Kaspa Killer–BlockDAG Aims To Rise Among Top 30 Market Cap Coins, Leading Over Polkadot in Crypto Race
The post Kaspa Killer–BlockDAG Aims To Rise Among Top 30 Market Cap Coins, Leading Over Polkadot in Crypto Race appeared on BitcoinEthereumNews.com.
Polkadot (DOT) recently caught attention with its price attempting a recovery, climbing over 30% in just three sessions. However, it still faces significant selling pressure and struggles to break past the $5 mark, casting doubts on its near-term prospects. Similarly, Kaspa’s (KAS) prediction shows mixed signals, with sharp price fluctuations and uncertain investor confidence. During these market challenges, BlockDAG (BDAG) shows a different path. Recently listed on CoinMarketCap and leading the charts on CoinSniper, BlockDAG is aiming to break into the top 30 on CoinMarketCap soon. These listings indicate BlockDAG’s credibility and potential for substantial growth. With a successful presale that has already raised $66.2 million, BlockDAG is set to drive significant market momentum, attracting new and seasoned buyers. Polkadot (DOT) Price Recovery: What’s Next After 30% Rise? Polkadot (DOT) is experiencing a price reversal after a significant downturn. It saw a sharp rebound, gaining over 30% in just three sessions. Despite mixed results, Polkadot’s DOT token is trading at $4.72, up 2.36% today, but still shows a long-term bearish trend. The token has consistently fallen, losing about 40% in the past two months and dropping below the crucial $5 demand zone. Technically, Polkadot is still under pressure. The token’s RSI and MACD indicate a potential reversal, but bearish trends could continue unless it surpasses the $7 mark. Social metrics also reveal a downtick, indicating a drop in investor enthusiasm. The funding rate for DOT remains negative, pointing to a continued bearish outlook. Kaspa Prediction: Will It Bounce Back After the Recent Market Crash? Kaspa (KAS) has been a focus of intense discussion among crypto analysts. Recently, its trading volume surged by 180%, a sign of renewed interest. Despite a recent spike in activity, the token’s price dropped over 25% in a day to $0.1315. Just a week ago, Kaspa…
Filed under: News - @ August 17, 2024 5:28 am