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Cryptocurrency News Articles
BlockDAG Presale Skyrockets, Surpassing $10M in Just 3 Days, as BNB CEO Discusses CZ’s Future and Immutable (IMX) Upgrades Its Web3 Gaming Strategy
Oct 13, 2024 at 01:47 am
BNB CEO Richard Teng recently spoke about Binance founder CZ's release from prison, sparking new interest in the future of BNB.
BNB CEO Richard Teng recently discussed Binance founder Changpeng ‘CZ’ Zhao’s release from prison, sparking interest in BNB’s future. Meanwhile, Immutable (IMX) made headlines with its new partnership with GRAMPUS, aiming to amplify its role in Web3 gaming.
However, the standout development is BlockDAG, an advanced layer 1 network that has captured everyone’s attention. Its testnet has been met with widespread acclaim, leading many to speculate that it could pose a serious challenge to Solana. This recognition has propelled BlockDAG’s presale to new heights, generating over $10 million in just three days.
With a total of nearly $94 million raised thus far, BlockDAG is rapidly emerging as the top crypto to buy now, setting new presale records.
BNB CEO on CZ Future, Market Trends
BNB CEO Richard Teng recently spoke about the release of Binance founder Changpeng “CZ” Zhao, highlighting that CZ will be the sole decider of his future at the company. Teng also mentioned that Binance has learned valuable lessons from past mistakes, which has contributed to the increasing trust. Over the past week, BNB has seen a 10% gain in value, which can be attributed in part to the recent interest rate cut by the US Federal Reserve.
Despite a slight 1.3% decrease over the past day, BNB is closing in on the crucial $600 level, which has been closely monitored as a key point. This threshold marks the strong performance of the coin and the positive sentiment in the market. As these developments unfold, BNB continues to be a dominant force in the crypto space, maintaining its status as one of the most influential tokens available.
Immutable (IMX) Enhances Web3 Gaming Strategy
Immutable (IMX) has made a significant push into the Web3 gaming sector by partnering with GRAMPUS CWC. This collaboration will bring two popular games, Norma in Metaland and My Merge Chef, to the Immutable zkEVM platform. The first game, a Web3 version of Cooking Adventure, already boasts over 33 million players worldwide, setting the stage for Immutable’s continued growth in the gaming industry.
Powered by Polygon, Immutable zkEVM ensures seamless experiences for both gamers and developers. With over 400 games being developed on this platform, the partnership with GRAMPUS further highlights Immutable’s dedication to revolutionizing digital game ownership. Robbie Ferguson, co-founder of Immutable, emphasized the importance of gamers owning their in-game items, enabling them to trade and sell these assets across different games.
BlockDAG presale to hit $100 million soon
While BNB and Immutable are familiar names, BlockDAG is quickly becoming a major topic of discussion in the crypto world. With its testnet now live and a brand refresh on the horizon, this project is moving swiftly toward success.
Launched in September 2024, the BlockDAG Testnet has been praised for its speed and security, leading some to believe it could rival big names like Kaspa and Solana. The testnet allows users to view BlockDAG’s blockchain explorer, generate BDAG coins, link MetaMask wallets, and even test out smart contracts.
This hands-on involvement has been crucial in garnering the trust and excitement of developers and early adopters. The focus on being able to scale and secure the system has resulted in impressive early sales figures, with nearly $94 million raised and early supporters seeing profits of 1,960%.
Moreover, large spenders invested over $10 million just 72 hours after the testnet went live, reinforcing predictions that BlockDAG could reach a value of $30 after its full launch. If it maintains this momentum, it is expected to cross $600 million in initial sales, potentially making it one of the most successful cryptocurrency pre-sales ever.
As more people interested in crypto get involved, they increase interest and overall demand, thereby increasing the value of BDAG coins. Currently, in Bundle 24, BDAG coins are priced at $0.0206, which is a staggering 1,960% increase for those who first entered Bundle 1, where the price was just $0.001 $.
For those seeking a promising opportunity, BlockDAG presents an interesting option. Its cutting-edge technology, strong community support, and successful first sales make it a serious contender in the blockchain world. As the network nears its full launch, the future of BlockDAG appears very promising.
The Bottom Line
While the BNB CEO’s comments on CZ and the new Immutable (IMX) partnership drew attention, BlockDAG truly stole the show. Its highly effective testnet led to a groundbreaking pre-sale. In just 72 hours, large investors invested over $10 million in BlockDAG, making it the fastest growing presale to date.
Having raised nearly $94 million so far, BlockDAG is quickly establishing
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