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BlockDAG Triumphs With $10.5 Million In Presale, Outshining Pyth Network And InQubeta Amid Crypto Innovations

Last Updated: March 30, 2024By

In the boiled up cryptocurrency cuisine, recent advancements related to Pyth Network and InQubeta are attracting widespread attention. However, amidst these developments, BlockDAG is cooking, securing a remarkable $10.5 million in its presale’s fifth batch, thereby drawing considerable investor interest. This article seeks to simplify the decision-making process for investors by comparing the potential returns from these delicious investments.

Pyth Network Enhances Access to Live Data

Achieving a significant milestone, Pyth Network has launched its Price Feeds on the Merlin Chain, providing developers with over 400 direct, swift data feeds from both the crypto and traditional financial markets. This breakthrough enables developers to explore new possibilities for smart contract applications, such as trading in derivatives and perpetual futures, as well as decentralized borrowing and lending platforms.

Pyth Network introduces a ‘pull oracle architecture’ that allows smart contracts to request price updates when necessary, guaranteeing timely and accurate data. Through its integration with Merlin Chain, part of Bitmap Tech, Pyth Network enhances Bitcoin’s Layer1 technology while introducing innovative solutions on its Layer2 network. This innovation elevates data reliability across the DeFi and blockchain landscapes, driving progress and expansion in the digital asset sector.

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InQubeta Draws Investor Interest in Presale

InQubeta, leveraging the convergence of AI and blockchain technology, has quickly become a key player in the cryptocurrency market. With its presale attracting significant investment, amounting to $12.3 million, InQubeta highlights its potential despite falling short of BlockDAG’s impressive $9.9 million raise. Analysts foresee a substantial growth potential for InQubeta, anticipating a 45-fold increase in value post-launch, making it a promising investment opportunity.

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BlockDAG Celebrates $10.5 Million Achievement in Fifth Presale Phase

BlockDAG has made headlines following the release of a keynote video at Shibuya Crossing, Tokyo, that captured the crypto community’s interest, resulting in a $10.5 million presale raise. The fifth batch, priced at $0.003, saw the sale of over 5.7 billion BDAG coins and more than 4100 X Series Miners. Emphasizing the Directed Acyclic Graph (DAG) structure alongside the Proof-of-Work (PoW) consensus model, BlockDAG focuses on scalability, security, and decentralization, appealing to both investors and miners.

With initiatives like the BlockDAG X1 app, which enables daily mining of up to 20 BDAG coins, and various home mining solutions, BlockDAG is dedicated to enhancing the mining experience. It is recognized as the leading layer-1 blockchain, providing top-tier speeds and security levels, thereby earning investor confidence.

BlockDAG’s commitment to scalability and decentralization positions it as a prime choice for contributors looking to support a decentralized, secure crypto ecosystem. The network’s user-centric and sustainable strategy appeals substantially to the community, with its range of Asics X series mining rigs, capable of minting up to 2,000 BDAG coins without overspending energy, and the previously mentioned X1 mobile app. This achievements and the successful presale motivated the brand’s Dept. of Communication to communicate their roadmap that includes raising $600 million until the end of 2024.

Final Thoughts

In the competitive cryptocurrency landscape, BlockDAG distinguishes itself as the preferred investment choice, thanks to its advanced scalability and dedication to decentralization. By raising $10.5 million in its presale and distributing over 5.7 billion BDAG coins, BlockDAG sets a new standard with its DAG structure and PoW consensus, ensuring unmatched security and speed. Investors are invited to join BlockDAG in shaping the future of blockchain technology and fostering a decentralized environment.

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About the Author: Carolyna Mavis

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