Killer’ BlockDAG Sets New Standards in Crypto Mining with X1 Miner Beta Launch as Presale Hits $52.5M; Can XLM Price Catch Up?

21 June 2024
in Mining
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‘Solana Killer’ BlockDAG Sets New Standards in Crypto Mining with X1 Miner Beta Launch as Presale Hits .5M; Can XLM Price Catch Up?
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Stellar (XLM) struggles to gain momentum amid predictions of a price surge, and Solana’s memecoin volume is seeing a significant drop, casting doubts over its stability. In contrast, BlockDAG (BDAG) rises as a standout performer in the crypto market. BlockDAG revolutionizes mobile mining with its X1 Miner app, the beta version now available on both iOS and Android, allowing users to mine BDAG daily with minimal effort.

Moreover, its low code/no code smart contracts democratize blockchain technology, making it accessible to everyone. This innovation sets BlockDAG apart, positioning it as a ‘Solana killer’ and a superior investment opportunity with its ongoing presale surge, gaining over $52.5 million and seeing a striking 1120% value increase since its batch 1.

XLM Price Prediction: Can It Reach $0.24 by 2024?

Stellar (XLM) stands at $0.098265, with a trading volume of $49.07 million and a market cap of $2.85 billion. Despite a 1.07% increase, XLM is still struggling to gain the momentum needed for a significant breakout rally. XLM’s all-time high was $0.930121 in January 2018, but it has since fallen 89% from that peak.

Analysts predict that with renewed interest and strategic developments, XLM might reach around $0.24 by the end of 2024, provided market conditions improve and investor confidence grows.

Solana Memecoins: Recent Declines and Future Outlook

Solana memecoins have captured significant attention. However, recently, the trading volume of these meme coins has significantly declined, prompting investors to explore other opportunities. Solana’s price currently fluctuates between $143 and $178, with a recent trading price of $147.75.

Despite a 14.12% drop over the past week, some analysts predict a potential 53% surge for Solana in June based on historical patterns. Yet, the overall decrease in trading volume raises concerns about the sustainability of Solana’s memecoin market, making investors cautious about its future prospects.

BlockDAG’s Simplifies Blockchain & Mobile Crypto Mining

BlockDAG’s recent advancements in mobile cryptocurrency mining and smart contract development mark a significant leap in democratizing blockchain technology. With the release of the BlockDAG’s X1 Miner app, now available on both iOS and Android, users can seamlessly mine up to 20 BDAG daily. This app, with its small size of 50 MB, provides a smooth, hassle-free download and use, allowing for mining activities without requiring specialized hardware or significant energy consumption. Its innovative Proof-of-Work algorithm ensures no battery drain, making daily cryptocurrency mining a convenient reality for the average user.

Amidst this technological surge, BlockDAG has introduced a groundbreaking feature – low code/no code smart contracts. This development is particularly pivotal as it simplifies the creation and deployment of smart contracts through an intuitive interface that uses pre-built templates. These templates cater to a wide range of applications, from utility to meme tokens, making it incredibly accessible for non-technical users to engage with blockchain technology. Compared to platforms like Ethereum and Solana, BlockDAG’s approach not only lowers the barrier to entry but accelerates the creation and implementation of decentralized apps and tokens.

This blend of mobile mining and simplified contract creation is setting BlockDAG apart, positioning it as a formidable competitor in the blockchain space, often touted as a ‘Solana killer’ in meme coin development. The X1 mining app’s beta launch and its subsequent presale, raising over $52.5 million till batch 18, have already triggered a surge in engagement and investment, heralding a new era where blockchain is truly for everyone.

Final Verdict

In conclusion, while Stellar eyes positive price predictions and Solana meme coins experience market fluctuations, BlockDAG stands out as a transformative force in the crypto market. Its X1 Miner app and low code/no code smart contracts are not just advancements; they are game-changers that democratize blockchain technology.

By making mining accessible through smartphones with X1 mining app and simplifying smart contract creation with low code/no code smart contracts, BlockDAG is poised to lead the way in crypto innovation. Investors and enthusiasts looking for the next significant crypto investment should consider BlockDAG’s ongoing presale, currently gathering over $52.5 million.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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