BlockDAG is in the final phase of its pre-sale, having raised over $364.5 million and sold 24.8 billion BDAG coins. The project launch is set for August 11.
Importance of the $364.5 Million Raise
The $364.5 million raised positions BlockDAG as one of the most well-funded Layer 1 projects in recent years, comparable to Avalanche, Aptos, and Solana. This funding will allow BlockDAG to rapidly develop, supporting liquidity for listings and DeFi infrastructure.
Demographics and Tools of BlockDAG
BlockDAG has already established itself with real products such as a trading platform and the X1 mobile mining app, utilized by millions of users. The project also shows full EVM compatibility and an active development of decentralized applications.
What Happens After the Launch?
After the August 11 launch, the price of BDAG is expected to rise significantly, creating interest in the project with the possibility of increasing the price to $1. Analysts believe that developer activity and technology will help BlockDAG generate significant market interest.
BlockDAG wraps up its pre-sale with a strong start and real products, which will generate additional attention and sustain interest post-global launch.
