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BlockDAG: The Best Crypto for the Future, Outshining ADA and MATIC

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Release: 2024-09-13 09:05:09
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The crypto market is showing signs of a turnaround, and while Cardano (ADA) and Polygon (MATIC) are still underpriced and popular as “buy the dip”

BlockDAG: The Best Crypto for the Future, Outshining ADA and MATIC

The crypto market is showing signs of a turnaround, with some tokens, like BlockDAG, experiencing a massive surge in interest and early investors seeing returns of up to 1680%. Here's a closer look at the latest developments in the crypto world.

BlockDAG, a BlockDAG protocol, has raised over $72.5 million in its early presale stages. As the launch of its Testnet and blockchain Explorer approaches on September 20, 2024, BlockDAG is emerging as a strong contender in the tier 1 blockchain race.

Cardano (ADA) has been a staple in many portfolios, but its momentum has slowed, leaving investors questioning its future. Despite the uncertainties, there’s growing optimism that the market cycle could soon shift, prompting a renewed interest in ADA.

As the market prepares for an upswing, the Cardano (ADA) forecast shows potential for a comeback. Although its momentum has waned, Cardano’s long-term prospects remain intact, making it a project worth considering for those looking to diversify their investments.

Polygon (MATIC), Ethereum’s scaling solution, has seen a decline in network activity since the broader market correction in March. Active addresses dropped from 1.6 million to 700,000 by late August, and daily transactions fell from over 5 million to around 3 million.

However, a recent spike in on-chain activity suggests a potential turnaround, with a notable increase in active addresses and dormant token movements. With upcoming network upgrades and exchange support for the migration from MATIC to POL tokens, there’s a chance for recovery.

BlockDAG Gets Ready for Leap into Test Era

What makes a crypto network succeed? Vision and technology turns up as the most common answer. And BlockDAG is gearing up for a significant milestone in the direction of success with the launch of its Testnet and blockchain Explorer on September 20, 2024.

This event marks a crucial step towards the Mainnet release and provides the community with an exciting opportunity to experience the network’s capabilities firsthand. The Testnet will feature a blockchain Explorer, a faucet for minting BDAG coins, MetaMask wallet integration, and support for smart contracts, allowing users to fully explore and interact with the BlockDAG ecosystem.

The functionalities offered on the Testnet, such as detailed block viewing, transaction tracking, and real-time updates, highlight BlockDAG’s commitment to transparency and user engagement. With full EVM support, developers can test smart contracts, mint NFTs, burn or stake tokens, and more - all within a single network.

As BlockDAG continues its presale, currently in its 22nd batch at $0.0178 per BDAG, the project has already raised an impressive $72.5 million. Early backers have seen impressive returns, with some reaching up to 1680%.

This upcoming testnet launch on September 20, 2024, solidifies BlockDAG’s path to becoming a tier 1 network. The launch will showcase the network’s capabilities, positioning BDAG as a top-tier asset and the best crypto for the future, outshining traditional choices in the Cardano (ADA) forecast and Polygon (MATIC) price prediction.

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