BlockDAG Launches Exciting $2M Giveaway, Polygon Unveils Community Grants Program, and Ethereum Investors Bolster Their Holdings by $574M

BlockDAG has launched an exciting $2 million giveaway, stirring significant interest across the crypto community. This comes as Ethereum investors have confidently poured $574 million into ETH, demonstrating strong belief in its value despite market volatility. Meanwhile, Polygon is in the headlines with its new Community Grants Program, starting with $23 million to support innovation.

BlockDAG is a cryptocurrency that has quickly gained popularity in 2024, thanks to its innovative technology, strategic marketing, and successful presale. Now, BlockDAG is offering something even more exciting—a $2 million giveaway.

But before we delve into the details of the giveaway, let’s take a look at some recent crypto news that highlights the market dynamics and key developments.

Ethereum investors are showing strong belief in ETH, despite its recent price volatility. According to Coinbase data, twelve new crypto wallets have collectively purchased a total of $574 million in ETH over the past seven days. This large-scale investment showcases optimism in Ethereum’s prospects.

One institutional-sized withdrawal of 156,733 ETH from Coinbase also indicates a significant accumulation by both institutional and retail investors. However, this market activity has diverse側面, with some traders celebrating the new buying pressure and others highlighting the technicality of the price action amid broader economic uncertainties.

In other crypto news, Polygon is advancing its ambitious Community Grants Program with an aim to distribute $1 billion in POL tokens over a decade to support development efforts. This initiative is split into two paths, one focusing on general enhancements within the Polygon ecosystem and another on increasing consumer adoption of crypto.

The first portion of this program, amounting to $23 million in MATIC, will see Polygon growing its decentralized ecosystem by attracting a diverse range of developers and projects to expand network capabilities and user engagement.

Now, let’s shift our attention back to BlockDAG and the highly anticipated giveaway. This promotion is designed to reward 50 active members of the BlockDAG community with substantial prizes. Here’s how you can participate:

Follow BlockDAG on Instagram, Telegram, Discord, and Twitter.

Submit your wallet address on the BlockDAG website for presale participation.

Complete various quests, such as following BlockDAG on multiple social media platforms, making posts about the presale, engaging with BlockDAG content, and submitting articles for a chance to earn additional entries.

Invite your friends to join the BlockDAG presale and presale Telegram channel for further entries.

Particiapnts can increase their chances of winning by completing multiple quests and inviting more friends. The winners will be randomly selected and announced on BlockDAG’s social media platforms. With less than 60 days left until the draw, don’t miss out on this opportunity to be part of the winning team.

BlockDAG has also been actively promoting its presence and presale through major events worldwide. From Tokyo’s Shibuya Crossing to The Sphere in Las Vegas, and London’s Piccadilly Circus, these high-profile endeavors have rapidly driven up presale figures and enhanced BlockDAG visibility, attracting a broad swath of investors.

In Las Vegas, BlockDAG celebrated its presale achievements and unveiled its latest technical whitepaper at The Sphere, which helped to boost further investor interest. Meanwhile, in London, a compelling display at Piccadilly Circus showcased BlockDAG’s innovative technology, cementing its status on the global stage.

Additionally, an awe-inspiring keynote from the moon introduced new updates and development plans, sparking widespread interest and a surge in BDAG coin purchases.

News source：https://www.kdj.com/cryptocurrencies-news/articles/blockdag-launches-exciting-m-giveaway-polygon-unveils-community-grants-program-ethereum-investors-bolster-holdings-m.html

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