Price: $0.39514 2.8604%
Market Cap: 58.04B 1.7606%
Volume (24h): 8.91B 0.4%
Dominance: 1.7606%
Price: $0.39514 2.8604%
Market Cap: 58.04B 1.7606%
Volume (24h): 8.91B 0.4%
Dominance: 1.7606% 1.7606%
  • Price: $0.39514 2.8604%
  • Market Cap: 58.04B 1.7606%
  • Volume (24h): 8.91B 0.4%
  • Dominance: 1.7606% 1.7606%
  • Price: $0.39514 2.8604%
Home > Information news > $53.5M Success for BlockDAG’s X1 App as Dogecoin Crumbles & BONK Sinks In June

$53.5M Success for BlockDAG’s X1 App as Dogecoin Crumbles & BONK Sinks In June

Release: 2024/06/26 09:45 Reading: 561

Original author:Optimisus

Original source:https://coinmarketcap.com/community/articles/667b6a65a1a0904912836ab7

$53.5M Success for BlockDAG’s X1 App as Dogecoin Crumbles & BONK Sinks In June

Market Dynamics

Despite recent sell-offs, the cryptocurrency market has witnessed the rise of BlockDAG (BDAG). While Dogecoin (DOGE) futures have faced significant liquidations, BDAG's value has surged. Conversely, Bonk (BONK) has experienced a decline in price amidst market volatility.

Bonk's Market Volatility

BONK, a popular Solana memecoin, has shown resilience in the face of market challenges. Despite a recent 7.5% increase, it has fallen 19% in a week, contributing to the overall decline in the crypto market. However, BONK's strong community support and airdrop program have fostered growth potential.

Dogecoin Futures Losses

The broader market sell-offs have driven liquidations of crypto longs, with Dogecoin futures experiencing $60 million in liquidations. As DOGE prices dropped over 10%, liquidations exceeded those for Bitcoin (BTC) futures, highlighting the bearish sentiment in the market.

BlockDAG's Rise

BDAG has emerged as a major player, showcasing its potential through strategic initiatives like the launch of a low-code, no-code platform and the X1 mobile mining app. The platform empowers users to create utility tokens, meme coins, and NFTs, fostering innovation and democratizing the development process.

X1 App and Global Expansion

BDAG's X1 app has transformed smartphone mining, offering energy efficiency and daily earnings of up to $20 at the launch price. Its strategic marketing, including the display of its keynote video at Tokyo's Shibuya Crossing, has increased visibility and presale numbers to over $53.5 million.

Key Insights

The market sell-offs have impacted DOGE futures and BONK significantly. However, BDAG's innovations and growth trajectory set it apart as a promising investment opportunity. The low-code platform, X1 mobile mining app, and strategic marketing initiatives position BDAG for continued success in the cryptocurrency market.

Presale and Contact Information

Interested investors can participate in the BlockDAG presale at: https://purchase.blockdag.network

For more information, visit: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: This article does not constitute investment advice. Conduct thorough research before making any investment decisions.

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