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Cryptocurrency News Articles
Toncoin (TON) Price Shows Early Signs of Recovery, Outperforming the Market as BlockDAG (BDAG) Boasts New Inter Milan Collaboration
Apr 24, 2025 at 07:00 am
Toncoin (TON) price is showing early signs of recovery, with key technical patterns suggesting it may soon break out of a lengthy correction.
Toncoin (TON) price is showing early signs of recovery, with key technical patterns suggesting it may soon breakout of a lengthy correction. At the same time, Arbitrum’s RWA sector continues to boom, surpassing $200 million as institutional players show increasing interest in the Stable Treasury Endowment Program (STEP).
Another coin making waves is BlockDAG (BDAG), which is forging unique collaborations. Its partnership with Inter Milan is granting it access to millions of passionate fans, and X1 Miner app has now surpassed one million users.
With $10 million recently raised in its presale, BlockDAG is rapidly moving toward its $600 million goal, making it one of the top crypto coins to buy now. Here’s a closer look at what’s new with these coins.
Toncoin Price Shows Potential For Breakout
The Toncoin (TON) price is nearing an important turning point after a prolonged correction. Analysis by Benzinga identifies a completed WXY pattern on higher timeframes, with a descending wedge forming on lower timeframes.
This pattern is typically associated with a change in trend, and with the Relative Strength Index (RSI) showing bullish divergence, it appears that TON price could be preparing for a rebound.
Having recently tested and bounced off a higher low at $2.80, it could signal a shift in momentum. A breakout above the overhead resistance at $4.12 could propel a larger upward move. Conversely, dropping below the lower wedge support at $2.68 might invalidate the current bullish outlook.
As Toncoin's price movements are crucial for those considering the best crypto coins to buy now, these technical levels will be closely watched by traders in the coming days. Will Toncoin finally break out of its correction, or is more downside in store? Only time will tell as this coin remains on the radar.
Arbitrum’s RWA Sector Reaches $200M Despite Market Pressures
Arbitrum’s RWA market has seen an incredible expansion in the past year, quickly advancing from less than $200,000 to over $200 million. This marks one of the fastest stages of expansion for any tokenized asset class in such a short period.
A significant contributor to this surge is the involvement of institutional players who are pouring capital into Arbitrum’s STEP. So far, 85 million ARB, valued at over $700 million, have been allocated to support the initiative.
The Arbitrum DAO’s commitment to investing in real-world assets is evident, with the majority of the Stable Treasury Endowment Program (STEP) focusing on U.S. Treasuries, as highlighted by Arbitrum Intelligence.
While institutions are actively participating in Arbitrum’s RWA sector with projects like Dinari and SPIKO offering diversified asset classes, the question of how Arbitrum’s native token, ARB, will sustain the booming RWA initiative remains.
Despite the rapid growth of the sector and the DAO’s dedication to expanding its treasury, the ARB token has yet to fully realize the gains.
As the crypto markets navigate new lows and volatility, Arbitrum remains a key player among the top crypto coins to buy now.
BlockDAG’s Partnership With Inter Milan Fuels Global Visibility
BlockDAG is rapidly expanding its reach with its partnership with Inter Milan, offering a unique chance for visibility on a global scale—a rare feat for most crypto projects at this stage.
Now the official blockchain partner of the club, BlockDAG is tapping into one of the largest and most passionate sport fanbases worldwide.
This partnership goes beyond just branding; fans of the club will now have access to exclusive content, digital assets, and blockchain-powered tools that integrate with their favorite club.
By providing real-world, accessible experiences, BlockDAG is bridging the gap between blockchain technology and mainstream audiences.
This focus on user experience is also evident in BlockDAG’s X1 Miner app, which has now surpassed one million users. The app offers a seamless and easy way to mine up to 20 BDAG daily without draining phone battery or heating up devices.
It also features engaging social elements like referral programs, daily logins, and community interaction, which are crucial for long-term user engagement.
For many users, the X1 Miner app serves as their first introduction to the crypto world, creating a loyal fanbase who are actively spreading the word about BlockDAG’s potential.
The combination of both the Inter Milan partnership and the miner app’s success is driving BlockDAG’s latest presale surge. The project just closed a $10 million funding round in just a few days.
This pushes the total presale amount to $217 million out of its $600 million goal. With its presale price having reportedly jumped from $0.001 to $0.0248, an impressive 2,380% increase
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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