Is 2100% ROI Just the Start? Will BlockDAG’s 100% Bonus Make XRP & Polkadot Investors Rethink Their Strategy?
The post Is 2100% ROI Just the Start? Will BlockDAG’s 100% Bonus Make XRP & Polkadot Investors Rethink Their Strategy? appeared on BitcoinEthereumNews.com.
In the crypto market, Ripple (XRP) and Polkadot (DOT) have historically been heavy hitters. However, 2024’s final quarter presents them with new challenges and competitors. traders in XRP are showing signs of discontent as the unresolved lawsuit impacts its market value. Polkadot has also updated its ecosystem to enhance scalability, but the market’s reaction has been tepid, showing a mere 1.02% increase in its price post-update. In contrast, BlockDAG (BDAG) presents a compelling narrative. Those who participated in the 25th batch of its presale are now reveling in a monumental 2100% ROI, with the venture amassing $111 million in capital. XRP Lawsuit Update: CEO Requests Court Resolution Ripple’s CEO, Brad Garlinghouse, has made a significant move by seeking a final judgment in the ongoing class action lawsuit involving XRP. This step aims to resolve specific disputes quickly, allowing the company to concentrate on its broader legal battle with the SEC. Should the court approve this motion, it would temporarily suspend individual state law claims, thereby reducing Ripple’s legal complexities until the main case is settled. However, the uncertainty surrounding the lawsuit has slightly impacted XRP’s market price, causing some traders to consider alternative options. Polkadot’s Latest Upgrade Receives Muted Response Polkadot recently rolled out its “Join Accumulate Machine” (JAM) upgrade, intended to enhance scalability and improve connections across its network. Despite these improvements aimed at facilitating smoother data transmission and better interoperability, the upgrade has not stirred much excitement among traders. Following the upgrade, Polkadot’s price increased marginally by 1.02%, with the token now trading at $4.16. However, analysts have pointed out that Polkadot continues to trade below crucial Simple Moving Averages on its DOT/USDT chart, indicating potential for further price declines. A critical support level at $3.83 looms if the current trend continues. BlockDAG’s Phenomenal Growth: A Closer Look…
Filed under: News - @ November 4, 2024 8:24 am