Cardano’s active addresses are rising, suggesting a growing Cardano adoption. 

However, Cardano's status as the leading network for inactive coins offset this development. With an uncertain future for Cardano, investors are turning to presale projects like BlockDAG (BDAG) and Mollars (MOLLARS), which have already demonstrated considerable early investor confidence, judging from their presale success.

Which one of these holds the highest ROI potential in 2024? Keep reading to find out. 

Mollars (MOLLARS) Presale Gains Traction

Mollars (MOLLARS) presale is drawing investors' attention with its limited supply model, where only 10 million tokens will be minted. At launch, Mollars plans to launch a decentralised exchange, where the MOLLARs token will serve as a bridge between cross-blockchain transactions. 

Furthermore, MOLLARS represents a store-of-value token with a hedge against inflation. With a deliberate founder exit post-launch, Mollars demonstrates its commitment to decentralisation, the central ethos of cryptocurrency.

Cardano Among the Dead Coins List 

One of the critical considerations when assessing the adoption of a cryptocurrency is the number of new wallets being created. According to on-chain data, active addresses on the Cardano blockchain have been rising steadily. This growth in new addresses may suggest growing Cardano adoption, leading to a higher demand for ADA and, consequently, a price surge.

Against this optimistic backdrop, Cardano was found to be a top network with dead coins. According to a recent report from AlphaQuest Research,  74% of projects built are no longer active.

BlockDAG - The Top Crypto to Buy in 2024 

BlockDAG (BDAG), a new presale project inspired by the Kaspa protocol, has entered the crypto realm with a bang, raising over $2.2 milion. Set to raise $600M by the end of 2024, BlockDAG shows no signs of slowing down.

The key highlight of BlockDAG is its next-generation hybrid consensus mechanism that builds on the DAG protocol used by Kaspa. However, BlockDAG distinguishes itself with the simultaneous addition of blocks, enabling ultra-fast transaction confirmation speed of up to 10 blocks per second, with plans to ultimately increase to 100 blocks per second. 

In addition to BlockDAG’s unparalleled transaction confirmation speed, its unique value proposition includes launching its mainnet within just six months. This is an ambitious timeline in the industry where development cycles typically span years.

Besides its groundbreaking technology, BlockDAG presents a compelling ROI potential, especially for investors who buy BDAG while the project is still early in its presale. With the current price at $0.0015 in the second presale batch and the listing price set at $0.05, investors can expect to reap an astounding 3233% ROI when the project launches on exchanges.

In response to the overwhelming early investor interest and the $2 million raised quickly, BlockDAG has announced a $2 million mega giveaway shared by 50 lucky community members. To participate in the giveaway, follow BlockDAG’s social media channels, submit your wallet address, increase your chances by completing all quests, and bring friends for additional entries. 

Key Takeaways

Cardano adoption is rising, evidenced by a surge in active addresses. However, this development is tempered by recent research findings indicating that 74% of projects built on the Cardano network ceased to operate. Cardano's uncertainty has prompted ADA investors to seek alternative investment opportunities, such as BlockDAG (BDAG) and Mollars (MOLLARS) presales. 

The BlockDAG project dominates investor attention among presale coins, poised to revolutionise the crypto landscape with its next-generation hybrid consensus mechanism. Investors should hurry up and buy BDAG while the project is still early in its presale, as the BDAG price increases with each subsequent batch.

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