Hedera Coin Price Surges Past $0.40, Toncoin Price Eyes $6.20 While BlockDAG’s Recent AMA Highlights its Bold Moves

As the cryptocurrency market matures, investors keenly observe projects that are demonstrating innovation and growth potential. It is essential to examine the current standings of top trending cryptos—Toncoin, Hedera & BlockDAG. After hitting a yearly high of around $0.40, the Hedera (HBAR) coin price is in a corrective phase. Toncoin (TON) price dropped below its moving average after reaching $7.20, and experts predict it may hit $6.20. 

In the meantime, BlockDAG (BDAG), an emerging blockchain project, recently had enthusiasts and buyers turning heads with its proactive initiatives, including an engaging AMA (Ask-Me-Anything) session that highlighted the introduction of an incubator, grants program, launchpad, and so on. Learn in detail about these developments here to understand this competitive market

Toncoin (TON) Price: Long-term Forecast Looks Bearish

Toncoin (TON) price has experienced notable movements in recent times. Toncoin (TON) fell below its moving average after reaching $7.20. This suggests a bearish long-term forecast. Toncoin price dropped to $4.78 before rising above $5.00 support but staying below the moving averages. If TON breaks above the moving averages, the uptrend might continue. However, if it falls below the 50-day SMA, selling pressure could increase, potentially driving the price down to $3.65. TON is trading at approximately $5.64.

On the 4-hour chart, TON is rising above the moving averages and might reach $6.20. On the daily chart, if buyers keep TON above the moving averages and it breaks the $6.50 resistance, the uptrend could resume.

Hedera (HBAR) Price Trends: Broke out Past $0.4

Hedera (HBAR) price recently broke out of a descending triangle pattern after peaking near $0.40, indicating a potential new uptrend. However, further confirmation is needed. 

Days ago, Hedera’s price bounced from its support, leading to a breakout. The daily chart shows a possible start of wave 5 in the Elliott Wave structure, with Fibonacci levels highlighting key support and resistance zones. After bouncing from the 0.382 level at $0.24, the price increased by 39% to $0.34 on Dec. 24. The RSI is recovering from overbought levels, suggesting growing market momentum. Watching Fibonacci resistance levels is crucial for future movements.

BlockDAG’s Recent AMA: An Incubator, A Grants Program, A Launchpad & More

BlockDAG, a rising layer-1 blockchain project, is becoming one of the top trending cryptos for its recent AMA (Ask-Me-Anything) that highlighted initiatives that aimed at strengthening its ecosystem and creating growth opportunities.  These developments are reminiscent of the early growth phases of networks like Ethereum (ETH) and Solana (SOL). 

A new launchpad platform is in development to encourage the launch of tokens and decentralized applications (dApps) on the BlockDAG network. This initiative is expected to support a wide range of projects, boosting activity and participation within the ecosystem. 

In partnership with Hacker Earth, BlockDAG plans to host four major hackathons in 2025, drawing in more than 15,000 developers and inspiring hundreds of projects. To further support, a $10 million grants program will launch in February. The grants, ranging from $5,000 to $100,000, will be distributed in USDT and BDAG coins to qualifying teams.

Furthermore, the team is launching an ambassador program to bring on board representatives from across the globe. Additionally, a partnership with an incubator aims to nurture promising projects by offering mentorship, resources, and guidance to help them succeed on the network.

BlockDAG’s milestones highlight the project’s progress. Its ongoing crypto presale,  raised over $173.5 million and sold over 17.5 billion coins. Currently priced at $0.0234 in presale batch 26, the BDAG coin has delivered a remarkable 2240% ROI for early buyers. These efforts underline BlockDAG’s focus on promoting a strong ecosystem. With strong support for its community and a clear roadmap, BlockDAG is carving its way to becoming the best pick for buyers, going into 2025.

Final Thoughts 

Toncoin (TON) and Hedera (HBAR) remain significant among top trending cryptos, with Hedera’s price recently breaking $0.40 and Toncoin’s price hovering near $5.64. However, BlockDAG’s focused initiatives, including a $10 million grants program, a global incubator, and a launchpad for token and dApp launches, elevate its appeal.

The project’s presale raised $172.5 million and has delivered an impressive 2240% ROI since batch 1, for early investors. This proactive strategy positions BlockDAG as a compelling investment heading into 2025, particularly for those seeking opportunities in a project that balances steady growth with substantial community engagement. Staying informed about these top trending cryptos and understanding market dynamics are key for the ones who are looking to explore the potential of these digital assets.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu