BlockDAG is gradually gaining fame as a worthy rival within the field of cryptocurrencies. The speed is impressive, and the investment potential is highly visible.
Its hybrid consensus mechanism makes a novel twist, which wades through a blend of existing blockchains with DAG technology for parallel processing of transactions-the best of both worlds that go hand in hand with timely scalability and security.
Indeed, this presale event has been highly successful, raking in well over $198.5 million through more than 2,400% returns accrued to early investors.
It’s going to be listed on 10 major publicly traded exchanges; all these will provide BDAG with more accessibility and liquidity to propel its further value appreciation.
CEX’s future roles in listings are going to be a key factor. Layer 1 tokens demonstrate a historical tendency of increasing significantly in value after listing on larger exchanges. Accessibility increases and liquidity improves, retail participation skyrockets.
For BDAG, which has already gained traction among early adopters, these listings could propel it into mainstream investor portfolios virtually overnight.
While BlockDAG developments create prospects for other decision-making investments, it remains imperative to independently investigate and consider market volatility for such investment choices. For more general insight into BlockDAG’s community engagement, over 500,000 downloads of the X1 Miner App indicate healthy participation and trust in the network.
