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Cryptocurrency News Articles
Latest Crypto News: BlockDAG’s X Series Miners Hit $6.2M Milestone! BNB Recovers and Tron Shows Positive Signs
Jan 14, 2025 at 08:00 am
As the search for the highest trending crypto in 2025 continues, three cryptocurrencies are standing out this week.
Three cryptocurrencies are making headlines this week as the search for the highest trending crypto in 2025 continues.
Binance Coin (BNB) is putting up a fight at a resistance level around $730, with potential targets of $757, $795, and even $840, depending on the market dynamics. Similarly, Tron (TRX) is maintaining a strong position above crucial support levels, propelled by its active network and token-burning strategy.
In parallel, BlockDAG (BDAG) has set new records by selling over 15,300 miners. Minters are quickly buying up the network’s hardware, drawn to its energy-efficient, low-power mining technology. The X1 app, popular for its efficiency in mining and collecting coins, suggests BDAG could soon hit $1.
Binance Coin (BNB) Target: Signs of Ongoing Recovery
Binance Coin (BNB) has experienced a robust recovery, increasing by 4.32% over the last week, affirming its status as the fifth-largest cryptocurrency. With favorable technical indicators, Binance Coin is challenging a resistance level at around $730.
If it successfully surpasses this barrier, forthcoming Binance Coin target levels are projected at $757 and $795, with the potential to escalate to $840. Conversely, a decline below $705 might indicate a change in market dynamics. As other altcoins exhibit positive trends and Bitcoin approaches the $100K mark, the outlook for Binance Coin remains optimistic.
TRX Price Insight: Increased Network Use Boosts Value
Tron’s current price stands at $0.2691, consistently above its December low of $0.2237. This year, Tron has eclipsed Ethereum in transaction fees, generating over $54 million compared to Ethereum’s $37 million. This growth is driven by increased network usage, including new initiatives like the SunPump meme coin generator and its leadership in the stablecoin market.
The token’s price support is bolstered by its deflationary model, highlighted by the recent burning of over 8 million tokens. Provided that the TRX price maintains above $0.1842, its upward trajectory could continue, potentially reaching $0.40. Should it drop below this threshold, however, the current positive forecast may be jeopardized.
BlockDAG Presale Success: $180 Million Raised as Miner Demand Skyrockets!
BlockDAG’s achievements are setting new benchmarks, currently ranking as the highest trending crypto. In its ongoing presale, it has amassed an impressive $179.7 million, with the mining ecosystem expanding rapidly—over 15,300 miners have been sold, contributing more than $6.2 million to the record-setting presale!
The surge in demand for the X series miners is driven by their energy-efficient and sustainable mining technology. The X1 Mining app, a standout feature, enables users of all skill levels to mine BDAG directly from their mobile devices. The app is compact at just 50 MB and operates efficiently on both Android and iOS platforms, enhancing mining rates without significant battery drain.
Furthermore, BlockDAG’s range of hardware, including the X10, X30, and X100 miners, offers substantial mining capabilities. The X10 can produce up to 200 BDAG per day, the X30 up to 600 BDAG, and the X100 a remarkable 2,000 BDAG daily. These devices are not only power-efficient but also highly lucrative for miners.
With robust presale figures and advanced technology, market analysts believe BDAG could soon reach $1. Currently, the BDAG coins are priced at $0.0248 in batch 27 with early backers already seeing a 2380% ROI since batch 1. As the $1 milestone looms with the upcoming mainnet launch, BDAG’s growth prospects are extraordinary.
Professional miners are increasingly acquiring these devices, anticipating heightened competition as BDAG’s price escalates with each successive batch. Meanwhile, miners are encouraged to utilize the X1 Mining app to start mining and accumulating BDAG coins, strategically positioning themselves for potentially tremendous returns once the mainnet becomes operational.
Wrapping Up!
BNB’s recovery and positive momentum indicate the potential for further gains, with Binance Coin (BNB), targets at $757 and $795, contingent on breaking the $730 resistance. Tron’s (TRX) price remains strong above $0.23, with the potential for a further increase if it sustains above $0.1842.
Yet, BlockDAG stands out as the highest-trending cryptocurrency, evidenced by its $179.7 million presale and advanced technology. As the mainnet launch nears and analysts foresee a potential rise
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- Jan 14, 2025 at 11:45 pm
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