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BlockDAG Gathers Attention Amid Solana and XRP Price Decline

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by Giorgi Kostiuk

a day ago


Recent fluctuations in the cryptocurrency market have resulted in volatility, while the new player BlockDAG shows growth with its X1 Miner app, capturing the attention of users worldwide.

BlockDAG's X1 Miner Hits 1 Million Users

The X1 Miner app from BlockDAG has successfully surpassed 1 million users. This app distinguishes itself by allowing any smartphone user to start mining BDAG coins easily. Currently, more than 19.2 billion BDAG tokens are up for sale.

Solana (SOL) Price Drops by 23%

The price of Solana has fallen by 23%, dropping below critical support levels. The Relative Strength Index (RSI) shows 22.5, indicating an oversold condition. The current price of Solana hovers around $90, and there is a possibility of further decline to $80 or lower if the trend continues.

XRP Liquidation Exceeds $65 Million

The XRP liquidation exceeded $65 million after a 15% drop in price. This crisis occurred amid geopolitical uncertainty. XRP is trading below its 200-day moving average, and if the decline continues, it could fall to as low as $0.38.

Given the current market situation, the heightened interest in BlockDAG appears to be a significant trend amid the price drops of Solana and XRP. This may become a new opportunity for investors and users.

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