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Re:

BlockDAG Testnet Debuts as TechBullion Reports $212M Presale; DOGE and XRP Claims Need Context

TechBullion’s April 7, 2025 report paired BlockDAG’s testnet announcement with presale and crypto-market claims. Here’s what the available sources do—and do not—confirm.
From TheFinanceBase Team3 min to read
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TechBullion’s April 7, 2025 article reported that BlockDAG’s testnet had debuted, its presale had topped $212 million, Dogecoin had fallen 16% in a week, and debate over XRP utility had intensified. Those figures and market claims are historical statements from that article, not independently verified facts. BlockDAG separately announced a testnet launch that day, but its release does not confirm the presale total or validate the testnet’s advertised performance.

What the April 7, 2025 article reported

TechBullion published the article under the headline “BlockDAG Testnet Debuts,” framing the testnet launch alongside claims about BlockDAG fundraising, DOGE’s price, and XRP utility. Its “today” refers to April 7, 2025—not the present. The article’s claims should therefore be read as a dated news snapshot rather than current market information.

The publisher page was not accessible during this review, though the search result contained the article text. The figures below are attributed to TechBullion and were not independently confirmed in the available sources.

What BlockDAG’s testnet announcement establishes

In its April 7, 2025 Dev Release-196, BlockDAG announced the launch of what it called the “Primordial Testnet.” The project described it as a development environment for deploying and testing smart contracts. This is primary evidence of what BlockDAG announced, not independent verification of network performance or user adoption. BlockDAG Dev Release-196

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The release called the launch a “major milestone” and said the community response had been positive. Those are BlockDAG’s own characterizations. TechBullion additionally described Beta Testnet V1 as live with tools and dApps, but that promotional description does not itself establish how well those features worked or how widely they were used.

BlockDAG’s current homepage describes a live network and ecosystem. That is a present-day project representation and should not be used to validate what had been delivered, raised, or achieved in April 2025. BlockDAG homepage

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Was BlockDAG’s presale really above $212 million?

TechBullion said BlockDAG had raised more than $212 million and sold more than 19.1 billion coins as of its article’s publication. Those are article-reported figures; the available official testnet release does not substantiate them, and no independent fundraising record was available to confirm them. Treat them as claims attributed to the article, not audited proceeds or independently established totals. TechBullion article, April 7, 2025

What the article said about Dogecoin’s decline

TechBullion reported that DOGE was near $0.16 after a 16% decline over the preceding week. The article supplies the historical claim, but the market data for that week was not independently confirmed here. It is not a current price or a verified account of DOGE’s performance. TechBullion article, April 7, 2025

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Why XRP utility and scarcity were being debated

The article presented XRP utility and scarcity as points of debate rather than settled conclusions. It attributed to Ripple CTO David Schwartz an argument that a higher XRP price could enable larger transfers using fewer coins. The original statement and its context were not independently located, so this should be treated as the article’s account—not a verified verbatim quotation or a conclusive explanation of XRP’s economics. TechBullion article, April 7, 2025

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How to read the article’s claims

  • Testnet: BlockDAG’s dated release supports that the project announced the Primordial Testnet launch. It does not independently assess its performance.
  • Presale: The $212 million and 19.1 billion-coin figures were reported by TechBullion and were not independently confirmed.
  • DOGE: The $0.16 level and 16% weekly decline were historical claims in the article, not verified current market data.
  • XRP: The utility and scarcity discussion was commentary; the attributed Schwartz point was not verified against an original statement.

The article’s positive framing of BlockDAG’s progress and its suggestion that BDAG might merit consideration are promotional judgments, not independent evidence of investment value. Neither the testnet announcement nor the reported fundraising and market figures establish whether any digital asset is suitable for a particular investor.

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