BlockDAG Sells 18,217 Miners Amid BNB and NEAR Price Declines

BlockDAG has achieved a significant milestone with the sale of 18,217 miners, highlighting its growing popularity in the cryptocurrency mining sector. This success contrasts sharply with the struggles faced by Binance Coin (BNB) and Near Protocol (NEAR), which are experiencing downward trends in their price charts.

Binance Coin (BNB) has shown clear signs of weakness, with its price falling from $697.55 on May 27 to around $600. Despite an 8% rise in stablecoin transactions on the BSC network, BNB continues to face selling pressure. Technical indicators such as the Relative Strength Index (RSI) and the Stochastic Oscillator suggest that sellers remain in control, with support levels potentially appearing near $500. The formation of a head-and-shoulders pattern on the price chart further indicates a bearish outlook for BNB.

Near Protocol (NEAR) is also facing challenges, with its price momentum remaining weak. The price has dropped to $1.89, down 15% this week, despite a brief 90% rise in trading volume. Technical signals confirm that all major Exponential Moving Averages (EMAs) are trending lower, pointing to further weakness. Resistance near $2.15 appears fragile, and the $1.98 level is being closely watched for a possible break. Without strong market drivers, NEAR's price momentum is unlikely to reverse soon, and downward pressure may continue to build.

In contrast, BlockDAG is gaining traction by making crypto mining more accessible. Over two million users are now mining BDAG using the X1 Miner App directly from their phones. The company has sold 18,217 X-Series mining devices, showcasing strong demand for both app-based and hardware mining. The range of devices caters to different user needs, from the X10 for beginners to the X30 and X100 for higher daily coin output. The next stage of shipping for the X30 and X100 is scheduled for July 7, with the X10 following on August 15. These devices support higher mining power, allowing daily earnings of up to 600 and 2,000 BDAG, respectively, while remaining small and low-noise.

BlockDAG’s coin has also seen significant growth, climbing 2,660% from $0.001 to $0.0276 since the start of its presale. The current price is $0.0080, with a limited-time offer before the next price increase. This has led to high activity among those interested in early-stage pricing. So far, 23.3 billion coins have been sold, and $324 million has been raised toward the $600 million presale target. As mining use grows and more devices ship, BlockDAG is appearing on lists of popular crypto coins, with some market watchers suggesting a possible long-term value of $10. These developments are keeping the project under close watch.

In summary, while BNB and NEAR face persistent weakness, BlockDAG is showing strong activity and growth. With over 2 million mobile miners, 18,217 hardware units sold, and a current coin price of $0.0080, BlockDAG is quickly gaining attention in the cryptocurrency market. As more miners ship and adoption grows, BlockDAG is becoming one of the popular crypto coins that many are watching before the price changes and the current stage ends.