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BlockDAG Secures Impressive Funding and Readies X1 Mobile Mining App Launch

May 2, 2024

BlockDAG has achieved significant success in its presale, raising $22.2 million and selling over 8.3 billion BDAG coins. This notable achievement also included the distribution of mining equipment units amounting to $2.3 million.

The project's growth is substantiated by its compatibility with the Ethereum Virtual Machine ecosystem, providing scalability and investor trust. Price increases reflect a potential 30,000x ROI, with analysts predicting the price to reach $30 by 2030.

In contrast, the InQubeta MEXC listing faced market challenges following its debut, with a current live price decline and a 24-hour trading volume of $41.40K. Despite its $13.6 million presale success, experts' projections of 50x growth are yet to materialize.

BlockDAG's upcoming X1 mobile mining application, set to launch on June 1st, aims to revolutionize crypto mining by enabling users to mine up to 20 BDAG coins daily on regular smartphones. The app's innovative algorithm prioritizes efficiency and battery conservation, bringing accessible mining opportunities to enthusiasts and dedicated miners.

As BlockDAG stands out for its robust performance in presales and forthcoming app launch, highlighting its growth potential and stability, it emerges as a more appealing investment option compared to the challenges seen in the InQubeta MEXC listing.

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