BlockDAG’s $32.7M Presale and Keynote Triumph; Ethereum Price Looks Bullish While NEAR Stabilises

Federal High Court Halts Reinstatement of Sanusi II As Kano, Abuja Flex Political Muscle

By

Samuel Nwite

-

May 25, 2024

A Federal High Court in Kano has issued an order preventing the Kano State Government from enforcing the Kano State Emirate Council Repeal Law, effectively halting the reinstatement of Lamido Sanusi II as the Emir of Kano.

The order, granted by Justice Mohammed Liman, came in response to an application by Alhaji Aminu Babba Dan Agundi, the Sarkin Dawaki Babba of the Kano Emirate. The court papers regarding the case have since gone viral, igniting widespread debate and speculation.

This development has cast a spotlight on the ongoing political power struggle between the Kano State Government and federal authorities. The situation has been described by many as a manifestation of deeper political tensions and power tussles involving two former governors of the state, Rabiu Kwankwaso and Umar Ganduje.

On Thursday, the Kano State House of Assembly passed legislation dissolving the four newly created emirate councils in the state. This legislative move paved the way for reinstating Sanusi, who was dethroned four years ago by the former governor, Ganduje.

Following the passage of the legislation, Governor Abba Yusuf promptly reappointed Sanusi as the Emir of Kano.

“By the powers conferred on me by the Kano Emirate Council Law of 1984 and 2024, and supported by the recommendation of the kingmakers, I have the singular pleasure of confirming the reappointment of Muhammadu Sanusi II as the Emir of Kano and the head of the Kano Emirate Council,” Yusuf said.

However, the unfolding drama has brought an unprecedented twist to the reinstatement process, stymieing Sanusi’s reenthronement. The former CBN governor, who was seen riding a horse with the royal umbrella, spoke on his reinstatement.

“We made it clear that God has preordained time and cause for everything and everyone. He gave leadership to whom he wanted and at the time he wanted. When He gives, no one can take it away and when he takes it away, nobody can take it back,” Sanusi said after he was presented with a letter of reinstatement by the governor and was turbaned at the Government House Kano.

Kano State Deputy Governor, Aminu Abdussalam Gwarzo, accused Ganduje of leveraging “federal might” to impose Aminu Bayero, the deposed Emir, against the will of the people of Kano. During a press conference after escorting Sanusi to the Kano Emirate palace, Gwarzo alleged, “Ganduje is using the federal might and conniving with the NSA to impose Bayero against the wish of people of Kano.”

Gwarzo detailed that Ganduje and the National Security Adviser, Nuhu Ribadu, had arranged for aircraft to convey Bayero back to Kano to reclaim the throne.

“We will not accept this as a government and the people of Kano, nobody will impose anything of his interest on us,” he asserted.

The situation on the ground has been tense, with heavy security and military personnel deployed to protect Bayero. Supporters of Bayero were seen at the Nassarawa palace, chanting verses from the Holy Quran and showing their allegiance.

Amid these tensions, Muazu Magaji, a former commissioner under Ganduje’s administration, confirmed plans to return Bayero to the palace. Magaji’s Facebook post on Saturday suggested imminent action: “Now the emir’s flag has been mounted on his car. We are making preparation to take to the palace,” he said.

Yusuf, in reaction to these developments, criticized the court order stopping Sanusi’s reinstatement, claiming that the judge responsible was out of the country. He said the judge is currently on vacation in the United States and thus had no jurisdiction over the matter.

The governor had earlier ordered the immediate arrest of Ado Bayero, saying he was creating tension in the state. But the police said they would obey the order of the court which restrained the governor from reinstating Sanusi.

The Federal High Court’s decision to halt the enforcement of the Emirate Council Repeal Law means that the final decision on Sanusi’s reinstatement now rests with the judiciary. This has added another layer of complexity to the already fraught political landscape in Kano.

As the state braces for potential clashes and further legal battles, the power struggle between Kano’s state government and federal authorities continues to unfold, with significant implications for the future of the Kano Emirate and its traditional institutions. For now, there are two Emirs; one backed by the state government and the other backed by the federal government.

Exploring Promising Cryptos: BlockDAG Leads Amid Positive Trends for AVAX and Litecoin, Offering Potential for 30,000x ROI

By

TI Partners

-

May 25, 2024

While Avalanche (AVAX) and Litecoin (LTC) are displaying resilience and growth despite certain network challenges, the spotlight is on BlockDAG as the best new cryptocurrency to buy. Following its inclusion on CoinMarketCap, BlockDAG made a splash with a promotional event at Piccadilly Circus in London. The platform has recently updated its dashboard, enhancing user interaction and transparency. Its presale has successfully amassed over $32.8 million with a potential for 30,000x ROI, reflecting robust investor interest.

Avalanche (AVAX) Market Dynamics

Recently, Avalanche has shown strong price action, bouncing back from the $30 level to a current price of $33.56, marking a 5.89% increase on the day. Although it has encountered resistance near the 200-day EMA, forecasts suggest a breakout above $40 could be imminent, potentially propelling it toward $50.

Avalanche’s market valuation is $12.80 billion, with a notable annual return of 124.37%. Despite this, daily transactions and active user metrics have dipped, signaling a decrease in network usage. The trading volume has plateaued at $401.29 million, and social engagement has a noticeable decline. The immediate support levels to watch are $30 and $28, with resistance poised at $35 and $40.

Litecoin (LTC) Price Analysis and Predictions

Litecoin has been performing well, with a 25% increase in price over the past month and 14% in the last week alone. Analysts predict that if Litecoin can break through the $85 resistance level soon, it could spark a significant upward trend.

Litecoin’s trading volume has slightly increased despite a reduction in market capitalization. With its robust technical infrastructure and lower transaction fees, Litecoin is considered an attractive option for diversifying crypto portfolios. Current market sentiment remains bullish, with investors and analysts eagerly anticipating the next major price movement.

BlockDAG (BDAG): A Promising New Entrant in the Crypto Market

BlockDAG has quickly become a favorite among investors, evidenced by over $32.8 million raised in its ongoing presale, which is now in its 15th batch. Selling over 9.8 billion coins at $0.009 each, BlockDAG’s new features on the updated dashboard are designed to boost community engagement and provide greater transparency. These include displaying the latest news, user rankings, wallet balances, and transaction history.

Moreover, the forthcoming X1 miner app, which transforms smartphones into efficient mining devices while optimizing energy and data use, is anticipated to deliver significant returns. Analysts project that BlockDAG’s coin value could reach $30 by 2030, thanks to its cutting-edge layer-1 blockchain technology and compatibility with the Ethereum Virtual Machine (EVM) further pushing its potential for 30,000x ROI.

Concluding Thoughts

Amid the ongoing positive developments for both Avalanche and Litecoin, BlockDAG is emerging as the leading new cryptocurrency to invest in. Its innovative dashboard update, successful promotional activities, and substantial presale achievements underscore its potential as a standout investment. BlockDAG’s strategic approach and technological advancements make it a top contender in the cryptocurrency market, which is ideal for investors looking to capitalize on new opportunities.

Join BlockDAG Presale Now:

Altcoin Season 2024: BlockDAG Presale’s $32.8M Fundraising Outpaces Top Meme Coins Like Dogecoin and Pepe

By

TI Partners

-

May 25, 2024

Dogecoin whales have again made waves by adding a significant 822 million DOGE to their holdings. Simultaneously, the PEPE price has soared, marking its presence among the top meme coins.

Amid these developments, BlockDAG stands out with a $32.8 million presale success, driven by its innovative dashboard enhancements that elevate user engagement and transparency. With a projected surge to $20 by 2027, BlockDAG’s strategic updates position it as a potentially more lucrative and engaging option compared to its counterparts.

Dogecoin’s Strategic Moves: Analysing Whale Activity

In early May 2024, Dogecoin whales demonstrated their influence on the market by adding approximately 822 million DOGE to their holdings, marking a significant transactional period for the cryptocurrency. This uptick in Dogecoin whales’ activity coincided with Dogecoin’s new utility as a payment method for Tesla products, sparking discussions within the community about future expansions, possibly to platforms like X.

By mid-May, the holdings of Dogecoin whales had swelled to 57.9 billion DOGE, a sharp rise reflecting their continued engagement in the market. Despite a minor price correction, Dogecoin’s value has surged past $0.15, encouraged by Dogecoin whales’ optimistic manoeuvres. The coin now tests the resistance at $0.17, navigating through a critical phase that could set the tone for its next big move.

PEPE Price Momentum in the Meme Coin Market

The PEPE price continues its upward trajectory, breaking through the $0.000010 mark after a successful retest of a rounding bottom pattern. This positive movement is part of a broader market recovery, significantly propelling PEPE among the top meme coins with a remarkable 50% surge within 48 hours.

Currently, the PEPE price hovers around $0.0000137, flirting with its all-time high as the market anticipates further gains with the upcoming Ethereum ETF decision. This anticipation suggests sustained interest in PEPE, positioning it as a strong contender in the list of top meme coins without showing signs of slowing down in its bull run.

BlockDAG Dashboard Revamp Powers Up Investor Engagement

BlockDAG’s recent surge in presale success, accumulating an impressive $32.8 million, is a testament to its strategic enhancements and innovative updates. The project has significantly updated its user dashboard, adding features that enhance transparency and user engagement. These improvements have retained current investors and drawn new interest from the crypto community.

Among the standout new features is the ‘hot news’ section, a dynamic addition that allows users immediate access to the latest announcements as soon as they log in. This ensures that all participants are kept abreast of the latest developments in the BlockDAG project and the broader crypto market, enhancing their engagement and trust in the platform.

Furthermore, the updated dashboard now includes a wallet balance feature, where users can instantly view their current holdings after purchasing miners or coins. This adds a layer of real-time financial clarity and is complemented by a trending ‘leaderboard preview’ that showcases the top 30 investors. This gamification element fosters a competitive spirit and highlights the leading contributors as prominent crypto whales.

These enhancements are setting BlockDAG apart in the competitive crypto landscape. Analysts predict a bullish future for the coin, forecasting a potential price surge to $20 by 2027. With its advanced features and strategic updates, BlockDAG is crafting an appealing narrative for seasoned investors and newcomers eager to engage with a rising star in the cryptocurrency world.

BlockDAG Leads Amid Dogecoin Whales and Top Meme Coins

While Dogecoin whales and PEPE continue to make notable strides in the crypto arena, BlockDAG distinguishes itself with a $32.8 million presale and innovative dashboard enhancements that promise enhanced user engagement and transparency. Positioned to potentially surge to $20 by 2027, BlockDAG presents a compelling opportunity for investors seeking to capitalise on its presale momentum and technological advancements, signalling an opportune moment for entry into a rising star of the cryptocurrency world.

Join BlockDAG Now!

Lido DAO (LDO) Price Dips And ICP Predictions Show Mild Growth, Investors Rally To $32.8M BlockDAG As Top Crypto Platform

By

TI Partners

-

May 25, 2024

In the fluctuating cryptocurrency market, Lido DAO faces a downturn, while the Internet Computer (ICP) shows modest growth. Amidst these conditions, investors are gravitating towards BlockDAG, acclaimed as the superior crypto platform. With over $32.8 million amassed from its presale and recent enhancements to its dashboard, BlockDAG has improved community interaction and transparency, establishing its prominence over the uncertain trends of Lido DAO prices and ICP predictions.

Analyzing ICP: Market Outlook and Projections

Internet Computer has captured the public’s attention with its vision to decentralize web development, allowing the creation of apps directly on the internet. The analytical channel Upside-Down Data, in their video “A Realistic 2025 Internet Computer (ICP) Price Prediction Using Machine Learning and Simulations,” forecasts an average ICP price around $44, with potential lows and highs ranging from $17 to $73. A more optimistic scenario sets the possible price at $175, ignoring historical downtrends.

These projections underscore the volatile nature of the cryptocurrency market, recommending caution among investors. It’s essential to consider the broader impacts of major cryptocurrencies and market dynamics on ICP’s valuation for strategic investment planning.

Lido DAO (LDO) Endures Market Turbulence

Lido DAO, known for its liquid staking solutions on Ethereum and Polygon, has recently witnessed a 6% drop in price, nearing $1.5. This downturn aligns with Amber Group’s movement of 1 million LDO tokens to Coinbase, part of a larger series of transactions totaling 2 million tokens since May 8, worth about $3.66 million.

An additional 4.5 million tokens remain with Amber Group, suggesting potential future market effects if more sales occur. This situation highlights the ongoing market volatility and the cautious stance investors are taking, watching these developments closely to gauge their impact on broader market and investment strategies.

BlockDAG: Pioneering the Crypto Presale Arena

BlockDAG has successfully secured substantial investor interest, raising over $32.8 million in its latest presale, now in its 15th batch with more than 9.8 billion coins sold at $0.009 each. This impressive presale record reflects strong market confidence and the platform’s growing reputation. The soon-to-be-released X1 mobile miner app is expected to revolutionize crypto mining by enabling efficient mining on smartphones, making the technology accessible to a broader audience.

New features on BlockDAG’s dashboard have significantly enhanced the platform’s transparency and community engagement. These updates include a ‘Hot News’ section, visible user rankings, wallet balance details, a leaderboard preview, and comprehensive transaction histories. The platform categorizes community members from Crab (investing up to $99) to Whale (investing over $50,000), enriching user involvement and providing clear insights into their standings.

Why BlockDAG Leads the Field

While Internet Computer and Lido DAO present valid investment opportunities, BlockDAG clearly stands out as the superior choice for crypto investors. With its robust presale achievements, forthcoming innovations like the X1 mobile miner, and a user-focused, transparent dashboard, BlockDAG is set for significant expansion. These advantages make BlockDAG an appealing option compared to ICP and Lido DAO, offering innovative solutions and substantial growth prospects in the crypto market.

Join BlockDAG Presale Now: