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BlockDAG (BDAG), a Layer 1 Proof of Work consensus project, has been gaining traction since launching its multi-stage ICO campaign.
Drawing direct inspiration from Bitcoin and Kaspa, this project focuses on addressing the challenges that have plagued traditional blockchains through its advanced DAG structure.
With $59.8 million raised, the BlockDAG ICO is nearing the $60 million milestone, becoming one of the most in-demand presale cryptos on the market.
How far can the token go once the ICO event is completed? This article tries to forecast the possible price movement of BDAG, considering its current popularity, use case, and growth potential.
What Is BlockDAG?
Describing itself as the “world’s most advanced layer 1 blockchain,” BlockDAG is a new project that focuses on delivering speed, security, and decentralization. Basically, the project was developed to make crypto mining more decentralized, seamless, and profitable.
It is backed by special algorithms like k-cluster and GHOSTDAG. With that, BlockDAG eliminates the decentralization dilemma while also maintaining high throughput and security. According to its whitepaper, BlockDAG has the capacity to process 10 blocks per second.
More so, BlockDAG facilitates crypto mining through smartphones through the aid of its X mining rigs. These products are in three models – X10, X30, and X100 and they provide an opportunity for users to earn free crypto, even while on the go.
There is also a mobile-friendly mining option, known as the X1 miner app. It is currently available on the Google Play Store and App Store. While the X10, X30, and X100 models cater to advanced miners, the XI miner app is suitable for newbies.
Meanwhile, at the heart of the BlockDAG ecosystem is BDAG. The token has a total supply of 150 billion coins out of which 66% representing 98.5 billion has been dedicated to miners, community building, liquidity, and the project’s team.
A few days ago, BlockDAG announced UFC champion Alex Pereira as its lead brand ambassador. Citing Pereira’s unwavering athletic prowess and determination, the team describes the alliance as a big step forward in its goal to change the existing narrative in the blockchain sector.
BlockDAG (BDAG) Price Prediction
Since BlockDAG is still in its presale phase, there’s no graphical data to go by yet. Nonetheless, the project has fully revealed its major concept and the value it aims to deliver to the crypto community. This makes it possible to gauge its potential as a cryptocurrency.
That being said, BlockDAG kicked off its token presale in December 2023 with $0.001 as its starting price. Structured across 45 stages, BlockDAG says 33% of BDAG’s total supply has been set aside for the ongoing presale event. At press time, the BDAG presale is in its 20th stage and sells for $0.015.
Given the relevance of its unique value propositions to the broader crypto landscape, BlockDAG has gained considerable interest from investors. So far, over 12.2 billion BDAG tokens have been sold.
Additionally, the project has garnered close to $4 million from the sale of more than 9,500 X series miners, thanks to its solid keynote strategy which regularly showcases its latest technical breakthroughs and regular updates through DEV releases.
9500 miners sold and we’re not slowing down!
Your energy and dedication are powering BlockDAG to the moon. 
Let's continue to reach new heights together. Thank you for your support! 
https://t.co/iuiIjzI4ou pic.twitter.com/wbnpzVoIFF
— BlockDAG Network (@blockdagnetwork) July 20, 2024
BlockDAG’s ability to achieve these feats while still in its early phase strengthens its market position and also highlights its potential to make a lasting impact in the evolving crypto space.
Above all, multiple factors will work together to determine its post-launch performance. One of them is its mining utility. At its core, BlockDAG wants to make crypto mining more appealing and effective through its dedicated mining rigs.
Market experts including Michael Wrubel believe that these products will lure more investors and miners to its ecosystem, thereby impacting the price of BDAG.
The second factor that will probably drive the price of BlockDAG is Bitcoin. Don’t forget that the project is aiming to build on the network foundation of the crypto king so as to facilitate quicker transaction capabilities. As such, there is a chance that it might mirror the Bitcoin price.
After struggling below the $60k level within the first two weeks of July, Bitcoin has now seen a sharp rebound in its price, soaring by 12% in the past 7 days. According to CoinmarketCap, one Bitcoin is selling for $67,209.68. If the market conditions are right, a boost in Bitcoin’s price may create a cycle of growth for BlockDAG.
The third factor to consider is where the token will be listed when it opens for DEX trading. If the project is able to secure multiple listings on major exchanges like Binance and Coinbase, it will reach a wider audience, thereby boosting its price. However, listings on those two top exchanges are rare.
More Next Crypto To Explode Contenders
There’s no doubt that BlockDAG has gained substantial attention since its debut. However, when seeking out the next crypto to explode it can help to keep a diversified portfolio.
Two other leading presale cryptos, Mega Dice and 99Bitcoins have also been turning heads with their unique value propositions and potential to deliver huge returns. Let’s explore the basic features of these hot cryptos.
Mega Dice (DICE)
Developed on Solana, DICE is the utility crypto of Mega Dice, a reputable Telegram casino and sports betting platform. Mega Dice stands out among its peers when it comes to delivering a combination of rewarding and exciting gameplay to players.
With its vast gambling department spanning different arrays of casino, sports, and esports betting possibilities, Mega Dice caters to various preferences and tastes. The innovative casino regularly updates its gaming library so that players can find the newest games whenever they visit.
More so, Mega Dice’s payment system is fast and easy to use, its bonuses are accessible and mouth-watering, and its security aspect is top-notch. As such, it is no fluke that it has earned the confidence of many players, boasting 10k plus active monthly players and over $50 million in monthly wagering.
Nonetheless, with the launch of its native token, Mega Dice is following in the footsteps of Rollbit and TG.Casino. Anyone who wager on games with DICE will be able to unlock higher rakebacks and other VIP perks. More so, Mega Dice, in a bid to ensure that active members of its community benefit from its growth, has introduced a unique staking facility where investors will be able to earn APY rewards based on the performance of the platform.
The combination of these innovative features solidifies DICE’s position as the next GambleFI token to watch out for this year. 99Bitcoins, a famous YouTube channel with more than 700k subscribers, recently tips the token to leverage Mega Dice’s resounding track record and its novel utility to record an explosive start on the price charts.
Another well-known analyst that has given a bullish analysis on DICE is the aforementioned Michael Wrubel. In a short video, the YouTuber described the token as the “next 10x” winner.
For those interested, DICE is still available for grabs for as low as $0.095. The token can be purchased on the website with major cryptos like SOL, ETH, and BNB.
Follow Mega Dice on X or join its Telegram channel.
Buy Mega Dice (DICE) 99Bitcoins (99BTC)
99BTC is another presale crypto that has been in the spotlight since its launch. It is the native token of 99Bitcoins, one of the longest-serving crypto education platforms in the world.
Renowned for its comprehensive suite of crypto-related courses spanning interactive modules and exclusive trading programs, 99Bitcoins has emerged as a popular place to learn about the rudiments of cryptocurrencies and blockchains.
At the time of writing, not less than 2 million crypto bulls have registered for its academic programs. Likewise, the platform’s YouTube channel boasts over 705k subscribers, a feat that speaks to its credibility.
However, by launching 99BTC, 99Bitcoin is now entering into the crypto space in a completely unique dimension. Similar to the viral P2E concept, 99Bitcoin is pioneering a learn-to-earn space where individuals will be able to earn free rewards for learning about crypto.
Users will be able to savor free 99BTC tokens by engaging with the ecosystem, completing crypto-related courses, and participating in quizzes or community-based discussions. While it was originally built on Ethereum, 99BTC has been integrated with the BRC-20 chain, allowing it to tap into the infrastructure and security provided by the Bitcoin network.
Another important aspect of 99BTC is its staking program. Early buyers can lock their tokens in the project’s pool to earn passive rewards. According to the website, over 1.5 billion $99BTC tokens have already been staked.
Given the wild excitement around the launch of the token, prominent crypto analyst Crypto Gains says it might become the next BRC-20 cryptocurrency to surge.
The 99Bitcoins’ presale has raised close to $2.5 million, signaling investors’ strong belief in its future. Investors can purchase the token using ETH, USDT, and credit/debit cards.
Follow 99Bitcoins on X and join its Telegram channel.
Buy 99Bitcoins (99BTC)
*Cryptonomist did not write the article or test the platform.
