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Cryptocurrency News Articles

BlockDAG Raises Over $214M in Presale Funding, 600% Bonus for New Users with BDAG1200 Code

Apr 14, 2025 at 02:36 am

The crypto market is once again showing signs of renewed energy as top altcoins like Avalanche and Litecoin attract attention.

BlockDAG Raises Over $214M in Presale Funding, 600% Bonus for New Users with BDAG1200 Code

In the dynamic realm of cryptocurrencies, where trends ebb and flow, one project has managed to carve its own path, generating significant buzz and smashing through presale milestones. As top altcoins like Avalanche (AVAX) show signs of recovery and Litecoin (LTC) continues technical consolidation, BlockDAG—a Layer 1 project—has crossed $214 million in presale funding.

This staggering figure is a testament to the project’s hybrid DAG-PoW architecture, viral adoption tools, and a powerful new 600% bonus offer for newcomers via the BDAG1200 code. As BlockDAG is quickly proving to be more than just a presale—it’s positioning itself as one of the top decentralized cryptos for 2025.

Avalanche (AVAX) Price Surges 9% as Technical Setup Prepares for Next Leg Up

Avalanche showed strong technical signs of recovery in recent sessions as the price of AVAX surged 9% in a short span of time. At last check, the asset was trading around $18.08 and showed signs of breaking through immediate resistance at $19.50 to target a potential move toward $27.56.

If bullish pressure holds, then analysts believe that Avalanche could soon test upper resistance around $33 and beyond, which would be a significant move from current levels.

The positive price movement was also amplified after former President Trump’s comments on tariffs, which have injected fresh volatility and opportunity into altcoin markets.

Technical indicators around AVAX bode well for a near-term breakout. The asset recently completed a falling wedge reversal pattern and is currently trading above its 20-day moving average. This type of setup often indicates upward continuation.

If AVAX manages to clear its next resistance level, then traders could see strong returns from mid-term positions. However, a large part of the interest will depend on whether this Layer 1 platform can sustain demand amid growing competition from newer, faster networks.

Litecoin Price Back Above $73 As Technical Breakout Could Set Up 40% Gain

Litecoin, one of crypto’s oldest and most battle-tested assets, is showing renewed strength. The price of LTC has climbed above $73, showing a 4% intraday move amid broader market optimism.

More importantly, Litecoin has been consolidating inside a descending channel, and recent bullish patterns suggest that a breakout could set up a move toward the $100 level.

Technical indicators such as the RSI and MACD are turning positive, which could signal the start of a medium-term rally. The market is also paying attention to Litecoin’s fundamentals. Due to its low transaction fees and fast settlement times, payment processors and platforms continue to adopt it.

There is a growing belief that if the current bullish cycle continues, then Litecoin could retest the $130 range last seen in late 2024.

However, the narrative is increasingly shifting toward projects that offer higher scalability and long-term architecture benefits—areas where BlockDAG is now commanding attention.

Rising Through The Ranks: BlockDAG Crosses $214M In Presale With No VCs As Hybrid DAG-PoW Project Attracts 750,000 X1 Miner App Users

While AVAX and LTC move with the tides of market sentiment, BlockDAG has been shaping its own momentum entirely. The project’s presale has now crossed $214 million in less than 10 months, and it bears repeating that there is no venture capital funding in this presale. At this rate, BlockDAG’s presale could become one of the most successful in recent times.

This level of organic growth is nearly unheard of in today’s environment, and it signals overwhelming belief in BlockDAG’s hybrid architecture, scalability goals, and community-first approach.

BlockDAG merges Proof-of-Work security with the parallel processing capabilities of DAG technology—eliminating the bottlenecks of traditional blockchains and aiming for over 15,000 transactions per second after launch. Its initial TPS benchmark at mainnet is set at 2,000 TPS, already placing it ahead of many competitors.

In the words of CTO Jeremy Harkness during Keynote 3, “This isn’t your traditional blockchain—we’re literally rewriting the rules.”

The project’s user acquisition strategy has also been nothing short of viral. The X1 Miner App has now attracted more than 750,000 users globally, while the Tap-to-Earn game has pulled in over 400,000 users, with 100,000 daily actives on Telegram.

These gamified, mobile-first entry points make BlockDAG one of the most viral crypto projects of the year. And now, with the newly launched BDAG1200 “Golden Ticket,” new users can unlock a

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