BlockDAG’s Second AMA Reveals 300M Monthly Coin Rewards for Miners

Major developments are unfolding across BlockDAG (BDAG) and other altcoins.

BlockDAG ’s second AMA has revealed that miners will be rewarded 300 million BDAG coins monthly. This substantial reward, designed to benefit early users, has driven its presale past the $72.5 million mark, with over 11,903 miners sold and $4.8 million in revenue generated.

At the same time, TRON’s price has climbed by 2.3%, reaching $0.1517. In contrast, Stellar sees tough market conditions, dropping to $0.092 as investors grow frustrated with its performance.

TRON (TRX) Price Rises 2.3%

TRON (TRX) has recently shown signs of recovery, with its price climbing 2.3% to $0.1517 in the last 24 hours. Increased trading volume signals growing investor interest and stronger market participation.

Its technical indicators present a cautiously optimistic outlook, with the Relative Strength Index (RSI) at a neutral 54, suggesting a potential shift towards bullish sentiment. While current price action suggests potential consolidation, analysts believe TRON could aim for $0.3 if this momentum continues, offering a promising short-term outlook for traders.

Stellar Drops to $0.092 amid Investor Frustration

Stellar (XLM) has declined sharply after a brief surge last month, now trading at $0.092. The token has posted losses on daily, weekly, and even yearly charts, disappointing traders who had hoped for stronger performance.

Several factors may be behind XLM’s slump, including delays in expected updates and wider market instability. Unless there is a significant market shift or new developments from Stellar, it may struggle to regain its community’s confidence.

BlockDAG Miner Sales Cross $4.8M after Second AMA

According to CoinGecko, over 0.54 million new crypto tokens have been launched in 2024, averaging around 5,300 tokens daily. Among this flood of new projects, BlockDAG is standing out in a big way.

Its presale has already surpassed the $72.5 million mark. The network has also landed two of the biggest soccer partnerships in crypto history. Even before hitting the halfway point of its presale, BlockDAG has positioned itself as the top Layer 1 blockchain.

The latest buzz in the BlockDAG community centers around a new development announced during the project’s second recent AMA session. BlockDAG’s CEO revealed that miners will receive 300 million coins as monthly rewards.

These rewards are designed to be more lucrative for early users. However, they’ll decrease over time as more miners join in. The impact of this announcement has been immediate. Following the AMA, BlockDAG saw a surge in demand for miners, with over 11,903 units sold and $4.8 million generated in revenue.

BlockDAG’s X Series miners allow users to mint between 20 to 2,000 BDAG coins daily. The BlockDAG community has seen explosive growth, surging to over 120,000 users almost overnight. With the testnet launch on the horizon, institutional whales are diving into the presale too.

Best Crypto Mine Right Now

TRON has seen a 2.3% price bump to $0.1517, and traders are hopeful it may soon approach $0.3. Meanwhile, Stellar is struggling, with its price dipping to $0.092.

BlockDAG, however, is rising rapidly following its second AMA, which revealed a 300 million BDAG monthly coin reward for miners. This reward structure has already driven miner sales past 11,904 units, bringing in over $4.7 million in revenue.

With rewards set to decrease as more miners join, early participants have the chance to lock in larger payouts.

Learn about BlockDAG:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu

This article contains sponsored content from an external source. The opinions and information presented may differ from those of DailyCoin. Readers are encouraged to independently verify the details and consult with experts before acting on any information provided. Please note that our Terms and Conditions , Privacy Policy , and Risk Warning have been recently updated.