BlockDAG’s $56.9M Presale Success | Bitcoin Cash Price | Quant Updates


BlockDAG’s
Innovative
Technology
Triggers
$56.9M
Presale
Amid
Bitcoin
Cash
Price
Rally
and
Quant
Updates


Amidst
fluctuations
in
Bitcoin
Cash
prices
following
Mt.
Gox’s
distribution
of
a
substantial
amount
of
BCH,
Quant
(QNT)
trading
is
facing
pressure
from
large
transfers
by
whales.
Conversely,


BlockDAG


has
distinguished
itself
with
a
highly
successful
presale,
drawing
investors
with
its
robust
scalability,
security
measures,
and
rapid
transaction
speeds. 


The
presale
garnered
$56.9
million
by
selling
over
12
billion
coins,
cementing
BlockDAG’s
position
among
the
leading
cryptocurrency
projects.
This
achievement
reflects
strong
investor
confidence
and
highlights
significant
market
potential.



Quant
Faces
Selling
Pressure
from
Whale
Transfer


Quant
(QNT)
trading
has
seen
significant
developments,
notably
with
a
whale
transferring
118.09K
QNT
tokens
to
Kraken,
indicating
potential
increased
selling
pressure.
Consequently,
QNT’s
price
has
declined
by
about
20%
over
the
past
year. 


Bearish
technical
indicators,
with
27
signals
in
negative
territory
and
QNT
trading
below
its
50-
and
100-day
EMAs,
further
compound
the
situation.
Market
analysts
maintain
a
cautious
outlook,
expecting
QNT
to
stabilise
by
the
end
of
Q2
2024
amidst
these
challenging
market
conditions.



Bitcoin
Cash
Price
Outlook
Following
Mt.
Gox
Distribution


The
current
state
of
Bitcoin
Cash
price
remains
pivotal,
with
news
of
Mt.
Gox’s
imminent
distribution
of
143,000
BCH
to
creditors.
Despite
initial
concerns
about
potential
selling
pressure,
analysts
believe
this
event
may
not
significantly
impact
the
Bitcoin
Cash
price
due
to
the
modest
increase
in
circulating
supply. 


Recent
technical
indicators
suggest
a
bullish
stance,
with
BCH
price
resilience
near
crucial
support
levels.
Traders
closely
monitor
whether
Bitcoin
Cash
will
rebound
from
this
support,
potentially
signalling
a
continuation
of
its
upward
trend.
This
resilience
underscores
market
confidence
in
Bitcoin
Cash
despite
external
distribution
pressures.



BlockDAG
Addresses
Blockchain
Challenges
with
Innovative
DAG
Structure


BlockDAG
emerges
as
a
robust
solution
to
the
blockchain
trilemma,
which
traditionally
challenges
blockchains
to
balance
security,
scalability,
and
decentralisation.
Utilising
a
Directed
Acyclic
Graph
(DAG)
structure,
BlockDAG
bypasses
the
linear
constraints
of
conventional
blockchains,
enabling
parallel
processing
that
enhances
scalability
while
maintaining
high
transaction
speeds. 


Supported
by
advanced
algorithms
like
k-cluster
and
GHOSTDAG,
BlockDAG
ensures
robust
security
and
swift
transaction
verifications,
fostering
decentralisation
by
facilitating
peer-to-peer
transactions
without
intermediaries.
With
these
technological
advancements,
BlockDAG
achieved
significant
presale
success,
raising
$56.9
million
from
12
billion
coins
at
$0.014
each
by
batch
19.


Analysts
are
optimistic
about
BlockDAG’s
future,
projecting
BDAG
coin
prices
to
reach
$10
by
2025.
This
projection
is
based
on
BlockDAG’s
ability
to
maintain
uncompromised
security
and
scalability,
positioning
it
as
a
top
cryptocurrency
project.
As
more
investors
recognise
its
potential,
BlockDAG
becomes
the
preferred
choice
for
those
seeking
efficient,
secure,
and
decentralised
financial
solutions.
Furthermore,
the
integration
of
cutting-edge
technology
positions
BlockDAG
to
lead
the
cryptocurrency
market,
addressing
critical
infrastructure
needs
across
various
industries
and
expanding
its
applicability
and
appeal.



Why
BlockDAG
Stands
Out


BlockDAG
is
a
compelling
investment
opportunity
in
a
volatile
market
with
volatile
Bitcoin
Cash
prices
and
bearish
Quant
trading.
Unlike
other
top
cryptocurrency
projects
facing
external
pressures
and
market
uncertainties,
BlockDAG
has
demonstrated
remarkable
stability
and
growth
potential
through
its
successful
presale. 


Its
innovative
DAG
structure
ensures
security,
scalability,
and
decentralisation,
making
BlockDAG
poised
to
outperform
other
cryptocurrencies.
Projections
indicate
a
$10
coin
price
by
2025,
making
BlockDAG
an
exceptional
choice
for
investors
seeking
reliable
and
efficient
cryptocurrency
solutions.


Join
BlockDAG
Presale
Now:


Disclosure:
This
is
a
sponsored
press
release.
Please
do
your
research
before
buying
any
cryptocurrency
or
investing
in
any
projects.
Read
the
full
disclosure here.

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