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Surge in BDAG Pre-Sales Attracts BCH Investors; Poladot price movements

TokenTalk Staff

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BDAG’s Presale Surge Attracts BCH Investors; Poladot Price Movements

Following the Bitcoin Cash (BCH) halving, there has been an increase in the accumulation of BCH tokens by miners, while the price of Polkadot on the daily chart reveals a period of uncertainty and sideways consolidation. In the meantime, BlockDAG (BDAG) remains at the forefront, showing its potential for 30,000x ROI.

Strengthened by a solid technological framework and user-centric features, all highlighted in the latest version DAGPaper, BlockDAG generated considerable excitement among investors, ultimately raising an impressive $22 million and building on its ongoing pre-sale. With a tantalizing preview of its upcoming keynote video in a moon teaser, BlockDAG emerges as the biggest cryptocurrency to break out in 2024.

Surge in BDAG Pre-Sales Attracts BCH Investors;  Poladot price movements

Bitcoin Cash Investors: Understanding Miners’ Token Accumulation

Before the recent Bitcoin Cash halving, BCH miners were selling around 2 million tokens. However, following the halving, there was a notable increase in the number of miners accumulating tokens, with approximately 110,000 tokens added to their reserves. This post-halving accumulation trend is especially significant for Bitcoin Cash investors.

Bitcoin Cash Investors: Understanding Miners' Token Accumulation

This accumulation trend is especially relevant for Bitcoin Cash investors. After the halving, investors often closely monitor miner stocks to gauge short-term prospects. With Bitcoin Cash (BCH) already witnessing a price rally, there is growing expectation among investors that it could rise further, potentially surpassing the $700 mark.

Analysis of Polkadot price performance and liquidity dynamics

Looking at the daily chart, the uncertainty around $6.5 is notable in Polkadot price. The recent move breached the critical 200-day moving average of $7.1, signaling bearish dominance aimed at the $6.5 support. A breach could lead to a downtrend towards $5.5, while bullish momentum could point to $7.1 and $8.1.

Analysis of Polkadot price performance and liquidity dynamics

Over a 4-hour period, resistance at the Fibonacci levels caused a decline, indicating prevailing bearish sentiment. The $6 support region becomes crucial Polkadot future price prediction. Liquidity analysis in the Binance DOT/USDT pair reveals significant short-term declines, with $6.9 presenting strong resistance due to buy-stop orders. A bullish bounce could target prices above $6.9.

Innovative progress and market impact of BlockDAG

BlockDAG has made great strides with its pre-sales and marketing successes, as noted when it first launched keynote the video went viral, captivating the crypto community. This hype is matched only by the impressive build-up of over $22 million in pre-sales to the current Lot 10, priced at $0.006. BlockDAG saw an increase of $0.001 from the previous batch’s price of $0.005, catching investors’ interest.

Furthermore, BlockDAG is at the forefront of driving blockchain towards a sustainable and efficient future by integrating innovative technology with directed acyclic graphs (DAGs). BlockDAG’s breakthrough is showcased in its DAGPaper, which demonstrates the hybrid system’s ability to address real-time security challenges, scalability and decentralization issues.

Innovative progress and market impact of BlockDAG

Using the DAG framework, BlockDAG achieves an impressive transaction throughput of 10,000-15,000 transactions per second (TPS) without imposing high transaction fees, signaling its potential for an astonishing 30,000x return on investment (ROI).

What sets BlockDAG apart in the cryptocurrency landscape is its commitment to environmental sustainability. This is done by implementing a Proof-of-Work (PoW) consensus mechanism specifically designed for energy efficiency. This optimized use of energy not only reduces BlockDAG’s carbon footprint, but also attracts environmentally conscious investors, making it an exceptional choice in the market.

Conclusion

Simply put, the situation with Bitcoin Cash investors and Polkadot prices embodies volatility and uncertainty. In this context BlockDAG stands out as an exceptionally attractive option. It differentiates itself by strengthening its security measures and securing an impressive $22 million through its ongoing 10th pre-sale phase, with the potential for a 30,000x return. As a result, BlockDAG is quickly establishing itself as the largest cryptocurrency to break out in 2024, offering investors the most attractive investment opportunities.

Blockdag's billion dollar presale goes in now

Join BlockDAG now!

Website: https://blockdag.network

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

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

All investment/financial opinions expressed by NFTevening.com are not recommendations.

This article is educational material.

As always, do your research before making any type of investment.

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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Meme Coin Merger: Presidential Tokens TRUMP and BODEN Collapse in Market Crash – Market Updates Bitcoin News

TokenTalk Staff

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Meme Coin Merger: Presidential Tokens TRUMP and BODEN Collapse in Market Crash - Market Updates Bitcoin News

https://news.google.com/./articles/CBMiaWh0dHBzOi8vbmV3cy5iaXRjb2luLmNvbS9tZW1lLWNvaW4tbWVsdGRvd24tcHJlc2lkZW50aWFsLXRva2Vucy10cnVtcC1hbmQtYm9kZW4tdHVtYmxlLWFta WQtbWFya2V0LXNsdW1wL9IBAA?hl=en-US&gl=US&ceid=US%3Aen

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OpenAI co-founder announces his new company, AI tokens rally

TokenTalk Staff

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OpenAI co-founder announces his new company, AI tokens rally
  • Former OpenAI co-founder Ilya Sutskever announced Wednesday the launch of a new artificial intelligence research lab in the United States.
  • News of the launch of Safe Superintelligence Inc. catalyzed gains in AI-related crypto tokens.
  • The market capitalization of the AI ​​category increased by 12% in the last 24 hours.

Artificial intelligence (AI) crypto token prices rise on Thursday following news that OpenAI’s co-founder has started his own company. Ilya Sutskever, former chief scientist at OpenAI, announced the launch of a security-focused AI research lab in Palo Alto and Tel Aviv, US.

The news comes amid concerns regarding the security aspect of Artificial General Intelligence (AGI), under development at OpenAI.

According to data from CoinGecko, the market capitalization of AI tokens increased by 12% in the last 24 hours.

AI Tokens See Huge Price Gains

AI tokens such as Near Protocol (NEAR), Fetch.ai (FET), Internet Computer (ICP), Render (RNDR), Bittensor (TAO), The Graph (GRT), SingularityNET (AGIX) and Akash Network (AKT) extended gains in recent 24 hours, according to CoinGecko data.

AI tokens

AI tokens

The rally can largely be attributed to the announcement of the new company, Safe Superintelligence Inc. The team consists of former co-founder Ilya Sutskever, American entrepreneur Daniel Gross and Daniel Levy, a research assistant at the laboratory of computer scientist Stephano Ermon . Sutsekever served as chief AI scientist at OpenAI and focused on the “safety” aspect when developing AGI.

The announcement of the fundraising for Artificial intelligence projects from hedge funds and Venture Capital is another catalyst that will likely fuel gains in this token category. Pantera Capital announced on June 19 its decision to invest $200 million in artificial intelligence ventures, according to a report by DLNews.

Major crypto funds are raising $1 billion, of which AI will receive a 15 to 20% investment. This development is another market driver, which is likely to influence investor sentiment towards AI tokens.



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LayerZero’s ZRO token airdrop with mandatory donations is live

TokenTalk Staff

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LayerZero's ZRO token airdrop with mandatory donations is live

“ZRO Claims is live” Source: LayerZero Foundation on X.

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Complaints about LayerZero’s new ZRO token it went live today, but the airdrop mechanic required a 10 cent donation for each token participants wish to receive. This initiative, announced via an X post, binds symbolic statements to direct donations to the Protocol Guild, with the goal of aligning long-term commitment with the LayerZero protocol.

LevelZero underlined the innovative aspect of this approach, stating that, by donating, eligible recipients “show a long-term alignment with the LayerZero protocol and a commitment to the future of cryptocurrencies.”

The foundation will match donations up to $10 million, marking the first instance of mandatory donation for airdrop requests in the cryptocurrency industry.


SapphireSapphire


SapphireSapphire

Reception from the crypto community has been mixed. Some users disapproved of the mandatory donation, while others appreciated the development support. The airdrop will see 85 million ZRO tokens available for distribution, with over 50% reserved for key investors and contributors as part of a three-year vesting program.

Despite some dissatisfaction, LayerZero’s ZRO token is highly anticipated, trading at $4.27 in pre-market futures. It is expected to launch on exchanges like Binance at midday UTC, although it appears that the exchange has done so postponed this at 13:00 UTC.

LayerZero’s airdrop eligibility checker, released the day before, also drew criticism from DeFi users. Many expressed frustration with the small assignments despite significant use of the protocol. The allocation process appeared to favor holders of specific NFTs, such as Pudgy Penguins and Kanpai Pandas, over those with a high number of transactions or Gh0stly Gh0sts NFTs.

Approximately 1.28 million wallets are eligible for the airdrop, with 8.5% of the total community allocation of 23.8% to be distributed initially. The remaining tokens will be distributed over the next three years through various incentives and rewards.

The pre-market valuation for ZRO is $4.50, representing a fully diluted value of $4.5 billion. However, the state of airdrop farming is causing growing frustration among users, with decreasing investment returns and oversaturation of protocols.

Echo.xyz founder Cobie commented on these growing concerns, said: “If you’re a founder, IMO, you’re probably thinking about never doing an airdrop again these days; now the disadvantages are much greater than the advantages.”

LayerZero also received criticism back when asked the farmers of Sybil to self-report. Next up, LayerZero CEO Bryan Pellegrino confirmed that up to 100,000 wallets have self-reported their Sybil activities.

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Will AGIX and OCEAN AI tokens lead the bullish rally with a massive price breakout?

TokenTalk Staff

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Will AGIX and OCEAN AI tokens lead the bullish rally with a massive price breakout?

The Artificial Intelligence (AI) category continues to dominate the cryptocurrency market for the second day in a row, indicating a growing dominance of AI tokens over elite cryptocurrencies in the crypto space.

In particular, Fetch.ai (FET) Price. and Turbo (TURBO) posted the highest gains in the AI ​​category over the past day. Additionally, SingularityNET (AGIX) and Ocean Protocol (OCEAN) have seen similar trends adding over 20% to their respective portfolios, highlighting more bullish action.

With the ongoing bull market, will AGIX and OCEAN prices rise another 30% this month? Let’s go, as in this article we have covered the price analysis and market sentiments for SignularityNET (AGIX) and Ocean Protocol (OCEAN) for this month.

SingularityNET suggests another price hike this month?

After showing bearish price action since the beginning of the month, AGIX price has shown strong bullish price action this week by adding 24.55% to its portfolio in the last 24 hours. Furthermore, the altcoin has increased by 35.02% in the last 2 days, highlighting a greater positive influence.

TradingView: AGIX/USDT

The technical indicator, SMA, shows a positive crossover in the 1D time frame, indicating an increase in buying-selling pressure for the AGIX cryptocurrency in the market.

On the other hand, the Relative Strength Index (RSI) registers a sharp increase below the oversold range, highlighting a growing bullish sentiment in the cryptocurrency sector. Furthermore, the average shows bullish convergence, suggesting that the price will continue to gain value this week.

If AI tokens continue to experience positive influence from the cryptocurrency market, the AGIX coin price will prepare to test its upper high of $1 in the coming times. However, if investors start to take profits, SingularityNET price will plummet towards the lower support level of $0.380.

The OCEAN price records a bullish reversal:

Ocean Protocol price has seen a strong bullish reversal on its price chart below its important $0.5930 level, resulting in a valuation increase of around 35% this week. Furthermore, with the growing positive influence, OCEAN price is expected to continue gaining value this week.

TradingView: OCEAN/USDT

With a trading price of $0.6741, a circulating supply of 1,408,900,141 OCEAN Tokens and a total supply of 1,410,000,000 OCEAN Tokens, Ocean Protocol cryptocurrency has successfully secured the 153rd position on the global list of cryptocurrencies with a market capitalization of $378.332 million.

The moving average convergence divergence (MACD) shows a steady decline in the red histogram, indicating an increase in price action for the AI ​​token in the crypto space. Furthermore, the averages register a high possibility of bullish convergence, suggesting a positive outlook.

If the market is trading with a bullish sentiment, Ocean Protocol price will prepare to test its upper resistance level of $0.9990 this month. On the contrary, if a bearish reversal occurs, the OCEAN cryptocurrency would plummet towards its important support level of $0.5930.

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