Polkadot Investment, BDAG Presale Surge, and Ripple vs SEC Drama

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The crypto world is buzzing with massive strikes and key questions: which crypto do you have to put money into, and which do you have to keep away from? This week, three cryptocurrencies—BlockDAG, Ripple (XRP), and Polkadot (DOT)—are grabbing consideration. Ripple is anxiously ready to see if the SEC will file an enchantment in its ongoing authorized battle, whereas Polkadot makes a daring advertising transfer with its funding in Token2049.

In the meantime, BlockDAG has made waves with its limited-time 50% bonus supply, which wraps up in simply 8 days. This has sparked main curiosity locally, with many keen to leap in earlier than the October 14th deadline. The presale has additionally surged, pulling in $4 million in simply 24 hours, pushing the overall to over $88 million. With 13.8 billion cash bought and a serious rebranding on the horizon, BlockDAG is attracting loads of hypothesis about its future development.

Ripple (XRP) News: Will the SEC Lose Its Appeal?

Ripple’s (XRP) legal struggle with the SEC continues to create uncertainty, especially as the SEC hints at an appeal over Judge Torres’s July 2023 ruling. The SEC argues that the court misinterpreted the Howey Test, particularly around XRP’s programmatic sales.

Ripple has secured some wins, however an enchantment may stretch the case out till 2025. Professional-XRP legal professional John Deaton believes Ripple has the stronger case, particularly regarding secondary gross sales and the widespread enterprise argument. Nonetheless, the crypto group is watching intently as Ripple stays hopeful that it’ll prevail in what might be a landmark case for the trade.

Polkadot’s $400K Wager on Token2049: Will It Pay Off?

This week, Polkadot turned heads by investing practically $400,000 as a Platinum Sponsor for the Token2049 occasion in Singapore. The intention was to spice up Polkadot’s visibility within the blockchain group, however the influence on its native token, DOT, has been underwhelming. At present buying and selling round $4.62, DOT hasn’t seen a lot motion regardless of this massive advertising push.

Earlier this yr, DOT briefly surged above $11 however has struggled to keep up momentum. Now, the Polkadot group is questioning whether or not such an enormous funding in advertising will ship long-term development for the platform and its ecosystem.

Solely 8 Days Left – BlockDAG’s 50% Bonus Nearly Over!

BlockDAG’s presale has hit a serious milestone, elevating $4 million in simply 24 hours, bringing the overall to over $88 million. This speedy fundraising coincides with the ultimate 8 days of its 50% BDAG bonus supply, which expires on October 14th. The limited-time supply has intensified demand for BDAG cash, now priced at $0.0206, with 13.8 billion cash bought throughout 24 presale batches.

The presale’s momentum is supported by the excitement round BlockDAG’s upcoming rebranding, which features a new web site and platform launch. These initiatives are anticipated to considerably improve the community’s enchantment, drawing in additional consumers.

With the 50% bonus ending quickly, merchants are wanting to benefit from this chance. Analysts are preserving a detailed eye on BlockDAG, which is approaching the $100 million milestone. Some predict that the presale may hit its $600 million exhausting cap inside months. The mixture of the presale bonus and the upcoming rebranding has fueled pleasure, with early adopters probably in line for vital worth will increase.

Which Crypto Is the Finest Purchase Proper Now?

There’s by no means a uninteresting second in crypto. Ripple’s (XRP) ongoing authorized battle with the SEC leaves merchants on edge, ready to see if the enchantment will go ahead. In the meantime, Polkadot’s hefty funding in Token2049 has the group questioning if this advertising effort will result in actual features for DOT.