Amid the challenges faced by Pi Network and NEAR Protocol, BlockDAG successfully demonstrated its technology, showcasing strong demand for its products.
Issues Faced by Pi Network
The Pi Network price remains around $0.44, down 9% weekly. The project is reminding users to complete the KYC process and enable two-factor authentication for enhanced security. The price has dipped slightly over the last 24 hours, despite circulating rumors about upcoming updates.
Sharp Decline of NEAR Protocol
NEAR Protocol experienced a sharp 5% decline, falling from $3.01 to $2.89. This drop occurred amidst increased trading volume exceeding 5 million. Market participants note rising uncertainty, leading to a bearish trend.
BlockDAG Live Demo Showcases Capabilities
BlockDAG held a live demo of its technology without unnecessary promises. CEO Antony Turner and CMO Nicolaas Van Den Bergh demonstrated how the X1 app connects to X10 hardware for real mining. Sales of the equipment exceeded 18,860 units, generating over $7.6 million. These figures confirm the growing trust in the project.
Despite the challenges faced by Pi Network and NEAR Protocol, BlockDAG shows positive results and attracts users with its innovative technology. The prospects for this project appear promising.
