DeFi
Influencers support BlockDAG as Toncoin and Ethereum flourish in the crypto world » The Merkle News
Crypto Influencers Rally with BlockDAG, Trigger $46.8M Presale as Toncoin Price Rises and Ethereum’s DeFi Ecosystem Grows
Toncoin has seen a significant increase in price and trading volume, surpassing Cardano in terms of market capitalization. At the same time, Ethereum’s DeFi sector has been growing steadily since the Terra/Luna crash of 2021. BlockDAG (BDAG) is being hailed as the next big thing in the crypto world, drawing attention to its potential to become a major player.
The BlockDAG presale has already raised over $46.8 million through the sale of 11.2 billion coins, attracting the attention of many crypto enthusiasts. Influencers predict a 30,000x ROI and a price of $10 by 2025, making BlockDAG a serious contender in the layer 1 blockchain space.
The remarkable price rise of Toncoin
Toncoin has recently seen a notable increase in price and trading volume, surpassing Cardano in terms of market capitalization. Over the past month, the price of Toncoin has risen sharply. The relative strength index (RSI) shows that it is approaching the overbought range, which could mean that further price increases are on the horizon.
If this bullish momentum continues, Toncoin could break its current resistance level and aim for its previous all-time high. However, if a downtrend is established, the price could return to its support level. Investors are closely monitoring these movements to make informed decisions.
Rapid growth of the Ethereum DeFi sector
Ethereum’s DeFi ecosystem is experiencing meteoric growth, with activity and capital inflows reaching $108 billion, marking a significant milestone since the Terra/Luna downturn in 2021. Growing interest in Ethereum ETFs is helping this push, offering investors a way to engage in DeFi without needing to bet on returns.
Vitalik Buterin, co-founder of Ethereum, highlighted the role of Layer 2 networks in fostering a diverse and resilient community. He believes that Ethereum’s proactive stance in addressing challenges will ultimately benefit everyone, even if it causes friction between different community groups. This dynamic growth prepares Ethereum’s DeFi sector for a bright future.
BlockDAG gains momentum thanks to influencer support
Prominent crypto influencers are putting BlockDAG in the spotlight, highlighting its potential to revolutionize the cryptocurrency market. These influencers highlight the innovative characteristics of the project and its potential for significant return on investment, which strengthens investor confidence.
A well-known influencer, CryptoDexWorld, recently discussed the promising future of BlockDAG in a video, highlighting the potential for 30,000x returns. As the presale progresses rapidly and brings in over $46.8 million from the sale of 11.2 billion coins, BlockDAG is gaining traction among investors and crypto enthusiasts. The presale is currently on its 17th batch, with the coin priced at $0.011. Experts predict that BlockDAG could reach a price of $10 by 2025, strengthening its position as a leading cryptocurrency.
Influencers highlighted a notable feature of BlockDAG: its new payment card, developed in collaboration with top banking-as-a-service providers. This card allows users to spend BDAG coins and other cryptocurrencies like Bitcoin without long transaction approval times or complex KYC processes. It is accepted by 38 million merchants worldwide and showcases BlockDAG’s commitment to innovation and user convenience.
Final Thoughts
Based on technical analysis, Toncoin is rising and if the momentum maintains, it can break through its resistance level and return to its high. At the same time, the Ethereum co-founder emphasizes that the platform’s proactive approach to addressing challenges will generate collective benefits, even if it triggers conflicts within the community.
However, by 2025, BlockDAG is expected to have made a big difference thanks to its rapid progress in pre-sales and strong support from prominent figures in the cryptocurrency community. With $46.8 million raised in just 17 pre-sale batches and a potential 30,000x ROI, BlockDAG is poised to become a game-changing layer 1 blockchain cryptocurrency. The excitement around BlockDAG is palpable and early investors are eagerly awaiting substantial returns.
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Disclosure: This is a sponsored press release. Please do your research before purchasing any cryptocurrency or investing in any project. Read the full disclosure here.