The new Layer 1 blockchain BlockDAG attracts investors' attention due to its high return potential during its presale, despite launch delays.
BlockDAG's Unique Technology
BlockDAG is inspired by Bitcoin and uses a hybrid Directed Acyclic Graph and Proof-of-Work model. The project aims for scalable solutions and has already raised over $333 million during the presale, with its pricing set at $0.0016 per BDAG. The expected launch price is $0.05.
Investor Interest in the Presale
Despite uncertainties regarding the launch timeline, the high return potential attracts investors. Currently, no official dates related to the launch delay have been announced. Many investors are using assets like ETH and BNB to convert for BDAG during the presale.
Market and Regulatory Risks
The broader market anticipates changes once listings expand, but potential regulatory outcomes remain uncertain. This occurs amid the absence of significant updates from institutions such as the SEC or CFTC. Historically, large-scale presales with similar return promises might see high initial gains but could face corrections later.
As the market awaits further news about BlockDAG, the future of the project will depend on responses to launch timeline questions and regulatory aspects.
