BlockDAG News: Presale Ends Jan 26th; NEXO Gets Boost, But DeepSnitch AI Steals Spotlight With Explosive Growth

More spending is, of course, good news for crypto, but that also adds stress to its underlying infrastructure. That’s why technical alternatives to blockchain’s proof-of-work have surged for years, including DAGs.

In this sense, BlockDAG news of its presale ending is not only relevant for BDAG investors but also for those eager to see how the new solution actually performs.

The next section presents a few BlockDAG project updates, as well as a review of two other coins that are catching people’s attention this month.

Coins attracting investors’ interest in January

1. DeepSnitch AI (DSNT)

DeepSnitch AI is likely to steal all the spotlight from BlockDAG when its presale ends a few days later. The reason is that, unlike BlockDAG news that has been focused on the sheer size of its presale, DeepSnitch AI’s news has been instead about the amazing pace of its product development.

The project has created an AI system powered by agents (most of which are already operational) that transforms crypto data into market intelligence. For instance, they can spot sentiment shifts from real-time on-chain data, or tell you whether a coin is “clean”,  requires “caution”, or looks “sketchy”.

This advanced product development stage highly contrasts with BDAG development progress, which has been notoriously slow. And while BlockDAG presale has raised far more funds, DeepSnitch AI has gone much, much faster.

In just the 4^th out of 15 stages, more than $1.2 million has been raised. Moreover, the entry price is still low at just $0.03538, which creates a huge upside, and a team announcement that will expand it further is expected soon.

At any event, only those who take part now in the presale might enjoy exponential returns after its TGE next month.

2. BlockDAG (BDAG)

According to BlockDAG news coming from the project’s official website, as of January 16, more than $443.37 million has been raised. This is unquestionably an impressive number that places BlockDAG among the largest presales ever.

BlockDAG ecosystem news includes its Hackathon event and its Ambassador Program, but so far they aren’t as frequent as investors would expect from such a gigantic presale.

Eventually, the BlockDAG news announcing the TGE is very much welcomed for a process that has taken more than 2 years.

3. NEXO (NEXO)

NEXO is a lending platform for cryptocurrencies that, among several services, offers the possibility of making payments through crypto cards. The above mentioned news about the increasing volume in such services signals a healthy market for coins like NEXO.

The coin’s price chart since the beginning of the year confirms this healthy outlook. From Dec. 31 to Jan. 6, the coin surged 18% ($0.87 to $1.03). Then, after some profit-taking and consolidation, NEXO is trading now around the $1 mark.

How a hybrid DAG network would streamline the stablecoin transactions behind NEXO would be interesting BlockDAG news to hear in the near future.