The post BDAG’s Presale Gains $1M Overnight! More on ARB Whales & TON Price   appeared on BitcoinEthereumNews.com.

BlockDAG CEO’s Sizzling Interview Sparks $1 Million Presale Surge Overnight, Stealing Attention From ARB Whales & TON Price Rally! Recent market trends show Toncoin (TON) struggling to maintain its bullish momentum, with prices hovering around $6.66 due to significant selling pressure. Similarly, Arbitrum (ARB), despite an increasing whale count, faces challenges, trading at $0.73 as whales accumulate undervalued tokens.  In contrast, the BlockDAG ecosystem is experiencing a massive boom following an in-depth interview with CEO Antony Turner. The presale raised an impressive $1 million in just one day, driven by the CEO’s announcement of forming a foundation to oversee the presale funds. This rapid rise and the foundation’s establishment plans further solidify BlockDAG’s position among the top 10 cryptocurrencies in the market. Toncoin Price Declines: Is a Rebound Possible? Toncoin (TON) has recently been in a crucial phase, facing a significant correction. After reaching a high, TON has been correcting, with its price currently around $6.66. This correction followed a breakdown from a long-standing support trendline, leading to a 12% decline this month alone. Despite this recent downturn, Toncoin’s market cap stands at $16.74 billion. The price action indicates the possibility of a 40% increase if a bullish trend resumes. However, caution is advised, as the market sentiment could lead to further declines, potentially pushing the price down to $5 if bearish pressures continue to dominate. Arbitrum Whales Accumulate: Bullish Breakout Imminent? Arbitrum (ARB) has seen a notable increase in whale activity, even as the token’s value declined. Currently trading at $0.73, ARB has witnessed a 10% decrease over the past 30 days. Despite this, the number of whale addresses holding significant amounts of ARB has reached an all-time high, with 10,100 addresses now in possession.  This surge in accumulation is largely due to ARB’s current undervaluation, as indicated by…

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Filed under: News - @ August 1, 2024 10:14 pm