Skip to content

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold's editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please click here.

Chainlink’s Token Unlock and Arbitrum’s TestNet Makes News; BlockDAG’s X1 App Launch Achieves $3.6M in Miner Sales

Press Releases

The unlocking of Chainlink’s tokens profoundly affects the market as it brings millions of tokens into the ecosystem. Concurrently, the development of Arbitrum’s TestNet is shaping future price forecasts. Amid these developments, BlockDAG has brought a significant breakthrough in mining technology with the introduction of the X1 App in the App Store. This debut has heightened the enthusiasm of cryptocurrency traders, driving pre-sale totals to $57.1 million and mining sales to $3.6 million, highlighting BlockDAG’s expanding role in crypto pre-sale ventures.

Chainlink’s approach includes a planned token release, with a recent event passing the 600 million token circulation mark. This event saw 18.25 million Chainlink tokens transferred to Binance.

Following the token release, an additional 2.25 million LINK were moved to a well-known multisig wallet, introducing more intricacies to the market dynamics. Despite a further 1.4% market drop after the release, it remains essential to watch how these ongoing releases will impact the strategic deployment of Chainlink tokens and their overall market position.

Exploring Arbitrum’s TestNet Effects on Market Forecasts

Arbitrum’s shift to a permissionless validator system with its latest BOLD TestNet indicates a crucial transformation within its network, allowing open challenges to network states. This shift could significantly alter Arbitrum’s market forecasts as it moves towards complete integration with the mainnet, where validators were previously pre-approved.

Despite these advancements, the market outlook for Arbitrum remains cautious amid a generally bearish crypto atmosphere. Following recent lows, Arbitrum has managed a rise to $0.8, although the overall market sentiment is still affected by persistent downward trends and unstable conditions.

BlockDAG’s X1 App Conquers the Apple Store!

BlockDAG has initiated a new chapter in crypto mining with the launch of the innovative X1 mining app, now available on the Apple App Store. This pioneering app simplifies the mining process, allowing access from just about anywhere. The X1 app means that complex setups and costly equipment are no longer necessary; a smartphone is all you need to start efficiently mining BDAG coins. This development makes mining accessible to anyone, right from their smartphone.

The X1 app utilizes a cutting-edge, energy-efficient consensus algorithm that optimizes mining efficiency while conserving your smartphone’s battery life and data usage. This setup enables continuous mining without the usual limitations of crypto mining, marking a significant shift for mobile miners.

The release of the X1 app has had a significant impact, elevating BlockDAG’s pre-sale numbers to a remarkable $57.1 million and mining sales to $3.6 million. These figures reflect the community’s confidence and enthusiasm for BlockDAG’s mining innovations.

BlockDAG now stands as a leader in crypto pre-sale projects, attracting global attention from miners and cryptocurrency investors alike. Its potential for a 30,000x return on investment highlights its prominence as a top contender in the cryptocurrency field, offering substantial rewards for early participants.

The Bottom Line

In the ever-evolving blockchain arena, the recent Chainlink token release has stirred the market, while Arbitrum continues to progress with its TestNet. Amid these developments, the debut of BlockDAG’s X1 App marks a significant milestone, transforming mining accessibility and efficiency. By driving its pre-sale to $57.1 million and mining sales to $3.6 million, BlockDAG not only leads in crypto pre-sale initiatives but also presents major growth opportunities, positioning it as a prime investment prospect during its pre-sale phase.

Join BlockDAG Presale Now:






This post is sponsored. Finbold neither endorses nor takes responsibility for the accuracy, quality, advertising, products, or other materials on this page. Readers are strongly encouraged to perform their own research before making any decisions regarding the company. Finbold will not be held accountable, either directly or indirectly, for any harm or loss that may stem from or be linked to the usage or reliance on any information, goods, or services mentioned on the page. If you encounter any issues, kindly report them to [email protected].

Disclaimer: The information on this website is for general informational and educational purposes only and does not constitute financial, legal, tax, or investment advice. This site does not make any financial promotions, and all content is strictly informational. By using this site, you agree to our full disclaimer and terms of use. For more information, please read our complete Global Disclaimer.