BlockDAG Stuns the Crypto Market, Raises $52.7M in Presale, Targets $5M Daily Fundraising Goal, Predicts $10 Price by 2025

The crypto world has recently experienced significant shifts, with HBAR facing a steep decline and the meme coin Pepe climbing against a broader market downturn.

It's been making some big moves, bucking the broader market downturn and rising. In this dynamic environment, BlockDAG is gaining attention by raising an impressive amount of $52.7 million in pre-sales. This achievement was supported by an impactful second keynote speech and strong global marketing efforts. According to the latest Keynote 2 insights, BlockDAG is currently aiming to reach its daily funding goal of $5 million. Industry experts predict that BDAG will reach price milestones of $10 by 2025, $20 by 2027, and $30 by 2030.

HBAR Token Drops 35% in Market Turmoil

HBAR's value has recently plummeted by around 35%, erasing its previous gains of over 100%. The rise was initially driven by false speculation that BlackRock had entered the Hedera network. This rumor was later corrected with data from CoinGecko. On April 24th, the Hedera Foundation confirmed that BlackRock's ICS US Treasury money market fund was indeed tokenized on Hedera, made possible by a partnership between Ownera and Archax.

Pepe rises as market slumps

Pepe, a notable meme coin in the turbulent crypto market, achieved an 8% gain in June, bucking the overall downward trend. This rapid growth was spurred by a bold promotion by Binance, offering up to 100 million PEPE tokens through Binance Pay.

Initially struggling to overcome the $0.000015 resistance, Pepe price eventually stabilized at the $0.000011 support level. This push by Binance provided enough momentum to highlight Pepe’s resilience in the volatile meme coin space.

Keynote Boosts BlockDAG Price Outlook

BlockDAG's latest keynote strengthens its market position and paints a promising outlook for its future value. Experts currently see BDAG reaching $10 per coin by 2025 and generating $200 a day from mining with the X1 app. We predict this coin could double to $20 by 2027, triple to $30 by 2030, and potentially generate $600 a day. This prediction has increased investor enthusiasm and urgency, especially as BlockDAG pre-sales have skyrocketed, posting a 1120% price increase.

The advanced technology introduced in Keynote 2, combining Proof-of-Work and Directed Acyclic Graph systems, supports these bullish predictions by improving the scalability and security of concurrent transactions.

Currently, BlockDAG is withdrawing $500,000 per day and is expected to reach $5 million per day by the end of the 4-month pre-sale period, in time for mainnet launch. This impressive development highlights the growing momentum behind BlockDAG's blockchain technology transformation mission.

In addition, BlockDAG's global marketing spotlights the brand in various locations such as Tokyo's Shibuya Crossing, Las Vegas' Sphere, and London's Piccadilly Circus to increase market trust. The “Moon Keynote 2” theme symbolizes BlockDAG’s bold marketing tactics. These strategic, high-visibility campaigns, coupled with endorsements from Cointelegraph, Forbes, and Bloomberg, have increased BlockDAG's profile and credibility.

Notably, the presale has now reached $52.7 million, with over 11.7 billion BDAG coins distributed and an additional $3.3 million sold by over 8006 miners. This enthusiasm from early backers is driven by the promise of significant returns and BlockDAG's cutting-edge technology.

Summary

Simply put, the sharp fall in HBAR triggered by false alarms contrasts with Pepe's durability in a market downturn and highlights the unpredictability of the crypto world. However, BlockDAG stands out with strong growth forecasts and ambitious global expansion plans

News source: https://www.kdj.com/cryptocurrencies-news/articles/blockdag-stuns-crypto-market-raises-m-presale-targets-m-daily-fundraising-goal-predicts-price.html

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