The post BlockDAG Network’s 1120% ROI Hike Attracts Millions To Presale Amind Litecoin Price Decline & Toncoin TVL News appeared on BitcoinEthereumNews.com.

BlockDAG is revolutionizing the crypto market with its impressive presale, raising over $46.8 million and experiencing an 1120% surge in value. While Toncoin (TON) celebrates surpassing $300 million in Total Value Locked (TVL), and Litecoin (LTC) grapples with a significant price decline, BlockDAG’s innovative roadmap and strategic partnerships make it stand out. Amidst these varied developments, BlockDAG’s advanced technology and strong market presence position it as the premier investment opportunity for 2024, offering unmatched growth potential and solidifying its place as a leader in the crypto space. Toncoin Sees Significant Price Surge Amid Growing Investor Confidence Toncoin, a layer-1 blockchain associated with Telegram, has seen a significant price increase, rising to over $6.30. Following recent market trends, Toncoin’s price reached $6.41, marking a 1.55% increase in the past 24 hours. The market capitalization of Toncoin has grown to approximately $15 billion, up from $36 billion to $45 billion, reflecting a 1.19% increase. Trading volume has surged by 34% in the last 24 hours, with a circulating supply of 106,425,000 TON, valued at $186.71 million. This uptick in volume indicates a rising number of investors entering the market. According to DefiLlama, Toncoin’s trading volume has risen to $22.15 million, indicating active trading. Additionally, the total value locked (TVL) in Toncoin has surpassed $345 million, showcasing robust investor confidence and activity within the Toncoin network. Why Litecoin (LTC) Isn’t a Strong Buy Right Now Litecoin (LTC) has faced a significant 30% drop in early April, and its recovery has been slow. Many investors seem to be opting for a more bearish approach, looking to sell before incurring further losses. The Market Value to Realized Value (MVRV) ratio for Litecoin is currently at 11%, indicating potential profit-taking and likely selling pressure. Historically, corrections occur when MVRV is between 10% and 24%. Additionally, Litecoin’s…

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Filed under: News - @ June 11, 2024 4:06 am