The post Ethereum Traders Lose, Toncoin Set to Rally, BlockDAG’s Bonus Ending appeared on BitcoinEthereumNews.com.

Disclaimer: The information presented in this article is part of a sponsored/press release/paid content, intended solely for promotional purposes. Readers are advised to exercise caution and conduct their own research before taking any action related to the content on this page or the company. Coin Edition is not responsible for any losses or damages incurred as a result of or in connection with the utilization of content, products, or services mentioned. The start of the fourth quarter has been anything but boring. Ethereum traders faced a rocky start to October, with millions in liquidations due to volatile market conditions. Toncoin, on the other hand, is showing potential, with bullish predictions suggesting it could see an impressive rally soon. But BlockDAG is where traders are rushing with only 10 days left in their 50% bonus offer. The recent Testnet launch and upcoming rebranding have drawn attention, and early adopters are already seeing asset value increases. BlockDAG’s presale has raised over $83 million, with projections of 30,000x ROI for traders getting involved now. Ethereum (ETH) Traders See $96 Million in Losses Ethereum (ETH) traders faced a tough start to October, with $96 million in long positions liquidated due to heightened market volatility. Escalating tensions in the Middle East contributed to a sharp downturn across the crypto market, leading to the forced closure of many trades. Some traders remain optimistic, as positive funding rates indicate continued demand for long positions. However, technical indicators suggest Ethereum’s price may drop further, with potential support at $2,112 if selling pressure persists. Ethereum traders are watching closely to see if the market stabilises or if more bearish momentum will take control. Toncoin Price Prediction Looks Bullish Toncoin price prediction suggests that TON could reach $6.503 soon due to a tightening market supply and increasing positive momentum. Toncoin has…

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Filed under: News - @ October 5, 2024 11:23 am