Dogecoin, the top meme coin, is showing signs of recovery with a 1.8% increase, as noted in the recent price forecasts. Meanwhile, Cosmos is propelling web3 interoperability forward with the introduction of the Valence protocol, a notable stride in the world of Cosmos.
Amidst these updates, BlockDAG captures the spotlight with its $2M community giveaway, bold roadmap, and dynamic development releases. With presale coin figures soaring to $53.5 million by batch 18, BlockDAG's active developments and community engagement efforts demonstrate its substantial growth and potential for widespread adoption.
Cosmos has unveiled Valence, a new cross-chain protocol designed to advance web3 interoperability through the Inter-Blockchain Communication (IBC) protocol. Valence aims to bolster economic connections among crypto-native organizations and enhance the IBC ecosystem. It supports diverse platforms including Bitcoin Layer 2s, Ethereum protocols, and Solana DAOs.
Valence is set to amplify liquidity, facilitate lending protocol-owned liquidity markets, and heighten network transparency. This initiative seeks to drive broader adoption of the Cosmos ecosystem and its ATOM currency. Despite a general downturn in the crypto market, ATOM currently trades at $6.53, marking a 22% drop over two weeks yet displaying a bullish divergence on the weekly RSI. This is a significant development in the ongoing Cosmos narrative.
Dogecoin, the heavyweight memecoin by market capital, is bouncing back from a steep decline. As of June 19, DOGE climbed by 1.8% to $0.1246. After tumbling 31% from a peak of $0.174, it now seeks to overcome the resistance at $0.1315 in the declining channel.
Surpassing this threshold could propel DOGE towards $0.150 and potentially up to $0.180. Although the daily RSI hints at emerging buying interest, falling below $0.122 could see prices drop towards $0.112 or even lower to $0.10, aligning with the latest forecasts.
BlockDAG Network is initiating a $2 million giveaway, awarding substantial cash prizes to 50 of its community members. To join, participants are required to engage on social media, enter their wallet address, undertake a variety of quests, and encourage friends to join, boosting their odds of winning. Winners will be chosen randomly and announced on BlockDAG's platforms, enhancing participation and celebrating community involvement.
A 10% referral bonus is at the heart of BlockDAG's community engagement strategy, aimed at boosting active participation and natural growth. This effort rewards current members for aiding in the expansion of the project, strengthening loyalty and a collective community spirit. Through this community-centric growth strategy, BlockDAG seeks to develop a sustainable and dynamic ecosystem, empowering users to take pride in their contributions and foster a sense of belonging.
Furthermore, BlockDAG is promoting transparency and engagement through its Dev Releases page. The most recent, the 57th release, implements PoW opcodes to heighten efficiency and roll out new tools for developers. The strategic plan includes thorough testing of the X1, touted as the top crypto cloud mining application, to iron out significant bugs and performance hurdles. An imminent internal bug bounty program is set to enhance the app's reliability and performance, enhancing both user experience and the efficiency of the network. These developments reinforce BlockDAG's reputation as a formidable blockchain ecosystem.
Amid Dogecoin's recovery prospects and Cosmos's advancements in web3, BlockDAG distinguishes itself with an all-encompassing development strategy and a focus on community engagement.
BlockDAG's $2M giveaway, detailed roadmap, and current dev releases emphasize its commitment to transparency and user-centric advancements. With its presale amassing $53.5 million by the 18th batch, BlockDAG is proving to be a formidable force in the crypto realm, cultivating an active and enthusiastic community.
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
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