BlockDAG is preparing to conclude its presale, as its latest communications state that the current private sale will end on the same day as the token generation event (TGE), which will take place on February 11, 2026, with the official $BDAG token launch scheduled for February 16, 2026.
BlockDAG’s marketing materials name MEXC, LBank, and BitMart among the exchanges and state that the project plans a “synchronous launch” across more than 20 centralized and decentralized exchanges.
While the $BDAG presale is scheduled to end in a few days, the company lowered the presale token price again, with the latest private allocation priced at $0.00025, close to the initial $0.0001 price from the first presale stage in 2024.
At $0.00025, the fully diluted valuation (FDV) of $BDAG is $37.5 million, based on a total supply of 150 billion tokens. This places the current token valuation at roughly 8% of the funds claimed to be raised during the presale period.
BDAG Presale Timeline, Price Stages, and Final Discounted Round
The $BDAG presale was structured into 45 stages, with the token price rising over time and reaching $0.05 in the final public stage. However, the effective presale price did not follow a clear upward curve, as sales repeatedly included discounts, bonuses, and special pricing terms that reduced the cost basis for many buyers.
The pricing controversy has intensified further with the current private allocation offering $BDAG at $0.00025, a level close to the earliest presale pricing and far below the last public-stage price.
Concerns about how the presale was handled are not new. In a January livestream, a former BlockDAG employee described internal disputes over presale management, allocation tracking, and marketing timelines that were set without engineering input.
In addition to pricing concerns, members of the BlockDAG investor community have alleged that the presale allocation was oversold well beyond the originally communicated 50 billion tokens.
At the same time, the BlockDAG team claims the project has raised over $453 million in its presale stage, making it one of the largest presales in recent years.
Tokenomics and 3% Liquidity Allocation Ahead of Exchange Launch
According to the latest BlockDAG tokenomics documentation and wiki materials, only 3% of the 150 billion BDAG total supply is allocated for exchange liquidity.
In large-scale token launches, liquidity allocations typically range from 5% to 10% of total supply to reduce early trading volatility and provide sufficient order-book depth across markets.
With BlockDAG planning simultaneous listings across numerous centralized and decentralized exchanges, this 3% allocation will be divided between platforms, meaning each exchange will operate with a fraction of the already limited liquidity pool.
Earlier community discussions in a BlockDAG investor group have also referenced an earlier statement attributed to the project’s founder, Gurhan Kiziloz, regarding significantly lowering the promised $100 million from presale funds toward liquidity. As of the latest communications, no official clarification has been published addressing this claim.
The combination of a low liquidity allocation, a wide presale-to-listing price gap, and a multi-exchange distribution creates conditions that may lead to sharp price swings when BDAG begins trading.
Multiple Postponed Launch Dates Throughout 2025
BlockDAG was originally expected to launch its mainnet in June 2025.
This date moved to August 2025, then to September 2025, followed by a planned November 2025 completion.
Instead of launching, the project released additional testnet phases and extended the presale timeline repeatedly into early 2026.
By January 2026, the presale end date was extended multiple times over several days before the final February schedule was announced.
$BDAG Price Prediction and Downside Risk After Launch
With $BDAG offered at $0.00025 only days before exchange trading, the final presale price sits very close to the earliest 2024 pricing levels.
When a project sets a token price at a specific level immediately before launch, that price becomes a reference point during market price discovery. In this case, the last allocation price is dramatically lower than the communicated listing range of around $0.05.
At TGE, 40% of presale tokens become tradable, while only 3% of the total supply is allocated for exchange liquidity and distributed across multiple platforms. This creates a structural imbalance between available supply and market depth.
Under these conditions, early trading activity may gravitate toward the most recent effective purchase price rather than the projected listing range.
If selling pressure from presale participants exceeds available liquidity, $BDAG could revisit levels seen during the earliest presale stages, and even much below.
Over the next three months, as additional tokens unlock from vesting, the circulating supply will continue to increase. At the same time, recent community discussions, leadership questions, pricing changes, and repeated launch delays have contributed to negative sentiment around the project.
If market demand does not keep pace with this rising supply, BDAG could trade well below its earliest presale price of $0.0001. In a prolonged sell-off following the launch, a move below even $0.00005 cannot be ruled out.
What Is BlockDAG Network? Presale-Driven Project With X-Series Miners and a Shifting Leadership Narrative
BlockDAG Network describes itself as a Layer-1 blockchain project that uses a DAG (Directed Acyclic Graph) structure and Proof-of-Work. The project’s public activity during the fundraising period has centered on a long presale campaign, frequent bonus and discount mechanics, recurring launch-date updates, and the sale of branded mining hardware.
Alongside the BDAG presale, BlockDAG marketed and sold a set of dedicated “X-Series” miners. The product pages list the following models: BlockDAG X10, BlockDAG X30, and BlockDAG X100. These devices are presented as BDAG-focused mining units, promoted before the planned mainnet go-live and token launch window.
Early public communications and interviews presented Antony Turner as the founder and primary spokesperson of the project. However, blockchain investigators and community researchers later identified Gurhan Kiziloz as the actual founder behind the project, a name that did not initially appear in official materials but was later acknowledged by the project.
In January 2026, Nic van den Bergh, who had previously been the project’s Chief Marketing Officer (CMO), was promoted to CEO, while Turner was removed from the company.
