In the cryptocurrency space, BlockDAG's X1 app is attracting more users while major cryptocurrencies LINK and ATOM display mixed dynamics.
Market Status: LINK and ATOM
Currently, Chainlink (LINK) is hovering near its resistance level at $13.59. Recent price movements indicate that traders remain cautious, waiting to see if it will break above or fall below this mark. Some analysts note possible bearish patterns emerging while others believe the price may hold neutral due to low trading volumes.
User Growth of X1 App
BlockDAG's X1 app has attracted over two million users by simplifying crypto mining on mobile devices without requiring extensive setups or draining battery power. This allows users to mine directly from their phones, significantly increasing access to mining.
BlockDAG's Financial Results
The presale of BDAG is showing strong results, raising $336 million and capturing significant attention among investors. To date, 23.8 billion coins have been sold across 29 batches. This rapid growth comes amid rising interest in the project, which is attracting significant attention in the crypto industry.
Although LINK and ATOM are experiencing price stagnation, BlockDAG's X1 app is showing impressive results with over two million users, confirming demand for simple solutions in crypto mining.
