BlockDAG Presale Reaches $24.7M Amid Market Volatility In Graph And Thorchain Prices With CoinMarketCap Listing & Piccadilly Circus Celebration

May 11, 2024
·
3 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

Despite market volatility affecting Graph and Thorchain, BlockDAG's presale has reached an impressive $24.7 million, with over 8.8 billion BDAG coins. Its CoinMarketCap listing and a display at London's Piccadilly Circus highlight BlockDAG's growing prominence and investor confidence.

Is The Graph Set for a Rebound?

The Graph (GRT) uses a decentralized, open-source network to store blockchain data without intermediaries, simplifying access. The expanding DeFi market has sparked interest in The Graph, attracting traders and enthusiasts. Despite a 37% drop in the last 30 days, the coin, priced between $0.27 and $0.34, could rebound due to strong fundamentals after a previous 40% gain.

Ol3

Why is BlockDAG the Crypto to Watch?

BlockDAG (BDAG) has achieved significant milestones with its presale, raising $24.7 million and selling 8.8 billion coins. CoinMarketCap's recent listing and a celebration at Piccadilly Circus have further bolstered investor confidence. BlockDAG's new payment options include BTC, USDT (Tron Network), Doge, SHIB, Solana, XRP, Polygon (MATIC), Kaspa, Fantom, and Cardano, making it easy for investors to convert assets into BDAG coins. These strategic moves strengthen BlockDAG's position in the crypto market.

The network's technology is a hybrid between Directed Acyclic Graphs (DAG), that enhance transaction speed, currently up to 15,000 transactions per second, with Proof-of-Work (PoW), the most effective consensus protocol currently in the crypto landscape to address questions such as scalability, decentralization and security. All the achievements conquered by the brand have led the team to announce a roadmap that includes raising $600 million until the end of the year.

Also one of the major reasons for the project's success is the arsenal of features provided by the brand, is saying the ASIC X Series rigs, capable of minting up to 2,000 BDAG coins a day among other major cryptocurrencies, the versatile BDAG Crypto Payment Card, or the X1 miner app, a proper rig that can be carried inside pocket, with capabilities to mine up to 20 BDAG coins daily.

Ol2

Understanding Thorchain's Market Position

Thorchain (RUNE) facilitates direct crypto swaps across major networks like Bitcoin and Ethereum, without intermediaries or decentralized exchanges. Despite a 42% decline in value over 30 days, analysts expect a rebound with improving market conditions. Trading between $4.64 and $7.65, Thorchain holds a market capitalization of over $1.6 billion, remaining a strong investment contender.

Ol1

The Last Word

While The Graph and Thorchain possess unique strengths, BlockDAG's comprehensive payment options and unique marketing strategies give it an edge, broadening its appeal to investors. As BlockDAG adapts and innovates, it presents a compelling opportunity for those seeking diversification in a dynamic market.

Ol0

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
Subscribe To Techpoint Digest
Join thousands of subscribers to receive our fun week-daily 5-minute roundup of happenings in African and global tech, directly in your inbox, hours before everyone else.
This is A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day! 
Digest Subscription

Give it a try, you can unsubscribe anytime. Privacy Policy.

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.

Other Stories

43b, Emina Cres, Allen, Ikeja.

 Techpremier Media Limited. All rights reserved
magnifier