BlockDAG Surpasses $7.6M in Hardware Sales Amid Strong Presale Momentum

BlockDAG’s recent live demo of its X1 App and X10 hardware miner has triggered a significant surge in interest and sales, with over 18,860 units sold and $7.6 million in hardware revenue generated [1]. The demo, led by CEO Antony Turner and CMO Nicolaas Van Den Bergh, showcased real-time mining without animations or marketing hype, drawing in 2.5 million global users who are already mining BDAG coins using the X1 App before the mainnet launch [1]. This tangible performance has bolstered credibility, especially in a market where other projects are struggling [2].

Pi Network, which has long promised retail accessibility and mobile mining, remains stagnant at $0.44, recording a nearly 9% drop over the past week [1]. Despite recent reminders to users to complete KYC and enable two-factor authentication, the price has not shown any significant movement. Technical issues, including delayed wallet activations and migration problems, continue to plague the project and dampen user enthusiasm [1].

Meanwhile, NEAR Protocol has also faced a sharp decline, dropping 5% in a single day from $3.01 to $2.89 [2]. The decline occurred amid a spike in trading volume, exceeding 5 million, which is more than twice the average. This sell-off has intensified bearish sentiment and left traders watching Bitcoin’s next moves for potential directional cues [2].

BlockDAG’s success contrasts sharply with Pi and NEAR. The project has raised $355 million in its presale, with 24.46 billion coins sold. The current batch price is $0.0276, and early buyers from the first batch have already seen a 2,660% return compared to the latest batch price [1]. With a special presale offer available until August 11 at $0.0016 per token, investors could see a potential 3,025% return based on the expected listing price of $0.05 [1].

The live demo and strong presale performance highlight BlockDAG’s ability to deliver on its promises, combining user-friendly mining with scalable hardware solutions. As the project approaches its global launch, the momentum appears to be shifting in its favor, drawing attention from both retail and institutional investors [1].

[1] https://coinmarketcap.com/community/articles/688c4af7e4b0316ca0092a92/