Hedera

BlockDAG

April

Polygon

Chainlink

Recent market dynamics have seen a rise in Polygon (MATIC) addresses and fluctuations in HBAR crypto prices. Amidst these trends,&nbsp;<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">BlockDAG </a>has emerged as a standout. Interest following its Keynote 2 event, which announced significant updates, has propelled BlockDAG’s presale to $42.6 million and boosted its coin value by 1000%. BlockDAG’s innovative strategy aims to create new crypto millionaires overnight, capturing the attention of investors and analysts.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://cdn.thebittimes.com/images/2024/06/07/1717725310.webp" width="800" height="450" style="display: block; margin-left: auto; margin-right: auto;"></a>
<h2 dir="ltr" id="span-polygon-matic-boosts-gaming-sector-presence-span">Polygon (MATIC) Boosts Gaming Sector Presence</h2>
Polygon (MATIC) has experienced a notable increase in gaming addresses. The "State of Polygon Q1 2024" report by Messari highlights that daily gaming addresses have reached 207,000, and daily gaming transactions have surged by 469% to 734,000, largely driven by the MATR1X FIRE game.&nbsp; Enthusiasts predict Chainlink (LINK) could hit $100 by 2025, reflecting market optimism. LINK's resistance levels are at $20-$21, with support at $17.60-$16.90.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXe9-Zg9ndLxbGIvd0iirPpl15kgslJv5Hbysbt3gTLveaBc_YMIBxB2QZ7UGmsqS-P1OhJE_VX1jWq8dOzdzdCT2VQQ5oG2l6rbbvJH1L5v12LlG0DobjMn1PrK7R4Sgl6E02kegRZTi6jF50sSbA2KN_3i?key=zmFKCvjjyqmJDeMiRLkC-Q" width="602" height="75" style="display: block; margin-left: auto; margin-right: auto;"></a>
<h2 dir="ltr" id="span-hbar-faces-a-sharp-45-decline-span">HBAR Faces a Sharp 45% Decline</h2>
Hedera Hashgraph (HBAR) has recently experienced a steep price drop, despite a 150% surge in April 2024. The crypto fell 45% due to profit booking, declining volume, and high supply inflation. Technical indicators show bearish trends, with the price falling below the 50-day EMA and RSI slipping to 40.42, indicating reduced momentum. The support levels are $0.06800 and $0.090, with resistance at $0.1190 and $0.1610.
<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcYoFHBjLQXf-DrVb_bPQTzszS3Ihn51I_onrtkhurFDy5KCcfosyu_7VByByrpieDFy2qsoedNhyDWDDLfoWoSXs4sJygUlti0XxNYkGGlnia02LUw0KrmEjWKvH-re6mQPaRJ-rf8MIX7MxNTo8vXdmjP?key=zmFKCvjjyqmJDeMiRLkC-Q" width="602" height="432" style="display: block; margin-left: auto; margin-right: auto;">
<h2 dir="ltr" id="span-moon-keynote-drives-blockdag-s-42-6m-presale-span">Moon Keynote Drives BlockDAG’s $42.6M Presale</h2>
Interest in BlockDAG skyrocketed after <a href="https://blockdag.network/keynote" target="_blank" rel="noopener noreferrer nofollow">Keynote 2</a>, significantly driving its presale success. This keynote, broadcast live from the moon, unveiled major announcements that captivated a global audience and boosted investor confidence. The presale, now at $42.6 million with a 1000% price surge from the initial stage, highlights the impact of these updates and growing enthusiasm for BlockDAG’s future.
Keynote 2 revealed key advancements, including updates to BlockDAG's blockchain, particularly the genesis block's role in the Directed Acyclic Graph (DAG) implementation. The genesis block ensures efficient handling of concurrent operations and data integrity, enhancing scalability and transaction security. Additionally, the Proof-Of-Work consensus mechanism with DAG structures improves scalability and security.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdVsH1PrNyMV5ga_IKbG8IeW-Z8qYfApDxwComOsYCyg_mF8mBq4AYBlABVSXQ8_HklVsiaHcpXNZ24Wv4K1bG2obUL4BQV1jZPtqcf7ckwjEUwSBez-LywUyIn2EFZRqw-O1zfyE6YJXhnBowJJIMqj9hv?key=zmFKCvjjyqmJDeMiRLkC-Q" width="602" height="339" style="display: block; margin-left: auto; margin-right: auto;"></a>
BlockDAG has effectively used global landmarks to enhance its visibility, with a dynamic display at London's Piccadilly Circus marking its entry on CoinMarketCap. BlockDAG’s presale has made significant strides, raising $500k daily with projections of reaching $5m daily. The presale is expected to conclude in the next four months before the mainnet launch, showing the growing momentum behind BlockDAG's mission to revolutionize blockchain technology.
These strategic moves have pushed BlockDAG to the top of investment lists, evidenced by a 1000% gain in coin value since the presale began. BlockDAG is on the brink of major growth, with exciting developments in the pipeline. With a $100 million liquidity boost and the imminent launch of its mainnet, the company is set to deliver substantial returns on investment.
<h2 dir="ltr" id="span-concluding-thoughts-span">Concluding Thoughts</h2>
The increased interest in BlockDAG, fueled by Keynote 2 announcements, highlights its potential to transform blockchain technology. With a 1000% price surge and over $42.6M raised in presale, BlockDAG is a formidable player in the crypto space.&nbsp;
As the market evolves with rising Polygon (MATIC) addresses and fluctuating HBAR prices, BlockDAG’s innovative approach and market presence offer promising prospects. For those aspiring to become crypto millionaires, BlockDAG’s developments present a compelling opportunity for substantial returns on investment.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXddzlktlGZV8QWfeJGLvkAxXjBqUOPdLTJ0nh0Cnq3TSWdt7jTBW9faNvDo5ExPfncQf_lppSQHiZu7rFVWSl22dfI5-IoOd4xb8q8vl5vEyyce3_fM7gWo4aFB_O9rJx3lBZiszW0MgAaUKxQiBII3cuKZ?key=zmFKCvjjyqmJDeMiRLkC-Q" 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/why-crypto-millionaires-are-flocking-to-blockdag-after-keynote-2-s-42-6m-presale-polygon-and-hedera-hashgraph-in-trouble-tbt91730.html">https://thebittimes.com/why-crypto-millionaires-are-flocking-to-blockdag-after-keynote-2-s-42-6m-presale-polygon-and-hedera-hashgraph-in-trouble-tbt91730.html</a>

Why Crypto Millionaires Are Flocking to BlockDAG After Keynote 2’s $42.6M Presale: Polygon and Hedera Hashgraph in Trouble?

Table of Contents

TheBitTimes

Other articles published on Jun 7, 2024

Analyst Predicts TRUMP Coin Surge

Investors React to Latest US Economic Data

Whale Activities Influence XRP Price

Bybit Clinched Crypto Exchange of the Year at NBX, The Blockchain Festival of Europe (7 Jun)

Merkle Science CEO: Private Key Leaks, Not Smart Contract Vulnerabilities, Causes More Crypto Losses

IO.NET on Binance Launchpool. Stake BNB and Farm IO

Join our free newsletter for daily crypto updates!