2024-10-2 19:08 |
Helium’s crypto token has been turning heads with its new take on blockchain-driven broadband. Helium aims to make internet access cheaper through decentralized technology. On the other hand, Ethereum has seen some ups and downs. It started at $2,419 on September 15, then fell by 3% over the weekend after an encouraging 15% increase the previous week.
Meanwhile, BlockDAG has been gaining attention with a $78 million presale that has everyone talking. In a recent AMA, BlockDAG’s CEO announced big news: using their X10 and X1 miners together boosts mining power by 10 times. This could mean much larger rewards for miners, and quickly. BlockDAG’s focus on making mining simpler might just give it the upper hand in the busy crypto market.
Helium: Short Setback Before Expected Growth
Though Helium’s price went down by 12% last week, its daily chart shows signs it might bounce back soon. In the last 72 days, Helium has jumped 143%, hitting the $8 level by mid-September. Now 57th in crypto rankings, it’s doing better than many bigger names, showing it’s catching on more and more. If things turn around, HNT might try for the $8 mark again.
If demand keeps up, especially with the expanding IoT market, Helium could reach $9.5 by month’s end. But if the downward trend continues, it might fall to the $6.525 support level. A failure to keep up momentum could push it even lower to $5.155.
Is Ethereum Experiencing a Temporary Drop?
Ethereum started at $2,419 recently but slipped 3% following a 15% rise earlier in the week. However, signs related to ETH 2.0 staking suggest holders are ready for another price increase soon. While Bitcoin has broken through major resistance levels—$60,000 and $0.60, respectively—Ethereum struggled to pass the $2,500 mark this weekend.
Despite this, keen holders are taking advantage of the drop, buying ETH at lower prices and getting ready to join the Ethereum 2.0 staking network. With positive economic indicators, Ethereum had a strong rally last week, even as the overall market had a slow start to September.
BlockDAG’s Impressive Surge: Opening New Paths in Mining
In BlockDAG’s latest AMA, CEO Antony Turner made an exciting revelation that could transform the platform’s mining system. The big news? Combining the X10 and X1 miners can ramp up mining efficiency tenfold, positioning it as a major boon for those seeking enhanced productivity. Turner emphasized that this method could significantly boost mining rewards, with forecasts suggesting a potential 20,000x ROI for BDAG over time.
BlockDAG stands out in the busy crypto world by focusing on easy-to-use mining tools. The X1 Miner mobile app makes it easy for users to mine up to 20 BDAG coins with little effort. For home miners, the X10, X30, and X100 devices offer the potential to mine up to 2,000 BDAG coins a day, depending on the machine used. Each model offers a balance of efficiency and rewards, catering to both novice and experienced miners.
As a prominent Layer 1 cryptocurrency, BlockDAG is making a splash in the presale scene. The company has sold over 5 million ASIC miners, showing strong demand for PoW mining. With more than $78 million gathered during the presale, experts foresee impressive returns and estimate the coin’s value could range from $1 to $20. Currently, in batch 23, the coins are priced at $0.0192 each, offering a promising opportunity for a coin expected to outperform Kaspa & Bitcoin.
Last Say
Helium (HNT) finds itself at the crossroads of the fast-evolving connectivity and gambling sectors. As for Ethereum, positive on-chain signals hint that its recent 2.6% decrease might be fleeting. Predictions suggest a rise above $2,500, potentially reaching $2,600—a scenario that could trigger a new bullish surge.
Meanwhile, BlockDAG is steadily building momentum, fueled by innovative mining solutions and a robust presale. The latest announcement from its CEO about the 10x increase in mining output from combining the X10 and X1 miners has rekindled enthusiasm among miners keen to maximize their returns. With BDAG’s price expected to reach $1 soon, early holders look forward to significant profits.
Join BlockDAG Presale Now:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
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