This week’s top 5 cryptos: BlockDAG’s detailed roadmap beats Helium, Ethena, sei, Monero
Amid the recent market downturn in which many cryptocurrencies lost value, several cryptocurrencies showed resilience and posted significant gains against the US dollar, according to market charts. Block DAG rose to prominence in the pre-sale space, earning it a spot in the top five crypto winners of the week alongside Helium, Ethena, sei, and Monero.
BlockDAG’s rapid rise is supported by notable achievements and a newly updated roadmap, from early development stages to coin vesting and tokenomics. With over 8.7 million coins sold in the 10th pre-sale batch, experts predicted his potential ROI to be 30,000x higher.
Helium Rise: Future Price Potential
Helium (HNT) recently rose 17%, hitting a price of $5.575, marking a 44% weekly increase from $3.98 to approximately $5.57. CoinMarketCap reports that the trading price was close to $5.70, the market cap was $920 million, and trading volume increased 225% to $69 million.
The chart suggests a bullish trend for helium, which could lead to further price increases. Sustained buyer interest could reach $8.0 or even $10. However, if the $3.50 support level cannot be sustained, the support level may fall.
Ethena: A strong buy in a volatile market
Despite falling 18% due to market volatility, Ethena (ENA) has rebounded with a 20% increase since launch. This growth is being driven by growing adoption and partnerships with major wallet providers such as OKX and Bitget. The current price is $0.88, but analysts are optimistic that it could rise to $3.91 by 2024.
Sei Coin: Market fluctuations and future prospects
Sei Coin shows volatility ranging between $0.53 and $0.67, and has increased by 4.79% in the last week, despite falling by 25.56% in the last month. It has increased by 451.89% in six months. Current prices suggest different trends.
A rise to $0.75 could indicate further upside and reach $0.88, while a decline to $0.47 could lead to a decline to $0.33. Stability indicators such as the short-term average of around $0.61 and the RSI of 57 suggest a balance between oversold and overbought.
Monero: Stability and privacy amid market turmoil
Monero (XMR) continues to demonstrate strong market resilience with a focus on safe and private trading. It gained 0.62% last week despite the overall market decline. Trading volume increased by 7.91%. Forecasters remain bullish, predicting a rise to $270 by 2024.
Accelerating BlockDAG’s mainnet launch: Detailed roadmap announcement
BlockDAG stands out as a layer 1 blockchain that leverages the Proof of Work consensus mechanism to integrate the best features of blockchain and DAG architectures. Recently, BlockDAG revealed an acceleration of its mainnet launch with an updated roadmap, bringing it forward by four months due to rapid progress, sparking excitement in the cryptocurrency community.
The development process for the X1 Miner application is meticulously outlined, starting with wireframes and UI design to create a user-friendly interface. User onboarding then streamlines account setup and initial configuration.
The roadmap ends with a community section. This section focuses on developing features that enhance user interaction and provide support within the app, highlighting his BlockDAG's commitment to user experience and community engagement.
Important points
A review of this week's top crypto gainers shows the potential for each coin to deliver big gains. However, BlockDAG stands out with unique features outlined in a detailed development roadmap that facilitate fast, scalable and secure transactions and enable mobile mining through the X1 app.Successful presale crypto coins With $23.9 million raised by the 10th batch, experts predict a massive 30,000x return on investment.
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Disclosure: This is a sponsored press release. Always do your research before purchasing any cryptocurrency or investing in any project. Read the full disclosure here.
