BlockDAG X1 Hits 2.5M Users as SEI and PEPE Gain Momentum

BlockDAG’s X1 mining app has reached a significant milestone, crossing 2.5 million users globally, signaling strong adoption and active engagement within the crypto space. The surge in user numbers reflects ongoing interest in the project’s utility-driven approach, which includes both the app and mining hardware like the X10 miner. Recent demonstrations highlight how combining the X1 app with the X10 miner can increase daily mining rewards tenfold, from 20 to 200 BDAG coins, drawing further attention to the project’s potential [1].

The presale for BlockDAG has also made notable progress, having raised over $355 million and sold 24.4 billion coins, with more than 18,800 miners already delivered. Currently in Batch 29 at a price of $0.0276, the project still offers a limited-time early-bird rate of $0.0016, which, if held until the $0.05 launch price is reached, could offer investors a potential return of 3,025%. The official global launch is scheduled for August 11, after which the project is expected to gain further visibility and possibly wider adoption [1].

Meanwhile, the altcoin market has seen renewed momentum in both SEI and PEPE. SEI has broken out of a bull flag pattern, a technical signal that many traders view as bullish for the coin. The recent move past key resistance levels has drawn attention to its potential to reach the $0.27 mark. SEI’s value proposition lies in its infrastructure as a fast, scalable Layer 1 blockchain, with features like parallel processing and efficient transaction handling making it well-suited for high-volume use cases. The growing number of developers building on the platform and the increasing number of active users are also reinforcing its technical strength [1].

PEPE, a meme coin, is also experiencing a rebound after bouncing from lower levels. This price movement has rekindled interest in the coin, particularly among traders looking for short-term opportunities. PEPE’s appeal lies in its broad community and accessibility, which make it a popular asset during high-momentum periods in the market. While it does not offer DeFi or platform functionalities, its performance is largely driven by market sentiment and trading volume. Analysts are watching closely to see if PEPE can reclaim key resistance levels, which could signal the start of a more sustained upward trend [1].

The simultaneous rise in user numbers for BlockDAG’s X1 app and the technical strength of SEI and PEPE suggest a broader shift in market dynamics. While PEPE and SEI are drawing attention through price patterns and trading activity, BlockDAG is demonstrating a more long-term, usage-based growth strategy. This combination of momentum-driven assets and utility-focused projects reflects the diversity of the crypto market and the varied strategies investors are adopting to capitalize on its volatility.

Source: [1] BDAG X1 Surpasses 2.5M Users as SEI Breaks Out & PEPE Rebounds (https://coinmarketcap.com/community/articles/688acf22bcf80b1dc7347d60/)