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Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

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Biggest Presale In History: BlockDAG Hits Another Record with $4M in a Day; Polkadot Analysis & Toncoin Price Surge

October 6, 2024 By CryptoReporter

Thinking of investing in Polkadot? Right now might not be the best time. Recent geopolitical tensions have hit many altcoins hard, and Polkadot analysis indicates a 14% drop in price this week alone.

What’s happening with TON recently? Toncoin transactions are booming, thanks to a spike in decentralised exchange activity. This increase is reflected in a subtle price rise and more activity on TON-based platforms.

Meanwhile, the presale market is on another level, especially for BlockDAG. Now deemed the biggest presale of the decade. BlockDAG set a record by raising $4 million in just 24 hours and has now amassed $88 million. With massive developments over the past few months fueling this surge. The current batch is closing soon, with another price surge expected.

Polkadot’s Performance: Deep Insights Data and Analysis

Polkadot analysis shows that like many altcoins, Polkadot (DOT) has faced market downturns recently. Just this week, geopolitical tensions have driven its price down by over 14%, dropping to $4.04. One key on-chain metric is the number of daily active users, which has grown by more than 25% in the past year.

Continuing Polkadot analysis, it’s evident the cryptocurrency might be nearing the end of an accumulation phase. This hints at a potential breakout. The technical patterns suggest that DOT could soon exit a long-standing falling wedge pattern. This Polkadot analysis does not suggest immediate investment. However, it offers a clear picture of its current market standing and growth trajectory.

Toncoin Activity: A Look at Recent Transaction Trends

The TON network is seeing a notable increase in decentralised exchange (DEX) activity, which could positively affect Toncoin’s price. Platforms like STON.Fi are performing exceptionally well, managing an impressive 90% of market transactions. Started by Telegram’s co-founder Nikolai Durov, TON has become a preferred hub for financial applications.

Toncoin’s price has increased by 2.2% over the past week, reaching $5.62, with analysts noting a rise in new addresses and transactions on TON-based DEXs. This boost in activity follows Toncoin’s recent stabilization, indicating a growing interest. Additionally, Toncoin has reached an important support level at $4.5, a promising indicator for potential price rebounds.

BlockDAG Shatters Records: $4M in Just 24 Hours!

BlockDAG has quickly become a standout name in the crypto market. Imagine making a record by pulling in $4 million within a single day! That’s what BlockDAG did, and it didn’t stop there. Their total presale now sits at an impressive $88 million and is fast approaching the $100 million mark. Why is this happening? Thanks to massive developments such as the testnet launch and a generous 50% bonus. The excitement around BlockDAG is building fast.

As each new presale batch is released, the value of BDAG coins continues to climb. This steady increase is fantastic news for early buyers. Think about it—starting from just $0.001, the coin value has soared to $0.0206. That’s an astonishing 1960% ROI for those who got in at the ground level. Now, that’s a gain worth talking about!

With the next batch on the horizon, another jump in price seems inevitable. The demand for BDAG coins is through the roof, driving prices up with each new release. It’s a pattern that keeps potential buyers on their toes, waiting for the next big surge.

Why are crypto enthusiasts so drawn to BlockDAG? BlockDAG has positioned itself as the biggest presale of the decade. Analysts are predicting massive returns for early BDAG holders. With projections showing the coin might reach $20 by 2027, it’s no wonder BlockDAG is considered a top crypto to buy in 2024.

A Closer Look At Top Crypto to Buy

As we’ve seen, Polkadot is currently facing challenges, with its price recently dropping. Meanwhile, Toncoin shows promise as transactions on its DEXs increase. Yet, BlockDAG truly stands out in the presale market. It is rapidly nearing a $100 million milestone. Each batch release suggests a further coin value surge as the demand is high. BlockDAG has made the biggest boom in crypto presale history by reaching $88M. It’s well-positioned as the top crypto to buy in 2024.

Discover More About BlockDAG:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News Tagged With: BlockDAG

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