Value

Manta Network

Toncoin

BlockDAG

Celestia

With a distinctive lunar backdrop,&nbsp;<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">BlockDAG</a> recently unveiled major updates in its second major keynote. The keynote went viral, bringing attention to important innovations like the X1 Miner App's beta release, which outperforms conventional cryptocurrency mining technology in terms of efficiency.&nbsp;
Initially priced at $0.0122, BlockDAG's coin has soared, marking a staggering 1122% growth since its first release. These innovations and the success of its presales have clearly positioned BlockDAG ahead of its competition in the market. Meanwhile, the integration with Manta Network has boosted Celestia's value, whereas Toncoin’s increasing value may face potential market corrections due to its rapid rise.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://cdn.thebittimes.com/images/2024/06/18/1718723254.webp" width="800" height="450" style="display: block; margin-left: auto; margin-right: auto;"></a>
<h2 dir="ltr" id="span-toncoin-s-market-performance-amid-concerns-of-overvaluation-span">Toncoin's Market Performance Amid Concerns of Overvaluation</h2>
Throughout 2024, Toncoin (TON) has seen a notable upsurge, establishing it as one of the top cryptocurrencies by market capitalisation. Shiven Moodley, an analyst from CryptoQuant, highlights concerns about Toncoin's possible overvaluation, referring to its Adjusted Sharpe Ratio that points to the risks against returns.&nbsp;
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXe_VMg43WlmLr4wgw910OauEcoGDKcBa7QLf8hOPEpQfOM84PfyeqiHGid8dhFYJEzQgdPma62BI3jBn3xXCETGLUy_w3TXPMZaf3z6vJ92Ozaf9LN33gJ0xueggeeTSQ2E3kWY8p34fVJ7LJ6Hdw4uXKCe?key=uWIdrLHXojhabou6JpfVpw" width="602" height="75" style="display: block; margin-left: auto; margin-right: auto;"></a>
The data reveals that Toncoin’s short-term fluctuations have been more pronounced than its longer-term trends, suggesting a vulnerability to immediate market changes. This volatility, propelled by speculative trading and increased activity on Telegram's DeFi and GameFi platforms, might lead to a price drop. Despite a significant market presence, with a current trading price of $7.38 and showing a mix of weekly gains and daily losses, the speculative nature surrounding Toncoin calls its future market stability into question.
<h2 dir="ltr" id="span-celestia-s-value-rises-with-strategic-partnership-span">Celestia’s Value Rises with Strategic Partnership</h2>
This past week has seen Celestia (TIA) perform exceptionally. On December 3, it traded at $8.47 but surged by December 6 after announcing a partnership with Manta Network. However, the initial excitement slightly diminished, and by December 10, Celestia’s value saw a minor decline.&nbsp;
Analysts remain optimistic, forecasting that Celestia will likely stabilise at around $9.56 by year-end, assuming continued progress with Manta Network. This upward trajectory in Celestia’s market position raises discussions on its future potential in the cryptocurrency arena for 2023.
<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfvh4ALPI7jgxQp9Z2TG86L_hEEaiTWq0juaPFwvGjbcW29QCujp2VEsuBUT4yl-AOknRKLsVtZoMr1sYh00MJ0DDTTDftmSsLdPOIgdoqQt7bBewIJudOJtEeAPnJFJQff2W_jW-Qmqa9gGN5Ay2AanG6f?key=uWIdrLHXojhabou6JpfVpw" width="602" height="370.93197158639765" style="display: block; margin-left: auto; margin-right: auto;">
<h2 dir="ltr" id="span-blockdag-s-keynote-2-x1-beta-miner-app-catalyse-market-excitement-span">BlockDAG’s Keynote 2 &amp; X1 Beta Miner App Catalyse Market Excitement</h2>
During its second major keynote, with a dramatic moon-based theme, BlockDAG introduced several groundbreaking updates. Recognised by Forbes and Bloomberg and supported by prominent figures in the crypto community, the keynote revealed the X1 beta App, enhanced blockchain functionalities, and a commitment to a fully human-operated team.&nbsp;
Highlights from the keynote include the debut of a user-friendly Low-Code/No-Code platform and enhancements in processing multiple transactions simultaneously via DAG technology. A mainnet launch is anticipated four months following a mid-August testnet, with Plus Wallet as a key partner. The presale, offering over 10 payment options, has been a resounding success, with over 11.5 billion coins sold across 18 batches, accumulating over $51.5 million.&nbsp;
Upcoming attractions include a behind-the-scenes documentary, a DOXing video, and a <a href="https://blockdag.network/giveaway" target="_blank" rel="noopener noreferrer nofollow">$2 million reward</a> for 50 early adopters, which has already attracted over 60,000 participants. Furthermore, the beta version of the X1 Miner app, available in the App Store, introduces a revolutionary approach to mobile mining, conserving energy significantly. BlockDAG's advancements overshadow Celestia's gains and pose a competitive challenge to Tron (TRX), with its presale batches quickly selling out and creating a fervent rush among investors.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdghA7l6mItPg-h85Tc7wKwasZ3a8WwIGXUl7N5GXfMk1LLa3bRV8hjPOzQBVCtRzTu5kA-o_YOqfKLT68mbeYcv6lFG5YrD72aKZ53HEv8LNv5sMITDPdBlcFdbF5XMo7IzqTfOcwlqC8_uxnvTRXoExc_?key=uWIdrLHXojhabou6JpfVpw" width="602" height="339" style="display: block; margin-left: auto; margin-right: auto;"></a>
<h2 dir="ltr" id="span-final-thoughts-span">Final Thoughts</h2>
Despite its volatility, the recent spike in Celestia’s value post-Manta Network partnership and the growth of Toncoin underscore pivotal moments in the cryptocurrency market. Nonetheless, the technological leaps and innovative approaches demonstrated in BlockDAG’s second keynote, especially with the X1 Miner beta app, differentiate it from its competitors. With cutting-edge technology, rapid presale success, and a groundbreaking strategy, BlockDAG is generating significant investor interest, promising substantial returns.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdMWojAqgf5m4MQsvNgbzSC4ryMX3RHcsw0yLyCKDQjN7YltKm-inaXJ9sR1yjhisNLGjLYf2hEWt2ddVnh1sXSy-ly3qFcmDVOcv3EHlB976HKq2taCyFZYyPhBHOE8RkCzW6MMRgsUXnTjCvD4P8BjAj2?key=uWIdrLHXojhabou6JpfVpw" 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-latest-keynote-2-release-unveils-innovations-leading-to-a-surge-over-1120-amidst-growing-toncoin-celestia-prices-tbt93413.html">https://thebittimes.com/blockdag-s-latest-keynote-2-release-unveils-innovations-leading-to-a-surge-over-1120-amidst-growing-toncoin-celestia-prices-tbt93413.html</a>

BlockDAG’s Latest Keynote 2 Release Unveils Innovations Leading to a Surge Over 1120% Amidst Growing Toncoin & Celestia Prices

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TheBitTimes

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