BlockDAG Whale Snaps Up $2.5 Million in Coins as Dogecoin & Toncoin Struggle

This month, three cryptocurrency projects have captured the spotlight. First, Ethereum co-founder Vitalik Buterin revealed himself as a significant Dogecoin holder, adding an intriguing twist to the meme coin’s narrative. Meanwhile, Toncoin’s sharp 12% drop has raised questions about its recent rally.

In contrast, BlockDAG is experiencing a surge in popularity, boasting an impressive 1600% price increase in its presale. With a community of 100,000 participants across 30 countries, the demand for BDAG coins is at an all-time high. A recent $2.5 million whale purchase clearly shows the growing interest.

ETH Co-Founder Identified as Dogecoin Whale

Vitalik Buterin, co-founder of Ethereum, surprised the crypto community at the EDCON event in Tokyo by revealing that he is a major Dogecoin (DOGE) holder. Clad in a kimono and horse-head mask, Buterin playfully declared his support for the meme coin, sparking renewed interest in Dogecoin’s future.

Buterin openly admits that his investment is driven more by sentiment than strategy, yet Dogecoin holds a special place in his portfolio. His contributions to the Dogecoin Foundation and hints about a potential shift to Proof-of-Stake have fueled speculation about a possible collaboration between Ethereum and Dogecoin.

Toncoin’s Rally Pauses After 12% Decline

Toncoin has enjoyed a strong run this year, but recent developments suggest that momentum may be slowing. A 12% dip this month has pulled the price down to $6.82, raising concerns among participants. Toncoin’s success has been closely tied to its adoption in the GameFi sector, where games like Hamster Kombat have utilized its blockchain.

However, according to Google Bard, new game integrations are slowing, and the GameFi market is becoming increasingly crowded. While Toncoin still shows promise, the saturation of the GameFi space suggests that a period of consolidation could be looming, potentially extending beyond August.

BlockDAG’s 1600% Price Jump Attracts Major Participants

BlockDAG is capturing significant attention in the crypto world, and it’s easy to see why. Since its presale began, BlockDAG has experienced an extraordinary rise in value. The initial price of $0.001 per coin has now soared by an astonishing 1600% over 21 batches.

For early participants, the returns have been remarkable. A $10,000 investment in the first presale batch has now ballooned to an impressive $170,000. With BDAG currently priced at $0.017 per coin, and projections suggesting a rise to $1 per coin, the potential return on investment for batch 21 participants could reach nearly 5,800%.

The enthusiasm around BlockDAG is palpable, with both experienced participants and newcomers rushing to secure BDAG coins. The dashboard shows that Batch 21 is nearly sold out, highlighted by a recent $2.5 million whale purchase, bringing total presale earnings to over $66 million.

BlockDAG’s appeal isn’t just limited to its impressive ROI. The project has cultivated a global community of over 100,000 holders from 30 countries, drawn to its innovative approach to solving the blockchain trilemma—balancing speed, security, and decentralization.

On the mining front, BlockDAG is setting new standards. Its X1 Miner app and hardware mining rigs are quickly gaining popularity. The X1 app enables users to mine up to 20 different cryptocurrencies daily, while its hardware rigs offer superior hash rates that outperform traditional Bitcoin miners. BlockDAG has sold over 10,700 miners to date, generating approximately $4.3 million in revenue from miner sales.

Final Thoughts

Dogecoin’s unpredictable journey underscores the influence of community and celebrity endorsements, while Toncoin’s recent decline highlights the challenges of navigating a saturated market like GameFi. But in the end, the focus is on returns, and BlockDAG is delivering like few others.

Early participants in BlockDAG’s first batch are now enjoying a 1600% ROI, backed by a robust community of 100,000 supporters. With projections pointing to BDAG potentially reaching $1 per coin soon, investor excitement is growing. 

Invest in the BlockDAG Presale Now:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu