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Why ‘BlockDAG Network’ Is The Hottest Crypto In 2024 Over Polkadot Staking & PEPE Whale Frenzy

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In the 2024 crypto market, BlockDAG, Polkadot, and Pepe are making waves with groundbreaking developments. BlockDAG’s presale has surged to an astounding $28.5 million, driven by a viral keynote in Shibuya and a user-friendly low-code/no-code platform, simplifying blockchain development for everyone. 

Meanwhile, Polkadot has hit a major milestone with 55.68% of its tokens staked, reflecting growing investor confidence and network stability. Similarly, Pepe’s price rally has led to a dramatic increase in whale activity, signaling high volatility and more potential for significant gains. These three projects are capturing the attention of investors and developers alike, making them essential to watch in the crypto market.

BlockDAG’s Dashboard Upgrade & Low-Code/No-Code Platform Ignite Investor Interest

BlockDAG’s presale is experiencing a significant surge, with contributions surpassing $28.5 million. This remarkable growth is driven by robust investor interest and strategic enhancements to the BlockDAG platform. A key highlight is the revamped dashboard, designed to improve user experience and keep investors engaged. 

The new dashboard features an announcements section and a notification tab, ensuring users stay informed with the latest updates. Its competitive ranking system motivates investors by displaying their current rank and the required investment to advance, which helps retain existing investors and attract new ones, establishing BlockDAG as a leading crypto investment for 2024.

In addition to the dashboard, BlockDAG’s low-code, no-code smart contracts platform is revolutionizing blockchain development. This innovative approach allows users without extensive coding knowledge to create and deploy smart contracts using pre-built templates for utility tokens, meme tokens, or NFTs. This lowers the entry barrier, encouraging broader participation in the blockchain ecosystem. 

BlockDAG’s commitment to transparency and progress is evident in its updated roadmap, which outlines key phases like developing a robust peer-to-peer engine, creating the BlockDAG Explorer, and launching the X1 Miner Application. As more users adopt BlockDAG’s platform, the network’s ecosystem will expand, leading to significant growth and a vibrant crypto community.

PEPE Whale Activity Surges Amid Price Rally

The recent surge in Pepe (PEPE) prices has led to a notable increase in whale activity for the memecoin. PEPE’s price jumped by 21% in the past 24 hours, reaching $0.0000102, bringing the total market cap to $4.3 billion, with a daily trading volume of $2.15 billion. Data from Santiment reveals that whale transactions (those over $100,000) soared by 416%, increasing from 135 to 697 in a single day. 

Exchange activity for PEPE also saw a significant rise, with exchange inflows up by 255% to 8.03 trillion tokens and outflows up by 240% to 6.73 trillion tokens. This high activity suggests potential short-term selloffs as whales may take profits. The Relative Strength Index (RSI) for PEPE has been climbing, indicating that the coin is currently overvalued and may face high price volatility.

Polkadot Reaches Major Staking Milestone

Polkadot has achieved a significant milestone with 55.68% of its tokens staked on the network. Over 815 million DOT tokens are currently locked in staking contracts. This increase might reflect growing investor confidence, as staking rewards are attractive. The network’s average reward rate is 16.55%, calculated based on validator payouts over the past 30 days. Staking helps maintain Polkadot’s integrity and security, indicating strong commitment from token holders. 

Despite these positive developments, DOT’s price has faced bearish trends, down 5.93% in the past week and 4.33% in the last month. At press time, DOT trades at $6.67. Investing in Polkadot could be appealing due to its strong staking participation, offering rewards and contributing to network security and stability.

Takeaway

BlockDAG, Polkadot, and Pepe are driving significant interest in the crypto market with their unique developments. BlockDAG’s presale success, powered by a viral keynote and an accessible low-code/no-code platform, highlights its potential as a top investment opportunity. Polkadot’s achievement of staking over 55.68% of its tokens underscores its network stability and investor confidence, offering attractive staking rewards. 

Meanwhile, Pepe’s price rally and surge in whale activity indicate high market volatility but also the potential for significant gains. 

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer. This is a Corporate press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Cryptopolitan.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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