The BlockDAG cryptocurrency project is drawing significant attention among both large investors and retail buyers amidst its successful auction.
Status of the Auction and Whale Interest
BlockDAG's presale has reached $364.5 million, and interest in buying BDAG is rising. Large investors, known as whales, are keen to secure better positions in the BTC auction closing on August 11.
Retail Investors Keep Participating
The auction is not exclusive to big players; anyone can participate, accumulating BDAG to gain a share of the Bitcoin rewards. The auction conditions also offer favorable opportunities for small buyers.
Background and Prospects of BlockDAG
BlockDAG operates as a Layer 1 network, providing trading access, DeFi capabilities, and self-custody with upcoming cold wallets. Over 4,500 developers are already working on more than 300 dApps on its testnet.
Interest in the BlockDAG blockchain is escalating, especially with the auction offering. Participation in the auction provides both large and small investors with opportunities for Bitcoin rewards and engagement in a growing project.
