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The Avalanche Foundation, the organization that oversees the Avalanche (AVAX) blockchain, made headlines with its bold move to acquire meme coins a while ago which could mean a significant appreciation in meme coin prices. However, things soon turned South as BlockDAG made an entry into the market, stealing all attention from Avalanche Foundation’s meme coin and other meme coins like BONK & SHIBX in general.
Investors are now realising that investing in meme coins isn’t without peril, as their prices can fluctuate unpredictably; therefore, they must look to safer investments such as BlockDAG Coin (BDAG). This new Proof-of-Work (PoW) coin has already raised over $1.6 million within the first month of its presale, thanks to its unparalleled speed, security, and user-friendly mining. Keep reading to learn more.
Avalanche Foundation’s Meme Coin Buying Spree
The Avalanche Foundation‘s announcement of purchasing meme coins sent ripples across the crypto sphere. With its $100 million “Culture Catalyst” fund, the foundation aimed to embrace the cultural significance of meme coins while setting standards for their creators. Through an “eligibility framework,” it seeks to ensure transparency, authenticity, and community engagement within the meme coin ecosystem.
The foundation’s guidelines for meme coin purchases are meticulous, aiming to ensure that acquired tokens adhere to certain criteria. These include requirements such as a minimum of 2,000 holders, with the top 100 holders owning less than 60% of the supply.
The Short-Lived Meme Coins Price Rise
So far, hundreds if not thousands of meme coins have emerged in the meme coin industry. Among the top contenders are Bonk (BONK), ShibaVax (SHIBX), and Myro (MYRO). Both of these tokens work in different ways to showcase that meme coins have some sort of utility. However, the results have not been much inspiring till now, making investors question their investments in this genre of cryptos.
Unfortunately for meme coin enthusiasts, investment in these tokens is quite perilous. Their fluctuating prices and uncertain natures incentivize investors to seek more stable and secure investments, such as BlockDAG Coin. This underdog newcomer is 6,000 times faster than Bitcoin and offers a range of mining options, allowing users to mine up to 2,000 coins daily.
BlockDAG Coin – An Incomparable Investment
BlockDAG Coin (BDAG) stands out as a project poised to redefine the crypto world and provide investors with unmatched ROI. Leveraging Directed Acyclic Graph (DAG) technology and Proof-of-Work (PoW) consensus, BlockDAG Coin offers scalability, security, and decentralization unmatched by its counterparts. With an emphasis on community, scalability, and environmental consciousness, BlockDAG Coin is like no other crypto project we’ve encountered.
The BlockDAG X-Series home mining rigs provide a range of coin generation levels to suit different mining preferences. At its most basic level, BDAG X1 produces 20 coins daily, valued at $1 each at launch. Moving up the scale, BDAG X10 yields 200 coins daily, equating to a $10 daily return. The BlockDAG X30, a home mining rig, significantly boosts output to 600 coins daily, translating to a $30 daily return. Finally, the BDAG X100 offers the highest daily output of 2,000 coins, resulting in a $100 daily return at launch. These mining options cater to investors’ preferences for investment levels and potential returns.
The Avalanche Foundation’s foray into meme coins has injected excitement and uncertainty into the crypto market. While the allure of fast-growing meme coins may be enticing, investors must tread carefully and seek stability amidst the chaos.
BlockDAG Coin emerges as an option for innovation and massive profits, offering a secure and scalable solution. Don’t miss out on this opportunity to join the BlockDAG revolution. Secure your place in the presale today and embark on a journey towards financial prosperity.
Invest In BlockDAG Presale:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetwork.
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
