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BlockDAG’s vesting period and $100 million liquidity surpass Toncoin and LINK

Published

8 months ago

26 May, 2024

DISCLAIMER: This article is a SPONSORED press release and does not constitute Finbold editorial content. Crypto assets/products carry significant risks. Only invest if you are prepared to lose your entire investment. For a full disclaimer, please .

BlockDAG captivated the market with its CoinMarketCap listing event, securing $32.8 million in its latest presale and becoming a crypto gem of 2024. Amid this surge, Toncoin’s announcement and rising Chainlink (LINK) prices ) also attracted particular attention. However, BlockDAG’s impressive pre-sale performance, $100 million strategic liquidity plan, and four-month structured vesting period suggest a strong trajectory ahead in the competitive crypto landscape.

Toncoin Market Response to Telegram’s Latest Initiative

Following Toncoin’s announcement regarding Telegram’s introduction of a new digital currency, Stars, the cryptocurrency market reacted positively. This announcement from Toncoin has sparked the interest of investors who are carefully observing its integration and potential impact on the market.

In response to Toncoin’s announcement, developers received key updates on onboarding processes and potential changes in App Store policies affecting payment methods.

Market enthusiasm following Toncoin’s announcement highlights its potential for growth and integration, particularly with developments like its oversight on major exchanges such as Binance.

Chainlink (LINK) Price Rise Driven by Ethereum ETF Approval

Following the approval of an Ethereum spot ETF, Chainlink (LINK) price saw a significant rise, marking a four-week high and signaling a potential market awakening.

Chainlink’s positive value development is attributed to its critical role as an oracle provider within the cryptocurrency ecosystem, particularly with respect to Ethereum and DeFi-based applications.

As Chainlink continues to expand its influence and user base, it remains a vital part of the broader adoption of blockchain technology for the tokenization of real-world assets.

BlockDAG vesting period and $100 million in liquidity to attract investors

BlockDAG recently celebrated its listing on CoinMarketCap with a spectacular event at Piccadilly Circus, sparking a remarkable influx of investor interest. This enthusiasm contributed to the success of the pre-sale, raising $32.8 million and distributing more than 9.8 billion coins. The price per coin increased from $0.009 in batch 15 to an expected $0.0095 in the next batch, highlighting its growing appeal as a crypto gem of 2024.

In addition to this increase, BlockDAG is rolling out a $100 million strategic liquidity plan to strengthen long-term market stability and attract sustainable investments. This plan calls for a four-month acquisition schedule for pre-sale parts, starting with an initial 40% release followed by three 20% increases. BlockDAG has implemented substantial liquidity support from major market makers to further stabilize the market and align with investor interests.

Additionally, a rigorous 3-year lock-up period for team allocation reinforces BlockDAG’s commitment to fairness and integrity in its operations. This comprehensive approach positions BlockDAG as a promising investment and a reliable and fair choice in the competitive crypto market.

The last resolution

BlockDAG is the leading choice in the evolving cryptocurrency market, providing an attractive investment opportunity. While Toncoin’s announcement and Chainlink (LINK) price indicate positive market movements, BlockDAG’s overall approach, with its strong presale achievements, $100 million liquidity backing and vesting schedule strategically, positions it as a crypto gem of 2024. This makes it a more stable and potentially lucrative option for investors, setting it apart from other competitors in the crypto space.