Market trends indicate significant shifts, with Toncoin under pressure after failing to hold key price levels and Shiba Inu witnessing major sell-offs. Toncoin’s drop below critical support suggests a continued downward trend, while Shiba Inu holders offloaded 615 billion tokens, raising concerns over its stability.
At the same time, BlockDAG (BDAG) is taking proactive steps by securing listings on 10 exchanges ahead of its official launch. This approach enhances its liquidity and market depth, offering stability from day one. As uncertainty affects other assets, BlockDAG’s well-planned strategy and rising confidence among buyers position it for long-term strength.
BlockDAG Rapidly Approaches 10 Exchange Listings as Presale Hits $201M!
BlockDAG is preparing for a strong market entry by ensuring it will be listed on 10 exchanges before its launch. While the exact platforms remain undisclosed due to confidentiality agreements, these listings will make BDAG coins widely accessible, guaranteeing strong liquidity and smooth trading from the outset.
Additionally, the team has focused on choosing high-traffic exchanges that align with BlockDAG’s broader market approach. With growing confidence in its potential, the crypto presale has reached $201 million, making it one of the largest funding rounds in recent times. Over 18.7 billion coins have been sold, with the current batch 27 price at $0.0248, marking a 2,340% increase since the first batch.
With momentum rising, the scheduled exchange listings are expected to shape BDAG’s market performance post-launch. These listings will enhance accessibility, create a deeper market, and attract both individual and institutional participants. Additionally, the successful launch of the testnet and ongoing collaborations point to BlockDAG entering the market with solid traction.
For those who secured BDAG at earlier stages, these exchange listings serve as a crucial development, unlocking broader trade opportunities and strengthening its standing among prominent digital assets.
Toncoin Faces Declines as Key Support Fails
Toncoin (TON) has dropped 5.81% in the past 24 hours, trading at $3.564. The hourly chart signals more downside after breaking below $3.641, bringing the $3.50 level into focus. On the daily chart, the outlook remains bearish, as losing the $3.497 support could open the path for a deeper fall toward $3.00.
Meanwhile, midterm indicators show that if TON closes below $3.599 without a long wick, it could signal increased selling activity, leading to further price drops. This technical pattern suggests growing bearish pressure, prompting traders to monitor key levels closely. A price recovery would require a breakout above resistance zones, but as of now, downward movement remains dominant.
Traders are advised to remain cautious, as sustained declines could extend the correction. Tracking volume and price movement will be key in determining whether TON stabilizes or faces additional losses in the near term.
Shiba Inu Holders Sell 615 Billion SHIB Amid Market Uncertainty
Shiba Inu (SHIB) has been struggling to regain momentum following a sharp decline, currently trading at $0.000013 after a 12% drop. Over the past ten days, large holders have sold approximately 615 billion SHIB tokens, increasing downward pressure on its price. On-chain data indicates a decline in the SHIB balances of whale wallets, reflecting reduced confidence among major market participants.
Despite this, retail interest remains strong, with the number of SHIB wallets reaching a record 1.38 million. Analysts are now debating whether the recent sell-offs represent a broader trend or just a temporary adjustment before a potential price recovery.
The shift in holdings suggests that major players may be reallocating assets or securing profits. While SHIB continues to have an engaged community, its short-term direction remains uncertain amid changing market conditions. Buyers are closely observing price action and support levels to assess whether SHIB can regain upward momentum or face further downside.
Final Say!
Toncoin’s struggles with support levels and Shiba Inu’s large sell-offs highlight the volatility present in the market. Both assets risk further losses unless market conditions improve. In contrast, BlockDAG is gaining traction through well-planned exchange listings, ensuring strong liquidity and broader accessibility from day one.
As traders evaluate their choices, BlockDAG’s structured market entry and growing confidence among buyers set it apart from assets experiencing instability. While uncertainty remains for Toncoin and Shiba Inu, BlockDAG is establishing itself as a project with a more solid foundation for sustained market growth.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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