Polygon Whales Eye BlockDAG Coin for 5000X Profit
In a significant development in the crypto world, insiders reveal that Polygon (MATIC) whales are planning to shift their investments to BlockDAG Coin. This strategic move is driven by the potential for a remarkable 5000X profit, while the decision on Ethereum ETFs by the US SEC faces delays, causing anxiety in the market.
BlockDAG Coin: The ‘Kaspa Killer’ Gaining Traction
BlockDAG Coin, often referred to as the ‘Kaspa killer,’ is making waves with its advanced technology, drawing substantial interest from the crypto community. The coin surprised the presale market by raising over $1 million in just 24 hours during batch 1, swiftly selling out. Currently priced at 0.0015 in batch 2, BlockDAG Coin is gaining momentum.
Polygon and ZK Scaling
Polygon (MATIC), the force behind the Ethereum sidechain, Polygon Labs, is actively exploring ZK scaling alternatives. Despite recent selling pressure on MATIC, the forecast for ZK adoption is optimistic. Through strategic partnerships, Polygon’s zkEVM, currently in beta, is gaining traction, with additional platforms implementing solutions, potentially boosting MATIC’s financial prospects. MATIC has demonstrated stability, finding support at $0.70, with a resistance level at $1.
- Polygon whales may be eyeing BlockDAG due to its unique hybrid consensus protocol.
- BlockDAG’s POW network is predicted to potentially grow 5000X in the near future.
SEC Delays Ethereum ETF Decision
The US Securities and Exchange Commission (SEC) has postponed its decision on the Ethereum ETF application from Invesco and Galaxy Digital, setting the final deadline for July 5. Similar delays have been witnessed for other issuers, with May 23 being a crucial date for VanEck’s decision from the SEC. Despite divisions among market experts, analysts estimate a 60% likelihood of receiving approval for spot Ethereum ETFs.
The delays align with the SEC’s discretion under Section 19(b)(2) of the Securities Exchange Act, allowing for extensions of the public comment period up to 90 days if necessary.
Batch 2 Presale Hype Drives BlockDAG Coin’s Momentum
BlockDAG, hailed as the ‘Kaspa killer,’ utilizes Directed Acyclic Graph (DAG) and Proof-of-Work (PoW) consensus for scalability and decentralization. The success of Batch 2’s presale, raising $1 million in 24 hours, underscores BlockDAG’s credibility and potential. Investors can anticipate up to 5000X returns post-launch, with diverse income streams like Coin Investment Strategy and Mobile Crypto Mining.
BlockDAG’s commitment to profit opportunities and community involvement positions it as a compelling investment, challenging established players in the cryptocurrency space.
BlockDAG Coin: A Promising Opportunity in 2024
As the Polygon ecosystem undergoes key changes and MATIC’s price levels appear bearish, whale investors are turning their attention to BlockDAG for a superior ROI opportunity in 2024. The SEC’s delay in deciding on the Ethereum ETF introduces uncertainty, making strategic investments crucial.
With a bullish outlook for the crypto market in 2024, identifying turn-key projects like BlockDAG early on could be a game-changer for investors. With a robust roadmap and a projected $600 million investment for 2024, BlockDAG (BDAG) holds the potential to deliver a 5000X return for early investors.
