BlockDAG Price Prediction After Presale Reaches $66 Million
2024-08-16Bittime - BlockDAG 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!
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.
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.
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.
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