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Cryptocurrency News Articles
Helium, Ethereum, BlockDAG: Which Crypto Will Outperform the Market This Month?
Oct 02, 2024 at 12:08 am
Helium's crypto token has been turning heads with its new take on blockchain-driven broadband. Helium aims to make internet access cheaper through decentralized technology. On the other hand, Ethereum has seen some ups and downs. It started at $2,419 on September 15, then fell by 3% over the weekend after an encouraging 15% increase the previous week.
Helium’s (HNT) crypto token has been making waves with its novel approach to blockchain-driven broadband. The platform aims to make internet access more affordable through decentralized technology.
On the other hand, Ethereum has had its ups and downs. It started the week at $2,419 but slipped by 3% following an encouraging 15% increase earlier.
However, signs related to ETH 2.0 staking suggest that holders might be preparing for another round of price increases soon. While Bitcoin cruised past major resistance levels—0.60 and $60,000, respectively—Ethereum struggled to cross the $2,500 mark this weekend.
But that didn’t stop keen traders from taking advantage of the dip, buying ETH at lower prices and getting ready to join the Ethereum 2.0 staking network.
Despite the overall market having a slow start to September, Ethereum had a strong rally last week, thanks to positive economic indicators.
BlockDAG’s Presale Surges Past $78 Million with New Mining Revelation
In the latest Ask Me Anything (AMA) session, BlockDAG CEO Antony Turner dropped a major revelation that might transform the platform’s mining system.
Combining the X10 and X1 miners can ramp up mining efficiency tenfold, positioning it as a major boon for those seeking enhanced productivity. Turner highlighted that this method could boost mining rewards significantly, with projections indicating a potential 20,000x return on investment (ROI) for BDAG over time.
BlockDAG is making its mark in the competitive crypto space by focusing on user-friendly mining tools. The X1 Miner mobile application makes it easy for users to mine up to 20 BDAG coins with minimal effort.
For those looking to mine from home, the X10, X30, and X100 devices offer the potential to mine up to 2,000 BDAG coins a day, depending on the machine used. Each model provides a balance of efficiency and rewards, catering to both novice and experienced miners.
As a prominent Layer 1 cryptocurrency, BlockDAG is making a splash in the presale scene. The company has sold over 5 million ASIC miners, indicating strong demand for PoW mining.
With more than $78 million gathered during the presale, experts foresee impressive returns and estimate the coin’s value to be ranging from $1 to $20. Currently, in batch 23, the coins are priced at $0.0192 each, offering a promising opportunity for a coin expected to outshine Kaspa and Bitcoin.
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- Coin Prices
- Oct 02, 2024 at 06:25 am
- See the latest bitcoin price, ethereum price, dogecoin price, and more cryptocurrency prices.