ETH Supply Pressure Rises, TON Price Forecast, BDAG Nears $100M

Market changes and trading moves are creating exciting times in the crypto market. Ethereum is facing supply problems as its prices have sharply fallen. Meanwhile, Toncoin’s price predictions remain strong. Even with market ups and downs, the increasing supply of stablecoins points to a positive future for Toncoin.

In the presale arena, BlockDAG (BDAG) is almost at a major milestone of $100 million. Crypto experts suggest now might be the best time to buy BDAG coins, as prices are likely to rise soon. Expectations of up to a 20,000x return for early buyers highlight the excitement around BlockDAG.

Ethereum Faces More Supply Pressure as Prices Drop

On October 11, 2024, Ethereum’s supply was squeezed even more as prices fell to $2,401, dropping nearly 2% in a day. This downturn is part of a larger market slump. However, a potential large-scale sale by Chinese officials poses a specific threat to Ethereum’s market standing.

Recently, 7,000 ETH were moved to trading platforms from a bigger stash that had been confiscated. This has caused the amount of Ethereum available on exchanges to hit a three-week high. This boost in Ethereum on exchanges could lead to more selling, potentially impacting its market behavior.

Toncoin Prices Hold Steady Despite Market Fluctuations

Even though it slipped below the $5.20 level, the outlook for Toncoin prices is still looking hopeful. Over the past week, Toncoin has held the $5 support line amid widespread market sales. However, the rising number of stablecoins on the Toncoin network signals some solid underlying strength.

While Toncoin prices are currently at about $5.04, the community remains optimistic. This positive view is supported by a notable 17.76% boost in supply volume to $194.63 million. As the market finds its balance, Toncoin fans are hopeful for future improvements, especially as Telegram Mini Apps become more popular in the TON ecosystem.

Racing Toward $100M: BlockDAG’s Record-Breaking Presale Surge

As BlockDAG presale nears the important $100 million mark, it’s a key moment for those thinking about buying in. Right now, with sales almost reaching $99 million, this presale is setting records in the crypto market. Demand for BDAG coins is skyrocketing.

Till now, over 14.3 billion coins have been snapped up, and the sales just keep on climbing. At just $0.0206 per coin in the 24th batch, these coins are drawing in crowds of eager buyers wanting to start from the bottom.

This increase in purchases could signal a big jump in prices for upcoming batches. For those looking into BDAG, now is an excellent time to buy at a low price. As time goes on, the chance to buy at these prices may decrease as demand continues to grow.

Those ready to buy are taking this opportunity before prices go up. Early buyers have already seen returns of 1960%. Predictions indicate that these profits could soar even higher in future batches. This rapid growth shows BlockDAG’s potential for quick increases in value.

With the presale raising huge momentum, market experts predict major returns. According to them early supporters might see gains as much as 20,000x. This isn’t just hopeful thinking—it underscores BlockDAG’s solid groundwork and bright prospects as a crypto worth watching.

Top Crypto Coins of 2024

Looking at the crypto market, issues with Ethereum’s supply and Toncoin’s steadiness show how unpredictable this field can be. Buying these coins might not always pay off.

Apart from these, BlockDAG continues to excel in its presale. It’s close to hitting the $100 million target, on track to become the largest presale ever. The strong interest in BDAG coins highlights its standing as a top choice among cryptos to watch.