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Cryptocurrency News Articles

BlockDAG Emerges as a Promising Cryptocurrency With a 2240% Surge, Targeting Kaspa's Market Share

Nov 16, 2024 at 09:03 pm

Despite Kaspa's notable 130% growth over the past year, it is currently deemed a “strong sell” by market indicators. Similarly, XLM has seen a 27% decline this year, casting a bearish shadow over its future performance. Conversely, BlockDAG (BDAG) has demonstrated a monumental surge of 2240% in just a few months

BlockDAG Emerges as a Promising Cryptocurrency With a 2240% Surge, Targeting Kaspa's Market Share

As the cryptocurrency market experiences a collective downturn, rendering many tokens practically worthless, a select few have managed to not only survive the bear market but also emerge stronger than ever before. Among these standout performers are Kaspa (KAS), Stellar (XLM), and BlockDAG (BDAG).

While both Kaspa and Stellar have shown positive gains of 130% and 27%, respectively, over varying periods of time, BlockDAG has achieved an astronomical surge of 2240% in just a few months. This incredible growth has not only outpaced Kaspa’s annual gain but also significantly broadened its user base, culminating in an impressive 170,000 holders compared to Kaspa’s 38,000.

In addition to garnering substantial attention from cryptocurrency enthusiasts, BlockDAG has also raised over $122 million through its sales thus far. This includes an impressive 15 billion coins sold, leading many to dub BlockDAG the “Kaspa killer.”

To further capitalize on this momentum, BlockDAG has unveiled its BULLRUN100 promotion, offering early supporters advanced access to BDAG coins. This strategic move is particularly advantageous as the platform enters the audit phase following the completion of its mainnet development on November 14 and possible exchange listings.

As both Kaspa and Stellar continue to navigate the turbulent cryptocurrency landscape, BlockDAG appears poised for a promising trajectory with its impressive growth and innovative initiatives. Whether this momentum will culminate in a “Kaspa killer” status and propel BDAG to new heights remains to be seen in the ever-shifting world of crypto.kaspa price today - Despite a challenging month of price dips, Kaspa (KAS) is now charting a fresh path with hints of an upward shift on its price trajectory. Though still in the “negative zone,” a recent uptick suggests a potential breakout may be on the horizon if the momentum continues.

After a notable 130% gain over the past year that has garnered attention and fueled optimism within its community of over 38,000 for a solid finish to Q4, Kaspa is now facing a “strong sell” technical indicator in the Kaspa price forecast, hinting at possible bearish trends ahead.

XLM price today - Stellar (XLM) has grabbed attention with an anticipated short-term increase of 75.53%, potentially reaching $0.164290 per coin within the next five days. Currently priced at $0.094813, it has gained 3.89% in the last 24 hours,踽surpassing the general market's 2.55% rise.

However, its performance against Bitcoin has dropped by -0.70%, and it has faced a challenging year with an overall decline of 27.02%.

News source:www.newsbtc.com

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Other articles published on Nov 17, 2024