At 21:00 UTC on May 13, 2025, BlockDAG Network posted a tweet revealing new details about its token launch plans. The controversial layer-1 blockchain project announced that its $BDAG token will list on 20 centralized exchanges (CEXs), starting with MEXC, LBank, CoinStore, XT.com, and BitMart. Trading is expected to begin at a listing price of $0.05 per token.
Despite previously stating that the crypto presale would conclude with the upcoming exchange listings, BlockDAG also revealed that the $BDAG token sale will remain open until June 13, when the full list of 20 exchanges is set to be announced. Until then, the presale price is frozen at $0.0020, meaning the token is still being sold at just 4% of its listing price, even after raising over $240 million during the past 16 months.
The move to keep selling $BDAG at a 96% discount so close to its listing date is unusual. BlockDAG’s crypto presale has already featured aggressive incentives, including large bonuses and referral rewards. Extending the offering under such terms raises questions about the project’s financial planning or confidence in market demand post-launch. Rather than signaling strength, it may point to liquidity concerns or a last-minute attempt to extract more funds before public trading begins.
$7.5 Billion FDV for a Layer-1 Blockchain Still in Presale Phase
With 150 billion $BDAG tokens and a planned listing price of $0.05, BlockDAG would launch with a fully diluted valuation (FDV) of $7.5 billion. For comparison, Monero (XMR) has an FDV of around $6.3 billion, Kaspa (KAS) sits at $3.2 billion, and Hedera (HBAR) is near $8.7 billion. Unlike these established blockchain networks, BlockDAG remains an early-stage project with no working mainnet at the time of writing.
The $7.5B FDV puts BlockDAG in the same league as cryptocurrency projects with years of development and proven utility. Whether the market will support that valuation remains to be seen once $BDAG starts trading publicly.
