This article reviews the recent price changes of cryptocurrencies Polkadot (DOT) and PI Coin, as well as the upcoming BlockDAG demo that could change mining approaches.
Price Momentum of Polkadot (DOT)
This week, Polkadot (DOT) price surged by 14.97%, reaching $4.20 due to the project’s technical advancements. Gavin Wood's proposal to switch the network to a Proof of Personality system could lower validator costs by $400 million per year. The prospect of a DOT-pegged stablecoin has also boosted investor confidence.
PI Coin Price and Recovery Potential
The price of PI Coin currently stands at around $0.44, significantly lower than past levels. Key factors include slow ecosystem growth and limited availability on major exchanges. However, recovery is not entirely off the table if new trading listings are acquired, which could help regain lost ground. Initiatives like Pi AI Studio and Pi Domains contribute to creating real-world functionality.
BlockDAG's Mining Demo and New Opportunities
This week, BlockDAG announced a demo of its X1 mobile miner paired with the X10 hardware, promising revolutionary changes to the mining approach. The presentation will showcase the potential for increasing rewards by up to 10 times when using this combination. This demo is aligned with the planned global launch on August 11 and accompanies a successful presale period.
In summary, Polkadot is showing steady growth, while PI Coin may aim for recovery through new listings. BlockDAG captures attention with its innovation in mining technology and the anticipated launch.
