Polygon and NEAR Protocol holders have recently encountered difficulties. Following a drop in Polygon’s (POL) price, 81% of long-term investors reported average losses of 37% in the past year. Similarly, NEAR Protocol investors have been affected by a 13% decline in trading volume.
In contrast, BlockDAG has achieved another impressive milestone. The network raised $10M in its presale in 72 hours, driven by a surge in whale transactions. Now, the BlockDAG Explorer’s launch is attracting renewed developer interest. BlockDAG’s presale has reached an impressive $92 million, making it one of the most successful crypto in history. As more whales and developers get involved, it’s quickly moving toward its goal of $600 million.
Polygon Price Drop: 81% of Long-Term Holders in Loss
Polygon’s (POL) price has experienced a notable drop recently, resulting in unrealized losses for many investors. Throughout September, POL traded within a narrow range of $0.36 to $0.44, before declining to $0.398 by the end of the month.
On October 2, the token was priced at $0.38, marking a steep decline from its all-time high of $1.29 in March. 81% of long-term holders have seen an average loss of 37% over the past year. The token’s ability to break out of this range will be critical for those hoping for a recovery.
NEAR Protocol Investors Eye Recovery
NEAR Protocol’s Nightshade 2.0 upgrade improved its network, allowing it to process more transactions through sharding. Since the update, activity on the network has grown, with transactions up by 42% and new users increasing by 30.8%. However, trading volume fell by 13.21% after strong demand.
On October 1, NEAR’s token was valued at $4.81, affected by a general market downturn. Despite this, NEAR Protocol investors expect recovery to $5.74 in October, as network improvements strengthen confidence in the protocol’s long-term potential.
BlockDAG Presale Reaches Nearly $92M, Fueled by Whales
BlockDAG has just smashed another milestone, with its presale raising $10 million in just 72 hours, bringing the total presale amount to almost $92 million. This meteoric rise, driven largely by whale transactions, highlights the growing trust and enthusiasm for BlockDAG’s technology among large investors.
Adding to the excitement is the recent launch of the BlockDAG Explorer, which has drawn major attention from blockchain developers. The Explorer offers deeper insights into BlockDAG’s structure and potential applications including real-time transaction tracking, EVM support, and smart contract capabilities.
Whales have already sold out the 23rd presale batch, and now purchasing activity is at an all-time high. Holders who joined early have seen a growth of 1960% in just 23 batches, with the current price of $0.0206 in batch 24.
Experts believe that if BlockDAG maintains this momentum, the coin’s price could reach $20 by 2027. Traders eager to reap these promising returns have rushed to the presale. And with more than half the presale batches released, supply is diminishing rapidly.
The presale’s speed shows major stakeholders’ confidence in BlockDAG’s potential as a future crypto leader. This combination of stellar presale performance and technological excellence has solidified BlockDAG’s status as one of the top-rated cryptos in the market today.
Top Rated Crypto of 2024
Polygon’s declining price performance has raised concerns among investors about its long-term growth. On the other hand, NEAR Protocol investors are more optimistic, hoping for a price recovery to $5.74 following the rollout of the Nightshade 2.0 upgrade.
Meanwhile, BlockDAG holders are eyeing major returns. With growing interest from large investors and developers’ enthusiastic response to the Explorer, the presale is drawing in new buyers quickly.
As the 24th batch nears sell-out, the coin’s price is expected to jump. For those seeking the next breakout crypto, BlockDAG’s innovative technology and impressive momentum make it one of the top-rated options in the market today.
Join BlockDAG Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a paid post and should not be treated as news/advice.