Chainlink’s price experienced a significant surge this week, driven by the news of Ether’s ETF. Meanwhile, Fantom holders are seeking to diversify their portfolios and invest in safer options with a high potential for return on investment. One such option is BlockDAG, which has seen a remarkable increase in its presale, raising $34.2 million and selling over 9.9 billion coins in record time.
BlockDAG’s success can be attributed to its recently unveiled updated dashboard, which provides detailed information on whale activity and regular Dev Releases that keep the community informed and promote transparency. Experts are predicting a 30,000x return on investment for BlockDAG, positioning it as one of the top crypto presales of 2024.
Fantom holders, on the other hand, are seeking a safe haven amidst the price volatility. Although Fantom experienced market increases from mid-January to March 23rd, it is currently trading at $0.84. Analysts believe that the price rise was driven by strong whale activity and increased network interaction, and they have set a price target of $1.60 for the year. However, Fantom holders are uncertain about the sustainability of the bullish momentum and are looking to diversify their portfolios.
Similar to Fantom, Chainlink’s price surged this week following the news of the Ether ETF. The token managed to escape key moving averages, triggering short covering. However, at the time of writing, Chainlink saw a 1.89% drop within a day, indicating a neutral stance. Analysts remain neutral and suggest a potential retest of the $20 mark. The daily charts show a base buildup near the $13 mark, and breaking above $20 would confirm an uptrend. The RSI is currently in the overbought zone with a positive crossover, but bears may still dominate.
BlockDAG’s updated dashboard offers enhanced functionality, with a focus on transparency, whale activity insights, and easy rank tracking. The dashboard includes features such as the ‘Leaderboard’ page, ‘My Transactions,’ ‘Live Transactions,’ and the ‘Profile’ page. On the Profile page, users can easily view their rank within the community, ranging from the lowest rank of Crab to the highest rank of Whale. This feature allows users to understand their standing within the community.
Additionally, the Profile page also provides the ability to update delivery addresses for users who own miners. The delivery address form is dynamic and adjusts based on the specific requirements of the selected country. Once completed, the form is securely updated with the user’s wallet signature, ensuring accuracy and security. This customization enhances the user experience and ensures seamless operations.
In addition to the updated dashboard, BlockDAG’s Dev Releases page highlights recent updates and improvements in the project. The latest 38th Dev Release focuses on optimizing consensus mechanisms for the DAG structure. Key areas of focus include efficient transaction ordering, block validation using timestamp-based sorting, calculating block weight for conflict resolution, and confirming blocks via cumulative subgraph weight. The enhancements also include bug fixes, performance optimizations, and improved algorithm efficiency.
Furthermore, BlockDAG has received approval from Google Play for its X1 Miner App, with the beta version set to launch soon. It is also in the final review stage for the Apple App Store, along with user interface upgrades to provide a better user experience.
In conclusion, while Chainlink’s price is influenced by the news of the Ether ETF and Fantom holders are cashing out, BlockDAG continues to break records and emerge as one of the safest investments. With its ongoing presale success, updated dashboard, and transparent Dev Release updates, BlockDAG has fostered a stronger and more cohesive community. Analysts are projecting a solid 30,000x return on investment and beyond for BlockDAG, given its impressive presale performance, groundbreaking innovations, and consistent price increases.
To join BlockDAG, visit their website at https://blockdag.network or participate in the presale at https://purchase.blockdag.network. For further updates and discussions, you can join their Telegram group at https://t.me/blockDAGnetworkOfficial or their Discord server at https://discord.gg/Q7BxghMVyu. Tags: FTM, LINK.
