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Crypto Reporter

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Early BlockDAG Investors Cash in Big with $32.4M Presale, Eye $30 Surge Amid Retik Finance Struggles Post-Bitmart Listing

May 24, 2024 By Crypto Reporter

With Retik Finance getting launched, BlockDAG has recently made headlines by amassing over $32.4 million during its latest presale event. This event showcased its technological and financial prowess at a major keynote in Shibuya Crossing, significantly boosting investor confidence, contrasting sharply with Retik Finance’s less impactful Bitmart listing. Notably, BlockDAG currently points at its 30,000x ROI potential following the 800% rise in its value from Batch 1.

Why BlockDAG is Outperforming Retik Finance

BlockDAG’s financial success is impressive, with presale revenue climbing to $32.4 million in its 15th batch while selling at $0.009. This substantial financial backing has strengthened BlockDAG’s reputation in the market. The price of each batch has surged and risen to 800% from the first to the 15th batch, indicating a promising future for the platform. Investors are eyeing the potential of the 45 batch.

While Retik Finance has made its debut on Bitmart and other major exchanges, it has failed to captivate the same level of investor interest as BlockDAG. With predictions suggesting BlockDAG’s value could hit $20 by 2027, offering a possible 30,000x return on investment, early investors who put in $1,000 could potentially reap $20,000 by 2027. This prospect makes BlockDAG a more attractive investment than Retik Finance.

Concerns Over Retik Finance’s Stability

Retik Finance, having launched on Uniswap and other exchanges, aims to merge traditional finance with decentralized finance (DeFi) through its innovative offerings, including AI-driven lending, non-custodial wallets, and DeFi debit cards. Despite these initiatives and a successful presale that saw its price reach $0.12, the Bitmart listing alone has not sparked a significant surge in investor enthusiasm.

The cautious reception to Retik Finance’s listings suggests that investor confidence might be wavering, as more investors turn their focus towards the more stable and progressive BlockDAG platform.

BlockDAG’s Technological Edge Demonstrated at Shibuya Crossing

During its Shibuya Crossing keynote, BlockDAG not only highlighted its financial successes but also demonstrated its technological advancements, which include the use of a Directed Acyclic Graph (DAG) structure and Proof-of-Work (PoW) consensus. This allows for greater scalability and decentralization, affirming its position as a leading layer-1 blockchain.

The event also spotlighted BlockDAG’s mining technology, including the X1 mobile app and powerful miners like the X10, X30, and X100. These devices offer significant advantages in mining efficiency and accessibility, suitable for both novice and seasoned miners. The X30 miner, for example, boasts a robust hash rate of 280 GH/s with a minimal power consumption of 220 watts, capable of mining up to 600 BDAG daily.

BlockDAG’s Superior Investment Appeal

BlockDAG continues to attract investors with its solid financial growth of $32.4 million and advanced technological solutions. Currently selling at the price of $0.009, its performance and the promising outlook for future gains have solidified its appeal, drawing attention away from Retik Finance. With forecasts suggesting a $20 price by 2027 and an 800% hike already taking place from Batch 1 to Batch 15, BlockDAG presents itself as a superior investment choice for those seeking significant profits.

Invest in the BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News Tagged With: BlockDAG

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