Significant changes are taking place in the cryptocurrency market. While Polygon and Dogecoin show signs of volatility, the new project BlockDAG demonstrates active development.
BlockDAG's Progress and Future Prospects
The BlockDAG project has started active hardware shipping in July, with sponsorship announcements in the US revealed in June. The presale is still open, and the project has hit significant targets ahead of its launch. The current batch price is $0.0020, and the remaining 16 batches bring the project closer to its $600 million goal. Over 23.1 billion tokens have been registered, and total funds raised surpass $317 million. The mainnet is live and boasts over 2 million users.
Price Movement of Polygon (POL)
Recently, a significant leadership change occurred in Polygon as Sandeep Nailwal took the CEO role at Polygon Foundation. This led to a 6% rise in POL to nearly $0.24, increasing daily trading volume by 48%. Indicators such as RSI and MACD suggest further growth may be possible, especially if POL can hold above the $0.225 mark. Analysts forecast new targets ranging from $0.2369 to $0.248.
Dogecoin (DOGE) Analysis
Dogecoin has been hovering around the $0.20 mark, registering a range between $0.189 and $0.204 in recent sessions. Indicators show indecision: RSI remains low while MACD suggests some upward potential. Support sits near $0.188, and a breakdown could lead to testing the $0.168 level. A break above $0.206 might push DOGE towards $0.22 and above.
In conclusion, Polygon and Dogecoin remain at critical price levels, while BlockDAG continues to hit real milestones. With upcoming updates and a focus on new technologies, monitoring these projects may be of interest to market participants.
