BlockDAG Price Prediction After Presale Reaches $66 Million

2024-08-16

BlockDAG Price Prediction After Presale Reaches $66 Million.webp

BittimeBlockDAG succeeded in raising fresh funds of $65 million (Rp. 1 trillion) in the pre-sale or presale stage. This fantastic figure makes many eyes focus on this project. So, what is the future price prediction for BlockDAG? Let's discuss it in this article!

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BlockDAG: A New Challenger in the Blockchain Industry

BlockDAG is currently one of the hottest ICO projects. Their fundraising even surpassed Ethereum in its early stages. If it successfully reaches its funding target of $600 million (Rp. 9.3 trillion), BlockDAG has the potential to become the largest ICO of all time.

Read also: BlockDAG Price Surge 1300%, Is This Profitable?

BlockDAG's advantage lies in its innovative layer-1 blockchain technology. The project offers very fast and cheap transactions, making it an attractive alternative to Ethereum. 

As a Proof-of-Work based blockchain with smart contract support, BlockDAG also allows users to contribute to maintaining the network through mining using smartphones. 

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Interestingly, this mining process does not drain battery or data, making it more user friendly.

These innovations are what make BlockDAG presales so popular. With funds of $65 million (Rp. 1 trillion) in hand, it is not surprising that large exchanges such as Coinbase, Binance, KuCoin, Kraken, OKEx, and MEXC will be competing to list the BDAG token. 

This will open up opportunities for new investors who cannot participate in the presale stage.

Read also: Fast Transactions! Get to know BlockDAG Technology

Apart from that, BlockDAG also managed to sell more than 10,000 mining devices. This shows that their network has strong durability and security, making it a serious contender in the world of layer-1 blockchains.

Prediction Future Price of BlockDAG

The BDAG token price is currently priced at $0.017 (Rp. 265) per token in the 22nd presale stage out of a total of 45 stages. The price will continue to rise at each stage until it reaches $0.05 (Rp. 780) in the final stage, an increase of almost three times the current price.

When BDAG finally lists on the stock exchange, the price has the potential to soar even higher. However, how high the spike will be is still a question mark. The reason is, during presale, only market demand plays a role. When listing, a supply of tokens will begin to circulate, which can push the price up or down.

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Leading analyst ClayBro is quite optimistic about BlockDAG's prospects. He predicts that the price of BDAG could soar up to 1,000 times after the ICO. 

Meanwhile, analysts from Cryptonews is more conservative by estimating the price to reach $0.87 (Rp. 13,632) by the end of 2024. This means an increase of up to five times the current price.

How to Buy Crypto on Bittime

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You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of Indonesia's best crypto applications, officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime

Monitor graphic movement of Bitcoin (BTC) priceEthereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.

 

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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