The post BlockDAG Testnet Launch Shakes Up Crypto Market With Predictions for 20,000x ROI; Amid Polkadot’s Low & AI Companions Prices Dip appeared on BitcoinEthereumNews.com.

In the latest from the crypto world, Polkadot and AI Companions have been capturing headlines, though not for reasons they’d hope for. Polkadot has dipped to a 12-month low, and AI Companions has seen a 13% price drop. Amid these challenges, BlockDAG is on the rise with its recent Testnet launch. The eagerly awaited Testnet from BlockDAG is here, forming a pivotal part of the network’s roadmap. It showcases a strong technical framework that’s impressing developers and crypto enthusiasts alike. The successful launch has already pushed the presale close to $73.7 million, sparking talks of potentially massive 20,000x ROI for early participants. Trouble for Polkadot As Prices Dip Meanwhile, Polkadot has been struggling. The last month saw its price drop to $4.14, a 27% fall from its August peak, hitting the lowest in a year. Despite some signs of hope in trading indicators like the Relative Strength Index suggesting a possible turnaround, the overall interest in DOT remains tepid. The drop in on-chain activity and transactions has been a major issue, with recent figures showing a dramatic fall from previous highs. Currently, daily transaction volumes are hard-pressed to reach $50 million, leaving observers questioning if and when Polkadot might bounce back from this slump. As the crypto landscape continues to evolve, BlockDAG’s momentum contrasts sharply with the struggles faced by Polkadot and AI Companions, making it a focal point for those following the industry’s developments. AI Companions: A Glimmer of Hope After a 13% Price Drop? AI Companions (AIC) saw a notable 13% drop in its price last week, landing at $0.09616. The trading volume took a hit too, plummeting by 39% to $4.3 million, which has raised some eyebrows about the project’s current trajectory. The price now sits below its 50-day Simple Moving Average (SMA), with a Relative Strength…

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Filed under: News - @ September 21, 2024 4:13 pm