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The cryptocurrency market has been abuzz with notable events, including the recent completion of Bitcoin Cash’s halving, which led to a significant 56% price increase. Meanwhile, the price of Polygon (MATIC) appears poised for a decline, with several indicators pointing to bearish trends. Amidst these developments, BlockDAG, whose future is uncertain, is reported to be making waves in the pre-sale market and is currently in its 8th batch with cryptocurrencies priced at $0.0045. The release of the V2 technical whitepaper and a notable appearance at the Las Vegas Sphere allegedly increased its funding significantly. The future is uncertain, there is a risk of investment loss.
Volatility in Bitcoin Cash (BCH) After the Halving Event
Bitcoin Cash’s recent halving, which reduced block rewards to 3,125 BCH, pushed its price to a significant gain of 56% last month. This event, which occurred just before Bitcoin’s own halving, sparked bullish sentiment for BCH, despite remaining below its 2017 peak prices.
Drop Expected for Polygon (MATIC)
Polygon’s price has recently fallen by 22%, falling below the critical support level of $0.9. This decline is also evidenced by the inverted head and shoulders formation, which indicates that more losses may occur. However, according to a leading trader, there is a silver lining if MATIC holds above $0.87, with possible price targets of $0.95 and $1.
Will BlockDAG Be Successful?
It is unknown whether BlockDAG, whose future is uncertain according to the sponsored content sender, will be successful in the cryptocurrency pre-sale market by collecting $ 16.6 million and selling more than 7.3 billion BDAG coins by its 8th batch. It remains to be seen whether the innovative integration of Blockchain and Directed Acyclic Graph (DAG) technologies will enable it to overcome the limitations of traditional blockchain, providing unprecedented scalability, security and decentralization. BlockDAG’s technology allows for up to 15,000 transactions per second, making it one of the fastest Proof of Work (PoW) networks available. It is not certain, it may fail or there is a risk of investment loss.
It is not known whether BlockDAG, whose future is uncertain, will be successful. According to his team, early investors claimed the coin rose from $0.001 to $0.0045 in the pre-sale stages. However, it cannot be listed on stock exchanges and there is a risk of investment loss if the team is not loyal.
What Can BlockDAG Do in the Crypto Environment?
While Bitcoin Cash is rising again after the halving and Polygon is preparing for potential declines, it is unknown whether BlockDAG, whose future is uncertain, will be able to continue its success before the sale. With a total fundraising of $16.6 million and the launch of its mainnet, BlockDAG is claimed to be able to generate returns. But it is not certain, it is a risky project that may fail.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction.
Pre-sale: https://purchase.blockdag.network
Site: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high-risk investments and there is a risk of investment loss. Do your detailed research before making any transaction!
