The UNI token price has faced declines due to a delayed fee switch proposal, dropping over 5% and extending a week-long slide of around 10%. Meanwhile, Tron’s (TRX) price remains bearish, trading below key moving averages and experiencing a recent 3% dip.
Amid these fluctuations, BlockDAG stands out with remarkable presale progress, hitting $3 million in just 12 hours and now raised to $46.7 Million. Investors are increasingly asking, “Is BlockDAG real?” The project’s innovative approach, impressive milestones, and promising returns provide a compelling answer, positioning BlockDAG as a beacon of opportunity in a turbulent market.
Uniswap’s UNI Token Dips Below $10 Amid Fee Switch Vote Delay
Uniswap, the decentralised exchange platform, has indefinitely postponed its fee switch proposal, sparking a significant decline in the UNI token. Following the announcement, UNI dropped over 5%, sinking below $10, and extending a week-long slide of around 10%.
On May 31, the Uniswap Foundation announced the delay due to concerns raised by an unnamed stakeholder. The need for thorough due diligence was cited, given the irreversible nature of the proposed upgrade. The crypto community has reacted negatively to this postponement, with critics claiming that venture capital interests are manipulating the governance process.
Tron (TRX) Slumps Below Key Moving Averages – Will It Recover?
The 15th biggest crypto by market cap, Tron (TRX), has been bearish since May 13, slipping below critical moving averages. According to CoinMarketCap, TRX has lost over 6.20% in its past month’s gains. The coin is down 3% in the last seven days and nearly 2% in 24 hours.
Despite trading below its 50-day and 200-day SMA lines, other technical indicators suggest a potential price reversal. The fading red histogram bars of the MACD indicator and the lower band of the Bollinger Band hint at a possible rebound. Additionally, the RSI indicates that TRX is oversold, creating buying opportunities for investors. However, unexpected market events could affect this analysis, so thorough research and risk management are advised.
BlockDAG Presale Sees $3 Million In Less than 24 Hrs
BlockDAG has made a significant impact with its presale, achieving $3 million in less than 24 hours. This surge has been fueled by BlockDAG’s achievement of reaching the pinnacle of CoinSniper’s database and a recent keynote broadcasted from the moon. BlockDAG’s displays at Shibuya Crossing in Tokyo, the Sphere in Las Vegas, and Piccadilly Circus in London have significantly boosted its visibility and investor confidence.
The presale progress is noteworthy, with Batch 17 priced at $0.011, marking a 1000% increase from Batch 1’s initial price of $0.001. BlockDAG has raised $46.7 million by selling 11.1 billion BDAG coins and collected $3.1 million from miner sales, with over 7,352+ miners sold. These achievements underscore BlockDAG’s growing influence and the increasing interest from investors.
Things get more real through another key standout within its ecosystem. BlockDAG offers diverse revenue streams, including mobile mining for rewards using smartphones, specialised ASIC-based X series miner units, and the ability to resell mining units. The referral rewards program and exclusive presale opportunities further enhance its appeal, making BlockDAG a promising investment.
Connecting The Dots
While the UNI token and Tron (TRX) price grapple with market challenges, BlockDAG is forging ahead with impressive presale numbers and innovative milestones. The project’s ability to raise $3 million in 12 hours highlights its potential and growing investor confidence. So, is BlockDAG real? Absolutely. Its passive income opportunities, including mobile mining and referral rewards, make it an appealing investment. As BlockDAG continues to gain momentum, it sets a promising example in the crypto world. For those using a Bitcoin mining calculator to gauge profitability, BlockDAG’s approach and presale success offer compelling reasons to consider it a worthy investment.
Invest in the 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 press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
