BlockDAG's Keynote 2 Drives $40.8M Presale Amid Ethereum Dip & BNB Chain Breach

BlockDAG's Keynote 2 Ignites Crypto Community Buz

BlockDAG's latest Keynote 2 is stirring up the crypto community with its innovative Detailed Acyclic Graph (DAG) technology and the launch of the highly anticipated X1 app (beta version). As Ethereum experiences a price downturn and BNB Chain suffers a security breach, BlockDAG's advancements are drawing significant investor attention. Its updated 2024 roadmap boasts critical developments like EVM compatibility and a Mainnet launch set for September. With the presale now accumulating $40.8 million from over 10.6 billion BDAG coins sold, BlockDAG is emerging as the leading crypto presale of 2024.

Ethereum's Continued Decline: What Lies Ahead?

Ethereum's price is on a downward trajectory, currently below the critical $3,800 support level. This recent dip followed its inability to hold above the $3,880 resistance, signaling a potential bearish trend. Currently, Ethereum is trading just above $3,800, with the 100-hourly Simple Moving Average forming a significant resistance point. If Ethereum cannot breach the $3,800 resistance soon, it might face further declines, with immediate support positioned at $3,720 and a deeper fall potentially reaching $3,550. However, a breakthrough above $3,800 could propel Ethereum towards higher resistance levels at $3,900 and $4,000.

BNB Chain Faces $80K Security Breach

The BNB Chain recently encountered a security hack, resulting in a loss of $80,000 in Bitcoin. The breach, identified by the blockchain security firm Cyvers, was suggested to be a test of the network's vulnerabilities by a potentially ethical hacker. The compromised funds were anonymized using Tornado Cash, underscoring the ongoing security challenges within blockchain networks. This incident follows a significant breach at Gala Games, heightening concerns over blockchain security. Ongoing efforts are focused on strengthening security measures to prevent such future incidents, with the community calling for enhanced protocols.

Highlights from BlockDAG's Electrifying Keynote 2

BlockDAG's second keynote, broadcast from the moon, showcased significant tech updates, including the integration of Detailed Acyclic Graph (DAG) technology. This development boosts transaction efficiency and speed by managing concurrent operations and incorporating Proof-Of-Work (PoW) with DAG structures. Additionally, the beta version of the X1 app is now available on Android and Apple platforms.

Moreover, BlockDAG is testing the market with its X10 miners, distributed to influential crypto personalities for upcoming reviews and unboxings. Alongside, the team is enhancing the Blockchain Explorer, aiming to fortify the blockchain infrastructure with improved Blocks and Transactions functionality, Smart Contract Transactions, Token Page, and Asset Balances. 

BlockDAG's 2024 roadmap is laser-focused on advancing blockchain technology, optimizing the BlockDAG Scan, and refining the X1 Miner Application. Planned milestones include the development of a P2P engine, achieving EVM compatibility, integrating Metamask, and launching Devnet and Testnet, all leading up to the Mainnet launch in September. This strategic roadmap is set to bolster a robust, secure blockchain infrastructure.

BlockDAG's presale has seen extraordinary success, quickly advancing from Batch 1 at $0.001 to Batch 16 at $0.0095, raising $40.8 million by selling over 10.6 billion BDAG coins. Additionally, the sale of over 6,800 miners has contributed an extra $3 million.

Last Say

BlockDAG’s pioneering use of DAG technology and the promising X1 app has generated significant investor interest, propelling its presale success amidst Ethereum's pricing woes and BNB Chain's security concerns. The detailed 2024 roadmap, highlighting crucial innovations and the forthcoming Mainnet launch, further solidifies investor confidence. With the presale advancing swiftly to Batch 16 at $0.0095, BlockDAG is poised to transform the blockchain landscape, marking it as the top crypto presale of 2024.

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