Top Cryptos In News: BlockDAG Releases Beta X1 Miner Amid Rising Shiba Inu Valuations & Bitget’s Growth


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As dawn heralds a groundbreaking chapter in the cryptocurrency domain, all eyes are on the progress of key players such as Shiba Inu and Bitget’s BGB token, which are witnessing impressive advances. Amidst this dynamic backdrop, BlockDAG commands attention with its much-anticipated mainnet unveiling and the innovative beta release of the X1 Miner application. This milestone not only underscores BlockDAG’s dedication to broadening access and fostering innovation but also highlights its role in shaping the digital currency landscape of tomorrow.

Can a Shiba Inu Achieve New Horizons?

Notably, the Shiba Inu (SHIB) token has been oscillating around the $0.00002500 mark, with a brief surge past this level earlier in the month. It recorded a 1.1% weekly increase and a notable 13.1% growth over two weeks despite experiencing a 0.9% daily and monthly decline. 

The earlier gains are likely tied to the U.S. SEC’s endorsement of Ethereum ETFs, which sparked a short-lived rally, perhaps curtailed by a typical ‘sell the news’ reaction. CoinCodex anticipates that SHIB might climb to $0.00002970 by May 31, 2024, reflecting over a 21% increase. A more bullish projection suggests that SHIB could ascend to $0.00008375 by June 24, 2024, surging approximately 241.28%, possibly outdoing its previous highs.

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Soaring Valuation for Bitget’s BGB Token

Similarly, Bitget’s BGB token, launched in 2021, has experienced robust growth spurred by its role within the Bitget trading ecosystem. It serves as a means for transaction fee payments offering discounts and is crucial for staking and garnering rewards, thereby boosting its value. BGB is also integral to margin trading, further bolstering its demand. 

The token’s value has surged by about 1,800% by May 2024, illustrating its strong market presence. Moreover, Bitget’s pre-market strategy of early token listings has amplified BGB’s attractiveness, likely propelling its value further and signalling a new price peak during the anticipated altcoin season.

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BlockDAG X1 Miner Application: Simplifying Crypto Mining

With the breaking of a new day in the crypto world, BlockDAG is poised to ignite a transformative storm with its upcoming mainnet debut, set to revolutionise the industry with its X1 Miner beta app. This ingenious application turns standard smartphones into powerful mining machines, capable of extracting up to 20 BDAG daily with simple operations. Additionally, the X1 app epitomises ease, enabling even novices to delve into the lucrative realm of cryptocurrency mining without overtaxing their devices.

Throughout its journey to this landmark event, BlockDAG has woven a narrative of strategic exhibitions and innovations that have captivated investors globally. From the neon lights of Tokyo to the festive illuminations of Las Vegas and the vibrant bustle of London, BlockDAG has painted a global canvas of ambition, each showcase weaving excitement and anticipation into a vivid tableau of market readiness.

This crescendo of orchestrated activities will climax with the mainnet launch, a pivotal event set to solidify BlockDAG’s legacy in the annals of cryptocurrency history. More than a technology release, this event aims to establish a benchmark in blockchain efficiency, with peer-to-peer mechanisms and EVM-compatible algorithms slated to activate.


As the presale momentum surges to $50 million, reflecting the project’s lofty ambitions with an impressive daily intake, BlockDAG is not merely preparing for a launch; it is gearing up to create a lasting legacy. The future looks bright and boundless with partners like Plus Wallet in its corner.

The Ultimate Invitation

As this innovative chapter in the cryptocurrency narrative unfolds, brimming with potential and strategic market entries, it is evident that the digital currency landscape is ripe with opportunities. While Shiba Inu and Bitget’s BGB have showcased promising progress, BlockDAG stands distinguished with its pioneering initiatives and impending mainnet debut. 

Positioned to redefine our engagement with digital currencies, BlockDAG is not just participating in the marketplace but driving the pace for a future where cutting-edge technology and widespread accessibility converge in the crypto realm.

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