The post BlockDAG Tops CoinSniper: Cardano Decentralizes & Bonk Rebounds appeared on BitcoinEthereumNews.com.

BlockDAG Raised $50.6M & Tops CoinSniper with 1120% Surge, While ADA Forwards in DeFi  and Bonk Rebounds Cardano is gaining attention as it moves closer to full decentralisation, promising strong governance. Bonk has amazed with a 9,000% increase over the past year and shows signs of a rebound. Meanwhile, BlockDAG (BDAG) is leading the pack, topping CoinSniper with an 1120% value increase to $0.0122 in Batch 18 and raising $50.6 million from over 11.5 billion coins sold. Miner sales have also been exceptional, with 7,814+ miners sold, generating over $3.3 million. BlockDAG’s Low Code/No Code platform makes it a top choice for future investments, appealing to those seeking stable opportunities. Cardano Network Enters Final Decentralization Phase According to co-founder Charles Hoskinson, the Cardano network is nearing the final phase of its journey to become a fully decentralised blockchain ecosystem. In a recent X post, Hoskinson stated that the first step involves upgrading the validating node software operated by stake pool operators (SPOs) to the latest version. This will be followed by a hard fork, transitioning the blockchain to a backward-incompatible version, ushering in the Voltaire era. Once complete, Cardano will be entirely community-run, featuring advanced blockchain governance, annual budgets, a treasury, and community guidance. This new phase will allow ADA token holders to vote on proposals, further enhancing the ecosystem’s decentralised nature and community involvement. Bonk Price Dips 2%, Signals Potential Rebound Bonk’s price dropped 2% today to $0.00002761, coinciding with a slight 0.3% decline in the overall crypto market. Despite a 20% decrease in the past week and 27% in the past two weeks, the Solana-based meme token has maintained a 19% gain over the past month and an impressive 9,000% rise over the past year. This performance makes Bonk one of the best-performing top-100 coins in the last…

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Filed under: News - @ June 16, 2024 2:06 am