Top Crypto Gainers: BlockDAG’s Second AMA Sends its Miner Community into Overdrive! Forget Arbitrum and THORChain!
Arbitrum (ARB), THORChain (RUNE), and BlockDAG are all vying for the spotlight, each with a unique game plan. Arbitrum is shaking things up with a Security Council election that could redefine its governance, while THORChain is betting on a hard fork to turbocharge its network efficiency.
But it’s BlockDAG that’s making a name for itself with a bold strategy centered around its miner community and a jaw-dropping presale that has soared to $72.5 million.
As the top crypto gainers gear up for a potentially explosive finish to the year, each is playing its hand differently—but only time will tell which one has the winning formula to capture the market’s attention.
Arbitrum, a leading layer 2 solution for Ethereum, is making waves with its upcoming Security Council election. This election, starting in September, will involve six stages to elect 12 members who play a vital role in securing the network and making swift decisions during emergencies. It’s a critical moment for Arbitrum, designed to strengthen its decentralized governance and boost its credibility.
ARB has shown some positive movement recently, with a 1.12% increase in price to $0.5127 and a 55% jump in trading volume to $154 million. While these numbers are encouraging, the pressure is on for ARB to maintain momentum beyond the election. For now, hopes are high, but Arbitrum will need more than just a governance shakeup to prove itself as a long-term winner.
THORChain is gearing up for a major network upgrade with a hard fork scheduled for September 4, 2024. This upgrade promises to enhance network efficiency by updating the Cosmos SDK, eliminating old code, and optimizing synchronization. The buzz is real, with RUNE’s price jumping 6.16% to $4.14 in just 24 hours.
However, there are still mixed signals. While the trading volume has dropped by 15.24%, open interest is up by 13.02%. If RUNE can break the $5 resistance level, it could aim for its previous high of $7.27 and possibly reach its all-time high of $21.26. But whether this upgrade alone can sustain that momentum is uncertain.
Now, let’s talk about why BlockDAG is the crypto everyone should be watching. Recently, BlockDAG held its second Ask Me Anything (AMA) session, led by CEO Antony Turner, and it’s fair to say it caused quite a stir. Turner dived deep into the details of mining rewards, showing just how profitable BlockDAG’s ecosystem can be for miners. This wasn’t just an ordinary session—it was a strategic masterstroke that sparked new excitement and confidence among potential miners.
BlockDAG’s momentum doesn’t stop here. The platform’s presale performance speaks volumes: BlockDAG has already raised a staggering $72.5 million, with over 12.8 billion coins and 11,000 mining machines sold. These numbers aren’t just impressive; they’re a clear sign that the market is backing BlockDAG in a big way.
The AMA also shined a spotlight on the X Series Miners, which are designed to maximize efficiency with advanced features like underclocked ASIC chips and power supplies that surpass their wattage requirements. This focus on both performance and sustainability is winning over a growing community of miners.
By emphasizing eco-friendly practices and minimizing resource consumption, BlockDAG is aligning itself perfectly with today’s market trends. As more miners recognize the potential for sustainable profits, BlockDAG is positioned to attract a diverse and growing base of supporters. Combined with its proactive engagement strategy, BlockDAG is setting the stage for significant gains, making it a top contender among the cryptos to watch this year.
While Arbitrum and THORChain are busy refining their governance models and technical foundations, BlockDAG is playing a smarter, more engaging game. It’s not just about who has the best tech—it’s about who can get people excited and build a loyal community. BlockDAG is showing it knows how to do both.
With its record-breaking presale, a keen focus on miner engagement, and a strategy that appeals to both profits and principles, BlockDAG could be the one that surprises everyone this year. For those looking for a top crypto gainer, BlockDAG is where they want to be paying attention.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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