Crypto News: BlockDAG’s X1 Miner App Raises $53M, DOGE Futures Liquidate, BONK Prices Falter

Crypto News: BlockDAG's X1 Miner App Raises $53M, Dogecoin Futures Liquidate, Bonk Prices Falter

Market Sell-Offs and Liquidations

Amidst ongoing market volatility, Dogecoin (DOGE) futures have recently faced significant losses, with over $60 million in long trades liquidated. Bonk (BONK), one of the first Solana memecoins, has also experienced a 19% price decline in the past week.

BlockDAG's X1 Miner App and Low-Code Revolution

In contrast to these market setbacks, BlockDAG (BDAG) has made substantial progress. The launch of its Keynote 1 video at Tokyo's Shibuya Crossing and the introduction of the X1 mobile mining app have significantly boosted its visibility and presale numbers to over $53 million.

The X1 app revolutionizes mobile mining by leveraging smartphones' computational power. Its energy-saving algorithm extends battery life and data usage on both Android and Apple platforms. Users can earn up to 20 BDAG daily, with the potential for increased earnings as the coin's value rises.

BlockDAG's low-code, no-code platform further empowers users to create smart contracts, utility tokens, meme coins, and NFTs without extensive coding knowledge. This accessibility democratizes the development process, fostering innovation and potentially giving rise to the next breakthrough meme coin.

Key Insights

The market sell-offs have taken a toll on Dogecoin futures and Bonk prices. However, BlockDAG's X1 mobile mining app and the empowering low-code platform position it for continued growth.

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