Wed, December 18

BlockDAG Announces Vesting Period & $100M Liquidity Initiative, Achieving $35.9M in Presale; Overshadows Toncoin & Chainlink 

BlockDAG Announces Vesting Period & $100M Liquidity Initiative, Achieving $35.9M in Presale; Overshadows Toncoin & Chainlink  Press Release

BlockDAG has recently garnered significant attention following its latest CoinMarketCap listing event, successfully raising $35.9 million. This substantial fundraising has positioned it as a key cryptocurrency to watch in 2024.

Despite the compelling announcements from Toncoin and the notable price fluctuations of Chainlink (LINK), BlockDAG’s exceptional fundraising performance, coupled with its ambitious $100 million liquidity strategy and a meticulously structured four-month vesting schedule, firmly positions it for a successful trajectory. This strategic approach indicates BlockDAG’s potential for substantial growth and market leadership.

Toncoin’s Reaction to Telegram’s Cryptocurrency Launch

After Telegram’s latest digital currency, Stars, was announced, the cryptocurrency market reacted positively, particularly towards Toncoin. This update has intrigued investors who are looking at its potential market integration and the effects of new app store policies on cryptocurrency transactions.

The excitement around Toncoin, monitored by major exchanges like Binance, underscores its growth potential, bolstered by strategic developments and investor interest.

Chainlink has experienced a significant increase in value following the approval of an Ethereum spot ETF, reaching its highest price in four weeks and hinting at a resurgence in the market. This upturn is largely due to Chainlink’s essential role as an oracle provider for Ethereum-related applications and decentralized finance (DeFi), enhancing its utility and adoption in tokenizing real-world assets.

BlockDAG’s $35.9M Presale Goes Viral Globally 

BlockDAG has recently dominated the cryptocurrency headlines following its latest CoinMarketCap listing and a vibrant launch event at Piccadilly Circus, which has attracted significant attention and investment. This has resulted in a highly successful presale, where it raised $35.9 million and sold around 10.1 billion coins, marking a notable achievement in the crypto world for 2024. The coin’s price has soared to $0.0095 per coin, representing an 850% increase since its last batch, showcasing its growing allure in the cryptocurrency market.

Further bolstering its appeal, BlockDAG has rolled out a strategic $100 million liquidity plan to ensure long-term market stability and encourage ongoing investments. This plan includes a carefully structured four-month vesting schedule for presale coins, beginning with an initial release of 40% and then three subsequent releases of 20%. Additionally, BlockDAG has secured substantial liquidity support from top-tier market makers, enhancing market stability and aligning with investor interests.

A stringent 3-year lock-up period for team allocations further cements BlockDAG’s commitment to market fairness and integrity, setting it apart as a trustworthy and strategic choice in the competitive crypto arena.

Conclusion

BlockDAG stands out in the evolving crypto market, offering a substantial investment opportunity. Despite positive developments from Toncoin and Chainlink, BlockDAG’s strategic presale achievements, significant liquidity backing, and careful vesting approach make it a more secure and appealing investment choice, distinguishing it from its competitors.

Invest in the BlockDAG Presale Now:

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release .

A passionate content writer with a background in journalism. Loves to explore and stay up-to-date with new technologies. Through his writing, he aims to share his knowledge and insights about the latest developments in the crypto world.