Polkadot

Pace

Influencer

The recent Polkadot (DOT) updates include a $14 million investment in tokens to the decentralised finance initiative, Hydration. Meanwhile, the forecast for XRP prices fluctuates depending on the outcome of the Ripple vs. SEC lawsuit. Amid these developments,&nbsp;<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">BlockDAG</a> has achieved a monumental 1120% increase in value from its first batch.&nbsp;
Esteemed influencers, such as Crypto Bull, have declared it the leading cryptocurrency discovery of 2024, praising its innovative DAG-based PoW consensus and potential for return on investment. In contrast to DOT and XRP, BlockDAG continues to dominate the cryptocurrency scene with its regular and significant development updates, thriving in a competitive and volatile market.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://cdn.thebittimes.com/images/2024/06/17/1718631354.webp" width="800" height="450" style="display: block; margin-left: auto; margin-right: auto;"></a>
<h2 dir="ltr" id="span-xrp-price-outlook-a-bullish-future-span">XRP Price Outlook: A Bullish Future?</h2>
Currently valued at $0.4846, XRP has recently undergone notably bearish trends. However, the latest forecasts suggest a significant potential rise for Ripple by 2025, spurred by the expected approval of Ripple’s Exchange-Traded Fund (ETF). Should this approval materialise, it could greatly enhance Ripple’s market presence.&nbsp;
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXd72Uy09AC3Lwnvn-5PuL7a_SruEcrJG4Vfp3W6HG5eoQKsoNcdqd9F18fVHFHjmJW74ZYp-ZlILSA8GG3eifF0lprCaiE_elcFptZtjTekKEZwukM-QP1jtbwWPL8wRLpmeA9VX4w6EHdOE_13zxmgEwW_?key=TmCKu4SrqAk7lsvRkMwYoA" width="602" height="75" style="display: block; margin-left: auto; margin-right: auto;"></a>
On the flip side, the ongoing lawsuit between Ripple and the SEC challenges XRP's growth, yet a favourable outcome might lead to considerable price increases. Despite the current downturn, investor sentiment remains hopeful for a rally following the lawsuit’s resolution.
<h2 dir="ltr" id="span-polkadot-dot-updates-14-million-in-tokens-assigned-to-hydration-span">Polkadot (DOT) Updates: $14 Million in Tokens Assigned to Hydration</h2>
In other news, Polkadot (DOT) has allocated over 2 million tokens, valued at $14 million, to the DeFi project Hydration, aiming to boost trading efficacy and liquidity through its platform, Omnipool. The initial distribution of 1 million tokens will occur annually, with promises of over 200% APY to enhance liquidity.&nbsp;
Hydration’s unique single-sided LP system enables participants to enter an incentive farm with just one asset. The additional tokens will support the development of Polkadot 2.0’s ecosystem by establishing a robust layer of native liquidity. While this investment marks a crucial point for DOT, it does not directly influence Polkadot’s market growth.
<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXf3riavoHysD79gEZ5OjIkvXHzW96z9xxIodXyTzlGH3k96IPLloFVKmjgPGvuN5Ks-OALX0_EELMsrcLLAH3WHN3cZrccDRHf0L7fKzvnL_Zt8ypB21dY6R6B42B9nbr3aIM8RvF20yg_nv8dqTWU_24U?key=TmCKu4SrqAk7lsvRkMwYoA" width="602" height="337" style="display: block; margin-left: auto; margin-right: auto;">
<h2 dir="ltr" id="span-renowned-analyst-crypto-bull-sheds-light-on-blockdag-s-keynote-2-span">Renowned Analyst Crypto Bull Sheds Light on BlockDAG’s Keynote 2</h2>
BlockDAG is the most sophisticated Layer 1 crypto, achieving the fastest batch progression in cryptocurrency. This has caught the attention of major influencers, institutional investors, renowned analysts, and cryptocurrency enthusiasts alike. Recently, YouTube influencer “<a href="https://www.youtube.com/watch?v=sDdUaKhjTMY" target="_blank" rel="noopener noreferrer nofollow">Crypto Bull</a>” shared an insightful video discussing BlockDAG’s notable second keynote, success stories from its presale, upcoming developments, and special rewards.&nbsp;
Keynote 2 covered significant achievements such as endorsements from Forbes and Bloomberg, the pioneering implementation of DAG, the debut of a low code/no code platform, and the introduction of the X1 Miner app. Crypto Bull highlighted BlockDAG’s development of its peer-to-peer engine, EVM compatibility, and the anticipated Mainnet launch, all of which are expected to significantly boost BlockDAG’s market value.&nbsp;
From its initial batch, the price of BDAG coins increased from $0.001 to $0.0122 in batch 18, a record-breaking 1120% surge, with the platform garnering nearly $51.1 million by selling 11.5 billion coins. This trajectory surpasses that of Bitcoin, Kaspa, and other market leaders, hinting at a potential 30,000x ROI.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfrAIsA9W_C3lifajZ7DbeVC4YykVrv-2vBsEelP9SQwZuD-dAp4WL6UdjaYoqnb3_w2RxVwQTBaZntgqHhSAJ74LwzvLEZ1rZuMgxzLsn9UZ2fFiacMevO6Oum5fJQucIFl1F7024ELQmw9S_CRJ-1AB4?key=TmCKu4SrqAk7lsvRkMwYoA" width="602" height="339" style="display: block; margin-left: auto; margin-right: auto;"></a>
BlockDAG continues to revolutionise with weekly technological advancements, propelling it to become the fastest and most scalable cryptocurrency platform. The latest update enhanced the X1 Miner app and Blockchain Explorer. The X1 app now features an easy registration process, straightforward mining of BDAG coins, appealing referral bonuses, and progress reports to monitor mining performance. Meanwhile, the Blockchain Explorer consolidates all of BlockDAG’s blockchain data, serving as a dynamic newsfeed that provides instant updates with a simple click.
<h2 dir="ltr" id="span-final-thoughts-span">Final Thoughts</h2>
With regular developmental releases, BlockDAG stays one step ahead in a cryptocurrency market where intense competition and extreme volatility threaten the stability of coins like XRP and DOT. Leading figures such as Crypto Bulls back BlockDAG’s innovative Block &amp; DAG architecture and unmatched ROI potential. Since its initial batch, the cryptocurrency has experienced a historic surge of 1120%. With a current presale price of $0.0122 in batch 18, BlockDAG is poised for 30,000x gains in the foreseeable future.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXedyFfS5l7WYLaj0YU50GqbDFt10_c_807lHOhngolUesWZzJjuj0oKZ-1P16Ulx5bu9FxWRuOrUuVirT_JorbUOYmRDudcPTgAW_SAZEhQKFiJ_sxCRkBU31G8tDyKl0jLV7zj27zIofwjTMWWqF3KsHYJ?key=TmCKu4SrqAk7lsvRkMwYoA" width="602" height="75" style="display: block; margin-left: auto; margin-right: auto;"></a>
Invest in the BlockDAG Presale Now:
Presale: <a href="https://purchase.blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">https://purchase.blockdag.network</a>
Website: <a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">https://blockdag.network</a>
Telegram: <a href="https://t.me/blockDAGnetwork" target="_blank" rel="noopener noreferrer nofollow">https://t.me/blockDAGnetwork</a>
Discord: <a href="https://discord.gg/Q7BxghMVyu" target="_blank" rel="noopener noreferrer nofollow">https://discord.gg/Q7BxghMVyu</a>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/dot-xrp-struggle-to-keep-pace-as-blockdag-s-presale-soars-to-51-1m-following-influencer-buzz-tbt93210.html">https://thebittimes.com/dot-xrp-struggle-to-keep-pace-as-blockdag-s-presale-soars-to-51-1m-following-influencer-buzz-tbt93210.html</a>

DOT & XRP Struggle to Keep Pace as BlockDAG's Presale Soars to $51.1M Following Influencer Buzz

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TheBitTimes

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