Polkadot and Zcash Face a Slow Patch as BlockDAG’s $441M Presale Shifts the Focus
The post Polkadot and Zcash Face a Slow Patch as BlockDAG’s $441M Presale Shifts the Focus appeared on BitcoinEthereumNews.com.
The crypto market keeps shifting, with established projects facing new challenges. Polkadot crypto has been trading below key levels, with analysts watching for potential further drops. Meanwhile, the Zcash price continues facing resistance that could limit upward movement. Both show mixed signals for those hunting the next crypto to explode. In contrast, BlockDAG (BDAG) is showing strong momentum. Its presale is ending on January 26 and has already raised more than $441 million. More than 312,000 holders already own BDAG coins, and 3.5 million users are mining daily through the X1 mobile app. With only 3.5 billion coins remaining at the current presale price, the contrast between these projects is becoming clearer. Polkadot Crypto Faces Bearish Pressure Polkadot crypto trades at $2.067, sitting below important moving averages. The asset could drop into the $1.96 to $2.20 range as bearish momentum continues, with indicators pointing toward ongoing weakness. The Polkadot crypto project has a token halving scheduled for March 14, 2026. Issuance will drop from 120 million to 55 million DOT annually. Some watchers view $2 as a potential accumulation zone. The Short-term outlook remains challenging, with the probability of price increases staying low. While institutional interest persists, this hasn’t translated into upward movement. Recovery would require breaking above $2.20. For those evaluating Polkadot as the next crypto to explode, current conditions suggest patience. The halving could reshape dynamics, but that remains over a year away. Downside risk appears more likely for Polkadot crypto. Zcash Price Shows Mixed Signals The Zcash price stands at $455.03, positioned above some key levels but facing resistance. The asset trades above its 20-day and 200-day averages. However, it sits below the 50-day average at $462.59. Multiple indicators flash overbought warnings, with resistance appearing in the $463 to $520 zone. Breaking through requires sustained buying volume,…
Filed under: News - @ January 3, 2026 6:23 pm