As Bitcoin price goes bullish, traders are buying into market optimism and new assets for profit, and the play-to-earn (P2E) has drawn significant interest. This space offers real earning potential, and one of the standout projects is Dogs, a meme coin nearing its airdrop and listing on major exchanges. Some traders are eyeing a shift from DOGS to more promising assets, a void which BlockDAG has come to fill. BlockDAG has recently entered the P2E market with TG Tap Miner, a Telegram-based game where users can earn BDAG coins. TG Tap Miner is set to intensify competition in the P2E arena, highlighting the expanding opportunities within the BlockDAG ecosystem.
Bitcoin Mining: Challenges and Recent Recovery
Bitcoin mining has recently faced fluctuations, with the 7-day moving average (MA) of the hashrate falling to 610 million TH/s earlier this month, down from 667 million TH/s in late July. This drop coincided with a significant decline in Bitcoin’s price, which fell below $50,000, impacting miners’ earnings since their rewards are fixed in Bitcoin but vary in USD value. The reduced profitability likely contributed to the decline in hashrate.
However, a rebound has occurred, with the 7-day MA climbing back to approximately 650 million TH/s. This resurgence suggests miners are regaining confidence in Bitcoin’s future, possibly anticipating a price recovery. The increase in hashrate not only strengthens network security but also reflects a more positive sentiment among miners.
Dogs Airdrop: 42 Million Users in Line
The Dogs airdrop is creating a buzz, with over 42 million users set to receive tokens. This project, backed by Telegram, attracted 53 million players during its viral rise in July. DOGS tokens were distributed based on the age of users’ Telegram accounts, with older accounts receiving more tokens. Additional rewards were given for referring others and completing tasks.
On August 26th, Dogs will be listed on major exchanges like Binance, ByBit, and OKX. Despite two postponements, excitement remains high, especially as Dogs will become Binance’s 57th Launchpool project. The project’s tokenomics include a massive supply of 550 billion DOGS, with 81.5% allocated to the community. As the listing date approaches, the Dogs airdrop and upcoming exchange availability are drawing significant attention from the crypto community.
BlockDAG (BDAG): A Strong Entry into the P2E Arena
BlockDAG has recently entered the P2E space with its TG Tap Miner game, a Telegram-based platform allowing users to earn BDAG coins. As a layer 1 blockchain project, BlockDAG has already demonstrated strong market interest, raising over $67.9 million in its presale. Early holders have seen their portfolios grow by 1680%, and with BDAG coins priced at $0.0178 in batch 22, there is significant potential for further growth as the coin is expected to launch at $0.05.
What Sets TG Tap Miner Apart?
TG Tap Miner is designed to be simple yet engaging, making it accessible to a broad audience. Each game session lasts just one minute, where players earn “Tap Points” by popping falling balls. Different balls offer varying points, adding a strategic element to the game. With new sessions every two hours and the option to use boosters, players have multiple opportunities to increase their earnings throughout the day.
Moreover, TG Tap Miner offers multiple ways to earn beyond gameplay. Players can invite friends to join and earn substantial referral bonuses, with each referral adding 4000 Tap Points to their balance. This not only enhances the gaming experience but also helps to grow the BlockDAG community, which already boasts over 120,000 members. The game is a sign of the expanding BlockDAG ecosystem and underlines the potential of BDAG to challenge the likes of ETH and SOL.
Why BlockDAG Could Be the Next Big Thing
BlockDAG’s success in the presale and the innovative approach of TG Tap Miner indicate that this project is well-positioned to capitalize on the growing P2E market. The project’s ability to raise significant funds and its focus on community-driven growth through referral bonuses and engaging gameplay make it a formidable contender against established projects like Bitcoin and Dogs.
traders looking for a high-return opportunity should consider BlockDAG. With the TG Tap Miner game gaining traction and the BDAG coin poised for growth, this could be the perfect time to get involved. For those seeking to maximize their return potential, BlockDAG offers a unique and exciting opportunity in the crypto market.
Key Insights
As Bitcoin price turns a corner and optimism is returning to the market the P2E space has been a niche that has seen inflows rise. The meme coin Dogs has made a significant impact in the P2E space but excitement has been wearing off as the token nears its airdrop. BlockDAG’s TG Tap Miner offers a fresh take to P2E gaming and is a far more exciting option than its peers in the space. Read along the game’s launch and BlockDAG’s strong presale performance and a growing community, the coin is well-positioned to yield maximum ROI than its competition and could be the next big thing in crypto.
