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Cryptocurrency News Articles
BlockDAG Raises $36M In Presale With Dashboard Revamp, Surpassing XRP And Polygon’s Price Surge
May 30, 2024 at 10:00 am
In the last week, XRP has shown strong market optimism despite a slight decline of 1.18%, following a fresh trademark registration labeled “RLUSD.”
The cryptocurrency market is experiencing a surge in activity, with several tokens making headlines. XRP price has shown resilience despite a slight decline, while Polygon (MATIC) price continues to soar.
Meanwhile, BlockDAG is emerging as a strong contender in the presale arena with its revamped dashboard and user-friendly X10 miner.
Fresh XRP Trademark Fuels Bullish Outlook
In the latest development, Ripple has filed for a new trademark, "RLUSD," hinting at the upcoming launch of its dollar-backed stablecoin.
Although the stablecoin has not yet been officially announced, the trademark application filed on May 7 has sparked anticipation among the crypto community.
The trademark encompasses a wide range of electronic financial services, including transactions involving virtual currencies, bolstering rumors about the stablecoin.
Among the already existing symbols are "USDX" used by Flare Networks and "USDR" by Real USD. XRP price currently stands at $0.5349, exhibiting a bullish trend despite a recent minor drop.
Polygon (MATIC) Price Surges
In the last 24 hours, Polygon (MATIC) price has witnessed a significant increase, riding the wave of a broader market upturn that has seen the global market cap rise by 5.48%.
As the market recovers, financial analysts are optimistic about MATIC's trajectory.
Technical analysis reveals a breakout from a symmetrical triangle on the lower timeframes, indicating a potential bull flag formation.
This pattern typically suggests an initial sharp price decline, followed by a period of consolidation and ultimately a breakout to the upside, indicating a bullish trend.
Meanwhile, anticipation continues to build around the SEC's verdict on the Ethereum Spot ETF, which is expected to influence market sentiment.
BlockDAG Dashboard Revamp, X10 Miner Features
BlockDAG's upgraded dashboard is now equipped with several new features to enhance user engagement and provide deeper insights into the project.
At the forefront of the dashboard is the 'Hot News' section, presenting the latest updates accessible via the notifications tab.
Furthermore, the dashboard allows users to check their current rankings and purchase prerequisites in the 'Current Rank' section, and manage transactions and balances in the 'Wallet.'
Top purchasers are highlighted in the 'Leaderboard Preview,' while recent transaction details are visible in the 'Last Transactions Preview.'
Additionally, the 'Referral Screen' tracks referral achievements and earnings, underscoring BlockDAG's dedication to transparency.
In other news, BlockDAG continues to promote passive income through efficient mining devices like the X10.
This device is designed to fit seamlessly into any home environment, offering the capacity to mine up to 200 BDAG daily, equivalent to $10, with a 100 MH/s hash rate.
The X10 is user-friendly with Wi-Fi and Ethernet connectivity, and includes a power brick, a Type-C cable, and an Ethernet cable.
Its low energy consumption of just 40 W and minimal noise output make it an excellent choice for novices and seasoned miners.
In Summary
As XRP price gains momentum from its new “RLUSD” trademark and MATIC's prices surge backed by bullish technical forecasts, BlockDAG captures the spotlight as a potentially dominant new cryptocurrency in the bull run.
With the latest dashboard enhancements showing significant whale activity and improving user interaction, BlockDAG's presale continues to excel, raising nearly $36M and selling over 10.1 billion coins along with 6,459 mining units, including the X10. BlockDAG's potential appears limitless.
Join BlockDAG Presale Now:
Website | Presale | Telegram | Discord |
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