Positive Crypto Market Drives FOMO for BlockDAG, Gains $3M in 12Hrs; Uniswap Dips and Tron Price Bearish Trends

BlockDAG Raises $46.9M in Initial Offering Amid Crypto Declines

While the UNI token has experienced a decline due to delays in a fee switch proposal, resulting in a more than 5% drop and extending its downward trend to about 10% over the past week, Tron (TRX) has also not fared well. Its value has decreased, consistently trading below significant moving averages and recently dipping by 3%. 

Amidst these market fluctuations, BlockDAG has made a significant mark with its initial offering, quickly reaching $3 million within just 12 hours and reaching a total of $46.9 million. This raises the question among investors, "Is BlockDAG genuine?" The project’s innovative strategy, notable achievements, and potential for high returns provide strong evidence that it is making BlockDAG a shining light of opportunity in a shaky market.

UNI Token's Value Drops Below $10 After Delay in Fee Switch Vote

The decentralised exchange platform Uniswap has indefinitely postponed its fee switch proposal, causing a significant drop in the UNI token value. Following this delay, UNI's price fell by more than 5%, dropping below $10 and continuing a downward trend that had begun a week earlier. 

This postponement was announced by the Uniswap Foundation on May 31, citing concerns from an unnamed key stakeholder about the need for more comprehensive due diligence due to the permanent nature of the upgrade. The crypto community has largely reacted negatively, with some critics suggesting that the governance process is being unduly influenced by venture capital interests.

Tron (TRX) Faces a Downward Trend – Possibilities of a Turnaround?

Tron, ranked 15th by market capitalisation among cryptocurrencies, has been showing a bearish trend since May 13, consistently falling below critical moving averages. According to CoinMarketCap, TRX has seen a decline of over 6.20% in its previous month's performance. In the last week, the coin has lost 3%, and nearly 2% in the last 24 hours alone. 

Despite this, some technical indicators suggest a potential for price recovery. The decreasing red bars of the MACD and the lower band of the Bollinger Bands hint at a possible price rebound, while the RSI suggests that TRX is currently oversold, potentially presenting a buying opportunity for investors. Nonetheless, unexpected market events could disrupt this forecast, highlighting the need for careful research and risk management.

BlockDAG's Initial Sale Achieves $3 Million in Less Than 24 Hours

BlockDAG's initial sale made a remarkable impact, quickly raising $3 million in less than 24 hours. This rapid accumulation of funds was helped by BlockDAG's top position on CoinSniper’s database and a significant keynote address broadcast from the moon. Additionally, promotional activities at major global locations like Shibuya Crossing in Tokyo, the Sphere in Las Vegas, and Piccadilly Circus in London have significantly enhanced its visibility and bolstered investor confidence. 

The initial offering's progress is notable, with Batch 17 priced at $0.011, showing a massive 1000% increase from the initial price of Batch 1 at $0.001. To date, BlockDAG has raised $46.9 million by selling 11.2 billion BDAG coins and has garnered $3.2 million from sales of 7,400+ miners. These achievements underscore the growing influence of BlockDAG and the rising interest from the investment community.

BlockDAG stands out with its array of revenue possibilities, including mobile mining for rewards using smartphones, specialised ASIC-based X series mining units, and the option to resell these units. The referral rewards program and exclusive initial sale opportunities further enhance its attractiveness as a promising investment. 

Opportunity in the BlockDAG Initial Offering

While both UNI token and Tron struggle with market challenges, BlockDAG is advancing with impressive initial sale figures and groundbreaking milestones. The project’s capacity to quickly raise $3 million in just 12 hours underlines its potential and growing confidence among investors. So, is BlockDAG real? Definitely. 

The project offers passive income opportunities, including mobile mining and referral rewards, making it an attractive investment. As BlockDAG continues to build momentum, it serves as a promising example in the cryptocurrency world. For those using a Bitcoin mining calculator to evaluate profitability, BlockDAG's innovative approach and initial sale success provide strong reasons to consider it as a worthwhile investment.

Invest in the BlockDAG Presale Now:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu