Polygon and NEAR Protocol Users Face Hard Times, While BlockDAG Hits New Highs

Both Polygon and NEAR Protocol users have faced hard times. Recently, Polygon’s price fell, and 81% of its long-term users saw an average loss of 37%

Polygon users might have faced some tough times, as the network's native token, MATIC, has seen a significant drop in value over the past year. According to data from CoinGecko, MATIC began 2023 trading at $0.46. However, by early October, the token had fallen to $0.38 — a decrease of about 17%.

Those who purchased MATIC at its peak in March 2023, when it reached a high of $1.29, would have experienced unrealized losses of up to 70%. The price drop and lower trading volumes have also impacted users who bought the token during its 2021 bull run.

However, despite the price跌幅, some users remained optimistic about Polygon's future growth, particularly following the launch of Polygon zkEVM. The Layer 2 network also prepared for the upcoming Polygon ID, a decentralized key management solution.

81% of Long-Term Polygon Users Saw an Average Loss of 37%

As BlockDAG presale nears $92 million, powered by big buyers, let's take a closer look at some key highlights:

BlockDAG recently hit a new high, gathering $10 million in just 72 hours during its presale. This rapid surge in buying activity, largely driven by large-scale buyers, has pushed the total presale figure to nearly $92 million.

Adding to the excitement is the recent launch of the BlockDAG Explorer, which has generated substantial interest from blockchain developers. The Explorer provides deeper visibility into BlockDAG's structure and use cases, including real-time activity tracking, EVM support, and smart contract capabilities.

The 23rd presale batch was quickly snapped up by large-scale buyers, bringing the total buying activity to peak levels once again. Those who joined early have already witnessed a growth of 1960% across just 24 batches, as the price increases to $0.0206 in the 24th batch.

According to experts, if BlockDAG maintains this momentum, its price could potentially reach $20 by 2027. Keen traders who are hoping to capitalize on these expected gains are advised to consider joining the BlockDAG presale, which is quickly attracting attention.

With over half of the presale batches already released, the available supply is shrinking rapidly. This brisk sell-out is a testament to the major stakeholders'信心 in BlockDAG's potential to emerge as a future leader in the crypto space. This combination of strong presale results and technological innovation has positioned BlockDAG among the highest-rated cryptos today.