$354 Million Raised in Presale: Retail-Led Surge Breaks Records
In a major milestone, BlockDAG Network just shared on X that it has raised $354 million so far in its ongoing presale, a big moment for the crypto world. The announcement is not just about money, it shows that BlockDAG’s growth is speeding up.
Source: X
At a price of $0.0016 per BDAG, this presale has become one of the largest retail driven funding rounds in crypto space.
So, what is fueling this incredible rising start even before launching?
The answer may be hidden in its layer-1 scalable hybrid model combining DAG and Proof of Work, boasting speeds, and the audits from CertiK and Halborn backing the security.
Unlike many presales funded by big investors, BlockDAG ‘s $354 million was raised directly from everyday people. So far, over 24.4 billion BDAG coins have been sold, with support from more than 2.5 million miners using the X1 miner App. This represents real growth, not just hype.
Big investors or “whales” are not completely out of it, they are also participating. On-chain data shows multi million dollar buys, with large wallets stacking up on BDAG ahead of its expected $0.05 listing price. Early buyers who got in at $0.0016 are already seeing 2,660% gains, and that could jump to over 3,000% once BDAG goes live.
At its current sale price of $0.0016 and with over 24.4 billion coins distributed, BGAG is expected to launch with a market cap of more than $1 billion. To hit $1 per coin, it would need a market cap of almost $24.4 billion, putting it on par with the top 20 cryptocurrencies during past bull markets.
Kapsa crossed $4B in 2023, and Avalanche has reached more than $15. Even PEPE, a memecoin, has hit billion-dollar valuation with no real utility. By comparison, BlockDAG has real products, mining equipment, and a large number of users, which make it look more authentic and credible, not just a hype.
BlockDAG is preparing for a big global launch. It will be listed on more than 20 exchanges, including famous and well known ones like MEXC and BitMart.
They have also unveiled a 100 million BDAG airdrop event, as an appreciation or publicity by giving rewards to users who join the network early, do in-built tasks, or invite friends.
With its significant presale achievement, working products, big investor involvement, forward looking vision, BlockDAG is not just another altcoin anymore, it is rapidly becoming a major name in the Layer 1 blockchain ecosystem.
Can it make it into the top 50 or even top 20 coins in the upcoming future. Well these kinds of questions both crypto users and analysts are now starting to look for. But one thing is clear, BlockDAG is not just set for launch, it is setting to lead.
Bhumika Baghel is a rising crypto content writer with a deepening interest in blockchain technology and digital finance. With a keen understanding of market trends and cryptocurrency ecosystems, she breaks down intricate subjects like Bitcoin, altcoins, DeFi, and NFTs into accessible and engaging content. Bhumika blends well-researched insights with a clear, concise writing style that resonates with both newcomers and experienced crypto enthusiasts. Committed to tracking price fluctuations, new project developments, and regulatory shifts, she ensures her readers stay informed in the fast-moving world of crypto. Bhumika is a strong advocate of blockchain’s potential to drive innovation and promote financial inclusion on a global scale.