BlockDAG raises $13.3m; leads the charge in crypto’s 2024 outlook

In the ever-evolving world of cryptocurrency, the spotlight for April 2024 shines on Ethereum, Mantle, and a new contender, BlockDAG.

BlockDAG is making waves in the web3 space with its innovative technology and promising returns. 

As Ethereum aims for a $5,000 milestone amidst market fluctuations, and Mantle reaches new peaks, BlockDAG emerges as the standout, having raised an impressively over $13.3 million in its initial offering phase. This success is not merely about the financial figures; it represents a shift in how blockchain technology is approached and utilized.

BlockDAG uses DAG for speed and scalability, along with low-code/no-code tools to make blockchain development accessible.

Ethereum’s positive price trajectory

Ethereum’s price rose 5% to $3,500 due to increased liquidity and investor interest. It reached a record trading volume and could surge past $4,000 in April, potentially reaching $5,000.

Mantle’s price hits new heights

Mantle’s price has seen impressive growth, with a 50% and 38% increase on the weekly and monthly charts. Now just 15.57% shy of its latest peak at $1.48, experts believe Mantle is on the verge of recapturing this high and setting new records.

This surge is largely driven by significant interest from large-scale investors, who added over 11 million MNT, valued at $12.7 million, in a single day. Retail investors are also jumping on board, with a 187% increase in active addresses. However, a decline in investor enthusiasm could see Mantle’s price drop to test the support levels around $1.07 or $1.00.

BlockDAG: A new era in blockchain technology

BlockDAG raised over $13.3 million in its presale, showcasing investor confidence. It combines blockchain security with DAG’s efficiency and aims to be a leader. The coin price is expected to rise from $0.0035 to $0.05, offering investors a potential 1328% return at launch. BlockDAG is making blockchain development accessible with low-code/no-code solutions and released a whitepaper for transparency.

The publication of BlockDAG’s technical whitepaper has further cemented its reputation by offering deep insights into its structure, the complex algorithms that maintain the network’s integrity, and the advanced functionalities that facilitate rapid transactions and scalability. This document serves as a comprehensive guide to BlockDAG’s capabilities and underscores the project’s commitment to transparency and community engagement.

BlockDAG’s presale success and DAG tech position it as a leader in scalable, user-friendly blockchain solutions.
To learn more about this project, visit the BlockDAG presale website or join the community via Telegram  Discord