BlockDAG: 120,000 Holders Can't Be Wrong - Why This Hybrid Blockchain is Soaring

Navigating the volatile world of cryptocurrency can be daunting, particularly with the constant emergence and disappearance of new coins. Trust and transparency are paramount when choosing where to invest hard-earned money. BlockDAG, a project launched just a few months ago, prioritises these principles and has already gained the trust of over 120,000 holders. Early supporters have witnessed an impressive 1,680% return on investment. In a recent team video, BlockDAG's CEO, Antony Turner, unveils the technology propelling the project's rapid rise.

Toncoin's 7% Surge - Could a Correction Be on the Horizon?

Toncoin's price has recently jumped by 7%, accompanied by a 143% increase in trading volume. This surge has propelled it to the position of the 9th largest cryptocurrency. While the Directional Movement Index (DMI) indicates strong positive momentum, caution is advised. The Relative Strength Index (RSI) stands at a neutral 55.58, suggesting potential movement in either direction. Traders should closely monitor trading volumes and the DMI, as a decline in volume or a shift in DMI could signal a potential price drop.

Ethereum Gas Fees Hit Five-Year Low at £0.10

Ethereum gas fees have plummeted to an average of just £0.10, marking a five-year low. This reduction is attributed to network upgrades and increased activity on faster layer-2 networks. While lower fees are beneficial for users, there's a caveat: less Ethereum (ETH) is being burned, resulting in a slight increase in the overall ETH supply. Since April, approximately 223,000 additional ETH have entered the market, adding around £475 million in value. Although Ethereum's supply growth remains slower than Bitcoin's, this extra supply might hinder short-term ETH price increases.

BlockDAG's CEO Explains the Tech Driving 1,680% Growth in New Video

BlockDAG's recent team video offers a glimpse into the technology that has garnered the trust of over 120,000 holders. The project has raised over £54.3 million in presale revenue, with 22 out of 45 batches fully sold out. The price of its coin has surged by an incredible 1,680% since Batch 1.

In the video, Antony Turner elucidates the driving force behind this success. "Firstly, we incorporate Bitcoin, the gold standard for security and decentralisation. However, Bitcoin is too slow. Its transaction costs are very high," he explains. This is where Directed Acyclic Graph (DAG) technology comes into play. "We added DAG technology, allowing for much faster transactions," Turner elaborates. But that's not all. "The third component is EVM (Ethereum Virtual Machine) compatibility, crucial for allowing our ecosystem to interact with the Ethereum ecosystem, including their dApps, smart contracts, and wallets."

This combination transforms BlockDAG into a true hybrid blockchain, addressing challenges that even giants like Bitcoin and Ethereum face. The result? A network that's faster, more secure, and more decentralised than any other available.

A Promising Future for BlockDAG

With the potential of BlockDAG's advanced technology now being widely understood, the coin's price is expected to reach £1. For those investing during the current Batch 22 at £0.014 per coin, this could translate into a massive return of over 5,500%. However, with surging demand, Batch 22 could sell out quickly. Those interested in investing should act swiftly before this opportunity vanishes.

The Takeaway

While Toncoin's recent price surge and Ethereum's plummeting gas fees grab headlines, BlockDAG's growth stands out. With its coin poised to reach £1 and a potential return of 5,500% for Batch 22 investors, BlockDAG presents a compelling investment opportunity. This opportunity might disappear rapidly due to the soaring demand. Act now to explore the potential of BlockDAG, a hybrid blockchain poised to revolutionise the cryptocurrency landscape.

Learn More About BlockDAG - Act Now:

Presale: [https://purchase.blockdag.network](https://purchase.blockdag.network)
Website: [https://blockdag.network](https://blockdag.network)
Telegram: [https://t.me/blockDAGnetwork](https://t.me/blockDAGnetwork)
Discord: [https://discord.gg/Q7BxghMVyu](https://discord.gg/Q7BxghMVyu)

Disclaimer:

This article is for informational purposes only and does not constitute financial advice. It is essential to conduct thorough research and consult with a qualified financial advisor before making any investment decisions.