Blockchain
BDAG’s Keynote 2 sparks excitement | SEI price reduction
Due to the distribution of over 27 million SEI tokens, the price of SEI fell by 3.91% over the past day. Aave also suggested simultaneously launching the Aave Blockchain to serve as a hub for Aave and its stablecoin, GHO. In stark contrast, BlockDAG (BDAG) captured global attention with the release of its Moon Keynote 2, bringing pre-sale sales to a whopping $46.8 million with 11.1 billion coins and over 7,100 miners.
This keynote highlights BlockDAG’s potential as a leading Tier 1 cryptocurrency, predicting an impressive 30,000x ROI. With revolutionary advancements and a rapidly growing community, BlockDAG is poised to revolutionize the cryptocurrency market.
SEI price drops following token distribution and v2 update
SEI price decreased by 3.91% in the last 24 hours, accompanied by a decline in trading volume of 19.51%. This decline followed the success of the Sei Foundation v2 update, which led to the distribution of over 27 million SEI tokens. The airdrop was intended to reward active participants since the launch of the Pacific-1 mainnet, but has been criticized for its fairness.
To address these concerns, the foundation established eligibility criteria, excluding addresses with high SEI holdings or large NFT collections. The v2 update introduced sub-second transaction finality and increased scalability, positioning Sei to compete with networks like Monad and Neon.
Aave Blockchain Concept: An Aave Staking and GHO Multichain Hub
Aave’s proposal suggests launching Aave Blockchain as the primary network hub for Aave and its native stablecoin GHO, maintaining a multichain and network-agnostic approach for seamless integration between various blockchain ecosystems. The GHO stablecoin could be used to pay gas fees, while the AAVE token would serve as the main staking asset for decentralized validators and sequencers.
This initiative aims to increase the utility and demand for both tokens. Aave, the largest lending protocol with over $13 billion in Total Value Locked (TVL), plans to surpass major Layer-2 networks. The crypto community has welcomed this move, highlighting a trend of decentralized applications (dApps) launching dedicated blockchains to improve interoperability and collaboration.
BlockDAG’s Moon Keynote 2 Unveils Major Advancements
The second from BlockDAG keynote has revealed significant progress, earning praise from major publications such as Forbes and Bloomberg and garnering support from prominent figures in the cryptocurrency world. Key updates include the debut of the X1 app, blockchain improvements, the announcement of a fully human workforce, global marketing efforts, and refined roadmaps.
The keynote highlighted BlockDAG’s Directed Acyclic Graph (DAG) technology, which improves scalability by allowing multiple transactions to be processed simultaneously. They have introduced a Low Code/No Code platform and plan to release the mainnet four months after the Testnet in mid-August. Currently generating $500,000 per day, forecasts suggest this could rise to $5 million per day. The pre-sale is expected to conclude alongside the mainnet launch within four months.
The Lunar Keynote also sheds light on the X1 Miner app, now in beta on both Android and Apple platforms. This app turns smartphones into efficient BDAG coin mining machines using a power-saving algorithm. It features an intuitive interface, a referral program to increase mining rates, and daily participation rewards. Upcoming features like Wallet, Send/Receive, Ranking and Community Section will further enhance the usefulness of the app. Participants can start mining up to 20 BDAG per day, worth $1 upon release.
Key takeaway
Over the past 24 hours, SEI prices have fallen by 3.91% following the distribution of over 27 million SEI tokens. Meanwhile, Aave’s plan to establish the Aave Blockchain as the central hub for Aave and its native stablecoin GHO is promising but still in the early stages.
In stark contrast, the release of BlockDAG’s Moon Keynote 2 generated excitement globally, pushing the pre-sale to $46.8 million while distributing 11.1 billion coins and engaging over 7,100 miners. This keynote highlights BlockDAG’s status as a leading Layer 1 cryptocurrency, with a potential ROI of 30,000x. With innovative technologies and a rapidly growing community, BlockDAG is on the verge of transforming the crypto landscape, surpassing both SEI and Aave.
Join BlockDAG now!
Website: https://blockdag.network
Pre-sale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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