BlockDAG, Synthetix, and Toncoin: Three Cryptos To Look Out For
BlockDAG (BDAG) has grabbed the spotlight in the presale arena and its current sixth presale batch offers BDAG tokens at $0.035 each, set to increase gradually with subsequent batches, culminating at $0.05 by the final batch. Toncoin (TON) price has surged by 138% year-to-date, hitting a new high of $5.69, attributed to Telegram's revenue-sharing system and IPO considerations. Telegram's initiative allows channel owners to earn 50% of ad revenue in Toncoin, contributing to TON's rapid rise.
Additionally, the TON Foundation's introduction of the Toncoin community rewards program, valued at over $115 million, has further fueled Tocoin (TON) price growth, leading to significant increases in Total Value Locked (TVL) and daily active wallets. Synthetix (SNX) is predicted to experience a 20.27% increase in price, reaching $4.91 by May 2, 2024. The sentiment is currently neutral, with 15 technical analysis indicators signaling bullish signals and 14 indicating bearish signals.
Long-term Senthetix price predictions suggest SNX could reach between $3.90 and $16.13 by 2025 and between $4.15 and $23.47 by 2030. BlockDAG sets itself apart with its pioneering integration of Directed Acyclic Graph (DAG) and Proof-of-Work (PoW) technologies, achieving unparalleled scalability, security, and decentralisation levels that outshine conventional blockchain models. It boasts a transaction capacity of 10,000-15,000 transactions per second (TPS), offering a much more efficient alternative to older blockchain networks.
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