Chainlink recently saw a price jump following its partnership announcement with Swift at Consensys. In contrast, MATIC’s value is declining due to actions from large holders and a decrease in daily active addresses, signalling a potential sell-off.
In the meantime, BlockDAG (BDAG) is leaping forward in its presale, as market analysts forecast a potential rise to $30 per coin by 2030. In its 16th batch, BlockDAG has enjoyed an 850% price increase since launch, amassing $39.3 million in sales. This momentum is further bolstered by an updated roadmap, accelerating the mainnet launch by four months, making BlockDAG a strong contender in the crypto race.
Chainlink Sees Price Surge Following Key Collaborations
The price of Chainlink has significantly increased in the past 24 hours, now trading at $18.21 with a rise in daily trading volumes. Analysts predict further growth, buoyed by strong support levels.
This bullish trend follows Chainlink’s joint presentation with Swift at Consensys, which was accompanied by positive remarks from co-founder Sergey Nazarov. Chainlink’s expansion across multiple blockchains and its involvement in a tokenization pilot with DTCC, JP Morgan, and BNY Mellon underscore its crucial role in streamlining crypto transactions, as highlighted by 21Shares.
Polygon Faces Downturn Due to Large Holder Sales
The price of MATIC is on a downward trend due to large holders selling their stakes and a dip in daily active addresses, indicating a sell signal. Both price and participation rates are waning, prompting a ripple effect among retail investors. In the last four days, whales offloaded over 23 million MATIC, valued at $17 million. This selling pressure often precedes a price drop in Polygon. Currently, MATIC is fluctuating between $0.75 and $0.64. A drop below $0.64 could lead it down to $0.60, whereas a climb above $0.75 might elevate it to $0.80.
BlockDAG’s Rising Price Forecast Draws Investor Attention
The excitement around BlockDAG’s forecasted price of $30 by 2030 is propelling its presale success. Currently priced at $0.0095 in batch 16 and has raised $39.3M, BlockDAG has skyrocketed 850% since the presale began, showing strong market confidence and rapid growth. The final presale price is set to hit $0.05 by batch 45, marking a 4900% increase, with prospects of a 30,000x ROI.
This consistent 50% increase per batch underscores robust and sustained growth, attracting individual and institutional investors. This ambitious forecast has sparked a buying frenzy, leading to quick sell-outs of presale batches. Fueled by the widespread belief in its long-term prospects and significant returns, this forecast sets BlockDAG as a major player in the crypto market with promising future growth.
Additionally, BlockDAG’s surge in presale interest is driven by its comprehensive roadmap, which includes developments in blockchain infrastructure, the BlockDAG explorer, and the X1 miner application beta. Plans include creating a seamless P2P engine, implementing efficient block and DAG algorithms, and thoroughly testing the POW consensus mechanism, culminating in an anticipated early Mainnet Launch.
Concluding Thoughts
BlockDAG leads the charge in the crypto realm with its successful presale, spurred by optimistic projections of reaching $30 by 2030 for BDAG coin. At batch 16, BlockDAG has soared 850% from its start, raising $39.3 million in presale. With an updated roadmap promising an advanced mainnet launch and a groundbreaking mobile mining app, BlockDAG distinctly outshines its competitors. At the same time, Chainlink enjoys a boost from strategic alliances, and MATIC struggles with downward pressure from significant holders and reduced activity.
Join BlockDAG Now!
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
