BlockDAG’s $52.5M Presale Smash: X1 Miner App Steals Spotlight as Dogecoin Future Sees Liquidation
The post BlockDAG’s $52.5M Presale Smash: X1 Miner App Steals Spotlight as Dogecoin Future Sees Liquidation appeared on BitcoinEthereumNews.com.
The broader market is experiencing sell-offs, as Dogecoin (DOGE) futures recently saw $60 million in long trades liquidated. Similarly, the Bonk price dropped 19% in a week. Meanwhile, BlockDAG (BDAG) is advancing rapidly. The Keynote 1 launch at Tokyo’s Shibuya Crossing and the X1 mobile mining app have significantly boosted its visibility and presale numbers to over $52.5M. With its low-code, no-code platform that allows users to develop utility tokens, meme coins, and NFTs, BlockDAG is set to become a major player in the cryptocurrency market. Bonk Price Drops Amidst Market Volatility Bonk (BONK), one of the first Solana memecoins, saw decreased enthusiasm before its 2023 comeback. Despite a 7.5% increase over the past month, the Bonk price dropped 19% in a week, contributing to its 4% price decline as the crypto market lost nearly 1%. BONK has surged notably in a year, demonstrating resilience and growth potential. The memecoin aims to restore liquidity to Solana, as shown by its 2022 airdrop to the Solana community. With a healthy trading volume of $300 million and potential market recovery, BONK is expected to rebound, possibly reaching $0.000030 in weeks and $0.00005 by year-end. Dogecoin Future Significant Losses Amid Bearish Market Over $400 million in crypto longs were liquidated in the past 24 hours, with Dogecoin futures seeing $60 million in long trades liquidated as DOGE prices dropped over 10%. This was more than the liquidations for bitcoin (BTC) futures, which lost $47 million. The CoinDesk 20 Index dropped 3.4%, reflecting a broader market sell-off and bearish sentiment. Dogecoin futures faced the highest liquidation activity since May 2021, with Huobi experiencing $44 million in liquidations. Overall, the market faced sell-offs due to profit-taking and dollar strength, leading to significant losses in Dogecoin futures. Unlocking Profits with BlockDAG’s X1 Mining App and Low-Code…
Filed under: News - @ June 22, 2024 5:14 am