The cryptocurrency market is experiencing exciting times due to market changes and trading movements. Ethereum is facing supply issues due to the plummeting price. Meanwhile, Toncoin's price prediction remains solid. Despite market ups and downs, the increasing supply of stablecoins points to a bright future for Toncoin.
In the presale space, BlockDAG (BDAG) is approaching a major milestone of $100 million. Cryptocurrency experts suggest that now may be the best time to buy BDAG coin as its price is likely to rise soon. Early buyers can expect returns of up to 20,000x, highlighting the excitement around BlockDAG.
Ethereum faces further supply pressure as price falls
On October 11, 2024, Ethereum supply was further squeezed, and the price fell to $2,401, a drop of nearly 2% in one day. This economic downturn is part of a larger market downturn. However, the possibility of a large-scale sale by Chinese authorities poses a particular threat to Ethereum's market position.
Recently, 7,000 ETH was transferred to the trading platform from a larger confiscated stash. With this, the amount of Ethereum available on exchanges reached its highest level in three weeks. A rise in Ethereum on this exchange could lead to increased selling and influence market movements.
Toncoin price remains stable despite market fluctuations
Despite falling below the $5.20 level, the outlook for Toncoin price remains hopeful. For the past week, Toncoin has been holding the $5 support line amid widespread market selling. However, the increasing number of stablecoins on the Toncoin network shows solid fundamental strength.
Toncoin price is currently around $5.04, but the community remains optimistic. This positive outlook is supported by a 17.76% increase in supply to $194.63 million. As the market regains balance, Toncoin fans are looking forward to future improvements, especially as Telegram Mini Apps grow in popularity in the TON ecosystem.
Race for $100 million: BlockDAG's record-breaking presale surge
BlockDAG's presale is nearing the important $100 million mark, making it an important moment for potential buyers. With sales now reaching almost $99 million, this presale is setting a record for the cryptocurrency market. Demand for BDAG coins is skyrocketing.
Over 14.3 billion coins have been purchased to date, and sales continue to increase. At just $0.0206 per coin in the 24th batch, these coins are attracting avid buyers who want to start at the bottom.
This increase in purchases could indicate a significant increase in the price of future batches. For those considering BDAG, now is a great time to buy at a low price. As demand continues to increase over time, your chances of purchasing at these prices may decrease.
For those who are ready to buy, take advantage of this opportunity before the price increases. Early buyers have already achieved a profit of 1960%. According to predictions, these profits could rise even higher in future batches. This rapid growth indicates that BlockDAG's value has the potential to increase rapidly.
Market experts are predicting big profits as the pre-sale generates huge momentum. They say early backers could earn as much as 20,000 times more. This is not just wishful thinking, but highlights BlockDAG's solid foundations and bright prospects as a cryptocurrency worthy of attention.
Top cryptocurrencies of 2024
Looking at the cryptocurrency market, Ethereum’s supply issues and Toncoin’s stability show how unpredictable this space is. Purchasing these coins does not necessarily mean you will make a profit.
Apart from these, BlockDAG continues to perform well in pre-sales. It's approaching its $100 million goal and is expected to be the largest presale in history. The strong interest in BDAG coin highlights its status as the leading choice among cryptocurrencies to watch.
Learn more about BlockDAG:
Website: https://blockdag.network
Pre-sale: https://purchase.blockdag.network
telegram: https://t.me/blockDAGnetworkOfficial
discord: https://discord.gg/Q7BxghMVyu
