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Toncoin and Aptos (APT) have become hot topics but for different reasons

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2024-09-13 00:05:19893browse

Toncoin recently saw a steep 27% drop in price after the arrest of its founder. On the other hand, Aptos (APT) has been holding firm at around $6.7

Toncoin and Aptos (APT) have become hot topics but for different reasons

Toncoin’s price recently took a steep 27% dive, landing at $5.04. This drop comes after the news of its founder, Pavel Durov's arrest, reached the markets. While the price has since stabilized slightly above this level, it still faces some tough hurdles.

For one, Toncoin is now trading below its 50-day and 200-day moving averages, which is generally seen as a bearish signal. On top of that, the MACD is showing increasing downward pressure, making a quick recovery look unlikely. All in all, traders might want to keep an eye on these patterns before making any moves.

As we move on, Aptos (APT) seems to be in an interesting spot for traders. At the time of writing, APT was trading at around $6.7, marking an 8% increase over the past week. What makes this setup worth watching is the coin’s position near the 20 and 50-day moving averages, along with the lower edge of a rising wedge pattern.

If buyers manage to keep the price above these levels, APT could retest resistance at $7.2, with the possibility of reaching $7.7. However, a decisive break below this wedge could lead to a drop toward $5.7.

Now, let’s shift our focus to BlockDAG, which has already pulled off two of the biggest soccer deals in the crypto market's history - a $10 million, three-year partnership with Borussia Dortmund (BVB) and another multi-million dollar agreement with Inter Milan.

With over 2.3 billion soccer fans worldwide, these partnerships could bring millions of new users into the BlockDAG ecosystem. In fact, BlockDAG has already raised $71.2 million in just 21 of its 45 presale batches, with the coin’s price skyrocketing 1680% since batch 1.

At Borussia Dortmund’s Signal Iduna Park and Inter Milan’s San Siro Stadium, fans can now spot BlockDAG’s branding on giant LED screens during home games. The project is also tapping into these clubs’ huge social media fanbases to build further engagement.

The goal is simple - bring crypto into the mainstream and make it accessible, even to those who know little about it. So far, thousands of new holders are joining BlockDAG’s presale every day, making it the most popular cryptocurrency of 2024.

But things are about to get even more interesting. There’s strong speculation that BlockDAG is close to securing a deal with a top Premier League club, which could potentially be even bigger than its partnerships with BVB and Inter Milan.

Feeling the hype? You should be! Batch 22 of the presale, is already close to selling out only after being launched recently. Whale activity is off the charts with one large holder snagging over $2.5 million in BDAG coins. With the current price at just $0.0178 per coin, it’s not hard to imagine the massive rise that could follow once this batch ends.

To Conclude, BlockDAG’s approach of blending crypto with the sports world is proving highly effective. Its multi-million dollar sponsorships with Borussia Dortmund and Inter Milan, along with rumors of a third deal with a Premier League powerhouse, could eventually place BlockDAG alongside heavyweights like Ethereum and Solana. While Toncoin faces challenges with ongoing price drops and Aptos (APT) holds potential for a breakout, BlockDAG’s rise looks unstoppable.

The excitement surrounding these soccer deals, along with speculation about an upcoming Premier League club partnership, has driven demand for BDAG to an all-time high. With presale batch 22 nearly sold out and significant whale activity taking place, now could be a key moment to get involved before prices get out of reach.

Learn About BlockDAG – Act Now Before Prices Increase:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu

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