BlockDAG is off to a flying start – but can it maintain that momentum after hitting the open market?
The project is in presale and has raised $69.9 million. This article examines its potential for further success.
BlockDAG Set For Significant Gains After Presale
BlockDAG is leading the way on the presale circuit regarding the total raised.
Investors vote with cash – BlockDAG’s nearly $ 70 million raised makes it a clear favourite.
We cannot understate the scale of raising $70 million at presale. For context, the BNB ICO raised $15 million in 2017.
But more so than that, the attractive thing about BlockDAG is its use case.
It’s tackling the blockchain trilemma. For the uninitiated, this is the belief that blockchains must sacrifice either scalability, decentralization, or security to prioritize the other two.
Early models like Bitcoin and Ethereum choose decentralization and security while sacrificing scalability, while newer blockchains favour scalability.
It was always a tug-of-war until the emergence of BlockDAG technology.
BlockDAG is a new form of blockchain that allows blocks to be created in parallel. The result is a scalable, decentralized, and secure network.
Kaspa is leading the way with this – its layer 1 blockchain is live and highly scalable. The project currently boasts a market cap of $3 billion, which provides some expectations for where BlockDAG could eventually go.
BlockDAG also has benefits over Kaspa, such as smartphone-based mining, allowing everyone to participate in the network.
Yet, we cannot benchmark BlockDAG’s price prediction purely on Kaspa’s value.
Several factors throw this off, like Kaspa’s founder, Yonatan Sompolinsky, being one of the most respected individuals in crypto who published academic papers on scaling Bitcoin over a decade ago.
Nevertheless, with new innovations and vast community support, BlockDAG’s future also looks bright.
As to how far it can go, an analyst from Techopedia predicts a move to $0.125 by the end of 2025. From its current price of $0.0178, this would equate to a significant gain of 602%.
Yet, even more bullish, ClayBro speculates up to 1000x gains could be at play.
The odds are against such gains, but BlockDAG’s goal of solving the blockchain trilemma means we should not rule them out.
Another new crypto ClayBro is bullish on is Crypto All-Stars. It’s undergoing a presale and has raised $1 million so far.
ClayBro Urges Investors to “Not Miss” Crypto All-Stars
Crypto All-Stars is the first-ever unified staking protocol for meme coins.
It’s no secret that all eyes have been on the meme coin sector this year, but it has always lagged behind others in terms of innovation and features.
Crypto All-Stars is changing this, bringing staking utility to every top meme coin.
Users can stake all the heavy hitters, such as Dogecoin, Shiba Inu, Pepe, Bonk, and Mog Coin.
It’s the first time many meme coin holders will be able to generate profit from their tokens without selling them.
However, they must hold the $STARS token, adding inherent utility that could create long-term price appreciation.
Investors can also stake their $STARS during the presale and earn over a 1,400% APY.
ClayBro urges investors to “not miss” the presale.
In addition to huge staking rewards from $STARS and other meme coin staking, he alludes to potential capital gains due to the project’s early stage.
The Crypto All-Stars presale has just surpassed the total raise of $1 million.
It’s much earlier than BlockDAG, so investors can buy in on the ground floor.
However, the price will increase throughout the presale, so traders should act fast.
Visit Crypto All-Stars Presale
Credit: Source link