With new cryptocurrency launches and updates on the horizon, BlockDAG attracts investor attention due to its stable structure and significant funding, while Pi Network faces challenges in the market.
BlockDAG Reaches New Heights
BlockDAG combines Directed Acyclic Graph (DAG) technology and Proof-of-Work, allowing it to overcome the scalability limitations of traditional blockchains. The project has already raised $325 million and sold 23.3 billion coins in its presale. Over 2 million users have downloaded the BlockDAG X1 mining app, increasing its market activity.
Challenges Faced by Pi Network
Meanwhile, Pi Network experienced a 12% increase in recent days in anticipation of a possible AI feature launch. However, the upcoming release of 282 million coins in July may exert downward pressure on the price, raising concerns among investors.
Conclusion: Long-Term Prospects
In comparing positions, BlockDAG demonstrates a strategy for long-term growth through technological innovations supported by active user engagement and structured support, while Pi Network faces new challenges in attracting and retaining investments.
Given current trends, BlockDAG may offer more stable long-term prospects compared to Pi Network, which is dealing with volatility and pressure from upcoming coin releases.