BlockDAG's Second Major Keynote Spurs an 1120% Increase as Toncoin Value and Celestia Prices Climb

Published: June 18, 2024 at 8:00 pm Updated: June 18, 2024 at 8:21 am

BlockDAG has recently showcased pivotal updates in its second major keynote, which was recorded symbolically from the lunar surface. The event went viral, spotlighting significant advancements such as introducing the beta version of the X1 Miner App, which surpasses traditional crypto mining equipment.

Initially priced at $0.0122, BDAG’s value has skyrocketed, marking an 1122% increase since its first release. The innovation and swift success of the presale have catapulted BlockDAG ahead of its market rivals. Meanwhile, Celestia’s value has escalated following its collaboration with Manta Network, whereas Toncoin’s increase is tinged with potential instability.

Potential Overvaluation Amidst Toncoin’s Ascendancy

Toncoin (TON) has been ascending, gathering considerable gains throughout 2024, and has now positioned itself among the leading cryptocurrencies by market value. Shiven Moodley from CryptoQuant has highlighted a potential overvaluation, pointing to TON’s Adjusted Sharpe Ratio that gauges risk-adjusted returns. Moodley emphasises that TON’s 7-day volatility consistently exceeds its 30-day volatility, showing a high responsiveness to immediate events.

This volatility, spurred by speculative trading and an uptick in Telegram user engagement in the DeFi and GameFi sectors, hints at a potential drop in price. Currently trading at $7.38, TON’s weekly growth is juxtaposed against a 3.36% daily decline. Despite its substantial market cap and trading volume, the speculative basis of Toncoin’s ascent raises concerns about its future stability and viability.

Celestia’s Market Performance Bolstered by Manta Network Alliance

Celestia (TIA) has demonstrated robust performance over the past week. With a trading price of $8.47 on December 3, Celestia’s value jumped by December 6 following the announcement of its integration with Manta Network.

However, the initial excitement soon diminished, with Celestia’s value retracting by December 10. Analysts foresee that Celestia’s value will stabilise and end the year at $9.56, depending on further Manta Network collaboration advancements. This performance sparks discussions on TIA’s potential as a leading cryptocurrency for 2023.

BlockDAG’s Transformative Second Keynote and X1 Miner Beta App

BlockDAG’s second major keynote, dramatically broadcast from the moon, unveiled significant achievements and breakthrough technologies. Acknowledged by major outlets like Forbes and Bloomberg and supported by key figures in the crypto sector, the keynote introduced the X1 beta App, blockchain improvements, and the engagement of a fully dedicated human team.

Key developments include launching a Low Code/No Code platform and enhancements in scalability through DAG technology, which supports simultaneous transaction confirmations. The mainnet is scheduled to go live four months following the testnet debut in mid-August, with Plus Wallet as a key partner. The presale has attracted participants with more than 10 payment options, with BlockDAG having sold over 11.6 billion coins through 18 batches, amassing over $51.4 million. Future releases will include a DOXing video, a development documentary, and a $2M reward for 50 early adopters, attracting over 60,000 entries so far.

Moreover, the X1 Miner app, now in beta on the App Store, introduces a revolution in mobile mining with its energy-efficient technology. BlockDAG’s innovations overshadow Celestia’s rise and pose a challenge to Tron (TRX), with presale batches selling out swiftly. BlockDAG’s cutting-edge technology and market prospects induce a strong fear of missing out (FOMO), eagerly driving investors to secure their positions.

Final Thoughts

The market upsurge following Manta Network’s integration with Celestia and the climb of Toncoin, despite looming volatility, underscore significant market developments.

Yet, BlockDAG’s latest advancements, showcased in its second major event and through the revolutionary X1 Miner beta app, distinctly set it apart from the competition. With advanced technology, rapid presale achievements, and an innovative strategy, BlockDAG generates intense FOMO among investors, promising substantial 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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About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.