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Should You Invest in Solana or Polygon at Current Prices? Experts Predict New Crypto on Blast Can Outperform Both

Release: 2024/05/04 17:06 Reading: 498

Original author:Coinpedia Fintech News

Original source:https://coinmarketcap.com/community/en/articles/6633c7ac968e4e5e37c07188

Should You Invest in Solana or Polygon at Current Prices? Experts Predict New Crypto on Blast Can Outperform Both

In the cryptocurrency realm, the choice between established coins and emerging ones is crucial. Solana and Polygon have established significant market positions, but experts are highlighting a new player with the potential to surpass them. As the bull run of 2024 continues, the industry is paying close attention. This article examines the arguments for investing in Solana or Polygon and explores how the newcomer could potentially outperform both.

BlastUP Presale Ends Soon, Last Chance to Buy Cheap

The BlastUP presale has generated significant interest, raising $5 million in record time. Over 12,000 investors have acquired BlastUP tokens before their value escalates.

The presale concludes at the end of May, providing an opportunity to enhance your crypto portfolio with BlastUP, an asset poised for explosive returns of up to 1000%. Currently priced at a few US cents, BlastUP tokens are projected to reach $10 by year-end.

BlastUP token holders enjoy exclusive benefits, including participation in Airdrop, loyalty rewards for IDO participation, and interest earning through staking.

BlastUP distinguishes itself in the crypto realm by being backed by Blast, the sixth largest blockchain by TVL. It provides genuine utility as a launchpad for DApp ventures. With its motto "Grow faster, earn more," BlastUP aims to propel the success of blockchain startups. Joining BlastUP now positions investors in a project poised to become the next big thing in this bull run.

>> Time is Running Out – Buy $BLP Before May Ends! <<

Solana Slides But Retains Long-Term Gains

Solana's price has declined, ranging between $127.30 and $154.40. In the past week alone, the coin has lost almost 20%, and over the past month, it has decreased by more than 38%. However, a six-month perspective reveals a brighter picture, with an increase of over 209%. The RSI of 46.63 indicates that SOL is not overbought or oversold, while the negative MACD suggests a corrective price trend. Despite recent declines, a push above $170.79 could lead to resistance at $197.89, while a fall may find support at $116.59 or even $89.49 if the downtrend persists.

Polygon Price Trend: Analyzing MATIC Movements

Polygon (MATIC) is currently trading between $0.68 and $0.76. It has experienced an 8.92% decline in the past week and a significant 33.80% drop over the past month. Despite these recent losses, it has gained a modest 0.61% over the past six months. The coin is trading below both the 10-day average of $0.66 and the 100-day average of $0.70. These indicators suggest that MATIC is in a corrective phase rather than a strong, impulsive move. The resistance and support levels indicate potential short-term bounce, but the overall movement is more sideways than strongly up or down.

Conclusion

Investing in SOL or MATIC may not offer the same short-term potential as suggested by some experts. Instead, the new cryptocurrency, BlastUP, is poised to outperform both. BlastUP offers a unique concept and benefits from being part of the promising Blast ecosystem. In the current bull run, BlastUP is considered to have the highest potential among these options.

Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io

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