The post BlockDAG Price Prediction as Presale Raises $66M appeared first on Coinpedia Fintech News
All eyes are on BlockDAG as its presale raises an astonishing $65 million.
Having already captivated hundreds of thousands of traders, can this project continue exploding after launching on exchanges?
BDAG Set For Big Gains When It Hits Exchanges
Right now, BlockDAG is one of the hottest ICOs.
Its fundraising efforts have eclipsed that of Ethereum, and should it reach its $600 million hard cap, it could become the biggest ICO of all time.
The project offers a unique spin on layer 1 blockchain technology, providing incredibly fast and low-cost transactions as an Ethereum alternative.
It’s a Proof-of-Work blockchain with smart contracts, and users can help support the network by mining from their smartphones. Mining BlockDAG does not drain batteries or use excess data, making it accessible and convenient.
Standout innovations like these are why people can’t get enough of the BlockDAG presale and could contribute to its long-term success.
With $65 million raised, there’s no doubt that big exchanges will pay attention and want a slice of the mega trading fees post-presale. This could manifest in the likes of Coinbase, Binance, KuCoin, Kraken, OKX, and MEXC all listing the token.
Should that occur, it would unlock a new stream of exchange-based buyers who could not enter the presale.
It’s also worth noting that BlockDAG has already sold over 10,000 mining devices. This attests to the network’s robustness and security, making it a leading contender in the layer 1 blockchain landscape.
With a solid underpinning use case, unwavering community support, and the very likely future interest of big exchanges, BlockDAG has a tailwind to ride into its exchange debut.
The current $BDAG presale price is $0.017, but this will continue to rise throughout the ICO. It’s currently in batch 22 of 45, with the price increasing for each one. The price will hit $0.05 in the final batch, marking a nearly 3x increase from its current value.
And as BDAG moves to exchanges, there’s every chance its price increases even further.
As to how far it could go, this remains to be seen.
Currently undergoing a presale, only demand-side market activity is taking place. Supply-side activity will kick off when it launches on exchanges, and this could either skyrocket or suppress its price.
Prominent analyst ClayBro is optimistic that BlockDAG will surge after the ICO, speculating an eye-popping 1000x gain.
From a more conservative standpoint, an analyst from the Cryptonews media outlet forecasts highs of $0.87 by the end of 2024.
Currently available at $0.017, that would lead to up to a 5x gain.
Indeed, BlockDAG is showing huge potential. Its goal of solving blockchain’s scalability with innovative technology is causing a buzz.
But there’s another presale token also with a similar setup. It’s called Pepe Unchained and has raised over $8 million so far. Let’s take a closer look.
Another Crypto Presale to Watch: Analysts Back Pepe Unchained as it Nears $9M
At first glance, Pepe Unchained might seem like a meme coin, but make no mistakes, this new presale is unlike anything else.
It’s an Ethereum layer 2 blockchain that will provide low-cost and fast transactions.
And here’s the exciting part: it’s designed specifically for meme coin-related apps.
This unprecedented move sets it apart from all other meme coins and layer 2s.
Combining these two narratives is attracting huge attention, and could lay the way for big gains.
Like BlockDAG, users can participate and earn tokens on Pepe Unchained. However, they will do so through a more environmentally friendly staking mechanism, rather than mining.
Staking is live and currently provides a whopping 233% APY.
Pepe Unchained also boasts sophisticated features like a dedicated Ethereum bridge and a block explorer. $PEPU provides exposure to the viral meme coin sector while supported by robust fundamentals. Analysts are going wild for it.
Freeman Finance and Crypto dubbed it “the next big meme.”
“There are two core values I look for with meme coins: a hot narrative and the devs put their own twist on it. That’s exactly why I’m with Pepe Unchained,” he said.
The presale has raised over $8 million so far. Investors can buy Pepe Unchained at presale for $0.0090901, but this price will rise throughout the campaign with the next increase in one day.