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Crypto Reporter

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

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Best Long-Term Crypto Investments: Toncoin and PEPE Surge, BlockDAG Shines with CoinMarketCap Debut

May 31, 2024 By Crypto Reporter

In the cryptocurrency landscape, Toncoin and PEPE are capturing attention with their upward trends. Toncoin (TON) is setting ambitious price targets, while major investments in PEPE are boosting market enthusiasm. Amid these developments, BlockDAG is emerging as the premier long-term investment. Its recent recognition on CoinMarketCap and a promotional event at London’s Piccadilly Circus underscore its growing stature and market confidence in its future.

Toncoin (TON) Price Rises After Major Investment

Toncoin has recently experienced notable growth, driven by a significant investment from Pantera Capital. Following this, TON’s price surged by over 11%, with trading volume hitting $181.87 million, a rise of 15.36%. The simple moving average (SMA) on the daily chart supports this upward momentum.

Despite a market downturn in April, where Toncoin’s value dropped by 36.55%, it has rebounded well. Analysts suggest that if this trend continues, Toncoin might soon reach resistance levels of $6.350 and potentially $7.250. However, a bearish market could see a drop to support levels at $5.50 or even $4.60.

PEPE Coin News: Major Whale Purchase Attracts Attention

PEPE coin gained the spotlight after a cryptocurrency whale invested $10.4 million, acquiring 1.238 trillion tokens. This significant activity was noted by the crypto analytics firm Spot On Chain, which highlighted two large transactions involving this investor.

Although PEPE saw a minor decrease of 1.2% in the past 24 hours, it has risen by 29.70% over the last month. Currently, PEPE is priced at $0.000008532, with strong market sentiment supported by a steady position above the 50-day SMA and a healthy Relative Strength Index of 62.78, indicating solid investor confidence.

BlockDAG: Leading Candidate for Best Long-Term Crypto Investment

BlockDAG has quickly become a focal point in the cryptocurrency market with a successful $38 million presale, demonstrating strong investor support and confidence. With over 10.3 billion coins sold in its 16th presale batch, priced at $0.0095, BlockDAG’s performance strongly indicates its potential as the best long-term crypto investment.

Celebrating its CoinMarketCap listing and a promotional display in London’s Piccadilly Circus, BlockDAG has effectively increased its visibility and affirmed its competitive ambitions in the cryptocurrency sector.

The imminent release of the X1 miner app on June 1st highlights BlockDAG’s dedication to innovation. This app will allow smartphones to function as mining devices, optimizing energy and data use. With plans for a mainnet launch within the next six months, BlockDAG is positioning itself as a leading blockchain technology contender.

Why BlockDAG Is the Superior Choice

Despite the positive trends and significant investments in Toncoin and PEPE, BlockDAG consistently emerges as the leading long-term cryptocurrency investment. Its strategic promotional activities and substantial presale success underscore its appeal and growth prospects in the market. With advanced technological foundations and innovative mining solutions, BlockDAG remains the preferred choice for investors seeking a dependable and promising cryptocurrency investment.

Join BlockDAG Presale Now:

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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