Solana

Success of BlockDAG Shibuya | ETH vs. SOL

Published

8 months ago

23 May, 2024

Last updated: May 23, 2024, 11:37 a.m. EDT | 3 minutes of reading

Social media platforms were abuzz with discussions of Ethereum vs. Solana, fueled by notable value stocks as they entered new price zones. On the other hand, GameStop’s token price has increased significantly due to the massive rise in the stock market. In the meantime, BlockDAG (BDAG) continues to attract the attention of global investors with its innovative mining devices and pre-sale success.

BlockDAG, which is currently in batch 14 of its presale, has grossed $30 million, significantly boosted by its exclusive opening video which went viral after its launch at Shibuya Crossing. This event offered lucrative profit opportunities and passive income streams. Such success has led experts to predict a 30,000x ROI for BlockDAG, positioning it as one of the top cryptocurrencies to watch in 2024.

Ethereum vs. Solana: Price Actions and TVL Changes Fuel Social Media Buzz

There is a lot of discussion on social media about the Ethereum vs. Solana rivalry due to recent price actions and TVL changes. According to Lunar Crush, Ethereum had a social dominance of 9.35% with 45.18 million interactions, and Solana 8.85% with 42.4 million interactions, both with 85% positivity. However, Santiment data showed a decline, with Solana dominating at 4.7% and Ethereum at 7%.

Despite a slight decline, Ethereum rose slightly, indicating a weak uptrend. Meanwhile, Solana has seen consecutive uptrends, notably increasing since mid-May and showing a stronger uptrend. TVL for both has increased over the past month, with Solana seeing another increase.

GameStop Token Price Rises After Roaring Kitty Returns; Analysts advise caution

GameStop’s stock and crypto movements saw a spike after the return of retail trader “Roaring Kitty” (Keith Gill). The price of the GameStop token increased significantly, while the value of GameStop shares increased in two days. Roaring Kitty’s return to social media sparked this resurgence, echoing its influence during the 2021 bull market. Despite this sharp rise, eToro analyst Josh Gilbert doubts its longevity. However, the GameStop token price remains profitable at the moment, making good gains. Despite the increase in market capitalization and trading volume, analysts recommend caution.

Global Impact of BlockDAG: Keynote Display and X100 Miner

BlockDAG has gained huge momentum in the cryptocurrency market and increased its awareness through a comprehensive presentation of its exclusive products. opening video, who detailed his project and products, attracting wide attention. This speech was highlighted on billboards at Tokyo’s Shibuya Crossing, one of the busiest pedestrian areas in the world, highlighting the power of strategic marketing in the competitive crypto landscape.

The keynote highlighted BlockDAG’s integration with major DeFi exchanges such as Bitget and CoinEx. It also showcased its mining devices and a user-friendly crypto payment card. This card, in partnership with leading banking-as-a-service providers, allows seamless spending of BDAG and other cryptocurrencies, such as Bitcoin, without waiting for transaction approval or undergoing complex KYC procedures . Accepted by 38 million merchants worldwide, the card demonstrates BlockDAG’s commitment to innovation.

Additionally, BlockDAG demonstrates its commitment to simple and efficient passive income through its ASIC mining devices, the X Series. Highlighting its powerhouse, the X100, a cryptocurrency mining giant with a hash rate of 2 TH/s and a power consumption of 1800W, earning up to 2000 BDAG per day, which is equivalent to $100 at the official launch price. It balances performance with controlled noise, uses advanced ASIC technology for efficient block mining, and offers scalability for evolving needs, making it ideal for serious miners.

Conclusion

As social media talks about the Ethereum vs. Solana rivalry, Solana sees a greater increase in TVL. Although the price of the GameStop token surged after the return of the “Roaring Kitty” retail trader, analysts advise caution due to the project’s longevity concerns. On the other hand, BlockDAG entered its batch 14 with 9.4 billion coins and 5,895 miners sold, including the powerful minors. Powered by the viral talk and its dazzling display at Shibuya Crossing in Tokyo, BlockDAG’s success has led experts to predict a solid 30,000x ROI potential, making BlockDAG one of the top cryptocurrencies to watch in 2024.