The BlockDAG team's reveal has energized the crypto community eager to meet the innovators behind the project. In an exclusive interview, the CEO discussed the presale success, the network’s unique features, the plans, and the creation of a Swiss Foundation in near future to oversee presale funds. The presale has raised $63.9 million, marking a 1600% growth since batch 1.
In other news, Litecoin's network recently added over 1 million new addresses in seven months, reflecting growing interest and participation. Meanwhile, Ripple's XRP token has seen a price surge to $0.60, driven by anticipation surrounding a closed-door meeting with the SEC.
Litecoin Adds 1M Addresses—Will LTC Price Rally?
Litecoin has grown significantly, adding over 1 million new addresses in the past seven months. This surge has brought the total number of Litecoin addresses to over 8 million. The increase in network addresses reflects the growing interest and participation in Litecoin, which could drive natural demand for LTC.
The LTC price has shown a consolidation trend recently, recuperating its strength after an early July rally. If Litecoin's price remains above $70, it could reach $108, supported by the rising number of active addresses and market participation.
Ripple Price Gains Ahead of Meeting With SEC
Ripple's XRP token has maintained an uptrend, driven by anticipation surrounding a rescheduled closed-door meeting between Ripple and the SEC. The meeting aims to resolve the ongoing legal battle between the two entities, significantly impacting XRP’s market dynamics.
XRP is currently trading at $0.60, with its Relative Strength Index (RSI) suggesting strong buying pressure. This uptick in demand is further supported by a significant increase in derivatives trading volume, reaching $3.82 billion. The positive sentiment around the upcoming meeting could drive XRP's price up to $0.61, though market volatility remains high.
BlockDAG’s CEO Interview Highlights Future Plans
The recent reveal of the BlockDAG team has excited the crypto community, bringing attention to the project's plans. BlockDAG CEO Antony Turner discussed the network's unique features and strategic initiatives in an exclusive interview. One major highlight is the upcoming establishment of a Swiss Foundation to oversee presale funds, aimed at enhancing transparency and community trust. This foundation will ensure that funds remain secure and are used for the community's benefit, without access to the team or founders.
Antony shared insights into his journey in the crypto and blockchain industry, which started in 2018 with co-founding a crypto index fund in Switzerland. His extensive experience spans various sectors, including Fintech, EdTech, and Crypto markets, providing him with the skills and perspective necessary to lead BlockDAG.
The CEO emphasized the need for the crypto industry to coexist with traditional finance, rather than aiming to replace it. He outlined his vision for BlockDAG, incorporating the best innovative advances from multiple chains. This includes leveraging the Directed Acyclic Graph (DAG) technology for parallel transaction execution, enhancing the speed and efficiency of the network.
BlockDAG’s CEO highlighted the importance of community support, with over 20,000 contributors raising more than $63.9 million for the BlockDAG ecosystem. The presale has progressed rapidly, with the current batch 21 priced at $0.017, a growth of 1600% from Batch 1. BlockDAG has garnered $63.9 million in presale from over 12.4 billion BDAG coins and $4.1 million from the sale of miners.
Summary
Litecoin's consolidation above $70 and Ripple's XRP legal developments highlight the dynamic nature of top layer 1 crypto assets. BlockDAG, with its innovative approach and the forthcoming establishment of a Swiss Foundation, is positioned to impact the crypto market significantly. The presale’s rapid growth, reaching $63.9 million and a 1600% value increase demonstrates strong community support and investment potential. The CEO's insights and the team's expertise underscore BlockDAG’s potential, making it an attractive opportunity for investors.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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