Ethereum News Today: BlockDAG Extends BEAT Vesting Pass With 3-Day Extension

BlockDAG has announced a three-day extension for its BEAT VESTING PASS program, offering participants full access to their purchased tokens ahead of the platform’s official global launch scheduled for August 11 [1]. The initiative, designed to avoid typical presale token lockups, has already attracted over $358 million in presale funding and moved 24.6 billion coins across 29 batches. Participants can currently acquire tokens at $0.0016, with a projected 3,025% return upon reaching the launch price of $0.05.

The BEAT VESTING PASS extension reflects BlockDAG’s strategy to manage liquidity and provide early access to investors. The project has also deployed more than 18,900 miners, supporting a decentralized mining ecosystem that includes viral X1 to X10 devices. The opportunity to purchase at the discounted price remains available for only 10 days, emphasizing the time-sensitive nature of the offer.

In parallel, Ethereum (ETH) continues to show resilience in the current market environment, holding above the $3,500 support level and inching toward $3,680 as a potential resistance target [1]. As the leading smart contract platform, Ethereum benefits from network upgrades and increased institutional interest. Analysts have suggested a price target of $3,680 based on predictive models, although this remains speculative and not confirmed by recent price action.

The Jupiter (JUP) token, on the other hand, has experienced a sharp 17% decline in recent sessions after a 50% surge over the past month [1]. The correction highlights the volatility inherent in altcoin markets and the risks associated with rapid price movements. While JUP remains central to the Solana ecosystem due to its decentralized liquidity aggregation, the current bearish trend has traders monitoring key support levels to gauge the depth of the pullback.

Another notable development in the crypto space is the launch of Find Mining’s AI-powered cloud mining application [2]. The platform aims to lower the barriers to entry by allowing users to mine major cryptocurrencies like Bitcoin, Ethereum, and XRP without the need for physical hardware or technical expertise. By leveraging artificial intelligence and cloud computing, Find Mining claims to offer a more efficient and accessible mining experience. However, as with any cloud mining service, users are encouraged to conduct thorough due diligence before investing.

These developments collectively illustrate the ongoing evolution of the cryptocurrency market, with new projects and platforms aiming to enhance accessibility, functionality, and returns for participants. Yet, the market remains volatile, as seen in the recent JUP correction, underscoring the need for cautious and informed investment strategies.

Sources:

[1] Times,

[2] Times,