BlockDAG has successfully raised over $420 million in its presale, bolstered by a sponsorship deal with the BWT Alpine Formula 1® Team. The presale, priced at $0.0015 per coin, has seen nearly 27 billion coins sold, attracting 312,000 holders and 20,000 hardware miners. This strategic move has positioned BlockDAG as a prominent player in the cryptocurrency market.
Meanwhile, SEI is struggling to maintain its price above $0.30, facing significant resistance, while TAO has slipped below $305, currently struggling to hold above $290. Despite these challenges, analysts remain optimistic about BlockDAG's potential, projecting its price could rise to $0.05 on exchanges, with long-term targets between $5 and $10.
BlockDAG Raises $420M with F1 Sponsorship, SEI and TAO Prices Dip
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