BlockDAG Keynote 2 from the Moon Explained: How It Will Impact Layer 1 Blockchains Like NEAR Protocol and Tokens Like Render


Cryptocurrency enthusiasts have seen dramatic shifts this year, with Near Protocol experiencing a 22.06% drop in January 2024 followed by a 36.11% surge in February, enticing investors to jump back in. Meanwhile, Render (RNDR) reached an all-time high of $13.60 in mid-March 2024, stirring hopes of substantial growth.

However, BlockDAG has truly set itself apart, raising over $40.8 million in its presale and presenting significant advancements, including the X30 miner, at a keynote directly from the moon, cementing its potential as a leading cryptocurrency of 2024.

NEAR Protocol's 2024 Journey 

NEAR Protocol experienced a significant % price surge of 23% after breaking through a long-standing trendline, achieving an impressive year-to-date return of 120.28%. The market capitalization also saw an intraday increase of over 2%. NEAR, a layer 1 blockchain, addresses challenges like low transaction speeds and interoperability, providing a conducive environment for decentralized applications.

Furthermore, the native token has grown substantially since February 2024, drawing considerable interest. Despite some profit-taking in January, NEAR's price has shown a robust uptrend, particularly after rebounding from the 50-day EMA. Currently, the resistance level is $8.41.


Why BlockDAG is 2024’s Hottest Crypto 

BlockDAG has quickly distinguished itself in the cryptocurrency arena, raising over $40.8 million in its presale and showcasing its potential as the best presale crypto of 2024. In a recent keynote, presented directly from the moon, BlockDAG unveiled significant advancements, including the powerful X30 miner with a robust 280 GH/s hash rate, aimed at democratizing mining. This keynote highlighted BlockDAG's dedication to innovation and community engagement, emphasizing their goal to make blockchain technology accessible to all. Moreover, the keynote 2 also showcased BlockDAG’s achievements, including the mainnet launch and recognition from prestigious publications like Forbes and Bloomberg.

Additionally, BlockDAG’s technical prowess has been further highlighted by the introduction of the X1 beta app and the all-human Team DOX. The platform's low-code/no-code ecosystem simplifies blockchain development, enabling the creation of utility tokens, meme tokens, and NFTs with customizable templates. This approach accelerates development timelines and reduces time to market, fostering a vibrant ecosystem of diverse new projects.


Furthermore, analysts predict a potential 30,000x return on investment for BlockDAG, making it an attractive opportunity for investors. With the mainnet launch approaching and endorsements from industry giants, BlockDAG is poised to become a leading platform for blockchain projects. As the presale nears its conclusion, now may be the critical time to invest in this promising venture.

Will RNDR Break Through Resistance 

Render (RNDR) expects substantial growth by the end of the year. During a period of market consolidation, RNDR achieved its all-time high of $13.60 in mid-March 2024. However, the price experienced a significant decline, falling to a low of $6.4 in the second week of April. By late May, RNDR had impressively surged by 85% from its April low, reaching $11.82. 

Despite a subsequent decline to the $10 threshold, technical analysis indicates a potential imminent breakout. If RNDR can successfully surpass the resistance trendline, it may pave the way for additional gains. Consequently, this could potentially lead to a retest of its previous all-time high by the end of the second quarter, marking a significant milestone for the cryptocurrency.

The Last Call 

Near Protocol experienced a 22.06% drop in January 2024 but rebounded with a 36.11% surge in February, attracting renewed investor interest. Render hit an impressive all-time high of $13.60 in mid-March 2024, fueling future growth expectations.

Yet, BlockDAG has distinguished itself by raising over $40.8 million in its presale and unveiling groundbreaking advancements, including the X30 miner, at a moon-based keynote, solidifying its status as a premier cryptocurrency of 2024.


Invest in the BlockDAG Presale Now:

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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