BlockDAG's Keynote 2 Sparks 1,300% Surge; Kaspa Reaches Peak & VET Trends Downward

From Boom to Bust: BlockDAG’s Keynote 2 Rockets Up 1,300% Price Surge as VET Tumbles; Kaspa’s Glory Day?

Kaspa has reached a new peak at $0.19, while VeChain faces a challenging future, fluctuating between potential highs and lows. Meanwhile, BlockDAG has consistently risen from $0.001 to $0.014 through 19 batches, witnessing an unprecedented 1,300% increase thanks to the release of Keynote 2, advancements in technology, and strategic roadmap updates.

Furthermore, BlockDAG’s X1 miner beta app has become a top contender among crypto applications, enabling users without technical expertise to mine BDAG directly from their smartphones.

Will Kaspa Maintain Its New Peak?

On June 30, Kaspa’s cryptocurrency, KAS, soared to an exciting new high of $0.19, only to decrease to $0.18, a 7% reduction. Despite this, trading data indicates strong interest in KAS, with a Relative Strength Index (RSI) of 68.52 showcasing solid buying momentum.

Although the futures market anticipated a decline, resulting in significant liquidations of long positions, amounting to $586,220 on June 30—the most since March. While there’s potential for KAS to surpass its current high, profit-taking might push it down to $0.17.

Uncertain Times Ahead for VET

VeChain has seen turbulent times since October 2023, reaching $0.0511, then stumbling at major resistance levels, and dropping to $0.03300 by mid-May 2024. It stabilized briefly, only for the downward trend to push it further down to $0.02395 by June 18. Indicators like MACD and RSI suggest a bearish outlook, but a sudden 2.37% increase hints at a potential rebound to $0.033000 or $0.045000, or a further fall to as low as $0.015000.

What Drives BlockDAG’s 1,300% Price Increase?

BlockDAG has soared from $0.01 in batch 1 to $0.014 in batch 19, achieving a remarkable 1,300% increase. It has successfully raised over $57.8 million by selling 12 billion coins. This rapid ascent is propelled by the launch of BlockDAG’s stellar keynote, which detailed its innovative technologies, a progressive roadmap, and the functionality of the X1 Beta Miner app. BlockDAG’s DAG technology efficiently handles multiple operations simultaneously and supports concurrent transaction confirmations, enhancing the scalability of its PoW consensus without the need for miners. This unique blend ensures secure, fast, and high-capacity transactions.

Moreover, BlockDAG’s ambitious roadmap plans include developing the Peer-to-Peer Engine, Block & DAG Algorithm, EVM Compatibility, and Metamask Integration, with a testnet scheduled for mid-August and the mainnet to launch in four months. The anticipated post-launch price of BDAG could reach $1, potentially yielding a 30,000x return on investment for its backers.

In addition, the development and thorough testing of the X1 Miner app’s Phase 1 have concluded, incorporating features like Wireframe & UI Design, User Onboarding, and Presale functionality. This innovative app, merely 50 MB in size, allows even beginners to mine up to 20 BDAG coins daily without excessive battery or data usage. With such significant innovation and robust presale figures, BlockDAG is setting the stage for a future where cryptocurrency is both accessible and lucrative.

Wrapping Up

While Kaspa’s temporary peak and VeChain’s volatile forecasts have attracted attention, BlockDAG remains the highlight with its extraordinary 1,300% increase since batch 1.

The unveiling of its Keynote 2, the revolutionary X1 Miner beta app, and continuous development progress have positioned it as a favorite among investors. Known as the market’s best crypto app, the X1 Miner allows straightforward BDAG mining from smartphones. Ultimately, BlockDAG’s impressive price trajectory has led to forecasts of a 30,000x return in the forthcoming years.