BlockDAG’s Tokyo Event Drives Presale to $34.7M, Amidst Updates on Toncoin vs. Bitcoin and NEAR Protocol Price Trends
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/BlockDAG/ – As the NEAR and Toncoin face market troubles, BlockDAG’s dynamic presentation in Shibuya has accelerated its presale, reaching a remarkable $34.7 million. This article examines the rivalry between Toncoin and Bitcoin and provides updates on the NEAR Protocol’s market position. BlockDAG’s recent event at Shibuya, a key location in Tokyo known for its heavy foot traffic, played a crucial role in the company’s successful presale, which resulted in the sale of 9.9 billion coins and 6,213 mining rigs.
The launch of a viral keynote video at this event significantly helped in promoting BlockDAG’s integration with leading DeFi exchanges, enhancing the visibility of its lucrative mining opportunities and the introduction of its X30 mining device. Predictions now place BlockDAG’s value at $10 by 2025, highlighting its potential as a top mining and investment crypto.
Toncoin Overcomes Bitcoin’s Growth
In 2024, Toncoin significantly outperformed Bitcoin. With a price surge of over 200% compared to Bitcoin’s 50%, Toncoin shows robust bullish signals, indicated by its Relative Strength Index (RSI) being over 60. Despite its growth, the sentiment among traders towards Toncoin remains largely negative, contrasting with Bitcoin’s more positive market perception.
NEAR Protocol Faces Market Turbulence
NEAR Protocol’s price has seen an uptick, currently trading between $6.71 and $8.68. It faces a significant resistance level at $9.59 and has support at $5.65. Although the RSI points to strong buyer interest, the Stochastic oscillator reading of 86.54 suggests it might be overbought, indicating a possible upcoming correction. The minimal positive movement in its Moving Average Convergence Divergence (MACD) shows only a weak upward trend.
BlockDAG Surges To $34.7 Million In Presale
BlockDAG made a strategic move by showcasing its technologies and partnerships through a keynote video at Shibuya Crossing. This location’s global reach provided the perfect backdrop for their announcement, which helped skyrocket presale figures to $34.7 million.
The keynote also highlighted partnerships with DeFi platforms like Bitget and CoinEx, and introduced a new crypto payment card developed with top banking service providers. This card simplifies transactions with BDAG and other cryptocurrencies, accepted by 38 million merchants worldwide.
The presentation also detailed BlockDAG’s X30 mining device, which stands out with a hash rate of 280 GH/s, enabling it to produce up to 600 coins daily. This performance translates into a daily income of about $30, making the X30 a highly attractive option for miners. Priced at only $600, it offers exceptional value, enhancing its appeal as an investment.
Concluding Thoughts
BlockDAG’s Shibuya showcase and the introduction of the X30 miner have not only increased its presale achievements but also positioned it strongly in the cryptocurrency market. With a predicted price of $10 by 2025, BlockDAG is viewed as a promising investment, securing $34.7 million in presale already. In contrast, despite Toncoin’s performance surpassing Bitcoin, market sentiment towards it is cautious. Meanwhile, the NEAR Protocol is showing signs of strong buying activity, though its future will depend on whether it can overcome resistance levels.
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