BlockDAG Presale Sees Massive Funds Influx After Testnet Launch; Polygon's POL Upgrade Falters and Kaspa Prices Decline

September 28, 2024
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3 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

The last month brought unexpected losses for POL and Kaspa coin owners. Despite the much-awaited upgrade of POL by Polygon, its value dropped 24%. Kaspa’s price also fell by 4.66% in just a week, mainly because short-term investors panicked and sold their shares.

However, there’s good news with BlockDAG’s testnet launch. This launch shows off the team's hard work and smart technology. The excitement around it pushed the presale up to $77 million. Now, experts think it could lead to a return of massive ROI. With a solid team and more people believing in it, BlockDAG is getting closer to achieving this goal every day.

POL’s Upgrade Falls Short: Tough Times Ahead for Polygon

Polygon is struggling after the latest POL upgrade, which was supposed to boost its old token, MATIC. Instead, MATIC’s value fell by 24.02% last month, continuing a downward trend. This upgrade is a part of the bigger Polygon 2.0 plan, which was expected to kickstart a recovery, but it failed to lift the price as hoped.

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Despite future promises of more upgrades and community involvement in Polygon 2.0, the disappointing results have made investors wary about POL’s outlook soon.

Kaspa Price Drops Amid Increased Selling

Kaspa’s value went down 4% with a trading volume drop of 10.44% last week. Analyst Jim pointed out that this selling mainly came from new investors who've owned the asset for less than six months.

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These investors often sell in a panic when prices drop. On the other hand, long-term investors are staying put because they are still making a profit and feel less pressured to sell. Jim’s data shows that this fear-driven selling from new investors makes Kaspa’s price even more unstable.

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BlockDAG’s Testnet Heralds a Massive ROI Milestone

Navigating the choppy waters of the crypto market can be daunting with its infamous ups and downs. BlockDAG emerges as a guiding star with its meticulously crafted path forward.

BlockDAG’s testnet has captured the hearts of tech lovers, offering them a playground to explore groundbreaking blockchain functionalities. To join in, users need only transfer 7,500 BDAG coins they've acquired from the devnet over to the testnet.

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This testnet displays the prowess of DAG technology, a powerhouse of unmatched efficiency and versatility in app creation. BlockDAG’s swift and clever tools far surpass those of older rivals, enabling visionaries to bring their wildest ideas into reality.

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The presale, amassing $77 million, is a loud testament to the trust and excitement surrounding BlockDAG’s capabilities and foresight. Continual advancements have led experts to predict a stunning ROI in the coming years, a vision bolstered by the testnet's success and the team’s relentless drive for excellence.

As the network advances along its set course, early backers might witness crypto returns of a lifetime.

The Bottom Line

Investors in Kaspa and POL are on edge, waiting for new updates that could rescue their investments. Polygon 2.0’s imminent POL upgrades carry the heavy duty of boosting the coin’s value, while Kaspa’s outlook might brighten if the current selling spree slows down.

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Yet, it's BlockDAG’s path, marked by its impressive testnet launch and continually growing presale, that sketches a bright future for the network. With the 22nd presale batch sold out and the 23rd expected to vanish quickly too, those eyeing the best performing crypto should make their move swiftly before the price skyrockets.

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Discover More About BlockDAG:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu 

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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