In 2023, there has been a growing interest in AI-based and meme-driven cryptocurrencies. BlockDAG's X1 app has officially surpassed 2 million users.
Bittensor (TAO) Market Analysis
Bittensor (TAO) has emerged as one of the leading AI-linked cryptocurrencies. Recent investments from firms like Oblong and Synaptogenix highlight TAO's changing approach among traditional businesses toward crypto infrastructure. Currently, TAO boasts a market capitalization exceeding $3.8 billion.
Dogecoin (DOGE) Price Projection
Dogecoin has been capturing the interest of users and analysts, with predictions suggesting a spike to $2.28 based on Fibonacci levels. Additionally, DOGE has around 7.97 million unique wallets, making it the third largest cryptocurrency by address count. However, Dogecoin faces challenges in terms of a clear future utility strategy.
Achievements of BlockDAG's X1 App
BlockDAG's X1 app, utilizing a Proof-of-Engagement model, has reached 2 million active users. The platform is notable for its low energy consumption, daily engagement opportunities, and social features. After hitting 1 million downloads in May, it achieved the next million within four weeks.
With an increasing user base and new features, BlockDAG is positioning itself as a key player in the Web3 sector. While other projects like Bittensor and Dogecoin continue to garner attention, the practice of real user engagement may become a decisive factor in the future of the crypto landscape.
