BlockDAG, a Layer 1 project, has completed a presale raising $326 million and sold 23.4 billion coins. Experts discuss the potential for the coin to reach $1.
Whale Activity
Asset analysis indicates that interest in BlockDAG is rising. Blockchain transaction data shows that large investors, known as 'whales', are actively purchasing coins at $0.0016. This indicates serious interest from institutional investors.
Financial Achievements of BlockDAG
BlockDAG is one of the most successful crypto presales, raising $326 million exclusively from retail investors. This amount exceeds achievements from projects like Filecoin and Polkadot, indicating a high level of trust in the project's future.
Future Price Growth Perspectives
With a launch price of $0.05, BlockDAG would have a market cap of around $1.17 billion. To reach the $1 mark, the cap would need to be $23.4 billion, which is theoretically possible given the successful stories of other cryptocurrencies.
Considering the activity of investors and successful financial metrics, BlockDAG has the potential for significant growth in the cryptocurrency market, making it a strategically important project.
