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Layer 1 Market Surge: BlockDAG Raises $59.6M In Presale Amid TRON Active Addresses And Kaspa Price Surge

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Feeling uneasy about the unpredictable crypto market? Despite recent downturns in July, some cryptos show great promise. BlockDAG (BDAG) has made headlines with its presale success, raising over $59.6 million and achieving a 1400% price increase from $0.001 to $0.015 in its 20th phase.

TRON (TRX) is on an upward trajectory, with an 11.6% price increase and 2.5 million daily active addresses, indicating growing use. Kaspa (KAS) also saw a 13% surge after Marathon Digital mined $16 million worth of KAS, highlighting its high return potential.

TRON (TRX) Continues to Climb with Increased Adoption

TRON (TRX) has demonstrated strong resilience amid a broader market correction, increasing by 11.6% in the past month to $0.123 and achieving a market cap of $10.73 billion. The number of active addresses on the Tron network has surged to 2.5 million daily, indicating increased adoption and usage. This robust network activity and a bullish trend since November 2023 suggest TRX is poised for further gains.

Technical indicators like the Exponential Moving Average (EMA) and the ADX slope indicate a strengthening bullish sentiment, which could enable TRON to break through the $0.143 resistance level. For investors, TRON’s strong performance and growing user base make it a compelling option for potential returns.

Marathon Digital’s $16M Kaspa Mining Boosts Token Surge

Kaspa (KAS) surged by 13% after Marathon Digital, a leading Bitcoin miner, mined over $16 million worth of KAS to diversify its revenue. This move allows Marathon to benefit from the high margins achievable with Kaspa mining machines, which can reach up to 95%.

Over the past month, the token saw a 26% increase, indicating a strong market outlook. Kaspa now ranks 24th globally, with a market cap of $4.2 billion. The GhostDAG protocol, Kaspa’s key feature, allows for faster transactions by enabling multiple block productions simultaneously. Marathon’s strategic move into Kaspa mining highlights the potential for significant returns, making it an attractive investment opportunity for those looking to diversify their crypto portfolio.

BlockDAG’s Impressive $59.6 Million Presale in 2024

BlockDAG’s ecosystem is gaining significant attention in the crypto world, with its presale already raising over $59.6 million. The project’s value has soared by 1400%, increasing from an initial price of $0.001 to $0.015 in its 20th phase. This impressive growth is largely due to BlockDAG’s innovative low-code/no-code platform, which simplifies the creation of utility tokens, meme tokens, and NFTs.

The platform’s user-friendly interface and customisable templates make it easy for users to launch projects quickly, regardless of their technical skills. This democratises access to blockchain technology, fostering a diverse range of new initiatives. BlockDAG supports decentralised applications with a robust infrastructure, enabling the development of digital art marketplaces, tokenized asset platforms, and other creative applications, thus enriching the blockchain space.

Financially, BlockDAG is thriving, with its ongoing presale raising over $59.6 million and more than 12.2 billion BDAG coins sold. Industry experts and institutional investors see BlockDAG as the next big thing in crypto and predict potential returns as high as 30,000 times the initial investment, highlighting BlockDAG’s extraordinary investment potential.

High Return Cryptos You Can’t Miss

Investing in BlockDAG, TRON, and Kaspa offers significant potential for crypto investors. BlockDAG’s remarkable presale success and cutting-edge platform provide opportunities for substantial returns, supported by its innovative technology and high transaction throughput.

TRON’s strong market performance and growing adoption make it a solid choice, with its increasing user base and positive technical indicators suggesting further gains. Kaspa’s recent surge, driven by Marathon Digital’s strategic mining efforts, highlights its promising future and potential for high returns.

Invest in the BlockDAG Presale Now:

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

11h ago
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