BlockDAG (BDAG) has exceeded expectations in sales, raising $309.5 million.

Gate News bot news, Coindoo points out that BlockDAG is progressing rapidly, having steadily advanced towards launch within six weeks under clear strategic support. Currently, it has raised $309.5 million, just a step away from the $600 million presale target. This fundraising effort will support liquidity, mining nodes, security, developer resources, and application rise.

Currently, the price of the 29th batch of BlockDAG tokens is $0.0276, but the price will be frozen at $0.0018 until June 20. To date, 22.8 billion tokens and more than 18,000 mining rigs have been sold. The ROI of the first buyers has reached a staggering 2660%. With an issue price of $0.05, early backers have already reaped the rewards handsomely.

Developers are building applications, and BDAG wallets are being integrated into exchanges. At the beginning of the launch, buyers will receive 40% of the reserved tokens, which helps bring activity and liquidity early. This makes BlockDAG one of the hottest cryptocurrencies out there. It's making progress every week, and that's reflected in on-chain data, community development, and weekly milestones.