BlockDAG Presale Frenzy: Batch 1 Wraps Up in Record Time While Dogecoin Price Declines And MGLS Token Trends
February 2024 has witnessed a bearish trend that took a significant meme coin and one of the top 10 cryptos, Dogecoin (DOGE), to trade below its established support level. In the meantime, a new meme token showed up on the market and got massive attention from meme enthusiasts. Although still in presale, Meme Moguls’ MGLS token competes with old major cryptos like Dogecoin and Shiba Inu.
Meanwhile, major analysts are now looking at a new network that is redefining the crypto landscape with innovative tech, BlockDAG (BDAG), which raised over $1 million in 24 hours, is making waves with the rapid sellout of batch 1 and is currently on batch 2 with an attractive price of 0.0015.
Can Meme Moguls Surge?
Meme Moguls (MGLS) is an unusual meme coin because it’s not only about internet trends but also has a great game where you can play and learn about investing while earning MGLS tokens.
When the first phase of Meme Moguls’ game release begins in March, investors will be able to use a number of the game’s features, such as competing in tournaments, creating virtual portfolios, and interacting with other players. Thus, the MGLS token makes an excellent choice for people looking to invest in trending cryptos.
Dogecoin Price Faces Some Problems
Low trading activity drives DOGE to its knees: There have been some on-chain events that may be the cause of Dogecoin’s loss of its top 10 ranking. Previously, AMBCrypto had reported that the network had a high influx of users and active wallets. However, the most recent data from Santiment indicated that this had changed.
One of the metrics driving the decline was the transaction volume. As of this writing, Dogecoin’s transaction volume was over a billion on February 9th, the number had dropped to 115.97 million since, nearly a 10x decrease from a few days earlier.
Similarly, whales’ transactions within the $100,000 to $1 million range had significantly decreased, suggesting that fewer participants were buying and selling on the network.
BlockDAG’s Sensational Presale Splash In February
Shortly after announcing its presale launch, BlockDAG raised $1 million in 24 hours in its first batch. This incredible triumph pushed the coin to its second batch of trading at $0.0015, a 50% profit reward for early investors.
BlockDAG Coin is revolutionizing the cryptocurrency landscape with its groundbreaking use of the Directed Acyclic Graph (DAG) structure combined with the Proof-of-Work (PoW) consensus mechanism. This innovative approach not only enhances scalability and security beyond traditional blockchain technologies but also promotes a high degree of decentralization.
By integrating DAG, BlockDAG achieves unparalleled transaction speeds and capacity, ensuring the network remains efficient and accessible as it grows. The PoW element further secures transactions, maintaining the network’s integrity and trustworthiness.
However, despite being a lucrative way to invest in this crypto, BlockDAG offers diverse income streams for enthusiasts, and trading is just one of them. In addition to trading, BlockDAG users can profit from Mobile Mining Convenience, an innovative approach that enables users to earn an estimated 20 BDAG Coins daily through a hassle-free mobile mining app.
For more active miners, BlockDAG offers dedicated ASIC miner units that can be accommodated at home and enhance profitability. BlockDAG provides a new image of an investment surrounded by many profit ways and cannot help but make money even when you don’t feel like it.
Invest in BlockDAG Presale:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
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