BlockDAG Raises $320.5 Million, 2 Million Users Mining Ahead of Launch

BlockDAG, a cryptocurrency project, has garnered significant attention due to a recent open letter from its CEO, Antony Turner. Unlike many projects that make bold claims with little follow-through, BlockDAG's letter stood out for its structured breakdown of the project's rollout plan, emphasizing transparency and a step-by-step approach.

BlockDAG has already raised over $320.5 million, sold 23.2 billion coins, and attracted over 2 million users who are mining BDAG through the X1 app. The project is not just a concept but a thoroughly built initiative ahead of its launch. With a special offer of $0.0020 per coin still available until June 24 and a confirmed listing price of $0.05, many in the crypto community are eyeing BlockDAG as a top cryptocurrency to invest in, not due to loud marketing but because of its solid execution.

The CEO’s letter outlines a clear roadmap for the BlockDAG launch, avoiding unrealistic promises and vague timelines. The rollout will follow a structured sequence: Week 6 will see the presale wrap up, X1 and TAP points convert to BDAG, wallets migrate, and staking finalize. Week 4 will mark the mainnet going live, with ASIC miners beginning operations. Week 3 will involve community nodes and mining pools coming online to decentralize the network. Week 2 will feature the airdrop of 40% of the presale BDAG and the deployment of key DeFi tools. The listing week will see the launch on a major exchange, followed by additional listings.

This structured launch is designed to prevent the post-listing confusion common with other projects. BlockDAG is focused on building a stable network right out of the gate, rather than chasing short-term buzz. The project’s choice to avoid venture capital helps it stay community-driven, not answerable to outside boards. This message is resonating with close to 200,000 holders, more than 18,100 ASIC units sold, and steady activity on the no-code dApp builder, indicating strength before listing.

Unlike past cycles where projects rushed to launch with little behind them, BlockDAG seems built for long-term relevance. Its phased rollout sends a clear message: this isn’t about a quick pump, it’s about staying power. The $0.0020 offer, despite Batch 29 pricing BDAG at $0.0276, is seen as a calculated move to reward those paying attention before the public rollout begins. This approach is reminiscent of how Solana and Polygon quietly built before exploding in price, minus the private VC deals.

BlockDAG isn’t the first project to blend Bitcoin-style Proof-of-Work with DAG speed, but it might be the first doing so with a live testnet, working no-code tools, and real users before launch. The CEO’s tone is refreshingly focused on infrastructure, progress, and sticking to the timeline, avoiding overblown promises. Technically, the project brings real strength with Proof-of-Work security like Bitcoin, Ethereum compatibility, DAG throughput of up to 15,000 TPS, and 2M+ active mobile miners. A strong user community, referral rewards, and upcoming U.S.-based sponsorships further enhance BlockDAG’s ecosystem.

BlockDAG is not a meme coin, does not have VC backing, and isn’t selling a dream of instant riches. Instead, it is building fast and speaking clearly. With a presale now over $320.5 million, 20 confirmed listings, and activity across all fronts, from miners to developers to mobile users, BlockDAG is gaining momentum as the top crypto to buy now, especially before its six-week countdown goes live. In a market where timing and transparency are everything, this project’s approach could be one of the rare advantages buyers are looking for.