The cryptocurrency market is once again in a frenzy, with massive rallies across the top projects. BlockDAG is making waves with its presale that’s set to explode and innovative technology. AAVE is looking at a high Total Value Locked (TVL). Monero has shown the limits of attacks on privacy. Celestia is deliberately building with an eye towards the long game. Here’s an overview of what’s changed and what you need to know.
BlockDAG's Presale Momentum and Innovative Features
BlockDAG is currently going for just $0.0016 in its ongoing presale. The effort has generated a lot of media buzz. It includes a 10 BTC auction pool, including a 1 BTC top prize of more than $600,000 in actual Bitcoin.
The platform includes a real-time Demo Trading Dashboard. It provides buyers with the ability to test out trades and play around with the network before spending any money. We started this initiative to improve the user experience and to share real world examples of how the platform works in practice.
BlockDAG … has already raised $368 million and sold 19,000 ASIC miners … That’s a vote of confidence from investors … [and] a sale on the market. The project has become known for its quickly growing community, leading with an explosive 200,000+ holders and 2.5 million creative X1 mobile miner users. With BlockDAG expecting to be listed at a confirmed price of $0.05 this year, that’s promising over a 3025% ROI for early investors.
AAVE's Surging TVL
AAVE’s Total Value Locked (TVL) is on the rise and has increased to about $34.94 billion recently. This significant jump indicates increasing user confidence and utility of the platform in the expanding DeFi (decentralized finance) ecosystem. AAVE’s strong TVL indicates its popularity and importance in the crypto market as one of the top lending and borrowing platforms.
Monero's Resilience and Community Engagement
Monero recently withstood a notable attempt by a Qubic-run mining pool to commandeer more than 51% of its hash power. Monero core developers were attacked by a Distributed Denial of Service (DDoS) attack. This is why the pool’s hashing power drop fell like a stone from 2.6 GH/s down to only 0.8 GH/s.
Monero has made incredible strides since its inception, thanks to a deep, passionate, smart, and effective community. Save the date for the next Monero Konferenco 6 planning meeting on August 9! Don’t miss the next Research Lab meetup on August 13, where we’ll continue this development process and build community involvement.
Celestia's Strategic Development
Celestia has a $100 million treasury, giving it a six-year operational runway, even in the current bear market. The project has been focused on constructing its own modular blockchain and treasury with design aligned toward long-term sustainability.
Innovation is being actively rolled out on Celestia through exciting projects like Kamigotchi, Doma by D3, Hibachi and Noble’s “Applayer.” All these initiatives contribute to grow Celestia’s ecosystem and expand Celestia’s functionality.