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Cryptocurrency News Articles
BlockDAG, Neiro Ethereum, and Aptos Are Stirring up Excitement in the Crypto World
Sep 20, 2024 at 08:00 am
As the crypto world braces for the next bull run, recent updates from BlockDAG, Neiro Ethereum, and Aptos are stirring up excitement.
As the cryptocurrency market gears up for the next bull run, several key updates from BlockDAG, Neiro Ethereum, and Aptos are generating excitement among investors.
One of the most significant developments is BlockDAG's $73 million presale, which is setting the stage for the network's upcoming launch. During a recent AMA session, BlockDAG CEO Anthony Turner announced that a total of 75 billion BDAG coins will be allocated as mining rewards.
This massive reward pool will be distributed over time, with early miners standing to earn substantial amounts of BDAG. In the initial phase, miners can expect to earn approximately 300 million coins per month.
As more users join the network, the mining rewards will gradually decrease, creating a golden opportunity for early participants to maximize their earnings.
Moreover, BlockDAG's unique X Series Miners are designed for optimal efficiency, utilizing power supplies that exceed wattage demands for enhanced cooling and performance.
These miners also feature underclocked ASIC chips to maintain stable temperatures while delivering peak computational power for a smooth and profitable mining experience.
Meanwhile, Neiro Ethereum (NEIRO) is also making waves with a 22.09% price increase over the last 24 hours. This surge follows high-profile exchange listings on Binance, OKX, Crypto.com, and HTX, which are boosting investor interest in the 19th largest memecoin with a market cap of $191 million.
After launching on July 29th, the NEIRO token has surged 1263.15%, leading some analysts to speculate that it could reach $1 by 2024 if it experiences another fivefold growth spurt in the coming months.
On the other hand, Aptos (APT) is facing a crucial juncture with 11.31 million tokens—constituting 2.32% of the total supply—being unlocked and hitting the market. This release, valued at $66.05 million, is expected to significantly influence APT's price trajectory as investors assess the impact of the increased token availability.
While Aptos has enjoyed a 3.87% price gain over the past month, this token unlock could introduce selling pressure, potentially threatening these gains.
Analysts are also keeping a close eye on bearish indicators, such as a declining Chaikin Money Flow (CMF), which may indicate weakening support among investors.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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