Ethereum

Rally

Polimec

Polkadot

The SEC’s recent approval of the first spot Ethereum ETF sparked an Ethereum price rally. However, a potential rejection could dampen this momentum. Meanwhile, Polimec has introduced a decentralized funding protocol to democratize early-stage funding for Polkadot ecosystem projects.
In contrast, <a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">BlockDAG</a>’s presale, currently in Batch 15, has amassed $34.7 million, significantly boosted by a viral keynote video launched at Shibuya Crossing. This video showcased BlockDAG’s integration with major DeFi exchange platforms and highlighted lucrative profit opportunities and passive income streams like the X100 mining device. Experts now predict a 30,000x ROI for BlockDAG, making it one of the best cryptocurrencies to invest in.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://cdn.thebittimes.com/images/2024/05/28/1716893448.webp" width="800" height="452" style="display: block; margin-left: auto; margin-right: auto;"></a>
<h2 dir="ltr" id="span-ethereum-price-rally-faces-skepticism-span">Ethereum Price Rally Faces Skepticism</h2>
Ethereum has garnered attention from crypto traders following the SEC’s approval of the first spot Ethereum ETF. Despite the recent Ethereum price rally, skepticism remains. A Sentiment report shows a surge in open interest in Ethereum futures contracts, while CoinGlass data reveals significant open interest in ETH.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-us.googleusercontent.com/-VyI1BNH2Au18dzUbXUT2nAK-3z0ijDCwai1vNTJfWyGvrMRlvxWxx09HMHdwp18Gf61FXuZAinYsJ2UNeYwhXmqOMdmBMoUhZMH7g35atYdoNp0pgWcTQz5T4sPvgZSTK_RhECkmA4hdPrITMN0org" width="602" height="75" style="display: block; margin-left: auto; margin-right: auto;"></a>
However, analysts caution that the hype may be overblown. Despite optimistic projections, there are concerns that the SEC approval might not significantly boost the Ethereum price rally and market enthusiasm.
<h2 dir="ltr" id="span-decentralized-polkadot-funding-protocol-launch-span">Decentralized Polkadot Funding Protocol Launch</h2>
Polimec has rolled out a decentralized funding protocol specifically designed for Polkadot ecosystem projects, to make early-stage funding more accessible through integrated compliance tools. Launched on May 20, the platform prioritizes transparency and community-led compliance, enabling projects to vet investor eligibility. Although Polimec does not take on compliance liability, it provides robust compliance management resources.
Following fundraising efforts, projects distribute tokens to investors, which are then converted to mainnet tokens upon the project's launch. Compliance remains a key concern, particularly in the U.S., where the SEC has scrutinized projects for unregistered securities offerings. Polimec’s inaugural project, Apillon, offers infrastructure solutions for web3 developers, streamlining the development of dApps.
<img src="https://lh7-us.googleusercontent.com/msO7CiDSLs15-1hi3KyQvAF6Uyryc6A4kWebde_isb1CBZMRryT5T5rDona3cNNWCsbPECUIRADtAvWRP9Kjat_M7Ry1fAcDdR8W8kkCUjzHeZAqRkPkCVh9cRr6BGH-RBsj3f8O7kgtGoSz6phpFEo" width="602" height="372" style="display: block; margin-left: auto; margin-right: auto;">
<h2 dir="ltr" id="span-blockdag-s-keynote-showcase-high-powered-miner-x100-span">BlockDAG’s Keynote Showcase &amp; High Powered Miner X100</h2>
BlockDAG has gained significant momentum in the cryptocurrency market, enhancing its visibility with an exclusive keynote video. This video provided detailed insights into its project and products, attracting widespread attention. The keynote was prominently showcased on billboards at Tokyo’s Shibuya Crossing, a globally renowned pedestrian area. This strategic marketing move underscores the power of effective branding in the competitive crypto industry.
The <a href="https://blockdag.network/keynote" target="_blank" rel="noopener noreferrer nofollow">keynote</a> highlighted BlockDAG’s integration with prominent DeFi exchange platforms such as Bitget and CoinEx and introduced its mining devices and a user-friendly crypto payment card. Developed with top banking-as-a-service providers, this card allows effortless spending of BDAG and other cryptocurrencies like Bitcoin, without the need for transaction approvals or intricate KYC procedures. The card is accepted by 38 million merchants worldwide, showcasing BlockDAG’s commitment to innovation.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-us.googleusercontent.com/q_HgEswaL1NO-ErQFm0MPKSz6VNKqi-VuZiyrrqy4HPLiG0tcPf8QuyaSb2ZQqp3BiogJ1D0bOLvllAv32euwydC7ug5NaEyvxNw-X5HHa4uTOJAXWjd_hndEK0cpwGeH2rKmUNPFvo2kjdo4gbsqFU" width="602" height="339" style="display: block; margin-left: auto; margin-right: auto;"></a>
Furthermore, BlockDAG’s keynote showcased its cutting-edge X series ASIC mining technology, emphasizing its dedication to easy and efficient passive income. The highlight was the X100, a powerhouse in cryptocurrency mining with a 2 TH/s hash rate and 1800W power consumption, capable of earning up to 2,000 BDAG daily, equating to $100 at the official launch price. It balances high performance with controlled noise, utilizes advanced ASIC technology for efficient block mining, and offers scalability for evolving needs, making it ideal for serious miners.
<h2 dir="ltr" id="span-wrapping-up-span">Wrapping Up</h2>
With Ethereum’s recent rally, caution is advised as the SEC’s rejection of the spot ETH ETF could deflate the rally. Meanwhile, Polimec aims to democratize early-stage Polkadot funding by launching a decentralized protocol for Polkadot ecosystem projects, providing more accessible and equitable funding opportunities.
Meanwhile, BlockDAG’s keynote presentation at the vibrant Shibuya Crossing propelled its presale to unprecedented levels. In Batch 15, with 10 billion coins and 6,209 miners sold, including the high-performance X100, BlockDAG amassed a striking $34.7 million in revenue. Of this, $2.7 million came solely from miner sales. This outstanding achievement has experts forecasting an astonishing 30,000x ROI potential, firmly establishing BlockDAG as a top-tier investment in the cryptocurrency market.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-us.googleusercontent.com/WWVcanN3QAX-QQRHt9WsNHpE46N6_sC5yGKi1ambrW_OZXBHd-yDTBIRJyDYjbYGg5DqfVI4_iCmUIxUZaB4V-JCHis3-JcBROwp91-AJ5Ri8b23eEI4kpdbioy6_BT-QTV3vy5XIDPLMievcA7fN4c" width="602" height="75" style="display: block; margin-left: auto; margin-right: auto;"></a>Join BlockDAG Presale Now:
Website: <a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">https://blockdag.network</a>
Presale: <a href="https://purchase.blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">https://purchase.blockdag.network</a>
Telegram: <a href="https://t.me/blockDAGnetworkOfficial" target="_blank" rel="noopener noreferrer nofollow">https://t.me/blockDAGnetworkOfficial</a>
Discord: <a href="https://discord.gg/Q7BxghMVyu" target="_blank" rel="noopener noreferrer nofollow">https://discord.gg/Q7BxghMVyu</a>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/blockdag-s-presale-hits-34-7m-amid-viral-keynote-buzz-surpassing-ethereum-price-rally-and-polkadot-funding-tbt90113.html">https://thebittimes.com/blockdag-s-presale-hits-34-7m-amid-viral-keynote-buzz-surpassing-ethereum-price-rally-and-polkadot-funding-tbt90113.html</a>

BlockDAG’s Presale Hits $34.7M Amid Viral Keynote Buzz, Surpassing Ethereum Price Rally and Polkadot Funding

Table of Contents

TheBitTimes

Other articles published on May 28, 2024

Riot makes $950M offer to Bitfarms, Will it accept the takeover?

Experts Pick MoonBag as the Best Crypto Presale in May 2024 as Avalanche and Arbitrum Falter

Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute

Why This Altcoin Is the Talk of the Crypto Community

Bitcoin and Altcoins Experience Price Declines

BlackRock adds own Bitcoin ETF to income and bond funds

Join our free newsletter for daily crypto updates!