BlockDAG Celebrates CoinMarketCap Listing on Piccadilly Circus Amid Changes in US Toncoin and Bitcoin ETF Declines
BlockDAG’s exhibition at Piccadilly Circus celebrated the project’s CoinMarketCap listing, and generated anticipation for the X1 app, set to launch on June 1, 2024.
BlockDAG (BDAG) exhibits have attracted attention, in iconic locations such as Shibuya Crossing in Tokyo, The Sphere in Las Vegas and now Piccadilly Circus in London.
These events coincide with the pre-sale of the project, which has so far raised more than $24 million, thus attracting investors from all over the world.
Thus, BlockDAG’s exhibition in London’s Piccadilly Circus announces its listing on CoinMarketCap, which has boosted its anticipated value to $30 by 2030.
So far, in its 11th pre-sale batch, priced at $0.007 per coin, BlockDAG has successfully raised a significant sum of $24.7 million. Its imposing market presence stands in stark contrast to Toncoin’s fluctuating prices and waning interest in US Bitcoin ETFs, which are thriving in Hong Kong by comparison.
Toncoin Price Volatility: Bearish and Bullish Trends Combined
The TON price has been characterized by its volatility, with both downward and upward movements. Recently, TON encountered resistance, with a drop below the 50-day EMA, signaling a bearish trend in the near term.
The currency has shown resilience, surpassing its lowest levels and maintaining a significant increase so far this year. Its resilience signals a moderately optimistic view of its long-term potential. Furthermore, it shows the intricate balance between the market and investor sentiment.
Bitcoin ETFs in the US and Hong Kong: Divergence in Interest
In the United States, Bitcoin ETFs have seen a sharp decline, with a record capital outflow of $15.7 million, reflecting possible changes in investor preferences or regulatory uncertainties.
In contrast, the Bitcoin ETF market in Hong Kong maintains solid growth, likely thanks to a more favorable regulatory climate, or perhaps due to different market conditions that are more supportive of cryptocurrency investments.
From Piccadilly Circus to Shibuya: BlockDAG’s Global Impact:
BlockDAG has illuminated global landmarks from Shibuya Crossing in Tokyo to the Las Vegas Sphere and now Piccadilly Circus in London. These strategic exhibitions have significantly boosted BlockDAG’s profile across continents, starting with a vibrant presentation in Tokyo, followed by an engaging event in Las Vegas.
It is undeniable that BlockDAG’s technology has captivated audiences around the world, showcasing its potential and attracting significant attention.
These events not only highlighted BlockDAG’s technological innovations but also demonstrated its growing acceptance and influence in the global market. This has been further underlined by the sale of over 5,420 miners, generating $2.4 million, and preparations for the upcoming launch of the X1 Miner app, which show BlockDAG’s readiness to transform the mining industry.
By Audy Castaneda