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BlockDAG May Become the Most Aggressive Player in the Crypto Market, Yolo Invests in the Open Network (TON)

Jordan Avery by Jordan Avery
March 29, 2024
in Press Releases
Reading Time: 4 mins read
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BlockDAG may emerge as a leading player in the crypto market as it has distinguished itself among competitors in the presale market, promising early access and remarkable returns in the decentralized crypto market, while Yolo invests $8 million in the Open Network (TON) ecosystem in a massive investment agreement. 

BlockDAG Aggressive Presale Raises Over $10.4 Million

For investors seeking massive investment opportunities, BlockDAG’s presale triumph and the potential to earn 5000x ROI top the list among platforms in the market. This distinctive environment surrounding these coins, accentuated by its unparalleled keynote video, presents a compelling choice for budding investors. BlockDAG introduces an innovative Layer 1 blockchain technology approach, emphasizing speed, security, and decentralization. With its unique DAG structure, BlockDAG promises scalability and efficiency, enabling concurrent processing of multiple blocks and eliminating block wastage.

BlockDAG Presale Structure

BlockDAG’s presale, currently in its fifth batch out of 45, offers equitable participation and the potential for significant returns of a predicted 5000x. Unlike traditional presales, BlockDAG’s structured approach minimizes risks associated with market volatility, providing a safer investment option. Additionally, the community-building aspect of the presale, further elucidated in its keynote video, offers investors learning opportunities and the chance to contribute to the foundational development of a new digital financial ecosystem.

High ROI Promises

cryptocurrency, BlockDAG, BDAG, presale, investment, blockchain

With its presale already making waves by swiftly selling out initial batches and raising over $10.4 million, BlockDAG’s rapid success foreshadows a promising future. The project has distributed over 5.5 billion coins and sold over 4100 miners, demonstrating its potential for high returns. Early investors have reaped significant profits, with the price of BDAG coins escalating by 50% with each new batch. This momentum suggests that BlockDAG could fulfill its promise of emerging as a top decentralized crypto, with early backers poised to benefit from its projected very high ROI growth.

Yolo Strategic Investments in The Open Network (TON) Ecosystem

Venture capital firm Yolo Investments announced strategic investments in the TON ecosystem. Several startups built on The Open Network (TON) received $8 million in strategic investments from Yolo Investments, which manages over $647 million. 

yolo investments-Venture capital

This investment was made in the TON ecosystem and its native token, Toncoin, as per the company’s official press release. On the other hand, according to the report, Yolo has invested in several TON startups, including Tonstarter, Fanton, and PlayDeck (formerly Ton Play). As part of the cooperation, the venture company will support the development of the Learn Crypto educational platform, featuring new content dedicated to The Open Network ecosystem.

TON Foundation Development Director Justin Hen noted that Yolo’s strategy is consistent with the network’s values. Both projects aim to promote wider adoption of cryptocurrencies. TON does this using a crypto wallet inside the Telegram messenger, and Yolo does this using educational materials on Learn Crypto. “We have long supported TON’s mission to create a truly decentralized, open-source future,” said Tim Heath, CEO of Yolo.

What’s up with Toncoin?

The Toncoin rate immediately responded to the news of the investment with a modest increase of 3%. According to tradingview, at the time of writing, the asset is trading at $5.137, having fallen in price by a total of 0.2% over the past 24 hours.

toncoin-blockdag-
tradingview

The maximum level for these 24 hours was $5.15. However, over the past two weeks, TON has risen in price by a total of 32%, and in a month by 131%. The asset’s capitalization is currently more than $17 billion, and the daily trading volume exceeds $25.4 billion.

Toncoin $125M Airdrop, Durov’s Telegram Bond Sale

toncoin-ecosystem-investment-TON

The positive dynamics of Toncoin were largely facilitated by a large airdrop from the project team, which intends to distribute $125 million among active community members. The promotion will begin on April 1 and will last until the end of the month. In addition, in March, the founder and CEO of Telegram, Pavel Durov, announced that he had sold bonds of the messenger for $330 million. The crypto community suggests that such a strategic step could affect the long-term value of Toncoin.

Tags: (TON)Blockchain TechnologyBlockDAGOpen NetworkPresaleYolo Investments
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