BlockDAG
The SEI price has dropped by 3.91% in the past 24 hours following the distribution of over 27 million SEI tokens. Meanwhile, Aave has proposed launching the Aave Blockchain as a primary network hub for Aave and its native stablecoin GHO.
In contrast, BlockDAG's (BDAG) release of its Moon Keynote 2 has generated worldwide excitement, propelling presale sales to $41.9 million with 10.7 billion coins and over 7,100 miners. The keynote highlights BlockDAG's potential as a leading Layer 1 cryptocurrency, projecting an impressive ROI of 30,000x. With innovative advancements and a rapidly expanding community, BlockDAG is set to revolutionize the crypto market.
The SEI price fell by 3.91% in the past 24 hours, along with a 19.51% drop in trading volume. This decline came after the Sei Foundation's successful v2 upgrade, which resulted in the distribution of over 27 million SEI tokens. The airdrop aimed to reward active participation since the Pacific-1 Mainnet launch but faced criticism regarding fairness.
The foundation established eligibility criteria to address these concerns, excluding addresses with high SEI holdings or large NFT collections. The v2 upgrade brought in sub-second transaction finality and improved scalability, positioning Sei to compete with networks like Monad and Neon.
Aave's proposal suggests launching the Aave Blockchain as a primary network hub for Aave and its native stablecoin GHO, maintaining a multichain and network-agnostic approach for seamless integration across various blockchain ecosystems. The GHO stablecoin could be used to pay gas fees, while the AAVE token would serve as the main staking asset for decentralized validators and sequencers.
This move aims to boost the utility and demand for both tokens. Aave, the largest lending protocol with over $13 billion in TVL, plans to surpass major Layer-2 networks. The crypto community has welcomed this, highlighting a trend of dApps launching dedicated blockchains to enhance interoperability and collaboration.
BlockDAG's sophomore keynote reveals significant strides, earning accolades from Forbes and Bloomberg and garnering support from prominent crypto figures. Key updates include the debut of the X1 App, blockchain enhancements, the announcement of a fully human workforce, worldwide marketing efforts, and roadmap refinements.
The presentation spotlights BlockDAG's DAG technology, which boosts scalability by processing multiple transactions at once. They have introduced a Low Code/No Code platform and aim to release the mainnet four months following the mid-August Testnet. They are currently generating $500k each day, with forecasts suggesting this might soar to $5m daily. The presale is anticipated to conclude in sync with the mainnet debut within four months.
The Lunar Keynote sheds light on the X1 Miner app, now in beta on both Android and Apple platforms. This app turns smartphones into efficient BDAG coin-mining machines using a power-conserving algorithm. It boasts a user-friendly interface, a referral program to increase mining rates, and daily participation rewards. Forthcoming features like Wallet, Send/Receive, Leaderboard and Community Section will boost app utility. Participants can begin mining as much as 20 BDAG daily, valued at $1 upon release.
The SEI price has fallen by 3.91% in the last day after more than 27 million SEI tokens were distributed. On another front, Aave's plan to establish the Aave Blockchain as a central hub for Aave and its native stablecoin GHO is promising but still in the preliminary stages.
In a marked divergence, the release of BlockDAG's Moon Keynote 2 has created worldwide excitement, driving the presale up to $41.9 million by distributing 10.8 billion coins and engaging over 7100 miners. The keynote underscores BlockDAG's stature as a premier Layer 1 cryptocurrency, boasting a potential ROI of 30,000x. With pioneering technologies and a burgeoning community, BlockDAG stands on the brink of transforming the crypto arena, eclipsing both SEI and Aave.
Join BlockDAG Now!
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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