The ever-changing crypto world is dominated by three tokens: BlockDAG Theta, Cardano. BlockDAG X1 Mobile Mining App, a user-friendly app that sets a benchmark in accessible crypto mining, was unveiled with a keynote from the moon.
Theta Network started the year with a bang, but it is now struggling to recover, while Cardano struggles amid a rise in Ethereum because of ETF interest. BlockDAG stands out for its innovation, earning $41.6M in presale. Its strong market position also makes it a top choice.
Is Theta Network Poised for a Rebound?
Theta Network, initially a star performer this year, rose by over 250% to reach $3.70 but has recently faced significant resistance, pulling its price below $2.50. There are signs of a recovery in Theta’s market as it has grown by 2.4% over the past week with consistent rises in trading volumes, signalling a resurgence of investor interest despite the price dips. Market analysts believe Theta could break past $3 by Q2’s end, marking it as a cryptocurrency worth watching.
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/1717535266_303_Leading-Beyond-Theta-Cardano.png)
Cardano at Risk of Dropping as Ethereum ETF Excitement Grows
Cardano’s value has slid to approximately $0.45, impacted by growing investor excitement around Ethereum after the SEC approved Ethereum ETFs. With the market’s focus shifting to Ethereum, which has jumped 25% recently, networks like Cardano are feeling the pressure, with a 12% decline noted. Trading data from Coinglass shows a significant bearish outlook with $11.91 million bet against ADA compared to $5.9 million on bullish positions.
If this negative sentiment persists, Cardano risks breaking below its current support of $0.45, potentially dropping to $0.40. Investors are advised to keep a close eye on these developments, especially with introducing the Ethereum ETF, which may be exacerbating Cardano’s challenges.
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BlockDAG’s Recent Keynote Highlights X1 Mobile Mining App’s Beta Release
BlockDAG is making waves as a top altcoin pick for 2024, fueled by the buzz from its latest moon-based keynote. The event showcased more than 45 updates that demonstrated BlockDAG’s speed, accessibility and security within the realm of digital currencies.
But the X1 mining mobile app was in focus, as it is designed for efficiency and simplicity. This app features an easy signup, a friendly interface, and the ability to increase mining capacity every day by simply pressing the lightning icon. The Beta version was released on 3rd June and includes functionalities like a wallet to store earnings, an option for receiving and sending funds, as well as a leaderboard for competition and community interaction.
The X1 App allows users to mine as many as 20 BDAG Coins per day with minimal battery and data consumption, compared to the complexity of Bitcoin mining. The app balances resource usage to maintain devices operating smoothly.
BlockDAG’s Moon Keynote and the X1 Miner Beta App Launch have prompted comparisons with Bitcoin and Kaspa. BlockDAG’s price is $0.0095 and it will reach $1 in 2024. Its presale reached $41.6million. It is a great way to get crypto without the need for expensive mining.
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/1717535268_21_Leading-Beyond-Theta-Cardano.png)
Top Altcoins to Watch This June
While Theta Network may bounce back and Cardano faces downward trends, BlockDAG’s phenomenal presale achievements and groundbreaking advancements set it apart as the preferred investment option. The X1 mobile mining app exemplifies BlockDAG’s dedication to innovation and user engagement, earning $41.6 million in its presale. With its projected rise to $1 in 2024, BlockDAG presents an attractive proposition for investors looking for substantial returns and the latest in crypto technology.
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/1717535266_303_Leading-Beyond-Theta-Cardano.png)
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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Source: blockchainreporter.net