BlockDAG's latest keynote has sparked a 1000% surge in value as Ethereum ETF approval and ALICE's price pump impact the crypto market. #pressrelease
BlockDAG‘s latest keynote has sparked a 1000% surge in value as Ethereum ETF approval and ALICE’s price pump impact the crypto market.
The recent approval of the Ethereum ETF by the U.S. SEC has set the stage for Ethereum to break the $4000 mark, signaling a significant shift toward mainstream acceptance. Meanwhile, MyNeighborAlice (ALICE) saw a price surge after breaking a key resistance level, highlighting its growing momentum.
Amid these developments, BlockDAGs new moon-themed Keynote 2 has captured investor attention with unique updates. Among many other crucial updates, the keynote introduced the X1 Miner app and detailed the upcoming mainnet launch, driving a 1000% price surge with the launch of Batch 17. With the presale rapidly advancing, BlockDAG is poised to be a top crypto in June 2024.
Ethereum ETF expected to push ETH price higher
Following the U.S. SECs approval of the Ethereum Exchange-Traded Fund (ETF), expectations are high for Ethereum (ETH) to surpass the $4000 mark. The approval of an ETF brings significant exposure and legitimacy to Ethereum, allowing more investors to buy and hold ETH directly, similar to traditional stocks.
VanEcks CEO, Jan van Eck, hailed the ETH ETF approval as a monumental achievement in securities regulation. He emphasized that this move would bring clearer regulations and increase investor interest in Ethereum, driving its price upwards. This development marks a major step towards mainstream adoption of cryptocurrencies, making ETH a top crypto to watch in June 2024.
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MyNeighborAlice crypto breaks out
The price of MyNeighborAlice has surged by 25% after breaking a resistance level of $1.4, which had held for over a month. Although no major announcements were driving this surge, a recent $150 contest winner announcement might have bolstered interest in the project.
Since September 2022, ALICE has seen a significant uptrend, gaining nearly 300% before peaking in mid-March. After a 150% dip, the recent breakout could signal the start of another bullish rally, attracting more optimistic traders.
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BlockDAGs keynote 2 shares eye-catching updates
BlockDAG‘s second keynote, streamed ’from the moon, showcased several critical updates. Two notable announcements included the release of the X1 Miner apps beta version and updates on blockchain development.
The keynote revealed that BlockDAG‘s blockchain development has made significant strides, including the implementation of BlockDAG nodes, smart contract transactions, and asset balances. BlockDAG’s mainnet launch, scheduled for the next four months, promises to be a seismic shift in the crypto landscape. The development updates and the presale coin success, as BlockDAG raises $500,000 per day in earnings, underscores the projects momentum.
Moreover, to talk about efficient transactions, BlockDAG‘s Directed Acyclic Graph (DAG) architecture accelerates transaction processing, offering near real-time confirmations. This efficiency is crucial for high-volume, time-sensitive applications. BlockDAG serves as the medium for transaction fees, ensuring the network’s infrastructure is maintained and validators are incentivized.
The network also supports a high transaction throughput of 10,000-15,000 transactions per second (TPS) with low fees and near-instant confirmations. This scalability positions BlockDAG as a formidable technology for digital transactions, providing a decentralized and efficient means for P2P transfers.
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BlockDAG leads crypto revolution
BlockDAG‘s unique technology and strategic roadmap are setting it apart in the crypto market. The Ethereum ETF approval and the surge in MyNeighborAlice price underscore the dynamic opportunities within the industry. As BlockDAG’s presale progresses, raising $45.7 million and reaching Batch 17, priced at $0.011, early investors are positioned for notable gains. BlockDAG is not just participating in the crypto revolution but leading it. BlockDAGs presale success and transformative crypto journey mark it as one of the top cryptos to watch in June 2024.
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