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BlockDAG Raises Over $212.5 Million in Presale

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by Giorgi Kostiuk

8 days ago


Recently, the cryptocurrency market has experienced significant changes, with notable declines in the prices of certain coins and emerging projects achieving success. This article discusses current events in the crypto market, including news about Pi coin, Story (IP), and BlockDAG.

Pi Coin Prices and Their Decline

The price of Pi coin has dropped by 44% in ten days, reaching a level close to $1. The decline is attributed to concerns that Binance will not include the coin in its future listings. This situation has raised alarms within the community, leading to decreased confidence and capital outflows.

Success of Story (IP) and Interest in Shiba Inu ETF

The price of Story (IP) surged by 13% in the last 24 hours. The increase in trading volume by 180% has also drawn attention. Experts have noted a technical breakout, indicating potential future gains. Discussions surrounding the Shiba Inu ETF are gaining traction, sparking interest in trading strategies within the market.

Rising Interest in BlockDAG

BlockDAG has showcased remarkable results, raising $5 million within 48 hours after its third presentation. The total presale amount has exceeded $212.5 million, placing the project on track for its $600 million goal. The Beta Testnet V1 has recorded over 1.2 million transactions, with plans to launch over 1,000 decentralized applications by 2026.

Against the backdrop of the declining Pi coin and rising interest in the Shiba Inu ETF, BlockDAG stands out with its tangible achievements and technological advancements. The success of BlockDAG emphasizes the importance of monitoring projects that not only promise growth but also deliver on their commitments.

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