Nigeria: Blockdag's Keynote Breakthrough With $28.4 Million Presale Lures Toncoin Holders Amid Ar Price Bullish Trend

21 May 2024
Daily Trust (Abuja)

Toncoin has experienced a staggering 500% increase in daily addresses since March and a monumental rise in its Total Value Locked (TVL) by 1,276%, indicating robust market confidence and a bullish outlook.

Similarly, Arweave, with its innovative data storage solutions, has seen its price grow by 3.94%, approaching a critical breakout point that could significantly alter its market standing. Amid these developments, BlockDAG has made an impactful entrance. Following a compelling keynote video that premiered at Tokyo's Shibuya Crossing, BlockDAG's presale dramatically surged, raising $28.4 million and selling 9.3 billion coins. This surge underscores BlockDAG's burgeoning interest and potential in reshaping the crypto transaction landscape with its novel technology.

Toncoin Holders' Key Highlights

Toncoin (TON) is capturing attention in the cryptocurrency market with its robust performance. The number of daily addresses has soared by 500% since March. In the last month alone, daily active addresses have doubled. Continued increases in address activity could significantly impact the price, as indicated by Santiment data. The rise in Toncoin's price correlates with a dramatic increase in its Total Value Locked (TVL).

According to DeFiLlama, Toncoin's TVL surged from $18.8 million at February's end to $258.8 million, marking a 1,276% increase. It recently gained support on the dYdX Chain, and HashKey Exchange announced plans to list it, gaining a huge attraction of toncoin holders. This has led to bullish sentiment about its future, with predictions suggesting a potential rise to $3.22 by the end of 2024.

AR Price Update-Bullish or Bearish?

The AR price shows a positive trend with 3.94% growth, boosting the chance for Arweave to break out above the $44 mark. Market watchers are keenly observing this cryptocurrency as it approaches a breakout opportunity.

Currently, the price stands at $40.72, indicating a bullish trend with a bullish engulfing candle in formation. Traders should be aware, though, of the bearish trend on the weekly chart, suggesting a possible double-top reversal that could drive prices below $30. On the brighter side, if AR maintains its momentum above $50, it may even climb to $65. However, it must hold above $50 to avoid falling back to $30.

BlockDAG's Keynote Video Breakthrough: $28.4M Raised in 13th Presale

BlockDAG is making waves after a keynote video unveiled the project's true scope, which impressively raised $28.4 million and sold 9.3 billion coins. The video premiered at Tokyo's bustling Shibuya Crossing successfully captured the cryptocurrency community's attention and underscored BlockDAG's burgeoning influence.

This strategic exposure at one of Tokyo's most iconic spots highlighted BlockDAG's clever marketing tactics, significantly boosting its profile in the competitive digital currency landscape. Such astute promotional efforts are crucial in establishing BlockDAG as a top investment in the cryptocurrency market.

The event also showcased BlockDAG's partnerships with leading DeFi exchanges like Bitget and CoinEx and introduced a versatile crypto payment card. Developed with prominent banking-as-a-service providers, this card allows for seamless cryptocurrency transactions and is accepted by over 38 million merchants worldwide, potentially transforming the digital payment ecosystem.

Moreover, BlockDAG has accelerated its roadmap, moving its mainnet launch forward by four months. This bold step highlights its swift development and readiness to tackle market challenges, positioning BlockDAG as a pioneering force in the crypto world and enhancing its appeal as a premier investment choice.

Key Takeaway

As we witness the rise of Toncoin and Arweave, each carving its niche in the cryptocurrency markets, BlockDAG stands out as a beacon of innovation and potential. With its groundbreaking fundraising achievements and strategic partnerships, BlockDAG is not just keeping pace but also setting new benchmarks. The introduction of its crypto payment card and the advancement of its mainnet launch are testaments to its robust strategy and market readiness.

For those looking for the best crypto for payments with promising growth and technological advancement, BlockDAG presents a compelling case. Join the revolution and explore what BlockDAG offers through its vibrant community and innovative platforms.

Join BlockDAG Now!

Website: https://blockdag.network

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