BDAG Keynote 3 Reaches Wide Audience, DOGE & ADA Prices Decline
BlockDAG’s Keynote 3 Highlights Major Updates as Video Goes Global—Dogecoin Price Drops 15% & Cardano Price Declines
The market is exhibiting mixed signals, with a cooling in the Cardano price today alongside renewed vigor in the Dogecoin price. Cardano has declined to $0.6669 with a 17% reduction in volume, signaling cautious behavior. Dogecoin decreased 15% following Elon Musk’s recent refutation of any governmental connections, yet it swiftly regained 4%, maintaining critical support levels.
Meanwhile, BlockDAG (BDAG) is making swift advancements, having raised $213.5 million in its presale without venture capital support, as disclosed in its widely viewed Keynote 3. This major event also introduced the Beta Testnet V1 and outlined plans to distribute 10,000 miners. As adoption increases and real-world implementations proceed, BlockDAG remains a top crypto to buy, even as others grapple with technical barriers and fluctuating sentiment.
Cardano Price Today Registers Dip Amid Weekly Losses
Today, the Cardano price indicates a slight downturn, with ADA trading at $0.6669, down by more than 0.75% in the last 24 hours from $0.6720. The trading volume has also lessened by 17.04%, totaling $655.74 million. The market capitalization now stands at just under $23.52 billion.
Over the week, ADA has lost over 11.08%, mirroring wider market hesitancy. Despite recent declines, Cardano remains listed among the top 10 cryptocurrencies by market cap. The drop in both price and volume points to reduced market participation and caution among traders.
No clear signs of immediate recovery are apparent in the current trend. The market continues to watch ADA closely, with its near-term trajectory dependent on its ability to hold above support levels or risk further declines.
Dogecoin Price Exhibits Fluctuation Following Musk’s Disavowal
The Dogecoin (DOGE) price dipped 15% to $0.16 after Elon Musk dismissed any association between the U.S. Department of Government Efficiency (D.O.G.E) and DOGE's adoption. The cryptocurrency quickly recovered 4%, ascending to $0.1738, with a market cap of $25.35 billion. Technical indicators show varied momentum.
DOGE is confronted with major resistance at $0.1945 and $0.22, while support remains solid at $0.16. Negative signals from EMA crossover and MACD point to short-term caution. If DOGE can sustain its support level, it might stage a rally.
Future price movements will be influenced by broader market conditions and Musk’s impact. Analysts anticipate a potential rise towards $0.19, although a failure to overcome resistance could lead to another downturn.
Explore Major Announcements from BlockDAG's Keynote 3
BlockDAG's latest Keynote 3 has ignited significant activity, with CEO Antony Turner revealing that the project amassed $200 million in less than 10 months, independently of venture capital backing. The ongoing presale, now in its 27th batch, has successfully gathered over $213.5 million and sold more than 19.1 billion coins.
Currently, BDAG coins are valued at $0.0248 each. The funds from this presale are being channeled into technological enhancements, expanding global reach, and forging important partnerships, including those with Inter Milan and UFC, which emphasize BlockDAG’s commitment to decentralized scalability.
Central to these developments is BlockDAG’s modern architecture. CTO Jeremy Harkness detailed how the blend of Directed Acyclic Graph (DAG) with Proof-of-Work (PoW) mechanisms allows for simultaneous block validations. This design facilitates thousands of transactions per second, cuts down on costs, increases energy efficiency, and safeguards against MEV vulnerabilities.
A significant operational highlight from the keynote is the upcoming shipment of 10,000 X30 and X100 ASIC miners to early participants before the mainnet goes live. Additionally, the BlockDAG X1 mobile mining application has reached over 1 million users, democratizing mining access.
Furthermore, the keynote introduced the operational Beta Testnet V1, featuring doubled blockchain speeds, a user-friendly no-code NFT/token creation tool, and regular BDAG test allocations for participants. With security validations by Certik and Halborn complete, and the mainnet expected to launch this year, BlockDAG is well-positioned as a top crypto to buy in 2025.
Overview and Market Comparison
While the Cardano price today shows signs of uncertainty, its ongoing initiatives focused on scalability and ecosystem expansion are essential to monitor. Meanwhile, Dogecoin (DOGE) price remains sensitive to external influences, underlining its volatile nature and reliance on public perception.
In contrast, BlockDAG is making steady progress with tangible milestones—from securing audits to launching its beta testnet—demonstrating a clear trajectory towards its 2025 mainnet debut. Its unique architecture and extensive miner deployment reflect not just potential but tangible progress.
For those evaluating technological robustness and consistent progress, BlockDAG emerges as a top crypto to buy, as ADA and DOGE deal with immediate challenges and adapt to shifting market dynamics.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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Source: Legit.ng
