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The SEI price has declined by 3.91% in the past 24 hours following the distribution of over 27 million SEI tokens. Meanwhile, Aave has proposed launching the Aave Blockchain as a primary network hub for Aave and its native stablecoin GHO.
In contrast, BlockDAG's (BDAG) release of its Moon Keynote 2 has generated global hype, propelling presale to $41.5 million selling 10.7 billion coins and 7100+ miners. The updates discussed in the keynote underscore BlockDAG’s potential as a top Layer 1 cryptocurrency, highlighting an impressive potential ROI of 30,000x. With groundbreaking innovations and a rapidly growing community, BlockDAG is poised to revolutionise the crypto landscape.
The SEI price has declined by 3.91% in the past 24 hours, with a 19.51% drop in trading volume. This follows the distribution of over 27 million SEI tokens after a successful v2 upgrade by the Sei Foundation. The airdrop, aimed at rewarding active participation since the Pacific-1 Mainnet launch, faced criticism for fairness.
To address this, the foundation set eligibility criteria, excluding addresses with high SEI holdings or large NFT collections. The v2 upgrade introduced sub-second transaction finality and enhanced scalability, positioning Sei to compete with networks like Monad and Neon.
Aave's proposal suggests launching the Aave Blockchain as a primary network hub for Aave and its native stablecoin GHO, maintaining a multichain and network-agnostic approach for seamless integration across various blockchain ecosystems. The GHO stablecoin could be used to pay gas fees, while the AAVE token would serve as the main staking asset for decentralised validators and sequencers.
This move aims to boost the utility and demand for both tokens. Aave, the largest lending protocol with over $13 billion in TVL, plans to surpass major Layer-2 networks. The crypto community has welcomed this, highlighting a trend of dApps launching dedicated blockchains to enhance interoperability and collaboration.
The second Keynote of BlockDAG showcases significant achievements, including recognition from Forbes and Bloomberg, and support from influential figures in the crypto community. Major updates encompass the launch of the X1 App, enhancements to the blockchain, news about announcing a fully human team, global marketing initiatives, and improvements to the roadmap.
The keynote highlights BlockDAG's DAG implementation, which enhances scalability by confirming multiple transactions simultaneously. They introduced a Low Code/No Code platform and are planning to launch the mainnet four months after the mid-August Testnet. They are raising $500k daily, with projections showing this could increase to $5m daily. The presale is expected to finish within the next four months, aligning with the mainnet launch.
The Lunar Keynote highlights the X1 Miner app, now available in beta on Android and Apple platforms. The app transforms smartphones into efficient BDAG coin-mining devices using an energy-saving algorithm. It features an intuitive interface, a referral system to boost mining rates, and daily engagement incentives. Upcoming modules like Wallet, Send/Receive, Leaderboard and Community Section will enhance functionality. Users can start mining up to 20 BDAG per day, equivalent to $1 at launch.
The SEI price has declined by 3.91% in the past 24 hours following the distribution of over 27 million SEI tokens. Meanwhile, Aave's proposal to launch the Aave Blockchain as a primary network hub for Aave and its native stablecoin GHO shows promise but remains in the planning stages.
In stark contrast, BlockDAG's release of its Moon Keynote 2 has generated global hype, propelling presale to $41.5 million through selling 10.7 billion coins and 7100+ miners. The keynote highlights BlockDAG’s potential as a top Layer 1 cryptocurrency with an impressive potential ROI of 30,000x. With groundbreaking innovations and a rapidly growing community, BlockDAG is poised to revolutionise the crypto landscape, significantly outshining both SEI and Aave.
Join BlockDAG Now!
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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.
