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BlockDAG’s Moon-Based Keynote Teaser Boosts Presale; ROI Projections Surge to 30,000x ROI Amid Ethereum’s Price Recovery & Shiba Inu’s Token Burning

By
TI Partners
-
0

Ethereum’s struggle to overcome resistance levels exemplifies the ongoing challenges in its price recovery efforts. In contrast, the Shiba Inu community’s proactive measures, like burning 774 million SHIB, illustrate a determined attempt to stabilize the market prices by reducing supply. Meanwhile, BlockDAG Network’s batch 9 nears sell-out as it prepares to launch its batch 10 at $0.006, combined with its ambitious teaser of moon-based keynote video. With analysts predicting 30,000x ROI, BlockDAG’s presale bull run and its strategic roadmap makes it one of the top cryptos to consider buying.

Ethereum’s Uphill Battle: Navigating Stubborn Resistance Levels

Ethereum’s price recovery has recently faced difficulties, struggling to surpass the resistance at $3,360. It has repeatedly failed to hold above crucial levels, including $3,350 and is trading below the 100-hourly Simple Moving Average, suggesting a bearish outlook in the short term. If Ethereum cannot break these resistance levels, it might continue its decline, potentially approaching the support zone around $3,200. This situation highlights the challenges in Ethereum’s market dynamics, with resistance levels proving to be significant barriers to recovery.

Shiba Inu Community & Token Burns

The Shiba Inu is showcasing resilience, burning 774 million SHIB in response to market downturns, significantly reducing the token’s supply to stabilize its price, much to the Shiba Inu Community’s hopes. This move, which marked a 2300% increase in the burn rate, involved transferring a large amount of SHIB to a “dead wallet,” highlighting the community’s proactive approach to managing the token’s value amid a broader market slump where SHIB’s price fell to $0.000026. This action reflects the community’s commitment to influencing the cryptocurrency’s market dynamics positively.

From Earth to Moon: BlockDAG’s Stellar 500% Rise to Reach $0.006 Price

BlockDAG recently elevated its market position with an upcoming price jump in its 10th presale batch, where the coin price will increase by 20% from $0.005 to $0.006, and it will see an overall 500% increase since its batch 1. This significant price shift highlights the project’s growing financial backing and investor confidence, contributing to a vibrant fundraising landscape.

This pricing strategy pays off handsomely for investors, as anyone who invested $1000 during the 9th batch will see their investment grow to $1200 in just a few hours with the launch of the new batch. Such returns are a testament to BlockDAG’s strong market performance and its ability to attract and retain investors looking for quick gains in the volatile crypto market. This further strengthens BlockDAG’s position of reaching 30,000X ROI.

The DAGpapaer released by BlockDAG explains security and performance of BlockDAG, anchored in its PHANTOM protocol and supported by complex algorithms like k-cluster and GHOSTDAG. These algorithms ensure the integrity and efficiency of the network, crucial for maintaining investor trust and sustaining growth in a competitive market.

BlockDAG’s keynote release exemplifies the project’s commitment to reach out to the common man and facilitate every potential crypto investor to engage in the project. BlockDAG further added to the excitement with the recent teaser of moon-based keynote. These initiatives enhance its visibility and make it a compelling choice for potential crypto investors, driving further market engagement.

Conclusion

BlockDAG, with its cutting-edge security protocol, has become a pioneering force in the crypto market.  The upcoming launch of the 10th batch of presale at an optimistic price of $0.006 further instigates the demand for the project. This move, combined with the visionary approach towards achieving a 30,000x ROI makes BlockDAG one of the top cryptos to buy. While Ethereum struggles with price recovery and the Shiba Inu community rallies to stabilize its market through token burns, BlockDAG’s innovative strategies and ambitious goals highlight its potential as a promising investment in the bustling realm of digital currencies.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Altcoins To Invest in April 2024 That Could Make You A Crypto Millionaire

By
TI Partners
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0

The decentralized finance (DeFi) sector attracts seasoned investors and newcomers seeking the next ample opportunity. This April, we examine five stand-out altcoins, each addressing a unique niche within the ever-evolving DeFi ecosystem. Total Value Locked (TVL), a key metric for DeFi activity, surpassed $300 billion in early 2024, highlighting the sector’s rapid growth.

However, challenges remain. Regulatory uncertainty and potential security vulnerabilities continue to cast a shadow. Here, we explore five altcoins attempting to overcome these hurdles and carve out a sustainable future within the DeFi landscape: Billion Dollar Jackpot (BDJ) leverages blockchain technology to revolutionize fan engagement in Formula 1. Dogecoin20 (DOGE20) capitalizes on Dogecoin’s immense popularity, aiming to address its limitations.

Smog (SMG) tackles climate change through a novel carbon offset platform, whereas Decentraland (MANA) and The Sandbox (SAND) are already established players in the burgeoning metaverse, offering user-generated virtual experiences.

BDJ Is Living Life In The Fast Lane

Formula 1 fanatics and crypto natives rejoice! Billion Dollar Jackpot (BDJ) is here to revolutionize fan engagement. Built on blockchain technology, BDJ introduces F1 prediction markets, allowing you to use $BDJ, the platform’s native token, to predict race outcomes and compete with fellow fans for a share of a massive prize pool. This isn’t just passive viewing anymore.

BDJ gamifies the F1 experience, letting you test your knowledge, experience the thrill of competition, and potentially secure life-changing rewards. But BDJ goes beyond individual races. With the “End-of-Season Jackpot,” accurate predictions accumulate points throughout the season, putting you in the running for a grand finale prize pool. This cumulative format rewards dedicated fans, making every race count on your path towards Crypto Millionaire glory.

DOGE20/20 Vision?

Dogecoin20 capitalizes on the immense popularity of Dogecoin (DOGE), promising faster transaction speeds and a capped supply to address some of DOGE’s core limitations. While this might appeal to meme coin enthusiasts, DOGE20’s recent launch necessitates caution. Its long-term viability remains unproven, demanding a watchful eye before diving in.

Smog’s Future Is Cloudy, But Is It Toxic?

Environmental concerns are at an all-time high, and Smog (SMG) steps in with a unique solution. This blockchain-based carbon offset platform tackles climate change by allowing users to trade carbon credits as tradable NFTs. By participating in this marketplace, you can contribute to a greener future. However, regulatory uncertainties surrounding carbon credits pose a potential risk. Keeping a close eye on how this market evolves will be crucial.

Decentraland – Future Kings Of The Metaverse?

Decentraland (MANA) is a well-established player in the red-hot metaverse space. Here, you can explore a virtual world where users can buy, develop, and monetize parcels of land. Decentraland has experienced significant growth, but competition within the metaverse is fierce. To maintain its position, Decentraland must continuously innovate and attract users.

Come and Play in the Sandbox

Like Decentraland, The Sandbox (SAND) offers a user-generated metaverse experience. However, The Sandbox sets itself apart, focusing on user-created content and strategic partnerships with established brands like Atari. This strategic approach positions it competitively, but like Decentraland, The Sandbox’s success hinges on widespread user adoption within the ever-changing metaverse landscape.

The “Crypto Millionaire” dream is about identifying projects with disruptive potential and a clear path towards long-term success. While Dogecoin20 and Smog address intriguing concepts, their nascent nature necessitates a cautious approach. Decentraland and The Sandbox are established players but face stiff competition within the metaverse. BDJ, however, stands out with its unique combination – a passionate F1 fanbase, a gamified prediction market, and the potential for substantial rewards.

Its focus on a dedicated audience and well-defined roadmap for future development makes BDJ an altcoin to watch, especially for F1 enthusiasts seeking a novel way to engage with their favourite sport and potentially join the ranks of “Crypto Millionaires.”

 

Find out more about BDJ:

Website: https://racetoabillion.com/en

Twitter: https://twitter.com/B_DollarJackpot

Telegram: https://t.me/billion_dollar_jackpot

BlockDAG’s Moon Keynote Teaser Spikes Presale to $17.9 Million, Set to Topple Solana & Kaspa

By
TI Partners
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0

BlockDAG is taking the cryptocurrency world by storm, elevating its presale achievements to an impressive $17.9 million, fueled by the anticipation of a groundbreaking keynote teaser from the moon. This innovative initiative not only captivates potential investors but also sets BlockDAG apart from competitors like Solana and Kaspa, positioning it as a leader in the evolving crypto landscape. As BlockDAG continues to harness the unique advantages of Directed Acyclic Graph (DAG) technology, it promises unprecedented scalability, speed, and security, enhancing its appeal in the market.

The upcoming moon-based keynote is expected to further boost investor interest, driving the project towards a potential market-leading position. With such distinctive marketing and technological prowess, BlockDAG is not just another crypto presale; it’s a formidable force ready to reshape industry standards and offer significant returns on investment.

Solana’s Stability Amid Technical Challenges

Despite its acclaimed speed and efficiency, Solana has faced significant challenges recently, with network outages impacting its price stability. From highs of over $200, Solana’s value has seen fluctuations, raising concerns among investors. However, the network continues to attract interest due to its fundamental strengths and potential for recovery, supported by a resilient community and ongoing developments aimed at enhancing its scalability and reliability.

Kaspa Faces Market Volatility

Kaspa, another notable player in the cryptocurrency space, has experienced market volatility, with its price showing a decline amid a challenging market environment. While Kaspa has the potential for recovery, the current price trend highlights the uncertainties facing newer cryptocurrencies. Investors remain watchful, hoping for positive shifts that could mirror the project’s innovative aspirations and technical capabilities.

BlockDAG’s Groundbreaking Initiative and Market Impact

BlockDAG has unveiled plans for a moon-based keynote, propelling the excitement around its cryptocurrency to new heights. This announcement has significantly boosted investor interest, already robust from its ongoing presale, which has impressively amassed $17.8 million. Such innovative marketing strategies, coupled with solid technological fundamentals, are setting BlockDAG apart in the competitive crypto arena.

BlockDAG’s approach integrates the speed and scalability of Directed Acyclic Graph (DAG) technology with blockchain’s inherent security, offering a unique blend that promises high throughput and enhanced transaction efficiency. This technological edge, coupled with the upcoming price increase from $0.005 to $0.006, underscores its potential for high returns, with analysts projecting a staggering 30,000x ROI.

The excitement around BlockDAG is further fueled by its strategic developments and the buzz generated by its moonshot keynote teaser. As the crypto community eagerly anticipates more details about the keynote, BlockDAG continues to strengthen its market position, promising not only substantial returns but also a new era of crypto utilisation.

As the presale progresses, the anticipation surrounding BlockDAG only intensifies. The proposed price increment to $0.006 in the upcoming Batch 10, alongside the captivating moon-based keynote video, highlights the company’s strategic prowess in creating buzz and sustaining investor interest. This combination of technological innovation and marketing genius positions BlockDAG as a formidable player in the crypto space, overshadowing competitors like Kaspa and Solana, who are currently grappling with their market challenges.

BlockDAG’s Forward-Looking Vision

Looking forward, BlockDAG is not just focusing on current gains but is laying the groundwork for sustained long-term growth. The development team continues innovating, ensuring that BlockDAG remains at the forefront of technology with upgrades and new features anticipating market needs. This proactive approach to technology and marketing ensures that BlockDAG remains a step ahead in the fast-evolving cryptocurrency world.

 

 

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Lokpobiri: Nigeria Lost $34bn in Two and Half Years Due to Decline in Oil Production

By
Samuel Nwite
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0

During the Second Quarter Dinner of the Petroleum Club in Lagos themed “Funding Our Way out of the Crisis: Looking up to the Oil and Gas Sector”, Minister of State for Petroleum Resources, Heineken Lokpobiri, delivered a keynote speech addressing critical issues facing the oil and gas sector.

Among other things, he revealed a staggering loss of $34 billion over the last two and a half years due to declining oil production from assets being divested by ExxonMobil to Seplat Energy.

Lokpobiri disclosed that output from these assets plummeted from 600,000 barrels per day (bpd) to a mere 120,000bpd, resulting in a significant shortfall of 480,000bpd. At a conservative estimate of $80 per barrel, this translated to a monumental loss of $34 billion, highlighting the magnitude of the challenge facing Nigeria’s oil industry.

“My own opinion is that, look, we are in short of 480,000 barrels a day from that ExxonMobil-Seplat transaction,” he said.

“For the past two and a half years, oil has been moving around $80 a barrel. Four hundred and eighty thousand barrels a day, multiply it by two and a half years, and it will give you about $34 billion.

“When I was at this table, I was doing rough mathematics and I guess you have your phones. So, you can do the calculation. If one asset was doing about 600,000 barrels, because of certain problems, which we’re trying to resolve, production declined to 120,000 barrels, which means we’ve lost about 480,000 barrels a day.

“Multiply it by $80 a barrel. Every day, you’ll get about $34 million. Multiply it by two and a half years, you’re talking about over $30 billion. If $30 billion is injected into our economy today, I guess you guys will have to sell more of your dollars because dollar will naturally drop. This exchange rate is sometimes a question of demand and supply.”

Against this backdrop, which has been described as the major contributor to the naira’s woeful performance in the FX market, Lokpobiri expressed confidence in the country’s ability to ramp up oil production to five million barrels per day within the next 12 to 18 months. He attributed the decline in production to a lack of investment in the sector over the past decade and underscored the urgency of addressing this issue.

“If from only that Seplat-ExxonMobil transaction, we have lost about $35 billion, imagine if that money was in Nigeria. Imagine if NNPC has about 70 per cent of that money. If they have that money to expand their investment, I believe that Nigeria will be in a better place,” he added.

The Minister said the quickest way to the redemption of the Nigerian economic problems is through the oil and gas sector. No oil and gas-producing country fails to prioritize investment in the sector.

He further outlined the potential for restoring production levels by resolving the divestment process and making minimal investments in the affected assets. He stressed that resolving the bottlenecks hindering the divestment process was paramount to unlocking Nigeria’s oil production potential.

According to him, one of the first problems that confronted him was the ExxonMobil-Seplat transaction, and said for the past two years, they’ve been struggling to resolve the problem.

“When I came, what I did was to bring Seplat and NNPC to the table to say, ‘Look, we must lock up ourselves in this room. We must find a solution to this problem.’

“What is the problem? They can attest to the fact that we are able to get some agreements. And I believe that in no distant time, we’ll be able to resolve that problem,” he said.

Lokpobiri’s calculations revealed the staggering economic impact of the production decline, with implications for the country’s revenue and overall economic stability. He reiterated the government’s commitment to prioritizing investment in the oil and gas sector to drive economic growth and deliver on its promises to the Nigerian people.

“That is my mandate. That is the mandate given to me by Mr. President. And I can assure you that this present administration is committed to ensuring that that happens.”

In addition to addressing the divestment challenges, Lokpobiri highlighted the government’s efforts to attract investment and remove bottlenecks in the industry. He emphasized the importance of collaboration with industry stakeholders and expressed optimism about resolving the issues hindering investment in the sector.

“We are willing to remove all bottlenecks in the industry because every country that has oil prioritizes investment in the oil and gas sector,” he said.

Furthermore, the Minister outlined plans for hosting the African Energy Bank (AEB), highlighting the potential economic benefits for Nigeria. He noted the government’s determination to leverage all available resources to attract investment and maximize the country’s oil and gas potential.

“But the summary of what I want to say today is that, as a government, our own policy is to ensure that we do everything that is globally possible that other countries don’t have and that other countries are doing to attract investment, so that we can attract the desired investment,” he said.

An increase in oil output has been touted as a sure way to lift Nigeria from its present economic predicament – which has unleashed an unprecedented 40.1 percent food inflation as the naira falters.

Lokpobiri’s remarks are seen as an admission of how critical the situation has become and the importance of addressing the challenges – mainly, oil theft and infrastructure vandalism. Also, experts note that by resolving divestment issues, attracting investment, and fostering collaboration with industry stakeholders, Nigeria can unlock its oil production potential and pave the way for sustainable economic growth.

E-Payment Transactions in Nigeria Surged to N234 Trillion in Q1 2024

By
Ojukwu Emmanuel
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0

Electronic payment transactions in Nigeria is reported to have surged to N234.4 trillion in the first quarter (Q1) of 2024.

According to the report released by the Nigerian Interbank Settlement System (NIBSS), the value of electronic payment transactions grew year-on-year (YoY) by 89 percent from N136.2 trillion recorded in Q1 of 2023.

The data also showed that the value of NIBSS Instant Payment (NIP) recorded a high value of transactions, growing YoY by 90.8 percent to N236.46 trillion in Q1, 2024, from N123.9 trillion in Q1 2023.

From January to March, there was a steady rise in the amount of payment transactions carried out via various banks and fintechs in the country, as report revealed that the value of Mobile Money Operations (MMO) transactions grew by 87.8 percent to N17.11 trillion in Q1, 2024 from N9.11 trillion in Q1 of 2023.

Also, the value of Cheque transactions grew by 22 percent to N935.24 billion in Q1 of 2024, from N765.9 billion in Q1’23. However, the transaction value of PoS transactions fell year-on-year (YoY) by 8.09 percent to N2.61 trillion in Q1’24 from N2.84 trillion in Q1’23.

Financial experts disclose that the surge in e-payment transactions can be linked to the recent cash crunch experienced in the country and the cashless policy of the Central Bank of Nigeria (CBN).

Recall that when the CBN last year announced plans to redesign the old Naira notes, New notes were scarce in circulation as banks were rationing their release. On the other hand, PoS operators imposed exorbitant cash exchange charges.

This development compelled most Nigerians to adopt the electronic channels for payment of goods and services. Despite the ease of the cash crunch, a lot of them have maintained the electronic mode of payment as their preferred option.

Many of those who were forced to use either PoS or bank transfers during the period, have discovered that it is the fastest way to make payments without them going through the hassle of withdrawing cash from the bank or ATM before making payment.

Aside the cash scarcity experienced in March 2023, the revised cashless policy implemented by the CBN, which further limits the amount of cash that can be withdrawn from banks daily, has also been pushing e-payment growth. Many Nigerians are now getting used to mobile transfers, paying with PoS, USSD, among others.

Also, most businesses that do not accept mobile transactions, have now adopted transfer option as a means of payment. This implies that electronic transactions are expected to increase.

In line with this, it is interesting to note that six (6) commercial banks in Nigeria have ramped up their investment in information and technology (IT) by 44.66 percent, totaling N205.34 billion. This surge in spending corresponds with the increasing number of customers engaging in electronic transactions.

Financial statements from these banks also indicate a significant uptick in income from electronic transactions, rising by 43.73 percent to N331.61 billion. These figures underscore the notable evolution occurring in Nigeria’s payment landscape.

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