BlockDAG, the upcoming layer 1 blockchain, has raised 192 million dollars and sold 18 billion $BDAG tokens in its ongoing presale. Since the event is closing soon, the devs have released a special key “FINALCALL700” to reward the late buyers with 350% bonus tokens.
In this article, we will examine BlockDAG’s potential in the long term and provide a presale participation guide. Additionally, we will check the presale end date, TGE & listing dates. Also, we will analyze the genuineness of the project. Let’s begin.
What is BlockDAG? $BDAG Use Cases & Tokenomics
BlockDAG is a layer 1 blockchain currently in its testnet phase. It offers high-speed transactions with extreme scalability. The native token, $BDAG, is in Phase 3 of the presale. The total supply is 150 million, of which around 33.3% will be distributed through presale. Here is the detailed token allocation:
- Miners – 75 Billion (50.0%)
- Presale – 50 Billion (33.3%)
- Community & Ecosystem – 19 Billion (12.7%)
- Liquidity – 4.5 Billion (3.0%)
- Team – 1.5 Billion (1.0%)
How to Participate in BlockDAG Presale?
You can buy $BDAG tokens by swapping ETH, USDT, BNB Chain, BTC, TRUMP, KAS, DOGE, SHIB, and a bunch of other popular tokens. Fill your wallet with any of these tokens and access the presale page of BlockDAG to purchase. Here is a detailed guide:
- Visit BlockDAG network’s official website and scroll down to see the “Join Presale” tab.
- Access the Presale page and tap “Connect Wallet”. Choose your wallet provider and approve the connection request in the extension to reach the dashboard.
- Navigate to the “Buy BDAG” section and choose your swapping token from the list. For USDT, the minimum amount of purchase is 42. Other tokens also have a similar minimum value.
- Enter the amount you wish to buy and type the special code (FINALCALL700) in the space provided. Finally, click “Buy Coins” and approve the wallet requests.
Is BlockDAG’s Presale Worth Attending?
According to BlockDAG’s official blog, the BDAG token has the potential to reach $20 by 2027. While the hype around the listing will surely attract some investors to the token, the practicality of a $20 price is questionable. The attractive roadmap plans and the flawless technology make it a token for long-term potential. However, competition from similar ecosystems can affect its popularity. Let’s check its strengths and weaknesses.
- Pros: With the increased blockchain adoption and the need for highly advanced layer 1 solutions, BlockDAG has the power to sustain itself as a scalable ecosystem in the future. Beyond the speed and scalability, it offers top-notch security and 100% decentralization.
- Cons: A major concern is the reliability of BlockDAG. Although it has a solid whitepaper, the marketing strategies are highly speculative. Its roadmap and blog posts are filled with unrealistic expectations to increase FOMO in the minds of the audience.
BlockDAG $BDAG TGE & Listing Dates
After the Token Generation Event (TGE), BlockDAG plans to list the tokens to 10 centralized exchanges at first. Then it will expand to other prominent exchanges. The exact dates of launch and listing are not revealed by the team. We can expect an announcement soon. Subscribe to BlockDAG’s official social media handles and blog to get the TGE & listing updates early. Also, the exact date of the presale’s conclusion is not yet out.
Will BlockDAG $BDAG Reach $1? Roadmap Analysis
The BlockDAG project was launched around January 2024. After the launch of the testnet, it has been improving the ecosystem for quite a time. If the listing happens in Q2, 2025, the later plans for this year have the potential to push the price of $BDAG to $1.
In 2025, BlockDAG plans to launch stablecoins, web3 wallets, airdrops, DeFi swaps, and more. If everything happens in time $BDAG will surge above $1. However, the roadmap lacks sufficient analytical support, contributing to the uncertainties in practicality.
Final Thoughts: Should I Invest in BlockDAG?
If you are skeptical about attending BlockDAG presale, the best solution is to purchase with the funds you can afford to lose. In the case of BlockDAG, it is $42. This way, you can escape from the FOMO (Fear of Missing Out). Otherwise, you can skip $BDAG and search for other reliable coins. Anyway, research is a must before making any investment decisions. Always DYOR!