Dominance of BlockDAG: Exceeding Internet Computer and Toncoin, Aspirations for $100 Million in Liquidity
BlockDAG Makes Waves in Crypto Market
BlockDAG, a new player in the cryptocurrency scene, is causing a stir with its innovative DAG architecture that enables quick and efficient transaction processing, confirming transactions in near real-time. This technology has secured the network a high transaction throughput of 10,000-15,000 transactions per second (TPS).
The success of BlockDAG is evident in its recent presale, which raised over $15.8 Million across 8 batches. The BDAG coin price soared from $0.001 to $0.0045 during the presale, indicating strong investor interest. BlockDAG's ambition doesn't stop there; the network aims for a post-launch liquidity target of $100 million.
BlockDAG's compatibility with the Ethereum Virtual Machine (EVM) is another factor driving its success. This feature allows developers to deploy existing Ethereum-based smart contracts on the BlockDAG network, expanding its potential user base.
The crypto community has shown increased acceptance for BlockDAG, with the release of its technical white paper celebrated in Las Vegas Sphere. The network's innovation and market appeal are seen as key drivers of its success.
Meanwhile, another cryptocurrency making headlines is Internet Computer. Its price has recently breached the $20 barrier, marking a significant milestone. In the past month, Internet Computer has surged by 28.1%, and in the past two weeks, it has seen a remarkable 51% uptick. Experts predict a potential profit of 20,000X for Internet Computer. The price forecast suggests that it could reach $27.53 by 2024.
In contrast, Toncoin has registered a 4.3% increase despite a declining crypto market. Despite major cryptocurrencies facing losses, Toncoin's price increase highlights its potential for growth and stability amidst volatility.
As the crypto market continues to evolve, BlockDAG and other innovative networks like Internet Computer and Toncoin are poised to make a significant impact. Their success underscores the potential for blockchain technology to revolutionise various industries and create new opportunities for investors.
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