BlockDAG Presale Hits $358M as X1 Miner App Gains 2.5M Users

BlockDAG’s X1 Miner App has surged in popularity, attracting over 2.5 million users since the recent mining demo, which showcased the functionality of the X1 and X10 miners. This real-time demonstration has boosted credibility and user confidence in the project. The presale has raised more than $358 million, with 24.5 billion BDAG coins already sold. Current presale pricing allows the purchase of coins at $0.0016 until August 11. Early supporters have already seen a 2,660% increase in their holdings [1].

Meanwhile, the price of Kaspa (KAS) has declined by 7.31% in the last 24 hours, trading at $0.0974, below its 9-day moving average of $0.1030. The coin is now testing key support levels near $0.093. Technical indicators suggest that a break below this level could lead to further downward movement, while a successful defense might trigger a short-term rebound [1].

On the Arbitrum network, the Arbitrum Foundation has announced a $14 million audit program aimed at enhancing the security of smart contracts. Over the next 12 months, 30 million ARB tokens will be allocated to support early-stage projects with strong development roadmaps. This initiative addresses the high costs of audits, which have previously hindered smaller developers from entering the space. The move signals a broader commitment to improving technical reliability and developer participation within the Arbitrum ecosystem [1].

BlockDAG’s approach to mining through a mobile app has set it apart from traditional models. With no need for specialized hardware, users can begin mining immediately using smartphones. The X10 miner, designed for higher output and control, complements the more accessible X1 miner, catering to both casual and serious users. The project’s focus on transparency, demonstrated through real-world tests and clear user metrics, has contributed to its growing appeal. With 2.5 million users and a robust presale, BDAG is emerging as a strong contender in the competitive cryptocurrency landscape [1].

As the market remains volatile, BlockDAG continues to demonstrate consistent growth in user base, funding, and technological adoption. Unlike projects that rely primarily on governance or price speculation, BDAG’s real-world traction and user-driven model highlight a practical approach to blockchain innovation [1].

[1] Source: [1]Kaspa Down 7%, Arbitrum Grants $14M, BlockDAG’s Presale Surges (https://coinlive.me/kaspa-down-7-arbitrum-grants-14m-blockdags-presale-surges/)