BlockDAG Eyes 20,000x ROI As Presale Breaks Barriers
Block DAG is currently in Phase 8 of its presale, having raised over $15.5 million thus far.
The first few months of 2024 have seen many successful crypto projects take off. As Soobin Choi has pointed out, these include the crypto presale market that has broken records in terms of money raised and has massive growth potential.
One of the most notable examples of this is BlockDAG, a crypto that has raised an impressive $15.5 million thus far in its presale and this is still ongoing. With this, experts believe that it could be one of the biggest crypto projects of the year.
All About BlockDAG
BlockDAG has secured this much hype within the industry because of the DAG-based technology behind it. Its blockchain is capable of processing up to 15,000 transactions per second with lower fees charged.
On top of this, BlockDAG is compatible with the Ethereum Virtual Machine (EVM), which has endeared it to users. Ever since the project launched its presale, it has seen resounding success, with $15.5 million raised so far. It is also worth noting that BlockDAG is still in phase 8 of the presale, so fundraising has not ended yet.
Over 7 billion tokens and 4,500 miners have been purchased so far and with the release of the project’s whitepaper, there is even more excitement for it to be fully launched into the market. Currently, experts are pegging BlockDAG to see a 20,000x increase in value, which is great news for its initial investors.
2024: The Year of the Presale
One of the reasons why BlockDAG’s presale has been so impressive is because of its potential to change the blockchain industry as a whole. By offering faster speeds and better fee structures, it is like nothing else in the market and will likely be popular with crypto casino users and those sending funds internationally, as well as investors.
At the same time, it is one of many crypto presales that have taken off this year. Tokens like Nuggetrush, Bitbot, Dogeverse, and Raboo have made millions from their presales and this speaks to the current attitudes in the market.
As we recover from the last crypto winter, there is an air of excitement and anticipation regarding new tokens. Bitcoin has provided healthy returns for its investors and this has led to more new entrants in the market. Even existing investors are now on the hunt for the next big token that will deliver returns and the market is chock-full of potential.
It is also very interesting that so many of these popular presales are meme tokens. For a long time, meme tokens were underrated within the crypto space because they weren’t taken seriously. But following the success of tokens like Dogecoin and BONK, they have proven to be viable investment opportunities in their own right. Now, there are cryptos of virtually every meme on the planet and more pop up each day hoping to replicate the previous success of others. And from the numbers some of these presales are reporting, this might just become a reality.