Recent growth in the cryptocurrency market has contributed to the increase in value of many altcoins. However, not all rising coins will be able to maintain their positions. This article focuses on four altcoins that stand out this week due to their achievements and significant potential.
BlockDAG: Achievements and Technology
BlockDAG is one of the leading altcoins this week, as its presale has raised $353 million, making it the largest in cryptocurrency history. Over 24 billion BDAG coins have already been sold, indicating strong activity behind the project.
Its Beta Testnet enables developers to track real-time transactions, deploy smart contracts, and verify code. Currently, more than 4,500 developers are working on 300 projects, demonstrating the seriousness of the project's intentions.
Uniswap: Signs of Growth
Uniswap (UNI) stands out among the top altcoins this week due to a significant price rebound. UNI is currently trading between $9.09 and $11.61, reflecting a 12.08% gain over the past seven days. For long-term trend analysis, the Relative Strength Index (RSI) is at 35.19, which may indicate a potential bounce.
Polygon and Polkadot: Recovery Prospects
Polygon (POL), formerly known as MATIC, is showing renewed interest with a 7.12% gain, currently ranging from $0.2288 to $0.2658. Despite a 44.59% drop over the past six months, market developments indicate potential signs of recovery.
Polkadot (DOT) also makes the list of top altcoins this week with a 9.87% increase over the week. This coin is trading between $3.98 and $4.81, indicating a possible market turnaround.
In recent weeks, BDAG, UNI, POL, and DOT have shown various signs of growth and recovery, each having its strengths. The future remains uncertain for many altcoins, but current trends inspire optimism for their further development.
