The post BlockDAG’s Meteoric Rise: $54.5M Presale Leaves Ethereum and Polygon in the Dust appeared on BitcoinEthereumNews.com.

BlockDAG has become the new darling of the cryptocurrency scene, its presale skyrocketing past $54.5 million. This phenomenal achievement is drawing attention away from Ethereum’s price struggles and Polygon’s strategic advancements. With its presale now in Batch 19, priced at $0.014 and set to increase to $0.015 in the next batch, BlockDAG is capturing global investor interest. This rapid growth, supported by strategic endorsements from crypto influencers, sets BlockDAG on a promising path to becoming the standout cryptocurrency of 2024. Ethereum Faces Uphill Battle Amidst Market Instability Ethereum’s price is currently under pressure, struggling to surpass the $3,550 resistance level. Recently, it dipped to $3,385, sparking cautious optimism among its investors. Ethereum now battles a bearish trend line at $3,465 and trades below the 100-hourly Simple Moving Average. Should Ethereum fail to break through these resistance levels, it could potentially slide down to major support levels at $3,350, with the risk of further declines to $3,220 or $3,100. Polygon Enhances Its Ecosystem with Strategic Innovations Polygon is reinforcing its position as a leading Layer 2 scaling solution with new achievements, such as incorporating Google Cloud as a validator. This move enhances the network’s security and technical depth, strengthening its blockchain integration. Polygon has also introduced Astar Network’s Astar zkEVM with Gelato and native USDC, supported by Circle, to promote liquidity and facilitate institutional transactions. These innovations are reflected in Polygon’s community growth of 29% and a price rise to $0.5607 for MATIC. BlockDAG Sets New Standards in Crypto Presales With more than $54.5 million raised and over 11.8 billion BDAG coins sold across 19 batches, BlockDAG’s presale is a testament to its rising dominance in the crypto market. The presale has also seen over 8250 miners sold, raising an additional $3.4 million. The value of BlockDAG has soared by 1300%,…

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Filed under: News - @ June 30, 2024 10:22 pm