How to Buy BlockDAG (BDAG) & BlockDAG Price Prediction

BlockDAG is a new Layer-1 blockchain that promises to solve many of the speed and pricing issues with existing blockchains using directed acyclic graph (DAG) technology. The project has raised more than $170 million in its $BDAG token presale, indicating there’s a fair amount of enthusiasm from investors around BlockDAG.

In this guide, we’ll explain how to buy BlockDAG tokens during the project’s presale and take a closer look at whether $BDAG is a good investment today.

What is BlockDag?

BlockDAG is a new crypto project that’s building a Layer-1 smart contract blockchain to compete with leading networks like Ethereum and Solana. BlockDAG’s new Layer-1 chain stands out for its use of DAG technology to break transactions into “shards” for processing, which can ultimately make the chain faster and more scalable than existing networks.

A major difference between BlockDAG and chains like Ethereum and Solana is that it plans to use a proof-of-work (PoW) transaction validation mechanism, more similar to how the Bitcoin blockchain works. Anyone can mine $BDAG and validate transactions. The project has already released mining hardware and recently launched $BDAG mining Beta apps for iOS and Android.

BlockDAG offers low code tools for developers to build on the network, which increases the attractiveness of building decentralized apps (dApps) on BlockDAG. All transactions in the BlockDAG ecosystem will be paid for in $BDAG tokens, which ensures a steady demand for the coin as network use increases.

How to Buy BlockDAG

Here’s how to invest in BlockDAG tokens during the $BDAG presale in just a few easy steps.

1. Set Up a Crypto Wallet

In order to buy $BDAG tokens during the presale, you’ll need a crypto wallet that’s compatible with the BlockDAG presale site. Any wallets compatible with Ethereum ERC-20 tokens will work.

We recommend Best Wallet because it’s free, secure, and supports tokens from more than 60 blockchains. Best Wallet also has a fiat-to-crypto onramp, which makes the next step of buying BlockDAG simple.

Best Wallet is available from Google Play or the Apple App Store. Install it on your device, then open the app and tap ‘Get Started.’ Enter your email and phone number, then verify both. Finally, enter a passcode and turn on biometric authentication to fully secure your wallet.

2. Buy ETH, USDT, or BNB

The BlockDAG presale accepts payment in ETH, USDT, or BNB. You’ll need to have one of these tokens in your wallet before connecting to the presale site.

If you’re using Best Wallet, you can easily buy these tokens using the built-in fiat-to-crypto onramp. Just tap ‘Buy’ on the home page, then select a payment method. Best Wallet accepts credit cards, debit cards, Google Pay, Apple Pay, Neteller, and Skrill.

Complete your purchase and your tokens will be added to your wallet instantly.

If you’re using a different wallet, you must buy ETH, USDT, or BNB through a centralized crypto exchange like Coinbase or Binance. Set up an exchange account and then conduct an instant purchase using a credit or debit card. Then go to the withdrawals page and withdraw your tokens to your crypto wallet address.

3. Connect to the BlockDAG Presale

Visit the official BlockDAG presale site and click ‘Buy Now,’ then ‘Connect Wallet.’ Select your wallet from the menu that appears and follow the prompts to complete the connection.

4. Buy $BDAG

Enter how much ETH, USDT, or BNB you want to convert to $BDAG. The presale site will automatically calculate the corresponding amount of $BDAG tokens after accounting for network fees. Once your purchase is set up, click ‘Buy $BDAG’ to finish.

$BDAG tokens purchased during the presale aren’t available to add to your wallet right away. Instead, you must wait until the end of the presale and then claim your tokens by reconnecting your wallet to the site. You can follow BlockDAG on social media to get the latest updates about token claiming.

Is BlockDAG a Good Investment?

Despite some risks and red flags, BlockDAG has proven popular among investors, with more than $170 million raised so far in its presale. Let’s take a look at some of the key advantages this project claims to bring to the industry and drawbacks of this project that potential investors should know about. While BlockDAG may reward early investors, we feel there are better presale opportunities.

DAG Technology Offers Enhanced Scalability

BlockDAG’s defining feature is the use of DAG technology in its Layer-1 blockchain, which will break transactions into shards for faster processing. This could be important not only because it enables BlockDAG to compete more effectively with Ethereum and Solana and price, but also because it promises to make BlockDAG more scalable in the long-run. BlockDAG is not the first project to feature DAG technology, other established projects such as Hedera Hashgraph, IOTA, Nano, Fantom and others are already operating in this capacity.

Directed Acyclic Graph (DAG) technology could be revolutionary in the mainstream adoption of blockchain technology. Networks like Ethereum and Solana have been hampered by congestion, which makes them more difficult and expensive to use.

That said, the idea of sharding a blockchain also isn’t new. Solana uses a form of sharding, as does NEAR Protocol. With the exception of Solana, none of these projects have come close to challenging Ethereum’s dominance—so it’s unclear whether BlockDAG’s future will be different.

Strong Project Team and Major Partnerships

BlockDAG also stands out among new crypto projects for the strength of its project team. The team is headed by former Spirit Blockchain COO Antony Turner and includes a number of experienced blockchain developers and senior advisors. It’s a star-studded lineup driving this project forward.

BlockDAG has also cultivated strategic partnerships that could help the project achieve major listings and rapid growth after it launches. Media partners, for example, include Bloomberg and CoinDesk, two of the biggest publications in the crypto industry. BlockDAG was also named the Official Blockchain Partner of Inter Milan and has taken on UFC fighter Alex Pereira as a celebrity sponsor.

Celebrity sponsorships aren’t a guarantee of success, but they do indicate that the project team is good at networking. These partnerships can help publicize BlockDAG after launch among users, miners, and developers.

Tokenomics Favor BlockDAG Community

Another positive attribute of BlockDAG is that the project has set aside the lion’s share of $BDAG tokens for its community. 33.3% of $BDAG tokens are reserved for the presale, with another 50% for mining and 12.7% for the community.

The founding team has only set aside 1% of tokens for itself, which is standard practice among major blockchain projects. No tokens are reserved for outside investors or VC firms.

That said, one thing to note is that only 3% of the token supply is reserved for exchange liquidity. That’s a relatively small share that could hurt BlockDAG’s ability to achieve early listings on the biggest altcoin exchanges.

Stiff Competition from Ethereum Layer-2 Networks

One potential worry for BlockDAG investors is whether this new Layer-1 blockchain can overcome the popularity of Ethereum Layer-2 networks. Ethereum Layer-2s now have more than $46 billion in total value locked, and analysts expect them to continue growing at a rapid pace. There are even some analysts who believe that Layer-2 networks could become more valuable than the Ethereum mainnet.

This presents a major challenge for BlockDAG. The new network must not only beat out Ethereum for speed, price, and scalability, but also Ethereum Layer-2 networks. That’s a tall order when Layer-2s are getting better—and more numerous—year after year. Many developers are likely to stick with the Ethereum Layer-2 ecosystem, which has far more users than BlockDAG will initially, than to jump ship and move to building on BlockDAG.

The same goes for blockchain users. BlockDAG may be cheaper to transact on than Ethereum. But if it’s not significantly cheaper than Arbitrum, Optimism, or other Layer-2s, BlockDAG could struggle to attract users.

Proof-of-Work Mining Has Lost Popularity

It’s also interesting that the BlockDAG project team chose to implement a proof-of-work (PoW) validation mechanism as opposed to a proof-of-stake (PoS) mechanism. PoW is used by Bitcoin, but most smart contract blockchains now use PoS because of its reduced energy costs and support for staking rewards. Ethereum, which began as a PoW network, transitioned to a PoS system in 2022.

BlockDAG’s PoW system offers opportunities for early investors who take up mining, but it also limits the long-term potential of this network. Bitcoin has faced regulatory challenges because of the energy consumption of mining, and the same regulations could ultimately impact BlockDAG. In addition, Bitcoin’s mining has become so competitive that individuals are largely priced out. If the same happens to BlockDAG, it could turn many potential users away from the network.

BlockDAG Price Prediction

To help investors decide whether the BlockDAG presale is a good investment right now, let’s take a look at what the $BDAG token could be worth in the years ahead.

BlockDAG Price Prediction 2025

BlockDAG is expected to finish up its presale and launch a beta version of its Layer-1 blockchain in early 2025. The token is currently priced at $0.0234, already up more than 2,200% since the beginning of the presale. So, while the presale likely still has a number of stages remaining, we don’t think there’s a huge amount of growth left before the final price. We anticipate $BDAG will list around $0.0275.

The project will launch in the midst of a crypto bull run, so it could see quick uptake by investors and traders searching for the next 100x crypto. Exchanges could also be ready to list $BDAG in order to capitalize on high trading volume throughout the bull market.

We think further development announcements in 2025 will be muted, with the main rollout of the BlockDAG network and integrations with the Ethereum Virtual Machine pushed out to 2026. So, the main propellant for the token will be anticipation of what’s to come. With this in mind, we predict a year-end price around $0.0340, a 45% gain from the current presale price.

BlockDAG Price Prediction 2026

2026 could be a turning point for BlockDAG. We predict that the project will launch the full version of its Layer-1 blockchain along with dApps from early developers. We also predict that mining will begin to follow the pattern that developed around Bitcoin, with companies increasingly outcompeting individuals for mining power and influence over the blockchain.

We forecast a tug-of-war in the $BDAG token price as excitement around new developments is dimmed by the concerning mining trends and potential issues with BlockDAG’s DAG-based scalability. Continued price gains in the broader crypto market will provide a tailwind for $BDAG, helping the token’s price to rise above 2025 levels.

However, we anticipate that $BDAG will end the year around $0.0410. This is a gain of just 20% from our end-of-2025 prediction, suggesting that BlockDAG’s growth will significantly trail the broader crypto market.

BlockDAG Price Prediction 2030

We think that BlockDAG will suffer the same fate as other runner-up Layer-1 blockchains like Hedera Hashgraph, Stellar, VeChain, and Render. That is, it will maintain a core group of users that will help to keep the token’s price up, but fail to attract a growing cohort of developers to build something that can truly challenge Ethereum or Solana.

By 2030, our BlockDAG price forecast indicates that the $BDAG token will reach a price of $0.585. This price increase will be driven largely by growth in the crypto market as a whole and not by specific gains in BlockDAG. In fact, we predict that BlockDAG’s price gains will significantly underperform other Layer-1 tokens.

Is BlockDAG a Buy?

Based on our analysis, we don’t think BlockDAG is the best crypto to buy right now. While the project has raised a lot of money during the presale, it’s important to remember that early investors are sitting on huge unrealized gains. Investors who buy at this point have much less to look forward to as BlockDAG approaches launch in early 2025.

After launch, we think BlockDAG will have trouble competing with Ethereum and Solana. While BlockDAG promises scalability, so do Ethereum Layer-2 networks. While BlockDAG promises decentralization through mining, Bitcoin has shown that mining ultimately leads to the centralization of mining power in the hands of wealthy companies.

Ultimately, we predict that BlockDAG will deliver gains for investors, but that the $BDAG token will underperform other crypto presales and the broader crypto market. For investors in search of cryptos with long-term potential, we recommend looking elsewhere.

Alternative Presale Investments to BlockDAG

While we’re neutral to slightly bearish on BlockDAG, there are a number of other crypto presales going on right now that we think offer a lot more potential. Let’s take a closer look at our top 3 crypto presales to buy today.

Wall Street Pepe

Wall Street Pepe is a new meme coin that’s putting power in the hands of crypto traders. It offers $WEPE token holders access to exclusive trading signals, a trading chat room, and a chance to be a part of the WEPE Army.

Together, the community has the power to move the market for emerging tokens and generate significant profits by working together.

The Wall Street Pepe presale has raised more than $35 million in just 2 weeks. It’s blowing past fundraising records and looks likely to sell out far ahead of schedule. For potential investors, there’s no time to waste to buy $WEPE.

Visit Wall Street Pepe Presale

Solaxy

Solaxy is BlockDAG’s worst nightmare: a Layer-2 scaling solution for Solana. The project brings the same revolutionary technology that’s changed the game for Ethereum to the 2nd-largest smart contract blockchain.

Solaxy’s Layer-2 promises to solve Solana’s congestion issues while simultaneously reducing the cost of transactions. It could benefit massively from the meme coin supercycle, which is expected to generate a surge in Solana meme coin trading volumes.

In a promising sign of growth, the project’s presale has raised more than $4.6 million in its first 10 days. Early investors can earn 833% APY for staking their $SOLX tokens, creating an opportunity to maximize returns ahead of the project’s launch.

Visit Solaxy Presale

Best Wallet

Best Wallet is a leading Web3 wallet with its own token, $BEST, that offers massive perks for holders. Investors in $BEST receive transaction discounts in the Best Wallet DEX, exclusive early access to crypto presales on the Best Wallet launchpad, and enhanced staking rewards across dozens of tokens.

In addition, $BEST serves as a governance token for the Best Wallet ecosystem. So, token holders get to decide what features they want to see in the future and how more value can be returned to investors.

The Best Wallet token presale is off to a hot start, raising more than $5.4 million so far. Early investors can earn 415% APY staking rewards, boosting potential profits when the $BEST token starts trading.

Visit Best Wallet Presale

See Also: How to Buy Catzilla ($CATZILLA): Price Prediction & Better Picks!

FAQs

What is BlockDAG?

BlockDAG is a new Layer-1 blockchain that uses directed acyclic graph (DAG) technology to speed up transaction processing and improve the scalability of the network. The project is currently offering its native $BDAG token on presale and has raised more than $170 million.

How do I mine BlockDAG?

BlockDAG enables anyone to mine $BDAG tokens and secure the network. You can purchase dedicated BlockDAG mining equipment through the project’s website, or mine on your phone using BlockDAG’s mobile apps for iOS and Android.

How to buy $BDAG tokens?

You can buy $BDAG tokens through the BlockDAG presale site. Set up a crypto wallet like Best Wellet and purchase ETH, USDT, or BNB. Then connect to the BlockDAG presale site and purchase $BDAG. You can claim your purchased tokens at the end of the presale.

How much does BlockDAG cost?

During the current presale stage, BlockDAG’s $BDAG token is priced at $0.0234. The price is expected to increase in subsequent stages of the presale.

References

1. Solana developers rally to combat network congestion (The Block)
2. Solana (SOL): Scaling Crypto to the Masses (Gemini)
3. Total Value Locked (L2Beat)
4. Ethereum’s Layer 2 Solutions Could Outrun the Main Blockchain by 2030 (HackRead)
5. Ethereum Switches to Proof-of-stake After 7 Years of Work (BlockWorks)