Market
BlockDAG Network’s New Hashtag #BlockDAGMoon Takes Over Twitter
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions.
The BlockDAG Network project stands on a new technology that has the potential to change the cryptocurrency industry and the way users interact with digital finance.
Unlike traditional blockchain networks, BlockDAG uses a directed acyclic graph (DAG) structure to achieve greater scalability, faster transaction speeds, and increased security. This innovative approach has caught the attention of both industry experts and the wider public, sparking significant interest and discussion across social media platforms with a new hashtag trending right now #BlockDAGMoon.
The release of the project’s highly anticipated second keynote “From the Moon” is the latest update from the team and it showcases the impressive progress and innovations within the technology.
The Buzz Around Keynote 2: “From the Moon”
The second keynote video from BlockDAG Network has generated immense excitement among its community and beyond. Following the success of their first keynote released in April, the team decided to go even bigger and better, delivering an engaging and informative presentation that delves deep into the latest developments, advancements, and future plans of the project. This video is a testament to BlockDAG’s commitment to transparency and continuous improvement.
Key Highlights from the Keynote
- X1 Miner App Release: One of the standout announcements in the keynote is the release of the X1 Miner app, now available on both the Apple Store and Google Play. This app represents a significant milestone, allowing users to experience the full suite of features including wallet functionalities, send/receive modules, and a community section, all set to be fully integrated before the mainnet launch.
- Mainnet Launch News: The keynote provided crucial updates on the imminent mainnet launch, marking a major step forward in BlockDAG’s journey. This launch promises to bring enhanced capabilities and a more robust blockchain ecosystem.
- Presale Milestone: BlockDAG has successfully raised $36 million and counting in its presale, with a current daily inflow of around $500,000.
- Advancements and FAQs: The video also covers many development updates, answering frequently asked questions and providing a transparent view into the project’s daily progress. This continuous stream of information keeps the community informed and engaged.
BlockDAGMoon Takes Over Twitter
As the second keynote video circulates, the hashtag #BlockDAGMoon has quickly gained traction and gone viral on Twitter, reflecting the widespread excitement and engagement within the community. Users are sharing their thoughts, updates, and support for BlockDAG, contributing to the growing visibility and credibility of the project.
The community is actively discussing the new developments, sharing their excitement about the X1 Miner app, and expressing anticipation for the upcoming mainnet launch. This heightened interaction indicates a deeply engaged and supportive follower base.
The hashtag #BlockDAGMoon has become a trending topic within the crypto circles on Twitter. Users are leveraging this hashtag to share insights, predictions, and their enthusiasm for BlockDAG Network’s future. This viral trend not only boosts visibility but also attracts new followers who are curious about the buzz surrounding the project thereby expanding the project’s reach.
Key influencers in the cryptocurrency space have picked up on BlockDAG’s momentum. Their tweets and retweets amplify the project’s reach, introducing it to a broader audience. These endorsements add credibility and foster a larger community discussion around BlockDAG’s innovations.
BlockDAG Network’s latest keynote and the viral #BlockDAGMoon hashtag represent more than just a series of updates; they represent a movement towards a decentralized, democratic and technological future. The project’s commitment to transparency, advancement, and community engagement sets it apart from other newly launched platforms currently on the market; When looking at BlockDAG Network’s historical performance and current crypto-trends it is clear that the project has potential to become a household name in the industry.
Read About BlockDAG Presale: Website | Presale | Telegram | Discord
Disclaimer
This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Best Solana Airdrops for Early Crypto Access
As Bitcoin hauls altcoins further north in the wave of US election euphoria, crypto airdrops provide investors with low-bar entries into early-stage projects without any initial investment.
DeFi and airdrops researcher Jussy.Sol highlighted several crypto airdrops offering investment opportunities.
Switchboard: Plug into the On-Chain Economy
Switchboard airdrop is potentially confirmed, with orbs available for earning when participants supply liquidity to any partner project or complete quests. They have also recently announced a partnership program with Monad, which could culminate in a commendable airdrop.
“If you missed $1,500 — $3,000 drop from PYTH, you still have a chance to get SWITCH. To collect ORBs, use their partner protocols (RainFi, Save, Dumpyfun, Marginfi, All Domains, Drift), and stay active in Discord,” the researcher noted.
Read more: What are Crypto Airdrops?
Indeed, participation criteria include participating in community tasks and engaging with supported protocols to increase orbs, ultimately improving one’s chances in the airdrop. The Solana Guides website notes Flexlend, AllDomains, Solend, Marginfi, and Kamino as named protocols to engage. Of note, however, is that the Switchboard airdrop remains “severely underfarmed.”
Stabble: Revolutionizing Liquidity
Advertising as Solana’s first frictionless liquidity and trading layer, Stabble reserved a significant allocation for its STB airdrop. To be eligible to receive the airdrop, interested participants must be active users of the protocol, among other criteria.
Participants can earn points by executing swaps, depositing liquidity, or creating and managing pools. The more points one earns, the larger their airdrop, with the first season starting with the mainnet launch and ending with the TGE. Meanwhile, the project introduced methods to boost points earned.
“Users will need to spend significant time on the Stabble platform, have a strong understanding of DeFi, and be willing to provide in-depth feedback on features, UI, and UX — offering suggestions for improvements as engaged users. Feedback will be delivered in a structured manner, with feedback forms and accompanying loom/screen recordings where required,” Stabble detailed.
Kamino Finance: Concentrated Liquidity Layer
Another crypto airdrop on Solana is Kamino Finance. It offers lending and borrowing while providing access to a whole slew of vaults, effectively delivering multiple DeFi strategies.
Kamino has publicly confirmed its rumored airdrops and tokens. The simple premise is that users earn points by using Kamino products. As soon as season three of the airdrop goes live, the points will be converted into KMNO tokens.
“In Season 3, earn KMNO by using their platform — Multiply, Vaults, Lending, Borrowing, Long/Short,” said Jussy.Sol.
For reference, Season 2 distributed 3.5% of Kamino’s total token supply, 350 million KMNO tokens, which were worth around $13.5 million over four months. Season 3 started on August 1. The estimated total points at the end of Season 3 would be around 674 billion, representing a 36.1% increase compared to Season 2.
Dawn: Delivering Internet Service
Through the Dawn protocol and hardware, property owners or residents can buy and sell Internet capacity in the area around them. While the project empowers users to operate as their own Internet provider, Dawn Airdrop remains unconfirmed, according to airdrops.io.
Nevertheless, users receive free reward points by installing DAWN’s validator extension and participating as a validator node. Participants must also refer 30 to 40 users and follow DAWN on X, Discord, and Telegram. Earned points can later be converted to an airdrop.
“In such Airdrops, those who have referrals win that’s why Dawn reached 1M users, so fast,” Jussy.Sol added.
Cube: Providing Next-Gen Multi-Chain Experience
Cube is committed to actively participating in the development of decentralized cross-chain protocols and Web 3.0 infrastructure. According to Jussy.Sol, Cube plans to launch both its token and the mainnet of the intent network in the second quarter of 2025.
Nevertheless, the researcher observes that the testnet task will debut imminently. Based on this, they urge users to hold their deposits and get “Loot Boxes” every Sunday. Moreover, participants can earn points by opening these boxes, with the points being directly proportional to the rewards. Meanwhile, others like @Airdrop Guard on X say Cube is in line to win in the Solana ecosystem.
Solayer: Building Restaking Network Natively On Solana
Among the potential airdrops, Solayer is running a rewards system. While they do not have their own token yet, new registrations and deposits position users for the airdrop once the token debuts.
Meanwhile, Solayer has also rolled out its mainnet, allowing users to earn additional rewards. Participation requires meeting specific criteria, including depositing 10 native SOL tokens, joining epoch, referring depositors, and using all invite codes, among other requirements.
“Deposit amount, deposit duration, higher multipliers for native SOL deposits,” the researcher noted.
Flash Trade: Trading and Earning
Flash Trade presented its FAF token, which is expected to debut in the fourth quarter (Q4). Meanwhile, the Flash Trade airdrop is confirmed for Flash Trade NFT holders, although it remains unclear how much they will receive. Meanwhile, experts urge airdrop farmers to continue trading, open several positions, and deposit in Liquidity Pools.
The Vault: Aligning Financial Stakes with Social Stakes
Featuring among the confirmed airdrops, The Vault does not have its own token, but one could launch soon, offering an airdrop to users who collect points. This means users who collect points will be able to redeem their governance token once the token launches.
Read more: Best Upcoming Airdrops in 2024
The Vault airdrop was moved to 2025, extending the runway for interested airdrop farmers. Participation requirements include staking SOL or providing liquidity to the Saber SOL-vSOL pool and staking the LP tokens in the quarry to earn points.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Celestia and GOAT investors turn to Poodlana to try and recoup losses
- Goatseus Maximus (GOAT) and Celestia (TIA) are facing significant price declines.
- Poodlana (POODL) offers a low entry price of $0.003221, attracting new investors.
- Poodlana raised $8 million in presale, indicating strong demand and growth potential.
In the volatile world of cryptocurrency, investors are constantly searching for opportunities to recover from losses and capitalize on emerging trends.
Recently, many have been looking toward Poodlana (POODL), a Solana-based meme coin that is gaining traction as established cryptocurrencies like Celestia (TIA) and Goatseus Maximus (GOAT) face challenges.
As these established coins face challenges, Poodlana offers an attractive alternative for investors hoping to regain their footing in the market.
GOAT and Celestia face challenges
Goatseus Maximus (GOAT), currently ranked at position 146 by market cap, has recently experienced a significant downturn.
Currently priced at $0.5368, GOAT has seen a decline of approximately 4.4% over the past 24 hours, exacerbating its losses, which now stand at nearly 30% over the past month. Following the price decline, investor confidence has waned, leaving many seeking alternative investments that might offer better potential returns.
On the other hand, Celestia (TIA) has also faced its share of difficulties. Priced at $4.63, TIA has seen a notable decrease of around 7.4% in the last day, following the unlock of 176 million TIA tokens, which raised concerns among investors.
The token unlock event not only triggered fear, uncertainty, and doubt (FUD) in the market but also led to a price drop of about 9%. Analysts suggest that the failure to maintain the critical support level of $4.506 could trigger further declines, with potential selling pressure looming due to the significant token supply now in circulation.
Taran Sabharwal, CEO of the Stix trading platform, has attempted to reassure investors by clarifying that not all unlocked tokens will be available for immediate sale, as there is a 21-day unstaking period. However, the sentiment remains cautious, with many investors anticipating further declines in the short term.
Both GOAT and TIA have thus left their investors on edge, leading many to explore new opportunities.
Poodlana emerges as a promising alternative
Amidst the uncertainty surrounding GOAT and Celestia, Poodlana (POODL) emerges as a beacon of hope for investors looking to recoup their losses.
As a Solana-based meme coin, Poodlana has captured the interest of many due to its low entry price of $0.003221, offering significant growth potential compared to the more established cryptocurrencies. Poodlana has already demonstrated promise by raising $8 million during its presale, indicating strong demand and interest among investors.
The allure of Poodlana lies not only in its price but also in the favourable macroeconomic conditions projected for 2024.
Analysts anticipate a lower interest rate environment in the coming months, which could enhance liquidity in the market, thus favouring altcoins like Poodlana. Historically, meme coins have thrived in similar conditions, and with its strong foundation, Poodlana is well-positioned to benefit from these trends.
Additionally, the upcoming US presidential elections may catalyze the cryptocurrency market. Both major candidates have expressed favourable attitudes toward cryptocurrencies, potentially leading to a more supportive regulatory environment.
This political backdrop, combined with Poodlana’s already solid standing as a project built on the fast and cost-effective Solana network, adds another layer of appeal.
Moreover, Poodlana has gained visibility by being listed on three major exchanges: MEXC, Raydium, and BingX. This accessibility provides a broader audience with the opportunity to invest and increases its growth potential, particularly for those who may have missed the early gains of other meme coins like Dogecoin and Shiba Inu.
Conclusion
As investors from GOAT and Celestia grapple with the recent market challenges, Poodlana stands out as a promising alternative.
With its low entry price, strong presale success, and favourable market conditions on the horizon, Poodlana (POODL) presents an attractive opportunity for those looking to recoup losses and capitalize on future growth.
If interested in POODL, you can visit the official Poodlana website for more information about the project.
Market
Why Solana Volume Could Be Key In Driving SOL Price Higher
Solana (SOL) volume has risen to a three-month high of $8.33 billion following reports that Donald Trump is set to be announced the winner of the November 5 US presidential elections. This development also comes with a notable 11% price increase for the altcoin within the last 24 hours.
Will this significant increase have a greater effect on SOL’s price? This on-chain analysis checks whether the cryptocurrency’s value may continue to increase.
Interest in Solana Spike During US Elections
According to Santiment data, on November 5, before the elections began, Solana’s on-chain volume was less than $3 billion. However, as of this writing, the metric has risen by over 150%, indicating a notable increase in interest in the cryptocurrency
This rise also coincides with BeInCrypto’s forecast that the US elections could positively impact the price. At press time, Solana’s price has hit $183.84. From a trading perspective, when a cryptocurrency’s price rises alongside the volume, it means there is enough strength to buck the trend.
On the other hand, falling volume during an upswing suggests that the trend is weak and that the price can retrace. Thus, if Solana’s volume continues to rise alongside the price, then SOL could climb well above the current value.
Read more: How to Buy Solana (SOL) and Everything You Need to Know
Besides trading volume, Solana’s Open Interest (OI) has also seen a significant uptick. Currently, the OI stands at $2.51 billion, marking its highest level since October 30. High OI is often a signal of strong momentum behind the current market trend, whether bullish or bearish.
On the other hand, a low OI indicates that fewer traders are actively involved in the market. Therefore, this increased OI reinforces the underlying price direction and makes it likely that the current trend will continue.
SOL Price Performance: Rally to Move Closer to $260
On the daily chart, Solana has formed a bullish flag pattern, a continuation setup that typically signals further upward movement after a brief consolidation. This pattern emerges when a strong upward price movement, or “flagpole,” is followed by a period of sideways or slightly downward action, forming a “flag” shape.
Following the bullish flag formation, SOL experienced a breakout above the flag’s upper trendline, which led to a notable rally. Should this trend remain the same, SOL’s price might break above the overhead resistance at $193.90.
Read more: Solana (SOL) Price Prediction 2024/2025/2030
If that happens, the altcoin’s value could move much closer to the all-time high of $260. On the contrary, a decline below the $161.81 support and Solana’s volume might invalidate this thesis. In that scenario, SOL’s value could drop to $141.98.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
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