BlockDAG’s Keynote Presentation in Tokyo Boosts Presale to $37M Outshining BNB Coin Price and ONDO’s All-Time High

Recently, BNB’s price has risen notably with bullish market sentiment; however, it faces uncertainty to end the year on a bullish note. Meanwhile, ONDO crypto recently reached a new all-time high due to real-world asset (RWA) tokenisation interest, but caution is advised because the RSI is in an overbought area. On the other hand, BlockDAG [...] The post BlockDAG’s Keynote Presentation in Tokyo Boosts Presale to $37M Outshining BNB Coin Price and ONDO’s All-Time High appeared first on Blockonomi.

May 31, 2024 - 11:50

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BlockDAG’s Keynote Presentation in Tokyo Boosts Presale to $37M Outshining BNB Coin Price and ONDO’s All-Time High

Recently, BNB’s price has risen notably with bullish market sentiment; however, it faces uncertainty to end the year on a bullish note. Meanwhile, ONDO crypto recently reached a new all-time high due to real-world asset (RWA) tokenisation interest, but caution is advised because the RSI is in an overbought area.

On the other hand, BlockDAG has gained substantial global traction in the cryptocurrency market with the launch of its keynote video at Tokyo’s Shibuya Crossing, offering detailed insights into its project and products. This event garnered significant attention and propelled presales to new heights, recently welcoming batch 16 with $37 million raised by selling 10.2 billion coins and 6,625 crypto mining rigs. This swift progress cements BlockDAG’s status as one of the best presale coins.

BNB Pirce Faces Uncertainty Despite Recent Price Rise

BNB’s price has risen notably but faces uncertainty in reaching higher despite bullish market sentiment. Analysts caution that June might not be as lucrative for BNB as hoped, with the coin’s future heavily reliant on market conditions.

Since its 2017 inception, BNB has faced numerous challenges, and its role in offering Binance transaction discounts isn’t enough to sustain growth. With Bitcoin’s rise, BNB’s forecasted increase is not confirmed. Despite an increase last month, predictions of continuing the rise by year-end appear overly optimistic, highlighting potential risks in the crypto market.

ONDO Crypto All-Time High and Overbought Concerns

ONDO crypto hit a new peak of $1.33 and continued to rise, now trading at $1.2857. Even though it is among the trending cryptocurrencies and experienced an increase in non-empty wallet count between February 26 and May 26, caution is advised. The recent rise is partly due to real-world asset (RWA) tokenisation interest. Analysts suggest ONDO could extend gains even more, but traders should be cautious as the RSI indicates the asset is overbought at 77.82.

BlockDAG’s Shibuya Dominance & Miner X10

BlockDAG has gained substantial global traction in the cryptocurrency market, bolstering its presence with special appearances at iconic venues worldwide, from Japan to Las Vegas and London.

The journey began with the exclusive launch of its keynote video displayed at Tokyo’s Shibuya Crossing, offering detailed insights into its project and products. This event garnered significant attention, with prominent billboards featuring BlockDAG’s branding in the bustling Shibuya Crossing, known globally for its pedestrian traffic. This strategic marketing manoeuvre highlights the importance of effective branding in the competitive crypto landscape.

The keynote showcased BlockDAG’s integration with prominent DeFi exchange platforms like Bitget and CoinEx. It also introduced its mining devices and a user-friendly crypto payment card, developed in collaboration with leading banking-as-a-service providers. This card facilitates seamless spending of BDAG and other cryptocurrencies like Bitcoin, eliminating the need for transaction approvals or complex KYC procedures. The card, accepted by 38 million merchants globally, shows BlockDAG’s dedication to innovation.

Furthermore, BlockDAG’s mining prowess is demonstrated by the X10 mining rig,

a compact and efficient device capable of mining up to 200 BDAG daily with a 100 MH/s hash rate using only 40 W of power, yielding $10 per day. Its plug-and-play setup, with Wi-Fi and Ethernet connectivity, caters to novice and seasoned miners. This user-friendly and energy-efficient approach underscores BlockDAG’s superior mining infrastructure.

Conclusion

With BNB’s price rise amid bullish market sentiment, it still faces uncertainty for future growth. Meanwhile, real-world asset (RWA) tokenisation interest surged ONDO crypto to its all-time high. However, BlockDAG continues to stand out with its swift progress through the presale phases, driven by robust figures and strong marketing efforts. The project has raised over $37 million from selling 10.2 billion coins and 6,625 mining rigs, including the flexible and scalable X10 mining device. As a result, BlockDAG has emerged as one of the best presale coins in the market.