The crypto market has seen a flurry of activity this week with a few cryptos undergoing key updates.
Polygon has recently transitioned from MATIC to POL. This new token is crucial to Polygon’s PoS structure and might be the key to its growth in the RWA sector. Meanwhile, Notcoin struggling through a bearish phase, raising concerns that NOT might plummet to its all-time low of $0.005.
On the other hand, BlockDAG has been dominating crypto news cycles with its high-profile partnerships and the $75 million raised in its live presale. To add to the excitement, BlockDAG is offering an exclusive 50% bonus on BDAG holdings for users who apply the special key BDAG50 at checkout, available until October 14th. This promotion coincides with rumors that the network is up for a listing on crypto’s leading exchanges.
Polygon PoS: POL Gives An RWA Boost
Polygon’s transition from MATIC to POL has been critical in driving the network’s growth in the tokenization of real-world assets (RWAs) sector. As the native gas and staking token, POL is central to Polygon’s Proof of Stake (PoS) blockchain, which is gaining traction among financial institutions for on-chain adoption and liquidity in decentralised finance (DeFi).
Institutions like Franklin Templeton have embraced Polygon’s PoS to tokenize RWAs and conduct on-chain transfers. Despite this, POL remained 85% below its all-time high. However, the upgrade has strengthened Polygon’s position, offering new liquidity sources and signalling intriguing long-term prospects.
Notcoin’s Price Prediction: $0.005 Plunge Ahead?
Notcoin (NOT) is facing a challenging phase during a persistent bearish trend. The coin has struggled to break a descending resistance line since July 20. Despite a recent 4% price increase, its network activity declined significantly, with daily active addresses down by 17% and new addresses by 16%.
A major drop in whale activity also contributed to the negative sentiment, with transactions between $100,000 to $1 million falling by s shocking 92%. These declines have raised major concerns, indicating that Notcoin may revisit its all-time low of $0.005.
BlockDAG’s Exclusive BDAG50 Bonus Offer to Celebrate Rebranding
BlockDAG commands attention with an exclusive offer: a 50% bonus on BDAG holdings by using the special key BDAG50 at checkout, available until October 14th. This promotion celebrates the successful Testnet launch and the significant progress of the presale. Additionally, the launch of the new website and platform on October 14th marks a critical milestone. Stakeholders are urged to capitalize on this limited-time opportunity.
BlockDAG, the leading Layer-1 crypto, has raised an incredible $75 million in its live presale—one of the most successful in crypto history—and is poised to add yet another gem to its crown. The network has firmly established itself as a blockchain innovator, rivalling major crypto giants like Bitcoin and Kaspa with its cutting-edge DAG structure, which redefines scalability and supports parallel transactions. This, paired with its roster of high-profile partnerships, including Borussia Dortmund and Inter Milan, and a potential Premier League deal, positions BlockDAG to knock off another important crypto milestone—a major exchange listing.
A listing with top crypto exchanges would boost BlockDAG’s market presence tenfold, reinforcing its legitimacy and reputation amongst traders. The reach extended by these platforms also increases BlockDAG’s visibility and liquidity, allowing traders worldwide to engage with the coin. The result? An upsurge in trading volume and a sharp increase in value. This is an ideal time for prospective holders to join one of the future’s leading crypto networks. The backing of major exchanges solidifies BlockDAG’s credibility and market standing, paving the way for even greater achievements.
As BlockDAG eyes this next milestone, analysts predict the coin’s price could reach $30 by 2030. The network’s early holders have already seen an appreciation of 1820% in the value of their holdings in just 22 batches.
Final Thoughts
While Polygon faces challenges its transition to POL signals potential in the tokenised assets sector. Simultaneously, Notcoin’s bearish phase has cast anxiety amongst its holders, with fears of a possible drop to its all-time low.
In contrast, BlockDAG’s record-breaking presale, innovative technology, and elite partnerships establish it as the most popular cryptocurrency on the market. With the exclusive BDAG50 bonus offer providing a 50% boost on holdings, traders have an added incentive to join the momentum before the promotion ends on October 14th.
Discover More About BlockDAG:
- Website: https://blockdag.network
- Presale: https://purchase.blockdag.network
- Telegram: https://t.me/blockDAGnetworkOfficial
- Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.