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Cryptocurrency News Articles

BlockDAG Raises $5M Overnight: BULLRUN100 Ends In 6 Days

Nov 24, 2024 at 12:00 am

Presale mania is off the charts this bull phase and two projects are generating the greatest hype: BlockDAG (BDAG) and Pepe Unchained (PEPU).

BlockDAG Raises $5M Overnight: BULLRUN100 Ends In 6 Days

BlockDAG has seen a rapid $5 million increase in just 24 hours, with total presale revenue crossing $142.5 million. Meanwhile, Pepe Unchained (PEPU) has brought in a total of $40 million, with 20 days left before its launch. Both projects have seen impressive fundraising milestones, but their contrasting visions make this an intriguing comparison.

Pepe Unchained has surged past $40.7 million in its ICO, fueled by heavy whale interest and its innovative Layer-2 ecosystem. Designed to address Ethereum’s congestion issues, the platform allows faster transactions and low trading fees, appealing to retail investors. The inclusion of Pepe’s Pump Pad, a two-click meme coin launchpad, sets it apart by enabling non-technical users to create meme coins effortlessly.

Large transactions have driven much of the project's success, with Etherscan data revealing whale purchases exceeding $300,000 in a single day. Prominent crypto influencers have fueled the hype, dubbing Pepe Unchained the next 100x meme coin and speculating about Tier-1 exchange listings, including Binance and Coinbase. Though PEPU’s presale success is undeniable, its hype-driven model raises questions about its long-term sustainability.

Despite its strong fundamentals, the project's focus remains tethered to a niche market, which could limit scalability. As the presale enters its final three weeks, the pressure to secure PEPU tokens is driving both attention and scrutiny to the coin.

BlockDAG stands out as a revolutionary blockchain project built on Directed Acyclic Graph (DAG) technology. By solving critical blockchain inefficiencies, the network offers unparalleled scalability, speed, and security, making it a cornerstone for next-generation decentralized applications.

The project's crypto presale has shattered expectations, raising over $142.5 million and selling 15.9 billion coins. The current price of the BDAG coin sits at $0.0234. Early backers have already seen an astonishing 2240% ROI, a testament to the project’s rapid growth and investor confidence.

Unlike Pepe Unchained's ICO, which focuses on meme coin trading, BlockDAG appeals to a broader audience, from developers to enterprises. Its low-code/no-code tools democratize blockchain development, allowing users to create meme-tokens, NFTs, and applications without requiring technical expertise. This versatility positions BlockDAG as a long-term player, offering a solution not tied to market trends but to fundamental infrastructure improvements.

BlockDAG's mainnet dev, currently undergoing a rigorous audit, is gearing up for launch, signaling its readiness for large-scale adoption. Compared to Pepe Unchained, which excels in a niche market, BlockDAG's vision and scalability give it a bigger edge.

News source:financefeeds.com

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