BlockDAG Network Revolutionizes Crypto Mining; Solana Outshines Ethereum with 951% Annual Growth: The Top Crypto for 2024?
The year 2023 was full of twists and turns. The altcoin king Ethereum (ETH) was greatly dwarfed by Solana (SOL); though ETH surged 102% this year, SOL’s 951% surge made a mountain out of the molehill—this was truly unexpected.
This is the case in the crypto world, every happening is a surprise. The emergence of BlockDAG (BDAG) is a testament to this. As a newcomer, BDAG has already won hearts amassing $1 million in just 24 hours during its first batch of presale. BDAG is now winning more hearts by introducing its innovative crypto miners – including a mobile mining app! As investors are awaiting more surprises in the new year, BDAG is targeting to raise $600 million. Can BDAG be the best crypto in 2024?
Ethereum has been badly outperformed by Solana for the past three months. But no dive is eternal; Ethereum is now showing a strong comeback. Throughout December, the price of ETH has mostly consolidated within the crucial support range of $2,147 and the resistance level at $2,380. Considering technical indicators like the Relative Strength Index, there’s a potential for ETH, the largest cryptocurrency, to show positive movement, at least in the short term.
Jordi Alexander, the chief investment officer at Selini Capital shared on X that “The Revenge of The ETH is Starting”. He states that the rally seen on other altcoins and Bitcoin’s increasing demand can lead ETH to make an upside move in the weeks ahead.
Solana’s price witnessed a big surge in Q4, 2023. Now, the SOL market is taking a breather, with funds flowing into Ethereum. With this, ETH is ready to shine at Solana’s expense.
With ETH making a comeback, the SOL market is showing signs of weakness as technical indicators suggest a potential decline in the Solana price. This follows an extended period of SOL being overbought, marked by the RSI staying above the 70 level since October 18 when the markets turned bullish. This was followed by a correction.
While SOL gained 951% in 2023, the coin is now cooling off. Despite its upswing, SOL started to turn down its investors as the month and the year are closing. As this fall is concerning, traders aren’t expected to reap profits from SOL in the weeks ahead.
BlockDAG has entered the crypto market with a successful presale gain of $1 million in 24 hours. Adding to this excitement, BDAG offers innovative crypto miners, including a mobile mining application, high returns, and passive income. BDAG also targets to raise $600 million in 2024.
BlockDAG was birthed with inspiration drawn from Kaspa and Bitcoin. However, BDAG addresses and resolves the shortcomings observed in these predecessors. Upon its launch in six months, BDAG provides early investors with a 10% bonus. Additionally, individuals stand a chance to earn bonuses from BDAG through their referrals. For every investment made by their referrals, they can receive a 10% bonus.
Additionally, BDAG introduces its X-series crypto mining rigs, which include a mobile mining app, allowing users to mine from the convenience of their homes. These mining rigs are designed for both new and experienced individuals, irrespective of their mining proficiency. Users have the opportunity to mine from 125 to 25,000 BDAG coins daily using these rigs.
As the year 2023 surprised the crypto world with SOL growing to dwarf ETH, 2024 is also looking ahead with more awesomeness. BlockDAG can be one of the greatest assets you could hold onto in the coming year. Because no newcomers are silly, and ETH has already proved that no giants are strong and SOL calls out that no strength is eternal.
BDAG is now knocking on your doors, open it before the time’s up. Remember, what’s yours will come to you; do not forget to grab them.
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