Layer-1 blockchain BlockDAG has raised more than $65 million, creating a lot of excitement around what could be one of the most significant competitors to Ethereum since Solana launched.
The new chain’s hybrid Directed Acyclic Graph (DAG) and Proof-of-Work (PoW) consensus mechanism is capable of processing more than 10,000 transactions per second, putting it ahead of many Ethereum Layer-2 scaling solutions.
So, will BlockDAG be the next crypto to explode? We’ll take a closer look in our BlockDAG price prediction and highlight another presale project that’s also quickly gaining momentum.
BlockDAG Set to Rocket to $0.750 After Launch?
BlockDAG’s presale has been one of the most explosive ICOs of the year, raising more than $65 million in just a few weeks. Over the course of the presale, the $BDAG token’s price has shot up from $0.0001 to $0.017, generating an unrealized gain of 170x for early investors.
That rate of growth shows just how much potential there is in $BDAG.
🚀#BlockDAG Weekly Recap:
— BlockDAG Network (@blockdagnetwork) August 9, 2024
– We stayed strong as the market dipped, showing why BlockDAG is the smart choice.
– Our global community just hit 100K members!
– X1 Miner App Major updates rolled out—20M BDAG mined!
– Our presale hit $65M as we gear up!https://t.co/glgxyvyY9W
The presale is split into 45 stages and is currently in Stage 21. By the end of the presale, $BDAG is expected to sell at a price of $0.050, a nearly 3x gain from the token’s current price.
BlockDag’s enormous raise and high profile means that when it lists, it could begin trading on all the major centralized exchanges simultaneously—including Coinbase and Binance. That could spur enormous demand for $BDAG from investors who trade on these exchanges, but don’t have access to presales for regulatory or technological reasons.
In the immediate aftermath of the $BDAG token launch, we predict the token’s price could skyrocket to $0.750—a potential gain of 15x from the final-stage presale price and a gain of nearly 45x from the current price.
What happens to BlockDAG’s price after that will depend on whether the blockchain really can steal users and developers away from Ethereum Layer-2 solutions like Arbitrum and Optimism.
We predict BlockDAG will find moderate success as an alternative blockchain for DeFi and trading, but that it won’t spell the end for Ethereum. Ethereum simply has too much momentum and is home to the bulk of dApps that people in crypto want to use. While BlockDAG may attract developers, it will take several years for it to grow into a full-fledged ecosystem.
With that in mind, we predict that BlockDAG’s price could fall to $0.55 by the end of the year, after the initial hype around its exchange launch fades. In 2025, we forecast the price of $BDAG to grow to $0.95.
Pepe Unchained Presale Offers Layer-2 Meme Coin with Big Potential
BlockDAG isn’t the only new blockchain launching this summer. Pepe Unchained is the first Ethereum Layer-2 scaling solution built specifically for meme coin trading, and it has the potential to deliver to-the-moon gains that surpass even $BDAG’s returns.
Pepe Unchained is built around the Pepe meme, which is enormously popular and has proven staying power. $PEPE, the original Pepe meme coin, is the 3rd-largest meme coin with a $3.45 billion market cap and is up 15% in the past week of trading.
Pepe Unchained takes the Pepe meme and creates a blockchain around it. The project is powered by the $PEPU token, which will be used to pay for transactions on the Pepe Unchained Layer-2. $PEPU is seamlessly swappable for $ETH, making Pepe Unchained very attractive to existing Ethereum users.
The strong appeal of Pepe Unchained lies in its potential for meme coin development and trading. The project has positioned itself as the next hub for creating and trading new meme coins, which in turn would send demand for $PEPU tokens skyrocketing.
Prominent crypto analysts like Crypto Boy have already pointed to Pepe Unchained as the next 100x meme coin. Crypto Wire called it “the next breakout meme coin” and Oscar Ramos called it one of the best presales to buy today.
The Pepe Unchained presale has raised more than $8 million, making it one of the biggest meme coin ICOs of the year. Right now, early investors can buy $PEPU at a discounted price of $0.0090178 and fill their bags with 234% APY staking rewards.
Don’t miss this chance to get in on the hottest new Ethereum Layer-2 before it hits exchanges.
