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BlockDAG: $214 Million Raised and 1.2 Million Transactions

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by Giorgi Kostiuk

a day ago


Crypto markets are becoming active, with Polkadot, Bitcoin, and BlockDAG emerging as leaders. The latter is gaining attention due to its successful fundraising.

BlockDAG and Its Growth

BlockDAG (BDAG) has raised over $214.5 million in its presale and sold 19.2 billion tokens. Currently, over 1 million users are already mining. The network has processed more than 1.2 million transactions, indicating its functionality under real-world loads.

Polkadot: Growth Prospects

Polkadot (DOT) is trading at $3.62, which serves as strong support. Over 54% of the total tokens are locked in staking, offering nearly 12% annually. Analysts expect the price could rise to $12.

The Bitcoin Incident and Its Consequences

The recent Bitcoin incident, where a user accidentally sent a transaction with a 0.75 BTC fee, highlights Bitcoin's accessibility and usability issues. An error in transaction setup indicates a need for better cryptocurrency design, as even leading tokens can face challenges.

BlockDAG is actively developing with successful presale results and a high number of transactions. Polkadot shows growth potential, while Bitcoin faces usability concerns. These events underline the dynamic nature of the crypto market.

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