

Recent market trends show Toncoin (TON) struggling to maintain its bullish momentum, with prices hovering around $6.66 due to significant selling pressure.
BlockDAG, a promising cryptocurrency venture, has recently garnered attention with its impressive presale performance, which has seen the token surge by 1600%. In contrast, two other cryptocurrencies, Toncoin (TON) and Arbitrum (ARB), have faced challenges in maintaining momentum.
Recent market trends show Toncoin (TON) struggling to maintain its bullish momentum, with prices hovering around $6.66 due to significant selling pressure. Despite rallying by over 600% since the beginning of 2023, TON has faced a crucial resistance level at $7, leading to a correction.
Moreover, the selling pressure on TON is evident in its 12% decline this month, as traders have been cashing out at higher levels. However, if the selling pressure eases and a bullish trend resumes, a 40% increase is possible, bringing TON prices closer to $9.
On the other hand, Arbitrum (ARB) has seen a different story unfold despite facing challenges in 2023. While the token’s value has declined by 10% over the past 30 days, reaching $0.73,??? Arbitrum has seen a massive surge in whale activity.
According to data from IntoTheBlock, the number of whale addresses holding 100,000 to 1,000,000 ARB has reached an all-time high, with 10,100 addresses now holding significant amounts of the token. This large-scale accumulation could be a bullish sign, especially considering ARB’s current undervaluation, which is indicated by its negative market value to realized value (MVRV) ratio. This metric suggests that ARB may be a good buying opportunity, as it trades below its average purchase price.
Meanwhile, BlockDAG has experienced a massive boom in popularity following an in-depth interview with its CEO Antony Turner. The presale has raised an impressive $1 million in just one day, driven by the CEO’s announcement of forming a foundation to oversee the presale funds.
This rapid rise and the foundation’s establishment plans further solidify BlockDAG’s position among the top 10 cryptocurrencies in the market.
The above is the detailed content of BlockDAG CEO's Sizzling Interview Sparks $1 Million Presale Surge Overnight, Stealing Attention From ARB Whales & TON Price Rally!. For more information, please follow other related articles on the PHP Chinese website!

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