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

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The post Should You Invest in Solana or Polygon at Current Prices? Experts Predict New Crypto on Blast Can Outperform Both appeared first on Coinpedia Fintech News

In the realm of cryptocurrency, the choice between investing in established coins or emerging ones can be a pivotal decision. Solana and Polygon have both carved out significant positions in the market. But experts are shining a light on a new player with the potential to outshine these established coins. As the bull run of 2024 continues, the industry watches closely. This article delves into the arguments for investing in either Solana or Polygon and examines how the newcomer could potentially surpass them.

BlastUP Presale Ends in Few Weeks, Last Chance to Buy Cheap

BlastUP presale has sparked avid interest among crypto enthusiasts, reaching $5 million in record low time. Over 12,000 savvy investors have already bought BlastUP tokens before their value skyrockets.

The presale runs until the end of May, so there is some time to boost your crypto holdings with BlastUP, the asset poised for explosive returns of up to 1000%. Currently sold at a few US cents, BlastUP tokens are projected to reach $10 by the end of this year.

Holders of BlastUP tokens may benefit from a number of privileges including participation in an Airdrop , exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.

BlastUP stands out from the crowd in the crypto world. Backed by Blast, the sixth largest blockchain by TVL, it offers genuine utility as a launchpad for DApp ventures. With its motto Grow faster, earn more, BlastUP is dedicated to propelling the success of blockchain startups. Those who join BlastUP now become part of a project poised to become the next big thing in this bull run.

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

Solana Slides But Holds Long-Term Gains

Solana’s price has seen a drop, currently ranging between $127.30 and $154.40. In just one week, the coin fell almost 20%, and over the past month, it has decreased by more than 38%. However, looking back six months paints a brighter picture, with an increase of over 209%. The RSI, at 46.63, shows SOL is not in the overbought or oversold territory, and with the MACD showing a negative level, it suggests the price trend could be in a corrective phase. Despite recent declines, if it pushes past $170.79, the next hurdle would be near $197.89, while a fall may find support at $116.59, or even $89.49 if the downtrend continues.

Polygon Price Trend: A Closer Look at MATIC Movements

Polygon (MATIC) is moving between $0.68 and $0.76 right now. It faced an 8.92% drop last week and a steep 33.80% fall over the past month. Despite the recent drops, it has a slight 0.61% gain over the last six months. The coin is below both the 10-day average of $0.66 and the 100-day average of $0.70. Looking at these numbers, MATIC appears to be in a phase of correction rather than a strong, impulsive move. The resistance and support levels suggest a potential for some short-term bounce, but the movement is more sideways than strongly up or down.

Conclusion

Investing in SOL or MATIC may not offer as much short-term potential as some experts suggest. Instead, the new crypto, BlastUP, is poised to outperform both. This is because BlastUP offers a unique concept and benefits from being part of the promising Blast ecosystem. Given the current bull run, BlastUP is seen as having the highest potential among these options.

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