PROMO
by BSCN
April 3, 2024
Explore upcoming Bitcoin Cash Halving, AXL price trends, and BlockDAG's remarkable 10K-15K TPS and its presale success in the evolving crypto landscape.
As the halving event of Bitcoin Cash looms near, speculation about its impact on the future of this cryptocurrency and its effect on the wider crypto market abounds. Meanwhile, BlockDAG (BDAG) has been stealing the limelight with its remarkable potential for a 20,000-fold return on investment. This, combined with the network's ability to process 10,000 to 15,000 transactions per second, has seen its presale soar past the $12.4 million mark, drawing attention amidst AXL's optimistic price forecast.
The anticipated Bitcoin Cash (BCH) halving is set to occur on Tuesday, with the blockchain reaching a block height of 840,000, slashing the block reward from 6.25 BCH to 3.12 BCH. This quadrennial event is poised to make mining more challenging and increase the hash rate, which currently stands impressively at 4.50 EH/s. Despite Bitcoin Cash traditionally mirroring Bitcoin's price movements, it struggles with being labeled a "zombie coin" due to its scarce usage. Recently, its price resilience was noted, although a bearish shooting star pattern suggests a potential retreat to $526.
AXL's pricing dynamics point to a standoff, with the coin's value hovering near the 20-day EMA at $2. The bulls have successfully defended this level against bearish pressures, keeping the price above the EMA trend lines at $2.06. A fall beneath the 20-day EMA might lead to a downward trend towards the uptrend line, necessitating buyer support to avert a momentum reversal. A climb above $2.2 could indicate a bullish move towards the $2.6 resistance level, with the Relative Strength Index (RSI) currently showing a balanced market.
BlockDAG distinguishes itself with an unprecedented transaction speed of 10,000-15,000 TPS, outperforming traditional blockchains like Bitcoin and Ethereum. This efficiency signals a strong, scalable network adept at managing high transaction volumes. Furthermore, the BlockDAG Network Ecosystem recently unveiled Explorer, a platform enabling thorough analysis of the BlockDAG Network. This tool provides insights into transactions, wallet addresses, contracts, and network nodes, promoting transparency and user engagement.
With over 6.3 billion coins sold, raising more than $12.4 million in its presale, BlockDAG's momentum is undeniable. Currently in its 6th presale batch at $0.0035 per coin, BlockDAG's market appeal is on the rise. The release of its latest technical whitepaper was celebrated with a spectacular showcase on the Las Vegas Sphere, underscoring its escalating prominence in the blockchain arena.
The technology behind BDAG is a hybrid one, combining both Directed Acyclic Graphs (DAG), that help to develop transaction speed, and Proof-of-Work (PoW), a consensus technique used by major crypto giants to address questions such as scalability, decentralization, and security.
While Bitcoin Cash's upcoming halving and AXL's price movements present unique opportunities, they pale in comparison to BlockDAG's promise. With its stellar transaction capacity and the successful presale buoyed by forecasts of a 20,000x ROI, BlockDAG is poised for significant growth and innovation within the blockchain domain. Its unparalleled features and robust network architecture render it an attractive option for investors aiming to diversify their crypto holdings.
Join BlockDAG Presale Now:
Website | Presale | Telegram | Discord
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $400. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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