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Home»EXCHANGE NEWS»BlockDAG dominates the cryptocurrency market: Beating the price hype of Solana and Aptos, it debuts its miner at Piccadilly Circus.
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BlockDAG dominates the cryptocurrency market: Beating the price hype of Solana and Aptos, it debuts its miner at Piccadilly Circus.

By Crypto FlexsMay 11, 20244 Mins Read
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BlockDAG dominates the cryptocurrency market: Beating the price hype of Solana and Aptos, it debuts its miner at Piccadilly Circus.
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While Solana’s price is poised to surge in a double bottom pattern, Aptos’ native token APT price has remained stable following the unlocking of nearly $32 million worth of tokens.

BlockDAG Piccadilly Circus has once again attracted attention with its amazing display by the miners. This prestigious showcase highlights BlockDAG’s growing influence and appeal in the cryptocurrency space. Let’s take a look at the latest market updates.

Solana expected to rise 20% as investor confidence recovers

Solana’s price is poised for a potential 20% surge as it approaches a breakout of its double bottom pattern. This rise has been largely fueled by renewed interest from institutional investors, as highlighted in a recent CoinShares report that recorded inflows of $4.1 million for the week ending April 26. Solana is regaining momentum and investor confidence after a rocky start to 2024.

Investor confidence in SOL is growing, evident in the improved funding ratios for perpetual contracts. Technical indicators suggest a bullish trend with SOL nearing the key resistance at $156 and targeting $187 if broken. However, it is important to monitor the $138 support level to maintain positive momentum.

Aptos has remained steady amid significant token unlocks, mirroring Bitcoin’s stability.

Despite unlocking 4.54 million APT tokens worth nearly $32 million, Aptos’ native token price has remained stable at around $7 since the recent Aptos token unlocks. Although this represents only 2.2% of APT’s total supply, this event accounts for 38% of the average 30-day volume and could potentially have a negative impact on market price.

However, the impact has been mitigated by Aptos’ plans to expand blockchain capabilities to accommodate tokenized securities and in-game currency. Additionally, APT’s stability reflects Bitcoin’s continued sideways trend as the market braces for potential volatility regarding the upcoming US inflation report.

BlockDAG’s standout exhibition at Piccadilly Circus strengthens global cryptocurrency leadership

Following large-scale events such as keynote Presentation at Shibuya Crossing and DAG paper At the celebration held at the Las Vegas Sphere, BlockDAG once again garnered a lot of attention. This striking exhibition of Piccadilly Circus has further enhanced its reputation and effectively increased its appeal in the global market. This strategic move highlights BlockDAG’s innovative approach and continues to build its reputation as a leader in the cryptocurrency space, generating more interest and engagement from both the community and investors.

Additionally, BlockDAG’s innovative low-code/no-code platform is revolutionizing the blockchain environment by enabling simple smart contract creation. This platform is especially revolutionary for creators interested in NFTs and meme coins. You can launch and manage these digital assets without extensive coding skills.

By simplifying the technical barriers typically associated with blockchain technology, BlockDAG is making it more accessible for more people to participate in the burgeoning NFT and meme coin markets. This approach democratizes the creation process and expands the potential for widespread adoption and innovation in the digital asset space.

main points

Solana and Aptos have proven their robustness and resilience in the cryptocurrency market. Solana’s cutting-edge technology suggests that prices will soon skyrocket. Meanwhile, Aptos continues to attract investor attention through the strategic ‘Aptos Token Unlock’ event, which increases Aptos’ attractiveness and investment potential.

BlockDAG’s recent presence in Piccadilly Circus and its reputation as a “cryptocurrency with 30,000x potential” has significantly increased BlockDAG’s visibility in the cryptocurrency community. Now in its 11th batch, BlockDAG has successfully amassed $24.6 million, highlighting investors’ strong confidence in the innovative platform. BlockDAG’s impressive progress highlights its ability to generate significant revenue, establishing it as a prominent player in the blockchain space with promising growth and profitability prospects.

Participate in the BlockDAG presale:

Website: https://blockdag.network

Pre-sale: https://purchase.blockdag.network

telegram:https://t.me/blockDAGnetworkOfficial

Dissension: https://discord.gg/Q7BxghMVyu


disclaimer: This is a press release provided by the third party responsible for the content. Please do your own research before taking action based on the content.

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