The post August 2024 Crypto Market: BlockDAG X1 Miner App Hits 100k Users; NEAR and Dogwifhat Price Growth appeared on BitcoinEthereumNews.com.

Disclaimer: The information presented in this article is part of a sponsored/press release/paid content, intended solely for promotional purposes. Readers are advised to exercise caution and conduct their own research before taking any action related to the content on this page or the company. Coin Edition is not responsible for any losses or damages incurred as a result of or in connection with the utilization of content, products, or services mentioned. As the cryptocurrency market begins to stabilize, BlockDAG, NEAR Protocol, and Dogwifhat (WIF) have emerged as key players to watch. Contributors seeking to mitigate recent losses are turning their attention to these projects, with BlockDAG, in particular, standing out as a top contender for 2024. This rise in prominence is largely attributed to its highly successful presale and rapidly expanding user base. A critical indicator of BlockDAG’s traction is its X1 app, which has now attracted over 100,000 users. This level of engagement is particularly notable, as it highlights BlockDAG’s ability to capture and sustain interest in a crowded market. Meanwhile, NEAR Protocol continues to demonstrate substantial growth, and Dogwifhat (WIF) offers a glimpse of potential recovery, further positioning BlockDAG as a compelling option for those looking to secure significant returns. NEAR Protocol: Analyzing the Growth Trajectory NEAR Protocol’s growth in 2024 has been nothing short of impressive. In the second quarter, the protocol saw a 42% increase in daily active addresses, marking a new high. The surge from 57,130 active addresses in July 2023 to a remarkable 1.97 million—representing a 3,348% increase—speaks volumes about NEAR’s growing adoption and relevance in the market. Moreover, NEAR’s recent initiatives, such as the launch of TokenBridge to enhance cross-chain interoperability with Solana, and the introduction of a governance model favoring larger stakeholders, further solidify its strategic positioning. Despite a recent price dip to…

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Filed under: News - @ August 18, 2024 10:22 pm