BlockDAG (BDAG) Raises $53M as DOGE Futures Liquidate and BONK Prices Falter

The market is seeing sell-offs, with Dogecoin (DOGE) futures recently facing $60 million in long trades liquidated. Similarly, Bonk's price fell by 19% in a week.

The cryptocurrency market experienced sell-offs on March 15, with Dogecoin (DOGE) futures seeing $60 million in long trades liquidated. The market sell-offs occurred as DOGE prices fell over 10%, impacting futures more significantly than bitcoin (BTC) futures, which lost $47 million.

The CoinDesk 20 Index dropped 3.4%, indicating a broader market sell-off. Dogecoin futures faced the highest liquidation since May 2021, with Huobi seeing $44 million in liquidations. Profit-taking and the dollar strength led to sell-offs, resulting in substantial losses in Dogecoin futures.

Meanwhile, BlockDAG (BDAG) is achieving milestones with the launch of its X1 app, which enables mobile mining. The app transforms smartphones into powerful mining devices.

The X1 app features an energy-saving algorithm that preserves battery life and data on both Android and Apple platforms. It allows users to mine up to 20 BDAG per day, which is currently valued at $1 with the launch price of $0.05 per coin.

As the coin’s value increases, daily earnings will rise. For instance, when the coin reaches $1, users can earn $20 per day, and at $10, daily earnings could reach $200.

The app also includes a referral system and daily engagement incentives, enhancing accessibility and rewarding users for their participation. It stands out as one of the best crypto-mining apps available.

BlockDAG’s journey to global dominance began with the display of its keynote video at Tokyo’s Shibuya Crossing. The video provides detailed information about the BlockDAG project, including its integration with major DeFi platforms like Bitget and CoinEx.

This strategic marketing move by BlockDAG boosted visibility and presale numbers, raising over $53 million till the 18th batch.

BlockDAG’s low-code, no-code platform revolutionizes smart contract creation, making it accessible for developing utility tokens, meme coins, and NFTs. This platform allows users to create, manage, and deploy applications through a drag-and-drop interface, eliminating the need for extensive coding knowledge.

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News source：https://www.kdj.com/cryptocurrencies-news/articles/blockdag-bdag-raises-m-doge-futures-liquidate-bonk-prices-falter.html

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