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The crypto world is buzzing with big moves and key questions: which crypto should you invest in, and which should you avoid? This week, three cryptocurrencies—BlockDAG, Ripple (XRP), and Polkadot (DOT)—are grabbing attention. Ripple is anxiously waiting to see if the SEC will file an appeal in its ongoing legal battle, while Polkadot makes a bold marketing move with its investment in Token2049.
Meanwhile, BlockDAG has made waves with its limited-time 50% bonus offer, which wraps up in just 8 days. This has sparked major interest in the community, with many eager to jump in before the October 14th deadline. The presale has also surged, pulling in $4 million in just 24 hours, pushing the total to over $88 million. With 13.8 billion coins sold and a major rebranding on the horizon, BlockDAG is attracting plenty of speculation about its future growth.
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, but an appeal could stretch the case out until 2025. Pro-XRP attorney John Deaton believes Ripple has the stronger case, especially concerning secondary sales and the common enterprise argument. However, the crypto community is watching closely as Ripple remains hopeful that it will prevail in what could be a landmark case for the industry.
Polkadot’s $400K Bet on Token2049: Will It Pay Off?
This week, Polkadot turned heads by investing nearly $400,000 as a Platinum Sponsor for the Token2049 event in Singapore. The aim was to boost Polkadot’s visibility in the blockchain community, but the impact on its native token, DOT, has been underwhelming. Currently trading around $4.62, DOT hasn’t seen much movement despite this large marketing push.
Earlier this year, DOT briefly surged above $11 but has struggled to maintain momentum. Now, the Polkadot community is questioning whether such a big investment in marketing will deliver long-term growth for the platform and its ecosystem.
Only 8 Days Left – BlockDAG’s 50% Bonus Almost Over!
BlockDAG’s presale has hit a major milestone, raising $4 million in just 24 hours, bringing the total to over $88 million. This rapid fundraising coincides with the final 8 days of its 50% BDAG bonus offer, which expires on October 14th. The limited-time offer has intensified demand for BDAG coins, now priced at $0.0206, with 13.8 billion coins sold across 24 presale batches.
The presale’s momentum is supported by the buzz around BlockDAG’s upcoming rebranding, which includes a new website and platform launch. These initiatives are expected to significantly enhance the network’s appeal, drawing in more buyers.
With the 50% bonus ending soon, traders are eager to make the most of this opportunity. Analysts are keeping a close eye on BlockDAG, which is approaching the $100 million milestone. Some predict that the presale could hit its $600 million hard cap within months. The combination of the presale bonus and the upcoming rebranding has fueled excitement, with early adopters potentially in line for significant value increases.
Which Crypto Is the Best Buy Right Now?
There’s never a dull moment in crypto. Ripple’s (XRP) ongoing legal battle with the SEC leaves traders on edge, waiting to see if the appeal will go forward. Meanwhile, Polkadot’s hefty investment in Token2049 has the community wondering if this marketing effort will lead to real gains for DOT.
In contrast, BlockDAG stands out with aggressive whales pushing its presale to $100M rapidly, featuring a limited-time 50% bonus offer that’s set to end in 8 days, on October 14th. This bonus offer has generated a lot of interest, with the presale raising an impressive $4 million in just 24 hours, pushing the total to over $88 million. As the deadline approaches, BlockDAG’s momentum is hard to ignore, making it one to watch closely.
Learn About BlockDAG – Act Now Before Prices Increase:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
Source: https://finbold.com/blockdags-4m-presale-surge-in-just-24-hours-is-hijacking-all-crypto-news-ripple-awaits-sec-decision-polkadot-at-risk/