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BlockDAG’s X1 app gains 100,000 users as BCH and FIL stake their claim » The Merkle News

100,000 users and counting! BlockDAG’s X1 mining app attracts Bitcoin Cash and Filecoin investors in August

As the crypto winds shift back into correction mode, certain players like Filecoin and Bitcoin Cash are managing to ride the breeze of the upswing. Yet this instability is stirring up the crypto waters and forcing participants to cast their nets towards newer, more vibrant prospects. Amid a flood of outflows from established coins, BlockDAG is moving forward as a robust Layer 1 project. Its stellar presale has become a beacon for inflows, outmaneuvering market veterans with its visionary potential.

The X1 mining app now has 100,000 users, resulting in an unprecedented pre-sale wave and amassing over $66.4 million. Similar to Ethereum and Bitcoin, BlockDAG’s promising horizon has drawn keen eyes from all corners of the crypto cosmos, including Filecoin (FIL) holders and those betting on Bitcoin Cash (BTC).

Filecoin (FIL) enthusiasts navigate choppy waters

After a steep fall following the March corrections, Filecoin drifted aimlessly, breaking key support levels and hitting lows of $3.79 amid a broader Bitcoin downturn. It has recently recovered to $4.43, representing a strong 16.89% increase from its low and steering it back into familiar trading waters.

While this recovery is notable, it has left Filecoin holders wanting more. The modest upswing cannot fully restore confidence as attention is focused on newer projects promising more lucrative returns, leaving Filecoin’s current performance somewhat helpless in a sea of ​​brighter prospects.

Bitcoin Cash (BCH): Riding a wave of mixed feelings

Bitcoin Cash is currently navigating choppy market waters, fluctuating between $379 and $414, with its sails barely catching the upside winds. Anchored by support at $356 and capped by resistance at $427, BCH has recently dropped over 5%. Despite these headwinds, it has recorded a six-month journey with growth of about 47%, suggesting potential treasures beneath the turbulent surface.

If market events turn favorable, Bitcoin Cash could refocus its course towards $462 and eye a gain of around 15%. However, a gloomy outlook from indicators such as the RSI at 36.30 and the Stochastic at 21.13 suggest impending selling pressure, making participants wary of mixed signals but maintaining hope for notable future gains.

BlockDAG’s X1 mining app: setting new price records

The BlockDAG network rose to fame with the X1 Miner app, which turns smartphones into treasure-hunting ships in the crypto ocean. This sleek, powerful tool mines 20 BDAG coins per day, equivalent to a daily reward of about $1 at launch. The appeal of the X1 app has boosted BlockDAG’s pre-sales, and it now boasts a proud 100,000 users – a milestone that even veteran networks are envious of.

BlockDAG’s presale treasure chest has grown to over $66.4 million, with prices increasing 1600% from an initial treasure of $0.001 to $0.017 at the recent premium. This explosive growth underscores the tremendous confidence in BlockDAG’s market prospects and its navigational abilities in the crypto waters.

The triumph of the X1 app makes BlockDAG a serious contender in the crypto race. The rapid increase in user numbers and growing investor interest are clear signals that BlockDAG is ready to yield big profits. With groundbreaking technology and robust pre-sale profits, the company continues to attract a flood of capital as it speculates on a $600 million pre-sale hoard.

With pre-sale winds reaching gale force, BlockDAG is poised to take its place among the titans of the crypto world. Its promise of high returns and groundbreaking innovations makes it a tantalizing lure for those looking to invest in a project that is not only sailing the crypto seas but also looking to break new ground.

Key findings

As Filecoin and Bitcoin Cash prove their resilience in the market turmoil, BlockDAG’s presale is a shining example of opportunity. Its standout feature, the X1 mining app, has accelerated its course and amassed a crew of 100,000 users – a feat that even the most established networks have failed to achieve. With a hoard of over $66.4 million raised and a 1600% price surge, BlockDAG’s journey into the crypto seas is setting new standards. For those who are familiar with Filecoin (FIL) or follow Bitcoin Cash (BTC) predictions, BlockDAG is a shining example among the best cryptocurrencies to buy right now.

Take part in the BlockDAG presale now:

Disclosure: This is a sponsored press release. Please do your research before buying cryptocurrencies or investing in projects. Read the full disclosure here.

By Olivia

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