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Bitcoin’s forecast remains optimistic, supported by positive macroeconomic trends that point to potential upside. Similarly, developments on Polygon show a strong forward move, supported by fundamental technical signals indicating a bullish outlook.
According to the sponsored content sender, all eyes in the cryptocurrency community are on whether BlockDAG (BDAG), whose future is allegedly receiving significant support in the ongoing pre-sale phase, will be successful. Major cryptocurrency authority Crypto Profit recently highlighted the rapid growth of BlockDAG, whose future is uncertain. It is reported that the pre-sale of BlockDAG, one of the rising names in cryptocurrency, climbed to an impressive $50.4 million. The future is uncertain, there is a risk of investment loss.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction.
Bitcoin’s Price Rise is Supported by Economic Factors
The latest rise in Bitcoin price, where it reached $71 thousand, shows different characteristics than the rise in March; in particular, the absence of speculative excess and the support of sound macroeconomic factors. Unlike March, this rally is not driven by speculative borrowing, as evidenced by stable funding rates. Expected G-7 interest rate cuts and declines in oil prices support this positive outlook.
Investment banks predict that the Federal Reserve will cut interest rates against inflation concerns in March. With oil prices in a downward trend, inflation risk is decreasing, potentially directing more investors to Bitcoin. This scenario is likely to continue Bitcoin’s rise above $70,000.
Polygon’s Developments Increase MATIC’s Expectations
Polygon has made significant progress since announcing its multi-chain vision in June 2023, particularly with the launch of the Polygon Chain Development Kit (CDK). This initiative increases Polygon’s network utilization and scalability by allowing projects to build Ethereum Layer 2 chains.
Polygon’s engagement with Cros is poised to transform the gaming industry by connecting developers, advertisers, and a broad gaming community and using $CROS for blockchain-based in-game advertising.
Currently, Polygon’s MATIC is trading at $0.723 with a market cap of $7.15 billion. MATIC is approaching a critical resistance level following a significant pullback and ongoing market consolidation. Technical indicators point to an increasing bullish momentum and indicate that the trend could reverse if it breaks through resistance.
BlockDAG Pre-Sale Claimed to Reach $50.4 Million
With its future uncertain, BlockDAG’s ongoing presale has allegedly quickly become a focal point in the crypto world, having successfully raised $50.4 million from 11.5 billion coins sold, according to the sponsored content poster. Crypto Profit highlighted this significant growth and the increasing popularity of BlockDAG, whose future remains uncertain. It is reported that he credits strategic developments and an attractive gift of $2 million for this increase in popularity. It is uncertain whether it will be successful or not, there is a risk of investment loss.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction.
According to the content poster, Crypto Profit also praised the revamped BlockDAG website to improve investor accessibility and user experience. Additionally, he is quoted praising the recent release of BlockDAG’s second keynote video, which offers important information about low-code and no-code development and implementation of the DAG structure, providing a valuable tool for developers aiming to optimize their projects. It is uncertain whether it will be successful or not, there is a risk of investment loss.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction.
BlockDAG, whose future is uncertain according to the content creator, continues to offer promising passive income opportunities through its X-series miners, especially the X100 miner. This mining powerhouse can generate 2,000 BDAG per day, or approximately $100, with a hash rate of 2 TH/s and power usage of 1800W. Featuring advanced ASIC technology, the X100 miner combines high computing power with energy efficiency, is suitable for a variety of mining environments, is scalable for expansion and is ideal for dedicated miners and large-scale operations. It is uncertain whether it will be successful or not, there is a risk of investment loss.
Conclusion
While the economic backdrop and low oil prices predict a positive outlook for Bitcoin, Polygon’s advances point to a positive future for MATIC, according to the sponsored content poster. However, BlockDAG, whose future is uncertain, allegedly attracted great attention as its market price increased to $ 0.0122 and its pre-sale exceeded $ 50.4 million.
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!
