BlockDAG Tradable Supply Unclear Ahead of Exchange Launch
BlockDAG's presale is set to close today, October 5, with exchange trading slated to begin tomorrow, October 6. However, the exact amount of BDAG tokens that will be tradable remains unclear. The project's materials indicate a final presale price of $0.00000001, but the exact supply figure for launch day has not been confirmed.
Current market data from CoinMarketCap shows BDAG trading at approximately $0.00001463, up 3.83% over 24 hours. The total supply is reported as 104.91 billion BDAG, with a self-reported circulating supply of 92.51 billion BDAG. The discrepancy between total and circulating supply, roughly 12.4 billion BDAG, raises questions about how much of the presale allocation will be tradable.
BlockDAG's tokenomics page splits the maximum supply of 150 billion BDAG into four parts: 50 billion for existing holders, 50 billion for mining rewards, 25 billion for the presale, and 25 billion for the ecosystem. The presale allocation of 25 billion BDAG does not automatically become circulating supply. The project has not specified whether tokens will remain locked, partially unlock, or if the circulating supply will stay flat while exchange liquidity is added separately.
Holders should verify several details once trading opens, including whether listed exchanges like MEXC, LBank, BitMart, Coinstore, and XT confirm BDAG trading on their own channels. Additionally, monitoring the circulating supply figure at launch, changes in presale allocation dashboard balances, and trading volume relative to the current market cap of roughly $1.35 million will be crucial.