Toncoin price faced a weekly drop due to technical rejections and mixed sentiment. Meanwhile, Polygon news has revealed a heated debate over Ethereum’s scalability issues caused by Polygon Labs. In contrast, BlockDAG’s global dominance at three significant hubs to inaugurate and honor its achievements – kicking off at Shibuya Crossing in Tokyo, moving on to the Las Vegas Sphere, and concluding at Piccadilly Circus in London.
These milestones have resulted in an unprecedented surge in presale numbers. In its 16th batch, BlockDAG has garnered $37 million by vending over 10.1 billion coins. Analysts forecast a significant return on investment of 30,000 times for the project, with expectations of reaching the price goal of $30 by 2030, positioning BlockDAG as the best crypto presale of 2024.
Toncoin Price: Mixed Sentiment with New Investors
Toncoin (TON) is priced at $6.33, down 0.23% in 24 hours, with a market cap of $21.9 billion. Despite a mixed sentiment, 21% of holders are at break-even, while 29% are new investors from the past month, benefiting from a rise in Toncoin price.
However, TON faced a 2.89% weekly drop due to technical rejections. The total number of holders has doubled since March to over 20.3K, despite a 3% drop in trading volume. Telegram’s upcoming Stars currency, integrated with bot payments, may enhance TON’s utility and value. Technically, TON shows volatility, currently trading at 50-day moving average support.
Polygon Labs Sparks Debate on Layer 3 Chains
The latest Polygon (MATIC) news reveals that Polygon Labs have sparked a heated debate over the viability of Layer 3 (L3) chains as a solution to Ethereum’s scalability issues. While Layer 2 (L2) solutions are addressing network congestion and high gas fees, Polygon Labs questions the necessity and benefits of L3 chains.
They argue that L3 chains compromise decentralization, introduce governance challenges, and may not provide significant advantages over L2 solutions. Polygon’s Agg Layer solution is presented as a more efficient alternative, offering lower costs, enhanced interoperability, and simplified onboarding without sacrificing autonomy. This debate highlights the need for rigorous analysis of Ethereum’s scalability roadmap.
BlockDAG’s Global Dominance and Price Prediction
BlockDAG is making waves in the crypto sphere with its promotional efforts. Its recent keynote video, aired on billboards at Tokyo’s bustling Shibuya Crossing, went viral, propelling BlockDAG’s presale to new heights. This strategic move highlighted BlockDAG’s integration into DeFi exchanges like Bitget and CoinEx and introduced its ASIC mining devices. It shows a commitment to user-friendly mining experiences for mobile and home-based users, making it an attractive option for a broad audience.
The promotional tour continued to captivate audiences at the Las Vegas Sphere, where the release of the DAG paper was celebrated. The paper introduced the BlockDAG protocol, which diverges from the conventional linear chain of blocks. The global tour culminated at Piccadilly Circus, where BlockDAG’s listing on CoinMarketCap was celebrated. This dynamic display significantly heightened investor confidence and generated substantial hype around its $100 million liquidity plan.
Furthermore, the launch of batch 16 has seen BlockDAG raise an impressive $37 million, selling over 10.1 billion coins and 6,459+ mining rigs. This rapid progress has investors excited, predicting a potential 30,000x ROI. Expectations are high, with forecasts suggesting BlockDAG’s price could reach $30 by 2030. This remarkable growth trajectory positions BlockDAG as the top presale crypto for 2024.
Final Thought
With Toncoin’s price drop and mixed market sentiment, Polygon news highlights a heated debate over the viability of Layer 3 (L3) chains for Ethereum’s scalability issues.
BlockDAG’s cutting-edge mining devices and extensive marketing efforts, showcased from Tokyo to Las Vegas, to London, have propelled its presales to new heights. In batch 16, BlockDAG has raised $37 million, selling over 10.1 billion coins and 6,459 mining rigs. Forecasts suggest BlockDAG’s price could reach $30 by 2030, positioning it as the top presale crypto for 2024.
Join BlockDAG Now!
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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