Toncoin and Avalanche are both aiming to bounce back after recent market shifts. TON’s expected price increase is linked to forthcoming airdrops, while AVAX hopes its new big partnerships will fuel growth. However, new initiatives like BlockDAG are racing ahead. Featuring a state-of-the-art layer 1 ecosystem and a new Testnet, BlockDAG has grabbed the market’s attention.
Early in its presale, the project has already collected over $77.5 million. The BDAG50 promo code, released for its major rebrand, has been successful with buyers, boosting the presale further. BlockDAG is quickly outperforming its larger rivals.
Toncoin (TON): Set for October Airdrops
Toncoin is gathering steam, mainly through its strong link with Telegram and the airdrops planned for October. The buzz is due to past successful airdrops, with the Telegram community eagerly awaiting new ones starting September 26 with Hamster Kombat’s Token Generation Event (TGE). Additional initiatives like X Empire, Major, and MemeFi are set to increase demand for TON.
Blockchain data has shown a rise in new and active addresses, indicating that Toncoin’s ecosystem is preparing for these events. Analysts suggest this excitement might lead to a significant price jump. Currently priced around $5.70, there’s talk that Toncoin could surpass the $6.50 barrier, potentially reaching $7 or more. Yet, as with any market, risks exist, and investors should stay alert to how the market responds to the new influx of coins.
Avalanche (AVAX): Turning Towards Institutional Adoption
Avalanche has long competed with Ethereum because of its quick transactions and low fees. However, 2024 has brought challenges, with a drop in activity on its main C-Chain to levels not seen since October 2023. This decrease mirrors a wider trend in the crypto world, especially in tough market conditions.
Despite these obstacles, Avalanche is pivoting towards big institutions, aiming to be a platform for real-world financial applications. Its recent partnerships with major firms like JP Morgan and Apollo are efforts to tokenize actual assets and offer blockchain solutions for large companies. This move towards big institutions could be a crucial lifeline for Avalanche, even as it faces stiff competition from Ethereum Layer 2 solutions and other blockchains like Solana. While everyday buyer interest may be diminishing, support from big institutions could foster long-term growth for AVAX.
BlockDAG Moves Forward with Major Rebrand After Testnet Success
BlockDAG is making significant progress, with the Testnet and Blockchain Explorer launching on September 20, 2024. This important step brings the project closer to the Mainnet release and gives everyone a chance to test what the team has been building. It’s an exciting opportunity to get involved in a project that’s attracting growing attention.
The Testnet introduces new capabilities. Through the Blockchain Explorer, users can view detailed block information, including size, timestamp, and transactions. With MetaMask integration, users can mint BDAG coins using the Faucet and transfer them to others. It also supports smart contracts, allowing users to mint NFTs, stake coins, or burn tokens.
To mark its rebrand, BlockDAG is offering a 50% bonus on coin purchases using the code ‘BDAG50’. This offer runs until October 14 and has caught the attention of buyers. The rebrand will bring new updates to the website and platform, making this an ideal time to join. The bonus code has helped push the presale to new heights.
With over $77.5 million raised and early buyers seeing profits up to 1820%, BlockDAG is quickly becoming a top choice in the crypto space. Its advanced technology and recent developments set it apart from other projects. If you’re looking for the next major crypto breakthrough, BlockDAG’s combination of innovation and rewards makes it a project worth watching.
Final Say
Although Toncoin and Avalanche are strong competitors, BlockDAG is emerging as the leader with its successful presale and the upcoming Testnet launch. Having raised over $77.5 million, BlockDAG has outpaced its competitors in terms of funds raised and buyerinterest. The rebrand is expected to bring exciting changes, and the BDAG50 bonus code, offering 50% extra coins on purchases, has added to the excitement. With early buyers seeing profits up to 1820%, BlockDAG is shaping up to be a leading option in the crypto market. Now is the perfect moment to get involved before the presale heats up even more.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
