BlockDAG's X1 Miner App Ignites $56.9M Presale Amidst Chainlink & Toncoin's Market Moves

Certain digital assets like Toncoin, Chainlink, and BlockDAG are making significant waves as the cryptocurrency landscape evolves.

As the cryptocurrency landscape evolves, certain digital assets are making significant waves. Among them, Toncoin (TON) , Chainlink (LINK) , and BlockDAG (BDAG) are garnering particular attention in the market.

Toncoin Surges Amidst Crypto Whale Activity

Toncoin (TON) has been rallying in recent times, notching up a gain of over 90% since the beginning of 2024. This strong performance has attracted the attention of large investors, known as crypto whales, who are making substantial purchases of Toncoin.

According to recent reports, these major investors have acquired over 45 million Toncoins, which are valued at approximately $346.5 million at current prices. These large-scale investments are contributing to Toncoin’s bullish momentum as it eyes potential price targets.

Furthermore, Toncoin’s total value locked (TVL) has also surged to reach $700 million, showing an increase of around 20% in recent weeks. This rise in TVL suggests the potential for Toncoin to meet or even surpass its previous all-time high of $8.24.

Adding to these developments, Toncoin has also received regulatory approval in Kazakhstan, which is known for its progressive stance on cryptocurrency adoption. This approval enhances Toncoin’s appeal and could facilitate its broader adoption in the country.

Chainlink Accumulation by Large Holders Continues

Despite a recent price drop, Chainlink (LINK) is seeing increased accumulation by large cryptocurrency holders, according to on-chain data analysis. This trend is characterised by a significant decrease in exchange netflow, indicating that these whales are holding onto their LINK rather than selling it.

The Market Value to Realised Value (MVRV) ratio for Chainlink shows that LINK is currently trading below its historical purchase price, which could present a buying opportunity for investors. This behaviour might suggest investors expect a price rebound, supported by Chainlink’s strong fundamentals and critical role in the blockchain ecosystem.

BlockDAG X1 Miner App Sparks $3.6M in Miner Sales

BlockDAG (BDAG) is set to revolutionise crypto mining with its upcoming X1 Miner App, which is designed for simplicity and environmental friendliness. The app uses proof of engagement to boost mining efficiency while conserving battery life and data usage. This user-friendly design aims to democratise participation in the blockchain space, inviting a broader audience to engage easily.

The X1 Miner App has completed Phase 1, which includes the user interface design, user onboarding, and presale functionality. Soon, the app will be available for both Android and Apple users.

The app will feature a wallet, send/receive modules, and a leaderboard with a community section, which will launch before the mainnet. Users will be able to explore the app’s core functionalities, invite friends, and enhance their earnings.

The X1 Miner App is generating excitement in the crypto-mining industry with its robust capabilities and $3.6 million in miner sales ahead of its launch. This performance highlights the app’s increasing influence and forecasts even greater success, with experts predicting that BlockDAG will reach $100 million in revenue before the mainnet launch. This achievement underscores BlockDAG’s potential as a leading bullish altcoin for 2024.

Moreover, BlockDAG continues to attract investors due to its remarkable stability. Currently, in batch 19, each BDAG is priced at $0.014, showing an extraordinary growth of 1300% from the initial price of $0.001. This rapid increase in value over a few months further highlights the potential of the coin, which has seen an impressive presale, now totalling $56.9 million.

The mentioned projects and digital assets are charting a course towards growth andҝ

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