While Ethereum grapples with its price stagnation at approximately $3,240, facing tough resistance, Theta Network attempts a minor recovery from its recent lows. However, amidst this uncertainty, BlockDAG (BDAG) showcases impressive growth and stability.
Cryptocurrency market news: BlockDAG sales hit $55.2mn with 1300% price rise, while ETH faces resistance at $3,240
BlockDAG sales have reached $55.2 million with a 1300% price increase, while Ethereum faces resistance at $3,240. Theta Network attempts a minor recovery.
BlockDAG sales have reportedly reached $55.2 million with a 1300% price increase, while Ethereum faces resistance at $3,240 and Theta Network attempts a minor recovery from its recent lows.
BlockDAG sales hit $55.2mn with X10 miner boosting crypto mining efficiency
In the realm of cryptocurrency, where market trends can swiftly shift, BlockDAG has emerged as a beacon of stability and promising growth. Its successful presale has captivated the crypto community, attracting investors’ attention with its innovative X10 miner and remarkable sales achievements.
As of its 19th batch, BlockDAG has raised an impressive $55.2 million through its ongoing presale, solidifying its reputation and bolstering investor confidence. Each batch of sales has witnessed a surge in enthusiasm, driving up the BDAG coin prices from $0.001 to $0.014—a staggering 1300% surge.
With the presale advancing towards batch 45, the price is set to reach $0.05, suggesting an extraordinary 30,000x return on investment. The sale of 11.8 billion BDAG coins and 8285 miners, generating sales of $55.2 million, highlights the project's robust appeal and market trust.
A standout feature of BlockDAG is the X10 miner, renowned for its compact size akin to a Wi-Fi extender, which enables the mining of up to 200 BDAG coins daily. The X10 miner's user-friendly, plug-and-play design, combined with its low noise level, makes it an ideal mining tool for home settings.
Running on just 40 watts and built with ASIC technology, the X10 miner is not only power-efficient but also highly profitable, designed to maximize the mining efficiency of BDAG coins. Its scalability and upgrade potential make it perfectly suited for both beginner and expert miners.
Ethereum Price Outlook: Further Declines Possible After Failed $3,450 Breakout
Ethereum’s value continues its downward trend, remaining below $3,320 and recently testing the support near $3,240. It is trading beneath both the $3,400 mark and the 100-hour Simple Moving Average.
The resistance at $3,375 and $3,450 proves challenging. Breaking these could propel the price toward higher resistances at $3,540, extending up to $3,720. Conversely, a failure to breach $3,450 might lead to further declines, finding support at $3,325 and potentially dropping to $3,120.
Theta Network Price Trends: Potential for Recovery After 3-Session, 18% Drop
After a sharp 18% drop in three sessions from $1.30, Theta Network shows signs of an impending recovery, priced at $1.55. It is forming a falling wedge pattern that may lead to a breakout above $2.00, potentially pushing the price up to $2.70 or even $3.00. Positive RSI indicators and a surge in futures contract interests suggest a potential bullish rally.
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