Carl Williams Tech 01.21.2024 20:Jan PM EST

BlockDAG Coin Mobile Mining Application & MATIC, ADA

BlockDAG Coin Launches Mobile Mining Application as Polygon Reclaims $0.8 Value and Cardano Gains 150% in Top Crypto Race

Polygon (MATIC) has stabilised at the $0.8 milestone; analysts predict Polygon will reach great heights in the near future. With 47% growth over the year, crypto investors are keen on riding with the upward trend of Polygon. Cardano (ADA), one of the top cryptos, has shown a great increase in its crypto development activities.

With a 400 million increase, ADA has left Polkadot ($DOT) behind in the competition, along with a 150% increase in its value. Meanwhile, BlockDAG (BDAG) has reached $1 million in its presale in 24 hours, promising to launch its mainnet within six months. The recent launch of the BlockDAG X1 mobile mining application has revolutionised the crypto landscape, raising excitement among crypto miners.

Polygon Stays Stable at $0.8

Polygon is all set to climb the chart as the year ends by regaining its value above the $0.8 mark. In terms of success, as the coin has shown remarkable growth again, analysts predict high hopes for Polygon in 2024. The symmetrical triangle pattern of Poylgon hints at its bullish trend set to influence the overall crypto market.

Talking about the top cryptos by market capitalization, at the end of the year, Polygon's upward climb is only second to the trending Solana, which has shown an over-the-year growth of 47% in the same time. Crypto traders and investors are eagerly anticipating the growing momentum of Polygon. If MATIC were to continue its upward trajectory, it would confirm the symmetrical triangle break and potentially trigger more significant price increases for cryptos.

Cardano Earns $400 Million in Crypto Development Activity

The famous smart contract platform Cardano (ADA) has kept its position in top cryptos after crossing Polkadot regarding crypto development activity. The term "development activities" describes the amount of work done by developers in the last 30 days for a cryptocurrency project on GitHub's publicly available repositories. Instead of taking the total number of commits as a measure, Santiment metrics focus on events.

Cardano blockchain platform concept — (Image by Freepik)

Events include everything that has been done with GitHub repositories, e.g., pushing a commit, forking the repository, or creating an issue. To avoid duplication or misunderstandings that might occur when measuring the development activity in isolation by commits, this approach provides a more accurate representation of developers' actual work.

The information from Santiment is released at a moment when the total value locked on Cardano's decentralised finance (DeFi) protocols has recently surpassed $400 million over the value of ADA, the native token of the network, rising by more than 150%, so far this year.

BlockDAG Coin Launches X1: The Latest Mobile Mining App

BlockDAG, among the top cryptos in presale, has made its name firm in the market, with a vision to hit $600 million in 2024 and a presale gaining $1 million in 24 hours. BlockDAG is not only trending in the crypto market but also due to its commitment to launching its mainnet within six months. Moreover, the launch of the latest mining hardware by BlockDAG gives crypto miners the option to earn BDAG coins daily. The introduction of highly innovative mobile mining further adds to the allure of BlockDAG.

The X1 mobile mining application by BDAG allows its users to earn 125 BDAG daily. This noise-free mining solution has revolutionised the mining experience. By taking only 50 MB of storage space on mobile phones, users can get started with mining by sitting at home and going around with their daily tasks. BlockDAG also offers a referral program for users to refer friends and family to join and unleash the extra mining potential to earn additional rewards.

The Final Take

The top cryptos have long defined the shift in the crypto market. As the year comes to an end, Polygon has shown a great regain in its value by achieving the $0.8 mark. With a growth percentage of 47%, MATIC follows the symmetrical triangle break.

At year's end, Cardano is leading the development activity chart by showing a $400 million increase, leaving Polkadot behind in the race. Lastly, BlockDAG has launched its mobile mining application for crypto miners, along with its referral program, for increased mining potential and greater rewards.