Major Digital Currencies Shaking Up the Sector in 2024: BlockDAG, Chainlink, and Toncoin

In the ever-evolving world of cryptocurrencies, BlockDAG is making a name for itself with its commitment to user experience and transparency. This hybrid PoW-based Layer-1 blockchain, integrating a Directed Acyclic Graph (DAG) structure with Proof-of-Work, is setting new standards for scalability and security.

BlockDAG has raised an impressive $48.5 million in presales and sold over 11.3 billion coins, a testament to its strong market appeal. The project team's recent lunar-keynote introduced the X1 mobile miner beta app, making it possible to mine BDAG coins directly from smartphones.

The BlockDAG mobile miner app is just one of the many innovative features the platform offers. Its latest dashboard update includes real-time news, rankings, wallet functionalities, and transaction insights, providing users with a comprehensive and transparent experience.

BlockDAG is also preparing for its mainnet launch in the coming months, along with new app features. This launch is highly anticipated, positioning BlockDAG as a significant force in the evolving cryptocurrency landscape.

Meanwhile, another player in the crypto market, Chainlink, has been making headlines due to rumours of a possible partnership with SWIFT. This potential partnership involves Chainlink's decentralized oracles integrating with SWIFT's platform for tokenized assets. Chainlink recently reached a six-week peak, with its value climbing near $18, reflecting the market's excitement.

However, the Chaikin Money Flow index suggests caution for Chainlink, despite 62% of LINK holders being in profit, due to potential bearish undercurrents. Toncoin, another cryptocurrency, is currently priced at $6.33, with a market cap of $21.9 billion. Despite a recent dip of 0.23%, Toncoin's outlook remains positive due to 29% of new holders and a 17% monthly gain.

Anticipation around Telegram's forthcoming Stars launch could spike Toncoin's demand, potentially propelling its value toward $10. However, the future of cryptocurrencies is always uncertain, and it's essential for investors to conduct thorough research before making any decisions.

BlockDAG's impressive technological advancements, strategic direction, and remarkable presale success mark it as a top investment prospect. The project has also been recognised by Forbes and Bloomberg for its robust marketing efforts. As BlockDAG continues to innovate and grow, it's an exciting time to keep an eye on this promising player in the cryptocurrency landscape.

Major Digital Currencies Shaking Up the Sector in 2024: BlockDAG, Chainlink, and Toncoin